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        <lei>N/A</lei>
        <title>Mid-Bay Bridge Authority</title>
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          <isin value="US59524KAA60"/>
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        <valUSD>1616257.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584X4P39"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-10-01</maturityDt>
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      <invstOrSec>
        <name>BELLINGHAM WA WTR &amp; SWR REV</name>
        <lei>N/A</lei>
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          <isin value="US079563ND03"/>
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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>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALACHUA CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Alachua County Health Facilities Authority</title>
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          <isin value="US010685KF10"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CITY &amp; CNTY CA R</name>
        <lei>5493001TPOZL3UK8DX25</lei>
        <title>San Francisco City &amp; County Redevelopment Agency Successor Agency</title>
        <cusip>79770GFB7</cusip>
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          <isin value="US79770GFB77"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>434385.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>HAMILTON CNTY OH HLTH CARE REV</name>
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        <title>County of Hamilton OH</title>
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          <isin value="US40727RBT41"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HANOVER CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
        <title>Hanover County Economic Development Authority</title>
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          <isin value="US41077CAM73"/>
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        <balance>1015000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tuscaloosa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>TUSCALOOSA CNTY AL INDL DEV AU TUSDEV 05/44 FIXED 5.25</title>
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          <isin value="US90068FAZ99"/>
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        <balance>8830000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QX64</cusip>
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          <isin value="US74526QX649"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NARRAGANSETT BAY RI COMMISSION</name>
        <lei>N/A</lei>
        <title>Narragansett Bay Commission</title>
        <cusip>631060AV2</cusip>
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          <isin value="US631060AV28"/>
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        <balance>2641459.04000000</balance>
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        <valUSD>2758132.08000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MOSAIC DIST VA CMNTY DEV AUTH</name>
        <lei>N/A</lei>
        <title>Mosaic District Community Development Authority</title>
        <cusip>61945DAB7</cusip>
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          <isin value="US61945DAB73"/>
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        <balance>515000.00000000</balance>
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        <valUSD>544978.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISIANA ST PUBLIC FACS AUTH</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
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          <isin value="US546398M399"/>
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        <balance>645000.00000000</balance>
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        <valUSD>676927.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
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          <isin value="US38122NZW54"/>
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        <balance>5195000.00000000</balance>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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        <name>TOLOMATO FL CDD</name>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>MIDTOWN MIAMI FL CDD SPL ASSMN</name>
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        <title>Midtown Miami Community Development District</title>
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        <name>MEMPHIS-SHELBY CNTY TN INDL DE</name>
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        <title>Memphis-Shelby County Industrial Development Board</title>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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        <balance>1860000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH EDUCTNL F</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-02-01</maturityDt>
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      <invstOrSec>
        <name>FREDERICK CNTY MD TAX INCR &amp; S</name>
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          <isin value="US355612AA06"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.13000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SNOHOMISH CNTY WA PUBLIC UTI</name>
        <lei>N/A</lei>
        <title>Snohomish County Public Utility District No 1</title>
        <cusip>833116CH7</cusip>
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          <isin value="US833116CH79"/>
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        <balance>8663663.66000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10255003.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
        <lei>5493006JSGNPGVJS7691</lei>
        <title>Texas Transportation Commission</title>
        <cusip>88283NAT9</cusip>
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          <isin value="US88283NAT90"/>
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        <balance>4070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1116930.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project</title>
        <cusip>154871BY2</cusip>
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          <isin value="US154871BY26"/>
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        <balance>780000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>846939.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514LKJ51"/>
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        <curCd>USD</curCd>
        <valUSD>802020.38000000</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>2017-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CONNECTICUT ST CTS 04/36 FIXED 5</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>CONNECTICUT ST CTS 04/36 FIXED 5</title>
        <cusip>20772KGE3</cusip>
        <identifiers>
          <isin value="US20772KGE38"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2837579.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-15</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>LAKEWOOD RANCH FL STEWARDSHIPD</name>
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        <cusip>51265KBM9</cusip>
        <identifiers>
          <isin value="US51265KBM99"/>
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        <balance>535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>562670.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>West Villages Improvement District</name>
        <lei>N/A</lei>
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          <isin value="US956454BJ02"/>
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        <balance>885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>929727.90000000</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>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Duluth Economic Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US26444CHD74"/>
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        <balance>3850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4581269.00000000</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>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>PINE ISLAND FL CDD</name>
        <lei>N/A</lei>
        <title>Pine Island Community Development District</title>
        <cusip>72262AAA7</cusip>
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          <isin value="US72262AAA79"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>840456.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Texas Private Activity Bond Surface Transportation Corp</name>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2050-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QQ54</cusip>
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          <isin value="US74526QQ544"/>
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        <balance>85000.00000000</balance>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>TOBACCO SETTLEMENT FING CORP R</name>
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        <assetCat>DBT</assetCat>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QU264"/>
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        <name>E HEMPFIELD TWP PA INDL DEV AU</name>
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          <isin value="US273007BC76"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
        <lei>N/A</lei>
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        <balance>2925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3484962.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
        <lei>N/A</lei>
        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
        <cusip>745160RC7</cusip>
        <identifiers>
          <isin value="US745160RC78"/>
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        <curCd>USD</curCd>
        <valUSD>7026382.60000000</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>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIRMINGHAM AL SPL CARE FACS FI</name>
        <lei>N/A</lei>
        <title>Alabama Special Care Facilities Financing Authority-Birmingham AL</title>
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          <isin value="US091081DP17"/>
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        <curCd>USD</curCd>
        <valUSD>512680.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUTLER CNTY OH PORT AUTH PROJ</name>
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          <isin value="US12356HAA59"/>
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        <balance>1575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1707615.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mohegan Tribal Finance Authority</name>
        <lei>N/A</lei>
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        <cusip>608327AA0</cusip>
        <identifiers>
          <isin value="US608327AA04"/>
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        <balance>1485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1522778.40000000</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>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>646136U74</cusip>
        <identifiers>
          <isin value="US646136U742"/>
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        <balance>1005000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1096897.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority</title>
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          <isin value="US928104LJ52"/>
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        <balance>3360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3703459.20000000</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>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QN65</cusip>
        <identifiers>
          <isin value="US74526QN657"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>135640.45000000</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>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>KNOX CNTY TN HLTH EDUCTNL &amp; HS</name>
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        <title>Knox County Health Educational &amp; Housing Facility Board</title>
        <cusip>49952MEG7</cusip>
        <identifiers>
          <isin value="US49952MEG78"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>647992.80000000</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>2036-04-01</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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        <name>VIRGINIA BEACH VA DEV AUTH RSD</name>
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        <title>Virginia Beach Development Authority</title>
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          <isin value="US92774NAY67"/>
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        <balance>2885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3023133.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QH543"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>825712.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Iowa Tobacco Settlement Authority</name>
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        <cusip>888805AJ7</cusip>
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          <isin value="US888805AJ79"/>
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        <balance>3075000.00000000</balance>
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        <valUSD>3075000.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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        <name>MIAMI-DADE CNTY FL WTR &amp; SWR R</name>
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          <isin value="US59334DGU28"/>
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        <balance>3499485.50000000</balance>
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        <valUSD>3626481.25000000</valUSD>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648AF343"/>
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        <name>NEW JERSEY ST ECON DEV AUTH SP</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64578CAH43"/>
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        <balance>840000.00000000</balance>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>AUSTIN TX ARPT SYS REVENUE</name>
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        <title>City of Austin TX Airport System Revenue</title>
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          <isin value="US052398FU34"/>
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        <curCd>USD</curCd>
        <valUSD>4135670.00000000</valUSD>
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          <maturityDt>2046-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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          <isin value="US6262072S25"/>
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        <curCd>USD</curCd>
        <valUSD>4363393.00000000</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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          <isCashCollateral>N</isCashCollateral>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
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          <isin value="US70869XAA81"/>
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        <balance>1200000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-05-01</maturityDt>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>CHULA VISTA CA INDL DEV REVENU</name>
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        <name>Municipal Electric Authority of Georgia</name>
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        <name>CELEBRATION POINTE CMNTY DEV D</name>
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        <name>HARRIS CNTY TX CULTURAL EDU FA</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>CENTERRA CO MET DIST</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>West Villages Improvement District</name>
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        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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        <name>Golden State Tobacco Securitization Corp</name>
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        <name>Puerto Rico Electric Power Authority</name>
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          <maturityDt>2019-07-01</maturityDt>
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        <name>MARYLAND ST INDL DEV FING AUTH</name>
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          <isin value="US574076AA35"/>
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      <invstOrSec>
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        <valUSD>762637.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
        <lei>N/A</lei>
        <title>Iowa Tobacco Settlement Authority</title>
        <cusip>888805AK4</cusip>
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          <isin value="US888805AK43"/>
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        <curCd>USD</curCd>
        <valUSD>2030040.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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          <isin value="US939783SP29"/>
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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>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
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        <title>South Carolina Public Service Authority</title>
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          <isin value="US837151JH38"/>
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        <balance>3475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3943499.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <cusip>74529JQB4</cusip>
        <identifiers>
          <isin value="US74529JQB43"/>
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        <balance>132000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115052.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PIMA CNTY AZ INDL DEV AUTH EDU</name>
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        <title>Industrial Development Authority of the County of Pima/The</title>
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          <isin value="US72177MRY56"/>
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        <curCd>USD</curCd>
        <valUSD>880222.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
        <cusip>14054CCB3</cusip>
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          <isin value="US14054CCB37"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>282110.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
        <cusip>837031WH2</cusip>
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          <isin value="US837031WH29"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>853776.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</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>
        <name>RAILSPLITTER IL TOBACCO SETTLE</name>
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        <title>Railsplitter Tobacco Settlement Authority</title>
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        <identifiers>
          <isin value="US75076PAT21"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>419932.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514LNC71"/>
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        <curCd>USD</curCd>
        <valUSD>151324.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45203HBT8</cusip>
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          <isin value="US45203HBT86"/>
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        <balance>2480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2677656.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>KANSAS CITY MO INDL DEV AUTH S</name>
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        <title>Kansas City Industrial Development Authority</title>
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          <isin value="US48504LAA17"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>HARRIS CNTY-HOUSTON TX SPORTS</name>
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        <title>Harris County-Houston Sports Authority</title>
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          <isin value="US413890BA13"/>
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        <name>Pennsylvania Economic Development Financing Authority</name>
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      <invstOrSec>
        <name>Pinellas County Industrial Development Authority</name>
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        <title>PINELLAS CNTY FL INDL DEV AUTH PINDEV 07/39 FIXED 5</title>
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        <name>CAPITAL TRUST AGY FL PRIORITY</name>
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        <title>Capital Trust Agency Inc</title>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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        <title>Capital Trust Agency Inc</title>
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          <maturityDt>2054-06-01</maturityDt>
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        <name>County of Jefferson AL Sewer Revenue</name>
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      <invstOrSec>
        <name>LAKE CNTY FL EDUCTNL FACS REVE</name>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH ST</name>
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          <isin value="US888804AX98"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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          <isin value="US45129GDE26"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
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        <name>ALLEN CNTY IN ECON DEV REVENUE</name>
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          <isin value="US01753RAC16"/>
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          <maturityDt>2043-01-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWR</title>
        <cusip>74526QW32</cusip>
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          <isin value="US74526QW328"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2017-07-01</maturityDt>
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      <invstOrSec>
        <name>DETROIT MI</name>
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          <isin value="US2510933Q14"/>
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        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <title>Texas Transportation Commission</title>
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          <isin value="US88283NAU63"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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          <isin value="US018444AA79"/>
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          <maturityDt>2042-05-01</maturityDt>
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        <name>NORTHAMPTON CNTY PA INDL DEV A</name>
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          <isin value="US663562AA45"/>
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        <name>TENDER OPTION BOND TRUST</name>
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          <isin value="US6500358F85"/>
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        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>ERIE CNTY NY TOBACCO ASSET SEC</name>
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        <name>VINCENNES IN ECON DEV REVENUE</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH CH</name>
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        <title>California Municipal Finance Authority</title>
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        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
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          <annualizedRt>6.13000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOLOMATO FL CDD</name>
        <lei>N/A</lei>
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        <cusip>889560BD9</cusip>
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          <isin value="US889560BD93"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.65000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
        <cusip>57583R5X9</cusip>
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          <isin value="US57583R5X99"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364717.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Pier &amp; Exposition Authority</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>MET PIER   EXPOSITION AUTH IL MPNFAC 12/54 ZEROCPNOID 0</title>
        <cusip>592250CZ5</cusip>
        <identifiers>
          <isin value="US592250CZ59"/>
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        <balance>9660000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2529181.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WXM3</cusip>
        <identifiers>
          <isin value="US66285WXM36"/>
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        <balance>5145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6093223.50000000</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>2043-01-01</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>TALLAHASSEE FL HLTH FACS REVEN</name>
        <lei>549300MPY4HDPK8B1G15</lei>
        <title>City of Tallahassee FL</title>
        <cusip>874485DL6</cusip>
        <identifiers>
          <isin value="US874485DL61"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2932436.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TOLOMATO FL CDD</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District</title>
        <cusip>889560DG0</cusip>
        <identifiers>
          <isin value="US889560DG07"/>
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        <balance>915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>926895.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>WASHINGTON ST HLTH CARE FACS A</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority</title>
        <cusip>93978HVT9</cusip>
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          <isin value="US93978HVT93"/>
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        <balance>885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>956437.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</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>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DBS0</cusip>
        <identifiers>
          <isin value="US56035DBS09"/>
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        <balance>1120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1481188.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</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>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CHAUTAUQUA NY TOBACCO ASSET SE</name>
        <lei>N/A</lei>
        <title>Chautauqua Tobacco Asset Securitization Corp</title>
        <cusip>162564BB3</cusip>
        <identifiers>
          <isin value="US162564BB36"/>
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        <balance>4475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4611487.50000000</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>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTGOMERY CNTY PA HGR EDU &amp; H</name>
        <lei>N/A</lei>
        <title>Montgomery County Higher Education &amp; Health Authority</title>
        <cusip>613603YX1</cusip>
        <identifiers>
          <isin value="US613603YX12"/>
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        <balance>2095000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2509202.45000000</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>2043-09-01</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>LAKEWOOD RANCH FL STEWARDSHIPDIST SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KBX5</cusip>
        <identifiers>
          <isin value="US51265KBX54"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1262373.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST POLL CONTROL FIN CASPOL 11/45 FIXED 5</title>
        <cusip>13054WAQ0</cusip>
        <identifiers>
          <isin value="US13054WAQ06"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3652800.00000000</valUSD>
        <pctVal>0.281649625212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH REVENUE NFADEV</name>
        <lei>N/A</lei>
        <title>NATIONAL FIN AUTH NH REVENUE NFADEV 11/42 FIXED 4.875</title>
        <cusip>63607YAC4</cusip>
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          <isin value="US63607YAC49"/>
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        <balance>2515000.00000000</balance>
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        <valUSD>2604483.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.88000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052BBS2</cusip>
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          <isin value="US04052BBS25"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>606257.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PEU5</cusip>
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          <isin value="US74442PEU57"/>
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        <balance>910000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAINE ST HLTH &amp; HGR EDUCTNL FA</name>
        <lei>N/A</lei>
        <title>Maine Health &amp; Higher Educational Facilities Authority</title>
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          <isin value="US560427MM57"/>
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        <balance>1075000.00000000</balance>
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        <valUSD>1150045.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority</title>
        <cusip>155498AW8</cusip>
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          <isin value="US155498AW86"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2456310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>New York Transportation Development Corp</name>
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        <name>LAKE CNTY FL EDUCTNL FACS REVE</name>
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        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
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        <name>NEW JERSEY ST ECON DEV AUTH SP</name>
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        <name>COLORADO ST HLTH FACS AUTH HOS</name>
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          <maturityDt>2043-07-01</maturityDt>
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        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US649519AF27"/>
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          <maturityDt>2049-07-15</maturityDt>
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          <isin value="US41077CAL90"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
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          <annualizedRt>3.13000000</annualizedRt>
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        <name>PRAIRIE FARM MET DIST CO PRFDEV</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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          <isin value="US74526QW575"/>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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        <name>MET PIER &amp; EXPOSITION AUTH ILR</name>
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        <name>AVIATION STATION NORTH MET DIS</name>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <name>SAN JOSE CA SPL HOTEL TAX REVE</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEHIGH CNTY PA GEN PURPOSE AUT</name>
        <lei>N/A</lei>
        <title>Lehigh County General Purpose Authority</title>
        <cusip>52480RBL3</cusip>
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          <isin value="US52480RBL33"/>
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        <balance>745000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>783620.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
        <lei>5493006JSGNPGVJS7691</lei>
        <title>Texas Transportation Commission</title>
        <cusip>88283NAS1</cusip>
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          <isin value="US88283NAS18"/>
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        <balance>3850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1112534.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLLIER CNTY FLA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Collier County Industrial Development Authority</title>
        <cusip>194638AD4</cusip>
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          <isin value="US194638AD48"/>
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        <curCd>USD</curCd>
        <valUSD>372323.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.13000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QS86</cusip>
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          <isin value="US74526QS862"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>271280.90000000</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>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>9TH AVENUE MET DIST NO 2 CO</name>
        <lei>N/A</lei>
        <title>9th Avenue Metropolitan District No 2</title>
        <cusip>65448PAA5</cusip>
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          <isin value="US65448PAA57"/>
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        <balance>1565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1661670.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667AN8</cusip>
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          <isin value="US882667AN81"/>
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        <balance>9060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10586791.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH CH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048DAS7</cusip>
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          <isin value="US13048DAS71"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>708081.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152VM0</cusip>
        <identifiers>
          <isin value="US452152VM08"/>
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        <balance>510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>546164.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <cusip>745160QB0</cusip>
        <identifiers>
          <isin value="US745160QB05"/>
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        <balance>3275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3299529.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <title>Lakewood Ranch Stewardship District</title>
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          <isin value="US51265KCN63"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>560492.40000000</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>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Mission Economic Development Corp</name>
        <lei>N/A</lei>
        <title>MISSION TX ECON DEV CORP REVEN MISDEV 10/31 FIXED OID 4.625</title>
        <cusip>605156AC2</cusip>
        <identifiers>
          <isin value="US605156AC20"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1626645.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.63000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CLAYTON CNTY GA DEV AUTH</name>
        <lei>549300MRIVF01QB6RF86</lei>
        <title>Clayton County Development Authority</title>
        <cusip>184151AN8</cusip>
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          <isin value="US184151AN85"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>663276.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA ST STWD CMNTYS DEV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>1307952Q9</cusip>
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          <isin value="US1307952Q95"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>416704.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>HOUSTON TX HGR EDU FIN CORP</name>
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        <cusip>442378GM1</cusip>
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          <isin value="US442378GM14"/>
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        <balance>535000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>578500.85000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-05-15</maturityDt>
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        <name>MARYLAND ST ECON DEV CORP STUD</name>
        <lei>549300JJ16DDBSZWSN94</lei>
        <title>Maryland Economic Development Corp</title>
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          <isin value="US57420VNG40"/>
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        <balance>950000.00000000</balance>
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        <valUSD>1046843.00000000</valUSD>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/46 FIXED OID 5.125</title>
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          <isin value="US51265KAW80"/>
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        <balance>1015000.00000000</balance>
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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>2046-05-01</maturityDt>
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          <annualizedRt>5.13000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584X4K42"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>383190.55000000</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>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PUERTO RICO PUBLIC BLDGS AUTH REVENUE GTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tulsa County Industrial Authority</name>
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          <maturityDt>2037-11-15</maturityDt>
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        <name>Industrial Development Authority of the City of St Louis Missouri/The</name>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <title>Texas Transportation Commission</title>
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          <isin value="US88283NAR35"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-08-01</maturityDt>
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        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
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          <isin value="US745160RS21"/>
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          <maturityDt>2037-07-01</maturityDt>
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        <name>THOMPSON CROSSING MET DIST</name>
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          <isin value="US88477EAB48"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TROUT CREEK CDD FL CAPITAL IMP TRODEV 05/38 FIXED 5.375</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
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        <name>OREGON ST FACS AUTH REVENUE</name>
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        <name>Greater Orlando Aviation Authority</name>
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        <name>DENVER CO INTERNATIONAL BUSINE</name>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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        <name>Westchester County Local Development Corp</name>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
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        <title>Indiana Finance Authority</title>
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        <name>PUBLIC FIN AUTH WI EDUCTNL REV</name>
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        <name>Chicago Board of Education</name>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
        <lei>5493006JSGNPGVJS7691</lei>
        <title>Texas Transportation Commission</title>
        <cusip>88283NAV4</cusip>
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          <isin value="US88283NAV47"/>
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        <curCd>USD</curCd>
        <valUSD>1343331.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL REVENUE</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250AR5</cusip>
        <identifiers>
          <isin value="US592250AR51"/>
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        <balance>29275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8707263.25000000</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>2051-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DBQ4</cusip>
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          <isin value="US56035DBQ43"/>
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        <balance>1020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1328335.80000000</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>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052BAM6</cusip>
        <identifiers>
          <isin value="US04052BAM63"/>
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        <balance>3235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3535466.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority</title>
        <cusip>155498BV9</cusip>
        <identifiers>
          <isin value="US155498BV94"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>810632.25000000</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>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VALPARAISO IN EXEMPT FACS REVE</name>
        <lei>N/A</lei>
        <title>City of Valparaiso IN</title>
        <cusip>92028RAC9</cusip>
        <identifiers>
          <isin value="US92028RAC97"/>
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        <balance>1270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1465592.70000000</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>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QN40</cusip>
        <identifiers>
          <isin value="US74526QN400"/>
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        <balance>3270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2609083.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southlands Metropolitan District No 1</name>
        <lei>N/A</lei>
        <title>SOUTHLANDS CO MET DIST  1 SLAGEN 12/47 FIXED 5</title>
        <cusip>84454RAX3</cusip>
        <identifiers>
          <isin value="US84454RAX35"/>
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        <balance>3990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4468800.00000000</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>2047-12-01</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>NEW YORK CNTYS NY TOBACCO TRUS</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust IV</title>
        <cusip>62947YAL5</cusip>
        <identifiers>
          <isin value="US62947YAL56"/>
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        <balance>8100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8255682.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOLOMATO FL CDD</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District</title>
        <cusip>889560BG2</cusip>
        <identifiers>
          <isin value="US889560BG25"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.61000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ST PAUL MN HSG &amp; REDEV AUTH CH</name>
        <lei>549300FQCUW4VH929113</lei>
        <title>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</title>
        <cusip>852297AC4</cusip>
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          <isin value="US852297AC44"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>549755.00000000</valUSD>
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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>6.63000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506DGU3</cusip>
        <identifiers>
          <isin value="US45506DGU37"/>
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        <balance>370000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>VLG FL CDD #9 SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
        <title>Village Community Development District No 9</title>
        <cusip>92708AAB5</cusip>
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          <isin value="US92708AAB52"/>
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        <name>GUAM GOVT</name>
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        <title>Territory of Guam</title>
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          <isin value="US40065BCN10"/>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
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          <isin value="US74514LE869"/>
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        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency</title>
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          <isin value="US13016NDE13"/>
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        <balance>1665000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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          <isin value="US64542RAJ05"/>
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        <balance>890000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2036-04-01</maturityDt>
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          <annualizedRt>5.88000000</annualizedRt>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/48 FIXED 5.45</title>
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          <isin value="US51265KBT43"/>
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          <maturityDt>2043-07-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIPD</name>
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        <name>Southlands Metropolitan District No 1</name>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust IV</title>
        <cusip>62947YAE1</cusip>
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          <isin value="US62947YAE14"/>
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        <balance>1695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1695101.70000000</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>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/35 FIXED OID 4.875</title>
        <cusip>51265KAS7</cusip>
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          <isin value="US51265KAS78"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>296534.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.88000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CASINO REINVESTMENT DEV AUTH N</name>
        <lei>N/A</lei>
        <title>Casino Reinvestment Development Authority</title>
        <cusip>14760RAW1</cusip>
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          <isin value="US14760RAW16"/>
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        <balance>5750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6326897.50000000</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>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST ECON DEV CORP ECON</name>
        <lei>549300JJ16DDBSZWSN94</lei>
        <title>Maryland Economic Development Corp</title>
        <cusip>57420NBH3</cusip>
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          <isin value="US57420NBH35"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1543815.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <cusip>6459182D4</cusip>
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          <isin value="US6459182D47"/>
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        <balance>1360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1516916.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THOMPSON CROSSING MET DIST</name>
        <lei>N/A</lei>
        <title>Thompson Crossing Metropolitan District No 4</title>
        <cusip>88477EAC2</cusip>
        <identifiers>
          <isin value="US88477EAC21"/>
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        <balance>1480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1576288.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TOLOMATO FL CDD</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District</title>
        <cusip>889560BF4</cusip>
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          <isin value="US889560BF42"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94591.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KAF5</cusip>
        <identifiers>
          <isin value="US51265KAF57"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>563724.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45200FR35</cusip>
        <identifiers>
          <isin value="US45200FR352"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1017190.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>South Carolina Jobs-Economic Development Authority</title>
        <cusip>83703FLP5</cusip>
        <identifiers>
          <isin value="US83703FLP52"/>
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        <balance>5825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6816298.50000000</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>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/54 FIXED 5.125</title>
        <cusip>04052TBV6</cusip>
        <identifiers>
          <isin value="US04052TBV61"/>
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        <balance>940000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1036406.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency</title>
        <cusip>13016NCM4</cusip>
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          <isin value="US13016NCM48"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>506645.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>W VLGS FL IMPT DIST</name>
        <lei>N/A</lei>
        <title>West Villages Improvement District</title>
        <cusip>956454BH4</cusip>
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          <isin value="US956454BH46"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>413848.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>ILLINOIS ST FIN AUTH EDUCTNL F</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>452029AC5</cusip>
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          <isin value="US452029AC55"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373313.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PLN3</cusip>
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          <isin value="US74442PLN32"/>
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        <balance>1260000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13059TAB5</cusip>
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          <isin value="US13059TAB52"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>337235.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.65000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
        <lei>N/A</lei>
        <title>Utah Charter School Finance Authority</title>
        <cusip>91754TCH4</cusip>
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          <isin value="US91754TCH41"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1023160.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing &amp; Finance Association</title>
        <cusip>45129GDG7</cusip>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Children's Trust Fund</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>GUAM GOVT</name>
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        <name>Tobacco Settlement Financing Corp/VA</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
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        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
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          <isin value="US745160RB95"/>
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        <curCd>USD</curCd>
        <valUSD>411787.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</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>DETROIT MI</name>
        <lei>N/A</lei>
        <title>City of Detroit MI</title>
        <cusip>2510933S7</cusip>
        <identifiers>
          <isin value="US2510933S79"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262149.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <cusip>74529JQE8</cusip>
        <identifiers>
          <isin value="US74529JQE81"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>423064.65000000</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>2031-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARLINGTON TX HGR EDU FIN CORPE</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp</title>
        <cusip>041806RX0</cusip>
        <identifiers>
          <isin value="US041806RX02"/>
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        <balance>6260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6382633.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Industrial Development Authority of the City of Phoenix/The</name>
        <lei>549300A62PWFBDWB8332</lei>
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        <cusip>71885FEA1</cusip>
        <identifiers>
          <isin value="US71885FEA12"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>320924.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</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>Celebration Pointe Community Development District</name>
        <lei>N/A</lei>
        <title>CELEBRATION POINTE CMNTY DEV D CPNDEV 05/22 FIXED 4</title>
        <cusip>15102HAD9</cusip>
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          <isin value="US15102HAD98"/>
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        <curCd>USD</curCd>
        <valUSD>238675.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp</name>
        <lei>95980020140005300000</lei>
        <title>TEXAS ST PRIV ACTIVITY BOND SU TXSTRN 12/39 FIXED OID 6.875</title>
        <cusip>882667AB4</cusip>
        <identifiers>
          <isin value="US882667AB44"/>
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        <balance>4740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4803990.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.88000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
        <title>JEFFERSON CNTY AL SWR REVENUE JEFUTL 10/51 FIXED 7</title>
        <cusip>472682RN5</cusip>
        <identifiers>
          <isin value="US472682RN59"/>
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        <balance>2355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2856921.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/36 FIXED 3.5</title>
        <cusip>38122NZT2</cusip>
        <identifiers>
          <isin value="US38122NZT26"/>
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        <balance>6580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6706994.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TROUT CREEK CDD FL CAPITAL IMP TRODEV 05/49 FIXED 5.5</name>
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        <title>TROUT CREEK CDD FL CAPITAL IMP TRODEV 05/49 FIXED 5.5</title>
        <cusip>897188AG3</cusip>
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          <isin value="US897188AG39"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1832923.00000000</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>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWR</title>
        <cusip>74526QC75</cusip>
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          <isin value="US74526QC759"/>
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        <balance>2054508.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1592241.65000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>TOBACCO SECURITIZATION AUTH ST</name>
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          <isin value="US888804AW16"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <cusip>592643CC2</cusip>
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          <isin value="US592643CC29"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>GAITHERSBURG MD ECON DEV REVEN</name>
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          <isin value="US363128CB38"/>
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        <name>South Jersey Port Corp</name>
        <lei>N/A</lei>
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          <isin value="US838530RE56"/>
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        <name>CHATTANOOGA TN HLTH EDUCTNL &amp;H</name>
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          <isin value="US162410EM28"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QP22</cusip>
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          <isin value="US74526QP223"/>
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        <balance>1940000.00000000</balance>
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        <valUSD>1547896.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QV33</cusip>
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          <isin value="US74526QV338"/>
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        <curCd>USD</curCd>
        <valUSD>1675558.50000000</valUSD>
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          <maturityDt>2042-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>WESTCHESTER CNTY NY HLTHCARE C</name>
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          <isin value="US957366DS38"/>
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        <curCd>USD</curCd>
        <valUSD>1508773.68000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST PORTS AUTH P</name>
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          <isin value="US837123GP77"/>
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        <curCd>USD</curCd>
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          <maturityDt>2045-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QM82</cusip>
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          <isin value="US74526QM824"/>
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        <balance>815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>650276.28000000</valUSD>
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        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QS37</cusip>
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          <isin value="US74526QS375"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>VIERA E FL CDD</name>
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          <isin value="US926703BR95"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO PUBLIC BLDGS AUTH</name>
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        <title>Puerto Rico Public Buildings Authority</title>
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          <isin value="US745235ZT13"/>
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        <valUSD>1762500.00000000</valUSD>
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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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOWER MAGNOLIA GREEN VA CMNTY</name>
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          <isin value="US548207AC39"/>
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        <curCd>USD</curCd>
        <valUSD>526311.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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          <isin value="US649519DB85"/>
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        <name>DETROIT MI</name>
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          <maturityDt>2037-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hudson Yards Infrastructure Corp</name>
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        <debtSec>
          <maturityDt>2047-02-15</maturityDt>
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        <name>OHIO ST AIR QUALITY DEV AUTH E OHSDEV 07/49 FIXED 5</name>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QT936"/>
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        <curCd>USD</curCd>
        <valUSD>279862.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>95980020140005300000</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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          <isin value="US882667AD00"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-30</maturityDt>
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      <invstOrSec>
        <name>MONTGOMERY CNTY PA HGR EDU &amp; H</name>
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        <title>Montgomery County Higher Education &amp; Health Authority</title>
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          <isin value="US613603YZ69"/>
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        <curCd>USD</curCd>
        <valUSD>968070.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPRTN TRUST</title>
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          <isin value="US6461365Q05"/>
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        <balance>3995000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4144452.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ESSEX CNTY NJ IMPT AUTH SOL WS</name>
        <lei>N/A</lei>
        <title>Essex County Improvement Authority</title>
        <cusip>29681TAA9</cusip>
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          <isin value="US29681TAA97"/>
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        <balance>1155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1171874.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPITAL TRUST AGY FL REVENUE</name>
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          <isin value="US14052WBW64"/>
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        <balance>950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>551000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
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          <isin value="US649519DC68"/>
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        <curCd>USD</curCd>
        <valUSD>1204071.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506DGV1</cusip>
        <identifiers>
          <isin value="US45506DGV10"/>
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        <balance>1230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1333516.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MTA HUDSON RAIL YARDS TRUST OB</name>
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        <title>MTA Hudson Rail Yards Trust Obligations</title>
        <cusip>62476RAB1</cusip>
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          <isin value="US62476RAB15"/>
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        <balance>3135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3323005.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GAINESVILLE &amp; HALL CNTY GA HOS</name>
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        <title>Gainesville &amp; Hall County Hospital Authority</title>
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        <balance>555000.00000000</balance>
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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>2054-08-15</maturityDt>
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        <name>Chicago Board of Education</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>IOWA ST STUDENT LOAN LIQUIDITY</name>
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          <isin value="US462590JF85"/>
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        <balance>360000.00000000</balance>
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        <valUSD>368611.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QU835"/>
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          <maturityDt>2038-07-01</maturityDt>
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        <name>Charlotte County Industrial Development Authority/FL</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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          <isin value="US45200FD972"/>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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        <invCountry>US</invCountry>
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        <name>TOBACCO SETTLEMENT FING CORP N</name>
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        <title>Tobacco Settlement Financing Corp/NJ</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RHODE ISLAND ST STUDENT LOAN A</name>
        <lei>N/A</lei>
        <title>Rhode Island Student Loan Authority</title>
        <cusip>762315QU6</cusip>
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          <isin value="US762315QU68"/>
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        <balance>1745000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1828288.85000000</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>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QX23</cusip>
        <identifiers>
          <isin value="US74526QX235"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267291.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2019-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WESTCHESTER NY TOBACCO ASSET S</name>
        <lei>N/A</lei>
        <title>Westchester Tobacco Asset Securitization/NY</title>
        <cusip>957480BU9</cusip>
        <identifiers>
          <isin value="US957480BU94"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2138440.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL TRUST AGY FL REVENUE</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
        <cusip>14052WBV8</cusip>
        <identifiers>
          <isin value="US14052WBV81"/>
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        <balance>445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258100.00000000</valUSD>
        <pctVal>0.019900834501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</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>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PLY9</cusip>
        <identifiers>
          <isin value="US74442PLY96"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1565265.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST HOSP FIN AUTH</name>
        <lei>54930011MIBQ2P7ZNM19</lei>
        <title>Michigan State Hospital Finance Authority</title>
        <cusip>59465HMA1</cusip>
        <identifiers>
          <isin value="US59465HMA13"/>
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        <balance>1710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1718926.20000000</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>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>E HEMPFIELD TWP PA INDL DEV AU</name>
        <lei>N/A</lei>
        <title>East Hempfield Township Industrial Development Authority</title>
        <cusip>273007BE3</cusip>
        <identifiers>
          <isin value="US273007BE33"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1876892.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL BRD OF EDU</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>Chicago Board of Education</title>
        <cusip>167505WB8</cusip>
        <identifiers>
          <isin value="US167505WB81"/>
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        <balance>1010000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1148743.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE</title>
        <cusip>74529JRL1</cusip>
        <identifiers>
          <isin value="US74529JRL16"/>
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        <balance>9261000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9620604.63000000</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>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.78000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIPD</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KAT5</cusip>
        <identifiers>
          <isin value="US51265KAT51"/>
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        <balance>580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>603693.00000000</valUSD>
        <pctVal>0.046547828294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Metropolitan Pier &amp; Exposition Authority</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>MET PIER   EXPOSITION AUTH IL MPNFAC 06/57 FIXED 5</title>
        <cusip>592250CL6</cusip>
        <identifiers>
          <isin value="US592250CL63"/>
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        <balance>2085000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2333490.30000000</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>2057-06-15</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>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>NEW JERSEY ST ECON DEV AUTH RE NJSDEV 07/32 FIXED 5</title>
        <cusip>64577BG24</cusip>
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          <isin value="US64577BG245"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267289.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>TALLYNS REACH CO MET DIST</name>
        <lei>5493001U1VNJPWBNSN91</lei>
        <title>Tallyns Reach Metropolitan District No 3</title>
        <cusip>87482MBC8</cusip>
        <identifiers>
          <isin value="US87482MBC82"/>
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        <balance>1113000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1083115.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWR</title>
        <cusip>74526QC67</cusip>
        <identifiers>
          <isin value="US74526QC676"/>
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        <balance>2054176.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1591984.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARKANSAS ST DEV FIN AUTH INDL</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
        <cusip>04108WCC4</cusip>
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          <isin value="US04108WCC47"/>
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        <balance>16025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17145147.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>549300C64URYS0WQQY42</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>4423485T1</cusip>
        <identifiers>
          <isin value="US4423485T17"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1190031.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.63000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990CPY1</cusip>
        <identifiers>
          <isin value="US64990CPY11"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>694996.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW MEXICO ST HOSP EQUIPMENT L</name>
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        <name>GREEN GABLES MET DIST  CO</name>
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        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
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        <title>Northern Tobacco Securitization Corp</title>
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        <name>DELAWARE ST ECON DEV AUTH REVE</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>New York Transportation Development Corp</name>
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      <invstOrSec>
        <name>TRAVIS CNTY TX HLTH FACS DEV C</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.13000000</annualizedRt>
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      <invstOrSec>
        <name>WESTCHESTER NY TOBACCO ASSET S</name>
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          <isin value="US957480BS49"/>
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        <valUSD>1004034.25000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW JERSEY ST HLTH CARE FACS F</name>
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          <isin value="US64579F8J56"/>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
        <cusip>57584XZZ7</cusip>
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          <isin value="US57584XZZ76"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2866575.00000000</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>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAN JOSE CA SPL HOTEL TAX REVE</name>
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        <title>City of San Jose CA Hotel Tax Revenue</title>
        <cusip>798180AQ8</cusip>
        <identifiers>
          <isin value="US798180AQ84"/>
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        <balance>760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>816886.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
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          <isin value="US594698QV79"/>
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        <balance>2030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2412918.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MOHEGAN TRIBE INDIANS CT GAMIN</name>
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        <title>Mohegan Tribe of Indians of Connecticut</title>
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          <isin value="US608333AR15"/>
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        <balance>2045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2308498.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>ARIZONA ST INDL DEV AUTH EDU R</title>
        <cusip>04052BJP0</cusip>
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          <isin value="US04052BJP04"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1143588.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEWARK HGR EDU FIN CORP TX EDU</name>
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        <title>Newark Higher Education Finance Corp</title>
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          <isin value="US650346BW89"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>423495.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPRTN TRUST</title>
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          <isin value="US6461365R87"/>
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        <balance>8560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9752750.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>VIRGINIA ST CLG BLDG AUTH EDUC</name>
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        <title>Virginia College Building Authority</title>
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          <isin value="US9277817M00"/>
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        <balance>535000.00000000</balance>
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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>NEW YORK CITY NY HSG DEV COR</name>
        <lei>N/A</lei>
        <title>New York City Housing Development Corp</title>
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          <isin value="US64972B8L25"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
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        <name>JUBAN CROSSING ECON DEV DIST L</name>
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          <isin value="US48125RAK59"/>
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        <balance>3115000.00000000</balance>
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        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584XX710"/>
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        <name>NORFOLK VA REDEV &amp; HSG AUTH RE</name>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BJC90"/>
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        <balance>150000.00000000</balance>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MIDTOWN MIAMI FL CDD SPL ASSMN</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Northern Tobacco Securitization Corp</name>
        <lei>N/A</lei>
        <title>NTHRN AK TOBACCO SECURITIZATIO NRTFAC 06/46 FIXED OID 5</title>
        <cusip>66585VAW5</cusip>
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          <isin value="US66585VAW54"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago Board Of Trade</name>
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          <other otherDesc="BlackRock Identifier" value="USZ920197"/>
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        <curCd>USD</curCd>
        <valUSD>-31975562.50000000</valUSD>
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        <issuerConditional desc="derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Chicago Board Of Trade</counterpartyName>
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            <payOffProf>Short</payOffProf>
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              <indexBasketInfo>
                <indexName>US Treasury Long Bond</indexName>
                <indexIdentifier>USZ9 Comdty</indexIdentifier>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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        <cusip>155498AY4</cusip>
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          <isin value="US155498AY43"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp</name>
        <lei>N/A</lei>
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          <isin value="US650116AV89"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTWOOD MI ECON DEV CORP</name>
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        <title>Kentwood Economic Development Corp</title>
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          <isin value="US491740EK81"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1074840.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>OREGON ST FACS AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Oregon State Facilities Authority</title>
        <cusip>68608JXL0</cusip>
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          <isin value="US68608JXL06"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524447.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
        <lei>5493006JSGNPGVJS7691</lei>
        <title>Texas Transportation Commission</title>
        <cusip>88283NAW2</cusip>
        <identifiers>
          <isin value="US88283NAW20"/>
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        <balance>3230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>746937.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
        <cusip>64542RAK7</cusip>
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          <isin value="US64542RAK77"/>
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        <balance>1355000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROADWAY STATION MET DIST NO 2</name>
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          <isin value="US111570AC19"/>
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        <fairValLevel>2</fairValLevel>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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          <isin value="US97712DH250"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>382182.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US744396AZ53"/>
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        <name>LOWER COLORADO RIVER TX AUT</name>
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        <title>Lower Colorado River Authority</title>
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          <isin value="US54811BNH05"/>
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          <couponKind>Fixed</couponKind>
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        <name>DEEPHAVEN MN CHARTER SCH LEASE</name>
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        <title>City of Deephaven MN</title>
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          <isin value="US24380HAR30"/>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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        <title>Idaho Housing &amp; Finance Association</title>
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        <name>COPPERLEAF CO MET DIST</name>
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        <title>Copperleaf Metropolitan District No 2</title>
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        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STWD CMNTYS DEV AUT CASGEN 12/46 FIXED 5</title>
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      <invstOrSec>
        <name>GLOUCESTER CNTY NJ POLL CONTRO</name>
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        <title>Gloucester County Pollution Control Financing Authority</title>
        <cusip>37969RAA9</cusip>
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      <invstOrSec>
        <name>FORT BEND CNTY TX INDL DEV COR</name>
        <lei>N/A</lei>
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          <maturityDt>2042-11-01</maturityDt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>N/A</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204EU63</cusip>
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          <isin value="US45204EU633"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-15</maturityDt>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
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        <valUSD>3677190.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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        <title>New York Counties Tobacco Trust II</title>
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          <isin value="US62947VAP22"/>
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        <curCd>USD</curCd>
        <valUSD>486333.75000000</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>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <cusip>74529JQF5</cusip>
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          <isin value="US74529JQF56"/>
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        <balance>679000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>426710.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust IV</title>
        <cusip>62947YAD3</cusip>
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          <isin value="US62947YAD31"/>
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        <curCd>USD</curCd>
        <valUSD>4520452.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST TRANSPRTN FUN</name>
        <lei>N/A</lei>
        <title>Commonwealth of Massachusetts Transportation Fund Revenue</title>
        <cusip>57604TDE3</cusip>
        <identifiers>
          <isin value="US57604TDE38"/>
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        <balance>3463550.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3730416.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP L</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp/LA</title>
        <cusip>88880PCN2</cusip>
        <identifiers>
          <isin value="US88880PCN24"/>
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        <balance>3910000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4324929.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delaware State Economic Development Authority</name>
        <lei>N/A</lei>
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        <cusip>246371AA6</cusip>
        <identifiers>
          <isin value="US246371AA65"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4608960.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA ST FIN AUTH REVENUE</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246K4T6</cusip>
        <identifiers>
          <isin value="US46246K4T65"/>
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        <balance>2360000.00000000</balance>
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        <valUSD>2628402.80000000</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>2048-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
        <title>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</title>
        <cusip>592643AD2</cusip>
        <identifiers>
          <isin value="US592643AD20"/>
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        <balance>1610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1610161.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>OKLAHOMA ST DEV FIN AUTH HLTHS</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884XCF2</cusip>
        <identifiers>
          <isin value="US67884XCF24"/>
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        <balance>4585000.00000000</balance>
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        <valUSD>5442899.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2038-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Chicago IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>CHICAGO IL O HARE INTERNATIONA CHITRN 01/46 FIXED 5</title>
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          <isin value="US167593SE38"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DIST OF COLUMBIA TOBACCO SETTL</name>
        <lei>N/A</lei>
        <title>District of Columbia Tobacco Settlement Financing Corp</title>
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          <isin value="US254842AK35"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QJ86</cusip>
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          <isin value="US74526QJ861"/>
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        <balance>90000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>GTR WENATCHEE WA REGL EVENTS C</name>
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        <title>Greater Wenatchee Regional Events Center Public Facilities Dist</title>
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          <isin value="US392397CC71"/>
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        <invCountry>US</invCountry>
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        <name>Industrial Development Authority of the City of St Louis Missouri/The</name>
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          <isin value="US85236BAB80"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-15</maturityDt>
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          <annualizedRt>4.38000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <maturityDt>2045-02-01</maturityDt>
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          <maturityDt>2044-06-15</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <name>VanEck Vectors High-Yield Municipal Index ETF</name>
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        <name>CELEBRATION POINTE CMNTY DEV D</name>
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      <invstOrSec>
        <name>Parish of St John the Baptist LA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MUNI ELEC AUTH OF GEORGIA</name>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BJN55"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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      <invstOrSec>
        <name>ST PAUL MN HSG REDEV AUTH CH STPHSG</name>
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        <cusip>852297CU2</cusip>
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        <balance>870000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO PUBLIC BLDGS AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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      <invstOrSec>
        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <title>Virginia Small Business Financing Authority</title>
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          <isin value="US928105AV74"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWR</title>
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          <maturityDt>2020-07-01</maturityDt>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DALTON WHITFIELD CNTY JT DEV A</name>
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        <name>Colorado High Performance Transportation Enterprise</name>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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        <name>IOWA ST FIN AUTH MIDWSTRN DISA</name>
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        <title>Iowa Finance Authority</title>
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        <name>Calcasieu Parish Memorial Hospital Service District</name>
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      <invstOrSec>
        <name>Copperleaf Metropolitan District No 3</name>
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        <name>Parish of St John the Baptist LA</name>
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        <name>ALLEN CNTY IN ECON DEV REVENUE</name>
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        <name>MARYLAND ST ECON DEV CORP PRIV</name>
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        <name>PORT OF GTR CINCINNATI DEV AUT</name>
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        <title>Port of Greater Cincinnati Development Authority</title>
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        <name>GREENEWAY IMPT DIST FL SPL ASS</name>
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          <isin value="US39483RAA23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584XW647"/>
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        <balance>305000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Chicago Board of Education</name>
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          <isin value="US167505TK28"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>815552.50000000</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>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Liberty Development Corp</name>
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        <name>NEWARK HGR EDU FIN CORP TX EDU</name>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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        <title>Idaho Housing &amp; Finance Association</title>
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        <name>WAYZATA MN SENIOR HSG REVENUE</name>
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        <name>NASHVILLE MET DEV &amp; HSG AGY TN TAX INCR REVENUE</name>
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        <name>Kansas City Land Clearance Redevelopment Authority</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Main Street Natural Gas Inc</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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      <invstOrSec>
        <name>WESTCREEK MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Westcreek Metropolitan District No 2</title>
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          <isin value="US95752TAA43"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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      <invstOrSec>
        <name>KING CNTY WA PUBLIC HOSP DIST</name>
        <lei>N/A</lei>
        <title>King County Public Hospital District No 4</title>
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          <isin value="US494794EZ91"/>
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        <balance>545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>572664.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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        <title>California Statewide Communities Development Authority</title>
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          <isin value="US13080SVK76"/>
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        <curCd>USD</curCd>
        <valUSD>1688564.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>SAN FRANCISCO CITY &amp; CNTY CA R</name>
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          <isin value="US79770GFC50"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH ST</name>
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          <isin value="US888804AY71"/>
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        <title>Commonwealth of Puerto Rico</title>
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          <maturityDt>2023-07-01</maturityDt>
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        <name>HUDSON NY YARDS INFRASTRUCTURE</name>
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        <debtSec>
          <maturityDt>2047-02-15</maturityDt>
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        <name>ARLINGTON TX HGR EDU FIN CORPE</name>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <title>Public Finance Authority</title>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Liberty Development Corp</name>
        <lei>N/A</lei>
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        <cusip>649519DA0</cusip>
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          <isin value="US649519DA03"/>
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        <balance>7365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8122563.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>744396CV2</cusip>
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          <isin value="US744396CV22"/>
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        <curCd>USD</curCd>
        <valUSD>1745695.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/26 FIXED OID 4.25</title>
        <cusip>51265KAU2</cusip>
        <identifiers>
          <isin value="US51265KAU25"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183351.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RED RIVER TX HLTH FACS DEV COR</name>
        <lei>N/A</lei>
        <title>Red River Health Facilities Development Corp</title>
        <cusip>75687RAD4</cusip>
        <identifiers>
          <isin value="US75687RAD44"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>850664.01000000</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>2042-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>6459182H5</cusip>
        <identifiers>
          <isin value="US6459182H50"/>
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        <balance>970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1101076.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <cusip>74529JQC2</cusip>
        <identifiers>
          <isin value="US74529JQC26"/>
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        <balance>252000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199440.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANSAS CITY MO INDL DEV AUTH S</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>Kansas City Industrial Development Authority</title>
        <cusip>48504LAC7</cusip>
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          <isin value="US48504LAC72"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96242.30000000</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>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP R</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp/RI</title>
        <cusip>888809BE9</cusip>
        <identifiers>
          <isin value="US888809BE95"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6118310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</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>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/47 FIXED 5.25</title>
        <cusip>38122NZV7</cusip>
        <identifiers>
          <isin value="US38122NZV71"/>
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        <balance>945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>972896.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
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          <isin value="US14054CCA53"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>325422.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency</title>
        <cusip>13016NCN2</cusip>
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          <isin value="US13016NCN21"/>
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        <curCd>USD</curCd>
        <valUSD>1399750.25000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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        <name>PALM BEACH CNTY FL HLTH FACS A</name>
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        <title>Palm Beach County Health Facilities Authority</title>
        <cusip>696507TD4</cusip>
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          <isin value="US696507TD49"/>
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        <valUSD>1129050.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
        <cusip>57584XVU2</cusip>
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          <isin value="US57584XVU26"/>
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        <balance>93608.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/21 FIXED 4</title>
        <cusip>51265KAX6</cusip>
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          <isin value="US51265KAX63"/>
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        <balance>100000.00000000</balance>
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        <valUSD>101255.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp/NJ</name>
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        <title>TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5</title>
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          <isin value="US888808HT28"/>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152RU7</cusip>
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          <isin value="US452152RU79"/>
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        <balance>1460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1551279.20000000</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>2035-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MARTIN CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Martin County Health Facilities Authority</title>
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          <isin value="US573903EF45"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1085050.00000000</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>2042-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
        <lei>N/A</lei>
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          <isin value="US613609B960"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
        <lei>549300A62PWFBDWB8332</lei>
        <title>Industrial Development Authority of the City of Phoenix/The</title>
        <cusip>71885FGN1</cusip>
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          <isin value="US71885FGN15"/>
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        <curCd>USD</curCd>
        <valUSD>210430.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
        <lei>N/A</lei>
        <title>Buckeye Tobacco Settlement Financing Authority</title>
        <cusip>118217AS7</cusip>
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          <isin value="US118217AS72"/>
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        <curCd>USD</curCd>
        <valUSD>10106500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461364X6</cusip>
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          <isin value="US6461364X64"/>
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        <balance>4095000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4796268.75000000</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>2043-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIPDIST SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KBW7</cusip>
        <identifiers>
          <isin value="US51265KBW71"/>
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        <balance>715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>807435.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MTA HUDSON RAIL YARDS TRUST OB</name>
        <lei>N/A</lei>
        <title>MTA Hudson Rail Yards Trust Obligations</title>
        <cusip>62476RAC9</cusip>
        <identifiers>
          <isin value="US62476RAC97"/>
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        <balance>6425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7154109.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QL34</cusip>
        <identifiers>
          <isin value="US74526QL347"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610382.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STOCKTON CA PUBLIC FING AUTH W</name>
        <lei>N/A</lei>
        <title>Stockton Public Financing Authority</title>
        <cusip>861398BE4</cusip>
        <identifiers>
          <isin value="US861398BE40"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279501.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/38 FIXED 5</title>
        <cusip>57584YQG7</cusip>
        <identifiers>
          <isin value="US57584YQG79"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1449816.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING COR</title>
        <cusip>74529JQW8</cusip>
        <identifiers>
          <isin value="US74529JQW89"/>
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        <balance>2066000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>548316.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>CLARK CNTY NV IMPT DIST</name>
        <lei>N/A</lei>
        <title>County of Clark NV</title>
        <cusip>181003LH5</cusip>
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          <isin value="US181003LH52"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>615128.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>OKLAHOMA ST TURNPIKE AUTH</name>
        <lei>549300J83EP2PBDYH615</lei>
        <title>Oklahoma Turnpike Authority</title>
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          <isin value="US679111XX76"/>
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        <valUSD>3719824.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI EDUCTNL REV</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74445GAR39"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-15</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QR468"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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          <isin value="US74526QG552"/>
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          <maturityDt>2018-07-01</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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          <isin value="US45204EFB92"/>
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        <name>LAKEWOOD RANCH FL STEWARDSHIPDIST SPL ASSMNT REVENUE</name>
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          <isin value="US51265KBR86"/>
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        <invCountry>US</invCountry>
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        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STWD CMNTYS DEV AUT CASGEN 12/56 FIXED 5.25</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>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>ST PAUL MN HSG REDEV AUTH CH STPHSG</name>
        <lei>549300FQCUW4VH929113</lei>
        <title>ST PAUL MN HSG   REDEV AUTH CH STPHSG 07/49 FIXED 5</title>
        <cusip>852297CT5</cusip>
        <identifiers>
          <isin value="US852297CT50"/>
        </identifiers>
        <balance>555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>611149.35000000</valUSD>
        <pctVal>0.047122751143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL BRD OF EDU</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>Chicago Board of Education</title>
        <cusip>167505SL1</cusip>
        <identifiers>
          <isin value="US167505SL10"/>
        </identifiers>
        <balance>1370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1582569.20000000</valUSD>
        <pctVal>0.122024206650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</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>NORTH CAROLINA ST MED CARE COM</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
        <cusip>65820YJN7</cusip>
        <identifiers>
          <isin value="US65820YJN76"/>
        </identifiers>
        <balance>3055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3328453.05000000</valUSD>
        <pctVal>0.256640810904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</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>FLOWER MOUND TX SPL ASSMNT REV</name>
        <lei>N/A</lei>
        <title>Town of Flower Mound TX</title>
        <cusip>34348RAB6</cusip>
        <identifiers>
          <isin value="US34348RAB69"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1547010.00000000</valUSD>
        <pctVal>0.119282409850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/39 FIXED 5</title>
        <cusip>57584YQH5</cusip>
        <identifiers>
          <isin value="US57584YQH52"/>
        </identifiers>
        <balance>3055000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3682924.70000000</valUSD>
        <pctVal>0.283972394175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PALM BEACH CNTY FL REVENUE</name>
        <lei>N/A</lei>
        <title>County of Palm Beach FL</title>
        <cusip>696547GK8</cusip>
        <identifiers>
          <isin value="US696547GK88"/>
        </identifiers>
        <balance>540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>592925.40000000</valUSD>
        <pctVal>0.045717591077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-01</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>
    </invstOrSecs>
    <explntrNotes>


      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2019-10-30</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Municipal Bond Fund, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Ann Frechette</ncom:signature>
      <ncom:signerName>Ann Frechette</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
