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        <name>Denton Independent School District</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>Scott County School District Finance Corp</name>
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        <name>State of Florida</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US6461365W72"/>
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        <curCd>USD</curCd>
        <valUSD>129836.01000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64971WWN63"/>
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        <curCd>USD</curCd>
        <valUSD>150163.79000000</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>2036-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US544532NP59"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180596.37000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp</name>
        <lei>N/A</lei>
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        <cusip>79467BCT0</cusip>
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          <isin value="US79467BCT08"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207885.08000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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          <isin value="US153476GX80"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35041.36000000</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>4.00000000</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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          <isin value="US64577XBB10"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142895.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>CONNECTICUT ST-C</title>
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          <isin value="US20772KCK34"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103981.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NEW YORK CITY MUNI</title>
        <cusip>64972GQD9</cusip>
        <identifiers>
          <isin value="US64972GQD96"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71022.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990GAX07"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40832.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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        <curCd>USD</curCd>
        <valUSD>532275.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>County of King WA Sewer Revenue</name>
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        <name>District of Columbia Income Tax Revenue</name>
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        <name>State of Washington</name>
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      <invstOrSec>
        <name>State of Colorado</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854J290"/>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2035-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2032-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Commonwealth Transportation Board</name>
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          <maturityDt>2034-05-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Las Vegas Valley Water District</name>
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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>2041-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio Water Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Oklahoma County Independent School District No 89 Oklahoma City</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063DA247"/>
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        <valUSD>152760.02000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>State of Arizona</name>
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          <isin value="US040588G901"/>
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        <curCd>USD</curCd>
        <valUSD>226088.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund</name>
        <lei>VVKMFR2VC8EHEF9DKR84</lei>
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          <other otherDesc="FAID" value="CMT001143"/>
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        <balance>74503295.50000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7450329.55000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Fort Myers FL Utility System Revenue</name>
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        <title>FORT MYERS-A-REV-REF</title>
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          <isin value="US348172UG03"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46150.53000000</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>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US64613CCE66"/>
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        <balance>150000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Private Colleges &amp; Universities Authority</name>
        <lei>N/A</lei>
        <title>PRIVATE CLGS &amp; UNIV-B</title>
        <cusip>74265LU22</cusip>
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          <isin value="US74265LU229"/>
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        <balance>530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>509338.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of New Mexico Severance Tax Permanent Fund</name>
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        <valUSD>132412.61000000</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>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
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          <isin value="US91412G3K99"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WCC82"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WZU34"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp</name>
        <lei>N/A</lei>
        <title>TX PRIVATE ACTIVITY-A</title>
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          <isin value="US882667AY47"/>
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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>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US92778VLA43"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST -REV</title>
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          <isin value="US5946954G05"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Private Colleges &amp; Universities Authority</name>
        <lei>N/A</lei>
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        <name>Energy Northwest</name>
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        <name>Santa Clara Unified School District</name>
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        <name>Miami-Dade County Educational Facilities Authority</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>State of California</name>
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          <maturityDt>2027-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Community College District/CA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Clark NV Passenger Facility Charge Revenue</name>
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        <name>County of Harris TX Toll Road Revenue</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <name>State of California</name>
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        <name>Washington &amp; Multnomah Counties School District No 48J Beaverton</name>
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        <name>State of California</name>
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        <name>California State Public Works Board</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>City of New York NY</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Sales Tax Securitization Corp</name>
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        <name>North Texas Tollway Authority</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Empire State Development Corp</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Commonwealth of Pennsylvania</name>
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          <maturityDt>2027-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Dallas Area Rapid Transit</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Duval County Public Schools</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2044-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
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        <name>North Texas Tollway Authority</name>
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        <name>State of California</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Ohio University</name>
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      <invstOrSec>
        <name>Harris County Flood Control District</name>
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      <invstOrSec>
        <name>Energy Northwest</name>
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      <invstOrSec>
        <name>City &amp; County of Denver CO Pledged Excise Tax Revenue</name>
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          <isin value="US24917DBJ19"/>
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          <maturityDt>2041-08-01</maturityDt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>State of Connecticut</name>
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          <isin value="US20772KYH66"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US544532JG07"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US544532GD03"/>
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        <balance>15000.00000000</balance>
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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>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Regional Transportation District Sales Tax Revenue</name>
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          <isin value="US759136VA92"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2041-11-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>District of Columbia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Chicago IL Wastewater Transmission Revenue</name>
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        <name>Iowa Finance Authority</name>
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        <name>State of Georgia</name>
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        <name>Florida Insurance Assistance Interlocal Agency Inc</name>
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        <name>City of New York NY</name>
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        <name>Intermountain Power Agency</name>
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        <name>Regional Transportation District Sales Tax Revenue</name>
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        <title>REGL TRANSPTRN-A-REF</title>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas State University System</name>
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          <maturityDt>2027-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Monroe County Industrial Development Corp/NY</name>
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        <name>Township of Parsippany-Troy Hills NJ</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Gilbert Water Resource Municipal Property Corp</name>
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        <name>New York City Industrial Development Agency</name>
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        <name>City of Houston TX Hotel Occupancy Tax &amp; Special Revenue</name>
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        <name>County of Jefferson AL</name>
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          <maturityDt>2037-09-15</maturityDt>
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        <name>Conroe Independent School District</name>
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        <name>Grand River Dam Authority</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Virginia College Building Authority</name>
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        <name>Empire State Development Corp</name>
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        <name>Mount San Antonio Community College District</name>
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        <name>State of Nevada Highway Improvement Revenue</name>
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        <name>King County School District No 411 Issaquah</name>
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        <name>County of Miami-Dade FL Aviation Revenue</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>California State University</name>
        <lei>N/A</lei>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>School District of Broward County/FL</name>
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        <name>South Carolina Public Service Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
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      <invstOrSec>
        <name>Chabot-Las Positas Community College District</name>
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          <maturityDt>2033-08-01</maturityDt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York State Dormitory Authority</name>
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          <maturityDt>2033-03-15</maturityDt>
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        <name>State of Illinois</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Bay Area Toll Authority</name>
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        <name>Northeast Ohio Regional Sewer District</name>
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        <name>University of California</name>
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        <name>University of California</name>
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        <name>Pennsylvania Turnpike Commission</name>
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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>2036-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
        <lei>N/A</lei>
        <title>JEA-THREE A-REV-REF</title>
        <cusip>46613SRW2</cusip>
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          <isin value="US46613SRW25"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
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        <cusip>29270CH73</cusip>
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          <isin value="US29270CH734"/>
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        <curCd>USD</curCd>
        <valUSD>215251.38000000</valUSD>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
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          <isin value="US542691BP47"/>
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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>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063CR51</cusip>
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          <isin value="US13063CR516"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76953.41000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of New York NY</name>
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          <isin value="US64966QAN07"/>
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        <curCd>USD</curCd>
        <valUSD>313288.08000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
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        <cusip>927793D30</cusip>
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          <isin value="US927793D308"/>
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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>2025-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>IN FIN AUTH -A -REF</title>
        <cusip>45506EEZ2</cusip>
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          <isin value="US45506EEZ25"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27279.67000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Hillsborough County Aviation Authority</name>
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          <maturityDt>2043-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <valUSD>282102.00000000</valUSD>
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        <name>North Texas Tollway Authority</name>
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          <maturityDt>2030-01-01</maturityDt>
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        <name>Deschutes Public Library District</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>State of Georgia</name>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>City of Houston TX</name>
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        <name>State of Washington</name>
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        <name>Texas Transportation Commission</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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        <name>State Public School Building Authority</name>
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        <name>Denton Independent School District</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>Texas Transportation Commission</name>
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        <name>New York City Transitional Finance Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <isin value="US13063DPF95"/>
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          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
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        <valUSD>219935.00000000</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>2031-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST</title>
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        <curCd>USD</curCd>
        <valUSD>285390.45000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Omaha Public Power District</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2032-03-01</maturityDt>
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        <name>King County School District No 411 Issaquah</name>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Dallas Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US235308Q551"/>
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        <curCd>USD</curCd>
        <valUSD>177544.06000000</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>2055-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
        <lei>N/A</lei>
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          <isin value="US67760HNS66"/>
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        <curCd>USD</curCd>
        <valUSD>81184.31000000</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>2030-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <isin value="US574193QE15"/>
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        <curCd>USD</curCd>
        <valUSD>63255.61000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XB807"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231958.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <isin value="US574193UY23"/>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aldine Independent School District</name>
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          <isin value="US014393XS64"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100743.11000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US709225GU45"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>138547.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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          <isin value="US544647JA96"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112352.33000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
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        <balance>75000.00000000</balance>
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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>2030-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
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          <isin value="US977100GS91"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

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          <maturityDt>2029-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914PY633"/>
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        <valUSD>115442.57000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Municipal Power Agency</name>
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          <maturityDt>2042-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FYJ73"/>
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          <maturityDt>2041-03-15</maturityDt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64972HVL31"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2032-07-15</maturityDt>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <balance>65000.00000000</balance>
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          <maturityDt>2032-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Nassau County Interim Finance Authority</name>
        <lei>549300DP7LB76W78BR41</lei>
        <title>NASSAU CO INTERIM-A</title>
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        <balance>180000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Harris County-Houston Sports Authority</name>
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        <name>Rhode Island Commerce Corp</name>
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        <name>California State Public Works Board</name>
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        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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        <name>Clifton Higher Education Finance Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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        <name>County of Santa Clara CA</name>
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        <name>University of Alabama/The</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York Liberty Development Corp</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>Coast Community College District</name>
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        <name>Central Florida Expressway Authority</name>
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      <invstOrSec>
        <name>Oklahoma Turnpike Authority</name>
        <lei>549300J83EP2PBDYH615</lei>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077C3L69"/>
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      <invstOrSec>
        <name>Minnesota Public Facilities Authority State Revolving Fund</name>
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        <valUSD>55144.66000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Los Angeles CA Wastewater System Revenue</name>
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          <isin value="US53945CJZ41"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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        <cusip>93878YBR9</cusip>
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          <isin value="US93878YBR99"/>
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        <curCd>USD</curCd>
        <valUSD>119364.43000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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          <isin value="US64972JGN28"/>
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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>2043-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Bay Municipal Utility District Water System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US271014E655"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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        <cusip>13063DG93</cusip>
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          <isin value="US13063DG939"/>
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        <balance>155000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <balance>150000.00000000</balance>
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        <valUSD>150903.93000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
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        <name>City of Chicago IL</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>State of California</name>
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        <name>University of California</name>
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        <name>State of Washington</name>
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        <name>Massachusetts School Building Authority</name>
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        <invCountry>US</invCountry>

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        <name>Conroe Independent School District</name>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
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      <invstOrSec>
        <name>State of Washington</name>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Public Building Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
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          <isin value="US91412HUV31"/>
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          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-01</maturityDt>
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        <name>Virginia College Building Authority</name>
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          <isin value="US92778VHW19"/>
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          <maturityDt>2030-05-01</maturityDt>
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        <name>Leander Independent School District</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>State of Michigan</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>City of New York NY</name>
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        <name>New York City Industrial Development Agency</name>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>California Educational Facilities Authority</name>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2037-06-15</maturityDt>
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        <name>Harris County-Houston Sports Authority</name>
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          <isin value="US413890GT58"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Unified School District/CA</name>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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          <maturityDt>2039-06-01</maturityDt>
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        <name>Texas Water Development Board</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Energy Northwest</name>
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        <name>New York State Environmental Facilities Corp</name>
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        <name>University of California</name>
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        <name>California State Public Works Board</name>
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        <name>University of California</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Utah Transit Authority</name>
        <lei>N/A</lei>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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      <invstOrSec>
        <name>State of California</name>
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          <maturityDt>2037-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>County of DeKalb GA Water &amp; Sewerage Revenue</name>
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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>2032-10-01</maturityDt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063C6Z86"/>
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        <valUSD>15191.99000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Long Island Power Authority</name>
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        <curCd>USD</curCd>
        <valUSD>77419.19000000</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>2049-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cypress-Fairbanks Independent School District</name>
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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>2028-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>District of Columbia Income Tax Revenue</name>
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        <name>County of Clark Department of Aviation</name>
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        <name>JEA Electric System Revenue</name>
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        <name>State of New Mexico</name>
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        <name>State of California</name>
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        <name>Cleveland County Educational Facilities Authority</name>
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        <name>State of Georgia</name>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650009Q486"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
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          <isin value="US29270CJ896"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758C502"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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          <isin value="US64972HVJ84"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063EME3</cusip>
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          <isin value="US13063EME31"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64025.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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        <cusip>65829QEK6</cusip>
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          <isin value="US65829QEK67"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40303.06000000</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>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063DKC1</cusip>
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          <isin value="US13063DKC10"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>557005.94000000</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>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <cusip>64972GUA0</cusip>
        <identifiers>
          <isin value="US64972GUA02"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88655.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northampton County General Purpose Authority</name>
        <lei>N/A</lei>
        <title>NORTHAMPTON CO-A-REF</title>
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          <isin value="US663507DH19"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73390.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST-UNREFD</title>
        <cusip>13063EKL9</cusip>
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          <isin value="US13063EKL91"/>
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        <balance>200000.00000000</balance>
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        <valUSD>214432.40000000</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>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
        <title>VA CMWLTH TRANS-REF</title>
        <cusip>927793P78</cusip>
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        <balance>60000.00000000</balance>
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        <valUSD>61878.02000000</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>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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          <maturityDt>2028-11-01</maturityDt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>State of California</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Seattle WA Municipal Light &amp; Power Revenue</name>
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        <name>Energy Northwest</name>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Los Angeles CA Wastewater System Revenue</name>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-15</maturityDt>
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        <name>State of California</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063DBW74"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <valUSD>50878.13000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Texas Department of Transportation State Highway Fund</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Northwest</name>
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        <name>Washington &amp; Multnomah Counties School District No 48J Beaverton</name>
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        <name>State of Georgia</name>
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        <name>Empire State Development Corp</name>
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        <name>New York City Transitional Finance Authority</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990AML60"/>
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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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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County-Houston Sports Authority</name>
        <lei>N/A</lei>
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          <isin value="US413890GP37"/>
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        <valUSD>1069097.74000000</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>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Fairfax VA</name>
        <lei>N/A</lei>
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          <isin value="US30382AEN81"/>
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        <curCd>USD</curCd>
        <valUSD>247200.05000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
        <title>HAWAII ST</title>
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          <isin value="US419792MJ25"/>
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        <curCd>USD</curCd>
        <valUSD>168525.23000000</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>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST-A-2</title>
        <cusip>93974EXQ4</cusip>
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          <isin value="US93974EXQ42"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48297.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLLWAY AUTH REV</title>
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          <isin value="US66285WJ235"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121500.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Utah Telecommunication Open Infrastructure Agency</name>
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          <isin value="US91756SAQ66"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174867.74000000</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>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-B-REF</title>
        <cusip>64990AWR2</cusip>
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          <isin value="US64990AWR21"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105490.27000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NEW YORK ST URBAN DEV</title>
        <cusip>650036GZ3</cusip>
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          <isin value="US650036GZ37"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119258.15000000</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>2030-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2041-08-01</maturityDt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2044-08-01</maturityDt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WJ722"/>
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          <maturityDt>2039-01-01</maturityDt>
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        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
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          <maturityDt>2031-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arizona Transportation Board</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2044-02-01</maturityDt>
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        <name>State of Maryland</name>
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        <title>MARYLAND ST</title>
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          <isin value="US574193VZ88"/>
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        <invCountry>US</invCountry>

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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Mid-Bay Bridge Authority</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Municipal Power Agency No 1</name>
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          <maturityDt>2034-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>Alamo Community College District</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US57582TBE10"/>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bay Area Toll Authority</name>
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          <isin value="US072024VL35"/>
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          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Private Colleges &amp; Universities Authority</name>
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          <isin value="US74265LR597"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
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        <name>State of Texas</name>
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          <isin value="US8827236S34"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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          <maturityDt>2030-10-01</maturityDt>
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        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York State Dormitory Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>New York State Dormitory Authority</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>El Camino Community College District Fountation/The</name>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
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      <invstOrSec>
        <name>Wayne County Airport Authority</name>
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          <maturityDt>2040-12-01</maturityDt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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          <isin value="US64990FJB13"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-15</maturityDt>
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      <invstOrSec>
        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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      <invstOrSec>
        <name>State of Connecticut</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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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>2033-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maryland State Transportation Authority</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Oakland Unified School District/Alameda County</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>Poway Unified School District</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Virginia College Building Authority</name>
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      <invstOrSec>
        <name>State of Illinois Sales Tax Revenue</name>
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        <name>San Dieguito Union High School District</name>
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        <name>State of Delaware</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Dallas Area Rapid Transit</name>
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        <valUSD>98275.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>City of New York NY</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Poway Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>Chicago O'Hare International Airport</name>
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          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Mississippi</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Virginia Public Building Authority</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Virginia College Building Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Allen Independent School District</name>
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        <name>Bay Area Toll Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>University of Massachusetts Building Authority</name>
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          <maturityDt>2042-11-01</maturityDt>
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        <lei>254900I3VDCQ58UGBR15</lei>
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          <isin value="US592248BB38"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fort Bend Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US346843WS00"/>
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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>2055-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY -A -REV -REF</title>
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          <isin value="US64990FX337"/>
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        <curCd>USD</curCd>
        <valUSD>4726.22000000</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>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Juan Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US798306XN14"/>
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        <curCd>USD</curCd>
        <valUSD>85328.75000000</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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US92778VLU07"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105566.93000000</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>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST-A</title>
        <cusip>93974EG83</cusip>
        <identifiers>
          <isin value="US93974EG839"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99115.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <cusip>57582R3T1</cusip>
        <identifiers>
          <isin value="US57582R3T16"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128601.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-A</title>
        <cusip>65000BX52</cusip>
        <identifiers>
          <isin value="US65000BX523"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109959.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
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          <isin value="US896032AS84"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266789.60000000</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>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPR</title>
        <cusip>6461366E6</cusip>
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          <isin value="US6461366E65"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>395857.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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 CAB-A-MCCORM</title>
        <cusip>592247L40</cusip>
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          <isin value="US592247L401"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21238.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Mateo County Community College District</name>
        <lei>N/A</lei>
        <title>SAN MATEO CLB CAB-B</title>
        <cusip>799038GG3</cusip>
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          <isin value="US799038GG33"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38936.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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          <isin value="US167593VM17"/>
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        <balance>160000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLLWY-B-REF</title>
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          <isin value="US66285WS988"/>
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        <balance>445000.00000000</balance>
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        <valUSD>486245.85000000</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>2036-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Multnomah County School District No 1 Portland/OR</name>
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          <isin value="US625517KN68"/>
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        <balance>65000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CA UNIF SD</title>
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        <balance>80000.00000000</balance>
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        <valUSD>75635.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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          <isin value="US452252NB18"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91139.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST-B-REF</title>
        <cusip>207758T52</cusip>
        <identifiers>
          <isin value="US207758T522"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>179805.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Indiana Finance Authority</name>
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        <name>State of California</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077C3J14"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59261AFR32"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Illinois</name>
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          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <name>University of Virginia</name>
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        <name>New York State Thruway Authority</name>
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        <name>University of Virginia</name>
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        <name>State of California</name>
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        <name>State of Illinois</name>
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        <name>State Public School Building Authority</name>
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        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>University of California</name>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US65829QDZ46"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>South Carolina Public Service Authority</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XSD11"/>
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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>
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          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Government of Nashville &amp; Davidson County TN</name>
        <lei>549300GW8FVQJ3DU6O10</lei>
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          <isin value="US592112TD88"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62563.67000000</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>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>TX TRANSPRTN COMM</title>
        <cusip>88283KBH0</cusip>
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          <isin value="US88283KBH05"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26095.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>MINNESOTA ST-E-REF</title>
        <cusip>60412AJ61</cusip>
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          <isin value="US60412AJ617"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95464.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063CZ60</cusip>
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          <isin value="US13063CZ600"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101819.63000000</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>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063CX39</cusip>
        <identifiers>
          <isin value="US13063CX399"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>434517.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
        <lei>254900GOGQEZEWCZ4D37</lei>
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        <cusip>167560VT5</cusip>
        <identifiers>
          <isin value="US167560VT50"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21939.87000000</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>2030-12-01</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>
        <name>King County School District No 411 Issaquah</name>
        <lei>N/A</lei>
        <title>KING CO SD #411</title>
        <cusip>4952243S4</cusip>
        <identifiers>
          <isin value="US4952243S43"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>163065.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Plano Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US727199C823"/>
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        <balance>150000.00000000</balance>
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        <valUSD>158486.04000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
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          <isin value="US97705MQ991"/>
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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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Permanent University Fund - University of Texas System</name>
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          <isin value="US9151158S16"/>
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        <balance>145000.00000000</balance>
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        <valUSD>159408.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <maturityDt>2028-12-15</maturityDt>
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        <name>State of Minnesota</name>
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        <cusip>60412AWK5</cusip>
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        <balance>80000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio State University/The</name>
        <lei>JFC10ZULKO4X2E3HBY86</lei>
        <title>OHIO ST UNIV-B</title>
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          <isin value="US677632Q617"/>
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        <balance>85000.00000000</balance>
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        <valUSD>94474.29000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>California State University</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Oregon State Lottery</name>
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        <name>State of California</name>
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          <maturityDt>2042-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
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          <maturityDt>2035-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Washington</name>
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        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Empire State Development Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>City of New York NY</name>
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          <maturityDt>2034-04-01</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>County of Clark NV</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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      <invstOrSec>
        <name>University of Vermont and State Agricultural College</name>
        <lei>N/A</lei>
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          <isin value="US915200VS59"/>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN</name>
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      <invstOrSec>
        <name>University of Massachusetts Building Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</name>
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          <isin value="US79768HFP82"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990GJR48"/>
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          <maturityDt>2042-07-01</maturityDt>
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        <name>New York City Transitional Finance Authority</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <maturityDt>2041-06-15</maturityDt>
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        <name>State of Louisiana</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2027-05-01</maturityDt>
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        <name>North Texas Tollway Authority</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>E-470 Public Highway Authority</name>
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        <name>State of Washington</name>
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        <name>Barbers Hill Independent School District</name>
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        <name>California State University</name>
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      <invstOrSec>
        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>State of Maryland</name>
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          <isin value="US574193US54"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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          <isin value="US59259N6S73"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758C924"/>
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        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758R708"/>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>State of California</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HUW14"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>State of Michigan Trunk Line Revenue</name>
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        <name>Energy Northwest</name>
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        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <name>Michigan State Building Authority</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>State of North Carolina</name>
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        <name>Santa Clara Valley Water District</name>
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        <name>JEA Electric System Revenue</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Sales Tax Securitization Corp</name>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>MARYLAND ST -A</title>
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          <isin value="US574193TZ17"/>
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        <curCd>USD</curCd>
        <valUSD>179887.01000000</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>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHING ST -C</title>
        <cusip>93974EES1</cusip>
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          <isin value="US93974EES19"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61792.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Plano Independent School District</name>
        <lei>N/A</lei>
        <title>PLANO ISD</title>
        <cusip>727199E64</cusip>
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          <isin value="US727199E647"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279458.55000000</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>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK -A-1</title>
        <cusip>64966QE71</cusip>
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          <isin value="US64966QE714"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>521680.80000000</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>2027-09-01</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>State of Minnesota</name>
        <lei>N/A</lei>
        <title>MINNESOTA ST-E-REF</title>
        <cusip>60412AJ53</cusip>
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          <isin value="US60412AJ534"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27786.15000000</valUSD>
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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>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>Southern California Public Power Authority</name>
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        <title>STHRN CA PUBLIC SER-1</title>
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          <isin value="US84247PMT56"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5243.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</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>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>MET TRANSPRTN -A-1</title>
        <cusip>59261AC96</cusip>
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          <isin value="US59261AC962"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27389.31000000</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>2042-11-15</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>Virginia Commonwealth Transportation Board</name>
        <lei>N/A</lei>
        <title>VA CMWLTH TRANSPRTN B</title>
        <cusip>927793Y78</cusip>
        <identifiers>
          <isin value="US927793Y783"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61791.05000000</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>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>NJ TRANSPRTN TRUST-A</title>
        <cusip>64613CCS5</cusip>
        <identifiers>
          <isin value="US64613CCS52"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160314.38000000</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>2037-06-15</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>Miami-Dade County Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE CO EDU-A</title>
        <cusip>59333ANV9</cusip>
        <identifiers>
          <isin value="US59333ANV97"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103421.68000000</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>2042-04-01</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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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
        <title>CENTRL TX REGL AUTH-A</title>
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        <identifiers>
          <isin value="US155498DU93"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15040.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>TRIBOROUGH NY BRIDGE</title>
        <cusip>89602RHZ1</cusip>
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          <isin value="US89602RHZ10"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252040.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nassau County Interim Finance Authority</name>
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          <isin value="US631663QZ76"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104817.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>School District of Broward County/FL</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
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        <valUSD>50664.10000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>County of King WA</name>
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          <isin value="US49474FZQ61"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
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        <balance>95000.00000000</balance>
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        <valUSD>96964.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Weld County School District No RE-2 Eaton</name>
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        <name>Lewisville Independent School District</name>
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        <name>Illinois Finance Authority</name>
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          <couponKind>Fixed</couponKind>
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        <name>Energy Northwest</name>
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          <isin value="US29270C5F84"/>
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          <couponKind>Fixed</couponKind>
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        <name>Indiana Finance Authority</name>
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          <isin value="US45505MFD39"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Long Island Power Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Board of Regents of the University of Texas System</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>City of Phoenix Civic Improvement Corp</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>State of Hawaii</name>
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        <name>Virginia College Building Authority</name>
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        <name>Palm Beach County School District</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Virginia College Building Authority</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <cusip>64966SKH8</cusip>
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          <maturityDt>2031-08-01</maturityDt>
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        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chicago O'Hare International Airport</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063DPU6</cusip>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>State of Louisiana</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US25477GPC32"/>
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        <name>New Jersey Economic Development Authority</name>
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      <invstOrSec>
        <name>State of Washington</name>
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          <isin value="US93974E4L73"/>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cass County Joint Water Resource District</name>
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          <isin value="US14805PBA93"/>
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          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Transitional Finance Authority</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2037-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758VM20"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2039-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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          <isin value="US20772KZZ55"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
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          <maturityDt>2033-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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        <name>State of Nevada Highway Improvement Revenue</name>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Rhode Island Commerce Corp</name>
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        <name>Indiana Finance Authority</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>State of Maryland</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Central Florida Expressway Authority</name>
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        <invCountry>US</invCountry>

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        <name>City of New York NY</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lamar Consolidated Independent School District</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Virginia College Building Authority</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>State of California</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <maturityDt>2030-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063D4Z86"/>
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        <curCd>USD</curCd>
        <valUSD>45074.50000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <isin value="US89602RFQ39"/>
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        <valUSD>216174.45000000</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>2042-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Austin Community College District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US6461365L18"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <name>State of Wisconsin</name>
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          <isin value="US97705MST35"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US88285ADL98"/>
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        <valUSD>103176.35000000</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>2038-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Clifton Higher Education Finance Corp</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Missouri Highway &amp; Transportation Commission</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Hampton Roads Transportation Accountability Commission</name>
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        <name>New Mexico Finance Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts School Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US576000RT23"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Prince George's MD</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
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        <cusip>373385LX9</cusip>
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          <isin value="US373385LX95"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56117.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>PA CMWLTH-REF</title>
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          <isin value="US70914P2Y79"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26855.08000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Minnesota</name>
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        <cusip>60412AL50</cusip>
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          <isin value="US60412AL506"/>
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        <curCd>USD</curCd>
        <valUSD>132985.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>CHICAGO O'HARE ARPT-A</title>
        <cusip>167593N99</cusip>
        <identifiers>
          <isin value="US167593N995"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29750.74000000</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>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH</title>
        <cusip>64990GEZ1</cusip>
        <identifiers>
          <isin value="US64990GEZ19"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119417.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ellis County Unified School District No 489 Hays</name>
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        <title>ELLIS CO USD #489-B</title>
        <cusip>288695EV7</cusip>
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          <isin value="US288695EV75"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88160.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Detroit City School District</name>
        <lei>N/A</lei>
        <title>DETROIT SD-REF-A</title>
        <cusip>251129Z47</cusip>
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          <isin value="US251129Z478"/>
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        <balance>35000.00000000</balance>
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        <valUSD>38461.57000000</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>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLL AUTH-A-REF</title>
        <cusip>66285WVY9</cusip>
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          <isin value="US66285WVY91"/>
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        <balance>10000.00000000</balance>
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        <valUSD>9713.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Rhode Island Commerce Corp</name>
        <lei>N/A</lei>
        <title>RI COMMERCE CORP-B</title>
        <cusip>762232AQ9</cusip>
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          <isin value="US762232AQ96"/>
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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>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>ENERGY NW-B-REF</title>
        <cusip>29270C6A8</cusip>
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          <isin value="US29270C6A88"/>
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        <balance>115000.00000000</balance>
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        <invCountry>US</invCountry>

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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <cusip>64577XEN2</cusip>
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          <isin value="US64577XEN21"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15212.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK-B-1</title>
        <cusip>64966MHL6</cusip>
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          <isin value="US64966MHL63"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>504481.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
        <title>CENTRL EXPRESSWAY</title>
        <cusip>153476DC7</cusip>
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          <isin value="US153476DC70"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115194.86000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <cusip>64613CBD9</cusip>
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          <isin value="US64613CBD92"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80205.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
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        <name>State of Wisconsin</name>
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        <name>City &amp; County of Honolulu HI</name>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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        <name>Grand River Dam Authority</name>
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        <name>State of California</name>
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        <name>Empire State Development Corp</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>Public Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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          <isin value="US64972JNY00"/>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>North Fort Bend Water Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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          <isin value="US39081HFQ02"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2032-07-01</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>Merrillville Multi School Building Corp</name>
        <lei>N/A</lei>
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          <isin value="US590252RB03"/>
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        <curCd>USD</curCd>
        <valUSD>99507.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-15</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>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
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        <cusip>46247SFR0</cusip>
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          <isin value="US46247SFR04"/>
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        <curCd>USD</curCd>
        <valUSD>220118.03000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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          <isin value="US70914PYE68"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2035-08-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Turnpike Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Turnpike Authority</name>
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      <invstOrSec>
        <name>State of Wisconsin Environmental Improvement Fund Revenue</name>
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        <name>California State Public Works Board</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>San Jose Redevelopment Agency Successor Agency</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>City of Phoenix Civic Improvement Corp</name>
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        <name>University of Washington</name>
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        <name>Duval County Public Schools</name>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
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          <isin value="US92778VEE48"/>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
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          <isin value="US91802RBM07"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rhode Island Health and Educational Building Corp</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utah Transit Authority</name>
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          <isin value="US917567HM49"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
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          <isin value="US650028WZ29"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut</name>
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          <isin value="US20772KB577"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN</name>
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          <isin value="US592112SL14"/>
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        <curCd>USD</curCd>
        <valUSD>55529.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>District of Columbia</name>
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        <name>Massachusetts School Building Authority</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>University of California</name>
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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>
      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NJ ST TRANSN TR FD</title>
        <cusip>646136XL0</cusip>
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          <isin value="US646136XL05"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39090.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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          <isin value="US153476GK69"/>
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        <curCd>USD</curCd>
        <valUSD>163787.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</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>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST-B</title>
        <cusip>452153EZ8</cusip>
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          <isin value="US452153EZ86"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>266302.95000000</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>2033-05-01</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>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>CONNECTICUT ST</title>
        <cusip>20772KPK9</cusip>
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          <isin value="US20772KPK96"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>117902.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>CONNECTICUT ST</title>
        <cusip>20772KPT0</cusip>
        <identifiers>
          <isin value="US20772KPT06"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40550.24000000</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>2036-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>Florida Insurance Assistance Interlocal Agency Inc</name>
        <lei>N/A</lei>
        <title>FL INSURANCE ASSIST</title>
        <cusip>34074EAE9</cusip>
        <identifiers>
          <isin value="US34074EAE95"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>509243.00000000</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>2028-09-01</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>
        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
        <lei>N/A</lei>
        <title>LOS ANGELES CA DEPT O</title>
        <cusip>544525ZE1</cusip>
        <identifiers>
          <isin value="US544525ZE16"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66232.38000000</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>2040-07-01</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>
        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>WISCONSIN ST</title>
        <cusip>97705MEL5</cusip>
        <identifiers>
          <isin value="US97705MEL54"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100914.47000000</valUSD>
        <pctVal>0.019060321768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</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>
        <name>Intermountain Power Agency</name>
        <lei>N/A</lei>
        <title>INTERMOUNTAIN PWR AGY</title>
        <cusip>45884AB36</cusip>
        <identifiers>
          <isin value="US45884AB366"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52132.87000000</valUSD>
        <pctVal>0.009846648125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</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>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NJ ST TRANSN TR FD</title>
        <cusip>646136XQ9</cusip>
        <identifiers>
          <isin value="US646136XQ91"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14629.34000000</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>2040-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NJ TRANSPRTN TRUST-A</title>
        <cusip>6461368A2</cusip>
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          <isin value="US6461368A26"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24668.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NEW YORK CITY NY MUNI</title>
        <cusip>64972GPQ1</cusip>
        <identifiers>
          <isin value="US64972GPQ19"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103175.37000000</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>2032-06-15</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>City of Chicago IL Waterworks Revenue</name>
        <lei>N/A</lei>
        <title>CHICAGO</title>
        <cusip>167736W60</cusip>
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          <isin value="US167736W603"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96147.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>ENERGY NW -REF-A</title>
        <cusip>29270CQ73</cusip>
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          <isin value="US29270CQ735"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209018.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts School Building Authority</name>
        <lei>N/A</lei>
        <title>MA SCH BLDG-C-REF</title>
        <cusip>576000VD2</cusip>
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          <isin value="US576000VD25"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152984.61000000</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>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLLWAY AUTH REV</title>
        <cusip>66285WXY7</cusip>
        <identifiers>
          <isin value="US66285WXY73"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218705.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Rhode Island Health and Educational Building Corp</name>
        <lei>N/A</lei>
        <title>RI HLTH EDU BLDG CORP</title>
        <cusip>762197VF5</cusip>
        <identifiers>
          <isin value="US762197VF55"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>151487.72000000</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>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>Idaho State Building Authority</name>
        <lei>549300XZ1VJYPPKQZU06</lei>
        <title>IDAHO ST BLDG AUTH-A</title>
        <cusip>451446AV0</cusip>
        <identifiers>
          <isin value="US451446AV00"/>
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        <balance>100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Northern Illinois Municipal Power Agency</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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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>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966SGY63"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <curCd>USD</curCd>
        <valUSD>50755.75000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063CZ37</cusip>
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          <isin value="US13063CZ378"/>
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        <curCd>USD</curCd>
        <valUSD>15085.89000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
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          <isin value="US29270C5L52"/>
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        <valUSD>59337.37000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <isin value="US13063DLM82"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK NY-C-1-REF</title>
        <cusip>64966QGK0</cusip>
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          <isin value="US64966QGK04"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50201.48000000</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>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <name>County of Cook IL</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>State of California</name>
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        <name>Round Rock Independent School District</name>
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        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <maturityDt>2035-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US54466HHE99"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of New York NY</name>
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        <title>NEW YORK</title>
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          <isin value="US64966Q2E95"/>
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        <curCd>USD</curCd>
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          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

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          <maturityDt>2031-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego Public Facilities Financing Authority</name>
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          <isin value="US79730AJC36"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Denver City &amp; County School District No 1</name>
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          <isin value="US249174UH42"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Municipal Improvement Corp of Los Angeles</name>
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        <curCd>USD</curCd>
        <valUSD>20417.34000000</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>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Washington</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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          <maturityDt>2035-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Harris County-Houston Sports Authority</name>
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        <name>Georgia Ports Authority</name>
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        <name>State of Connecticut</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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        <cusip>91412GVW2</cusip>
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          <isin value="US91412GVW22"/>
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        <curCd>USD</curCd>
        <valUSD>160107.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
        <title>CENTRL EXPRESSWAY-B</title>
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          <isin value="US153476JN71"/>
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        <curCd>USD</curCd>
        <valUSD>112559.03000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Detroit City School District</name>
        <lei>N/A</lei>
        <title>DETROIT SD-REF-A</title>
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          <isin value="US251129Z395"/>
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        <curCd>USD</curCd>
        <valUSD>60039.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westmoreland County Municipal Authority</name>
        <lei>N/A</lei>
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          <isin value="US961017QS20"/>
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        <curCd>USD</curCd>
        <valUSD>35101.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRWY AUTH</title>
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          <isin value="US650028YT41"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115884.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Harris TX Toll Road Revenue</name>
        <lei>N/A</lei>
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          <isin value="US41423PCP09"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295383.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>MINNESOTA-A</title>
        <cusip>60412AWJ8</cusip>
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          <isin value="US60412AWJ86"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27057.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>CHICAGO ARPT-B-REF</title>
        <cusip>167593UT7</cusip>
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          <isin value="US167593UT78"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100213.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST TRUNK LIN</title>
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          <isin value="US5946952Z04"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>464555.50000000</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>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX HGR EDU</title>
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          <isin value="US041806XA35"/>
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        <balance>90000.00000000</balance>
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        <valUSD>82973.43000000</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>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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          <maturityDt>2043-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>California State Public Works Board</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>School District of Philadelphia/The</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>District of Columbia Income Tax Revenue</name>
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        <name>Texas Water Development Board</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Energy Northwest</name>
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        <name>Texas Department of Transportation State Highway Fund</name>
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        <name>Dallas Independent School District</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <isin value="US89602HFU68"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US709224C987"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>City of New York NY</name>
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          <isin value="US64966SGB60"/>
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        <valUSD>108912.46000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>ENERGY N W WA ELEC RE</title>
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          <isin value="US29270CK464"/>
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        <valUSD>50121.16000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Dallas TX Waterworks &amp; Sewer System Revenue</name>
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          <isin value="US23542JAN54"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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        <cusip>574193UT3</cusip>
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          <isin value="US574193UT38"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15185.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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        <cusip>047870QR4</cusip>
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          <isin value="US047870QR41"/>
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        <curCd>USD</curCd>
        <valUSD>85069.04000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST</title>
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          <isin value="US93974DXF04"/>
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        <balance>130000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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        <cusip>70914PY89</cusip>
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          <isin value="US70914PY898"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alabama Public School and College Authority</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>State of Wisconsin</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Utah Transit Authority</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Intermountain Power Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp</name>
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          <isin value="US650036AM87"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Dallas Fort Worth International Airport</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Empire State Development Corp</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Alabama Federal Aid Highway Finance Authority</name>
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        <name>State of Ohio</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Southwestern Community College District</name>
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      <invstOrSec>
        <name>Chicago Transit Authority Sales Tax Receipts Fund</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>County of Cook IL</name>
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        <name>Rio Hondo Community College District/CA</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>Austin Independent School District</name>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>Duval County Public Schools</name>
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        <name>South Carolina Public Service Authority</name>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854J373"/>
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          <maturityDt>2036-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of King WA</name>
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          <maturityDt>2027-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chino Basin Regional Financing Authority</name>
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          <isin value="US169498FR89"/>
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          <maturityDt>2025-11-01</maturityDt>
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        <name>JEA Electric System Revenue</name>
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          <isin value="US46613SSE18"/>
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      <invstOrSec>
        <name>Energy Northwest</name>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2044-06-15</maturityDt>
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        <name>California State Public Works Board</name>
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        <name>Crown Point Multi School Building Corp</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Energy Northwest</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Lamar Consolidated Independent School District</name>
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        <name>State of Connecticut</name>
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        <name>Fort Bend Independent School District</name>
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        <name>County of Pasco FL Water &amp; Sewer Revenue</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>City of New York NY</name>
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        <name>County of St Louis MN</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Clifton Higher Education Finance Corp</name>
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        <name>California State Public Works Board</name>
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        <name>Oklahoma Industries Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <maturityDt>2026-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US646039YN18"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59261AQH31"/>
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        <valUSD>343631.16000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <isin value="US574193WK01"/>
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        <curCd>USD</curCd>
        <valUSD>221759.18000000</valUSD>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <curCd>USD</curCd>
        <valUSD>60391.79000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <valUSD>41414.19000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Round Rock Independent School District</name>
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          <annualizedRt>2.75000000</annualizedRt>
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        <name>Permanent University Fund - University of Texas System</name>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>State of Maryland Department of Transportation</name>
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        <name>State of California</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>452153KP3</cusip>
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          <isin value="US452153KP31"/>
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        <curCd>USD</curCd>
        <valUSD>480094.02000000</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>2030-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Coast Community College District</name>
        <lei>N/A</lei>
        <title>COAST CA CMNTY CLG DT</title>
        <cusip>190335KB4</cusip>
        <identifiers>
          <isin value="US190335KB42"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87914.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</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>
      <invstOrSec>
        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <cusip>646140CT8</cusip>
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          <isin value="US646140CT89"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94256.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH-Q-REF</title>
        <cusip>6500092M4</cusip>
        <identifiers>
          <isin value="US6500092M46"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94676.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Florida Insurance Assistance Interlocal Agency Inc</name>
        <lei>N/A</lei>
        <title>FL INSURANCE ASSIST</title>
        <cusip>34074EAB5</cusip>
        <identifiers>
          <isin value="US34074EAB56"/>
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        <balance>495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>496954.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</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>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NYC MUNI WTR FIN-CC1</title>
        <cusip>64972GKJ2</cusip>
        <identifiers>
          <isin value="US64972GKJ21"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49732.93000000</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>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NYC MUNI WTR FIN-DD</title>
        <cusip>64972GP73</cusip>
        <identifiers>
          <isin value="US64972GP735"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51440.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST -B -REV</title>
        <cusip>594695Z35</cusip>
        <identifiers>
          <isin value="US594695Z359"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38465.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</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>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>MISSISSIPPI DEV BK-A</title>
        <cusip>60534XWU6</cusip>
        <identifiers>
          <isin value="US60534XWU61"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54563.72000000</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>2032-01-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC NY TRANS FIN-A-1</title>
        <cusip>64971X8C5</cusip>
        <identifiers>
          <isin value="US64971X8C55"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52606.24000000</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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Socorro Independent School District</name>
        <lei>N/A</lei>
        <title>SOCORRO ISD-BLDG</title>
        <cusip>833715FC4</cusip>
        <identifiers>
          <isin value="US833715FC43"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>353407.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-15</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>Tarrant Regional Water District Water Supply System Revenue</name>
        <lei>N/A</lei>
        <title>TARRANT REGL WTR-REF</title>
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          <isin value="US876443VL32"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97185.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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          <isin value="US6461397M19"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>423586.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US65829QEH39"/>
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        <balance>335000.00000000</balance>
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        <valUSD>310649.05000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2034-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>LA DEPT ARPTS-A-REF</title>
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          <isin value="US544445PP87"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36745.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Austin Independent School District</name>
        <lei>N/A</lei>
        <title>AUSTIN ISD</title>
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          <isin value="US052430WS03"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>82240.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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        <title>MIAMI-DADE CO WTR-REF</title>
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          <isin value="US59334DHZ06"/>
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        <curCd>USD</curCd>
        <valUSD>151001.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>King &amp; Snohomish Counties School District No 417 Northshore</name>
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        <title>KING ETC SD #417</title>
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        <identifiers>
          <isin value="US494656T926"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77154.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Chicago Transit Authority Sales Tax Receipts Fund</name>
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        <name>Massachusetts Development Finance Agency</name>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
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          <isin value="US46613SRZ55"/>
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      <invstOrSec>
        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758Q635"/>
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          <maturityDt>2043-07-01</maturityDt>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN Electric Revenue</name>
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          <isin value="US592030J355"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-15</maturityDt>
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        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59261AJN81"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of California</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>State of Georgia</name>
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        <name>Empire State Development Corp</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>New York City Municipal Water Finance Authority</name>
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      <invstOrSec>
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      <invstOrSec>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <maturityDt>2043-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Washington</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alabama Public School and College Authority</name>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Utah Transit Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tulsa Public Facilities Authority</name>
        <lei>N/A</lei>
        <title>TULSA OK PUBLIC FACS</title>
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          <isin value="US899673DU85"/>
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        <curCd>USD</curCd>
        <valUSD>200214.82000000</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>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990FGA6</cusip>
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          <isin value="US64990FGA66"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>82230.55000000</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>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Delaware River Joint Toll Bridge Commission</name>
        <lei>549300N6IGAQMI0JLE23</lei>
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          <isin value="US246343LJ43"/>
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        <curCd>USD</curCd>
        <valUSD>136693.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Municipal Power Agency No 1</name>
        <lei>549300N3Q65G1ODRFX75</lei>
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          <isin value="US658203W915"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25304.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Carolina Turnpike Authority</name>
        <lei>549300FCT1PN0GJGQ240</lei>
        <title>NC TURNPIKE AUTH-CABS</title>
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          <isin value="US65830VAK61"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134670.03000000</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>2042-01-01</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>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST-SER R-2023A-REF</title>
        <cusip>93974EC87</cusip>
        <identifiers>
          <isin value="US93974EC879"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187218.59000000</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>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST-J</title>
        <cusip>57582RMB9</cusip>
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          <isin value="US57582RMB95"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101668.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MA SPL OBLG-REF</title>
        <cusip>576002BN8</cusip>
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          <isin value="US576002BN82"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60503.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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          <isin value="US709224XL87"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>123718.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59261APJ06"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88584.29000000</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>2033-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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          <maturityDt>2030-03-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>MARYLAND-2ND</title>
        <cusip>574193QR2</cusip>
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          <isin value="US574193QR28"/>
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        <balance>160000.00000000</balance>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>Truckee Meadows Water Authority</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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      <invstOrSec>
        <name>State of Maryland</name>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HPT40"/>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
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        <name>State of Hawaii</name>
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          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of New York NY</name>
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          <isin value="US64966MHH51"/>
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        <valUSD>10150.81000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2035-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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          <isin value="US153476CZ74"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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          <isin value="US59334DJZ87"/>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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          <maturityDt>2041-07-01</maturityDt>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Anaheim Public Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-01</maturityDt>
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        <name>State of Washington</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Spokane County School District No 81 Spokane</name>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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          <isin value="US13068XLX56"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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          <isin value="US155498EQ72"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Los Angeles Unified School District/CA</name>
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          <isin value="US544647JD36"/>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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          <isin value="US452153KR96"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2032-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RD379"/>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
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          <isin value="US92778VFG86"/>
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          <maturityDt>2028-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2043-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California State Public Works Board</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Suffolk County Water Authority</name>
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        <name>State of California</name>
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          <isin value="US13063C8R43"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RPJ94"/>
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        <curCd>USD</curCd>
        <valUSD>18140.34000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Peralta Community College District</name>
        <lei>N/A</lei>
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          <isin value="US713575VY16"/>
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        <curCd>USD</curCd>
        <valUSD>415841.66000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
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          <isin value="US79625GBL68"/>
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        <curCd>USD</curCd>
        <valUSD>68931.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Little Elm Independent School District</name>
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          <isin value="US5370967X10"/>
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        <curCd>USD</curCd>
        <valUSD>105088.03000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
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          <isin value="US5446466K35"/>
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        <curCd>USD</curCd>
        <valUSD>431808.47000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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          <isin value="US153476FF83"/>
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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>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of North Carolina</name>
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          <isin value="US658268EB96"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>287149.83000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59261AQK69"/>
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        <curCd>USD</curCd>
        <valUSD>76034.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063D7P77"/>
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        <balance>100000.00000000</balance>
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        <valUSD>109295.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Houston TX</name>
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          <isin value="US442331K605"/>
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          <maturityDt>2026-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971X2Q06"/>
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          <maturityDt>2038-11-01</maturityDt>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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          <isin value="US544525UG19"/>
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        <name>Leander Independent School District</name>
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          <maturityDt>2042-08-16</maturityDt>
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        <name>Texas Water Development Board</name>
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        <name>State of California</name>
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        <name>Arizona Board of Regents</name>
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        <name>University of California</name>
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        <name>Multnomah County School District No 1 Portland/OR</name>
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        <name>State of Minnesota</name>
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        <name>Palm Beach County School District</name>
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        <name>Pierce County School District No 403 Bethel</name>
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        <name>State of Washington</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Municipal Improvement Corp of Los Angeles</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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        <name>State of Washington</name>
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        <name>City of New York NY</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Energy Northwest</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>City of New York NY</name>
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        <name>State of Hawaii</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Grand River Dam Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California State Public Works Board</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>City of New York NY</name>
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        <name>Regional Transportation District Sales Tax Revenue</name>
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        <name>Empire State Development Corp</name>
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        <name>State of Washington</name>
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        <name>City of New York NY</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>California State University</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>State of Washington</name>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
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          <isin value="US45506EFC21"/>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WK472"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966QAQ38"/>
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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>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>LOS ANGELES-E-REF</title>
        <cusip>544532GB4</cusip>
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          <isin value="US544532GB47"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15231.85000000</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>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
        <lei>N/A</lei>
        <title>WA MET AREA TRANSIT-A</title>
        <cusip>93878YBN8</cusip>
        <identifiers>
          <isin value="US93878YBN85"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390037.80000000</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>2039-07-15</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>Garland Independent School District</name>
        <lei>N/A</lei>
        <title>GARLAND ISD-A</title>
        <cusip>366155Z44</cusip>
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          <isin value="US366155Z442"/>
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        <curCd>USD</curCd>
        <valUSD>194334.81000000</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>2035-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Diego County Water Authority</name>
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          <isin value="US797412ED12"/>
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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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Colorado</name>
        <lei>N/A</lei>
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        <cusip>196711UX1</cusip>
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          <isin value="US196711UX11"/>
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        <curCd>USD</curCd>
        <valUSD>286673.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Louisville and Jefferson County Metropolitan Sewer District</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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        <invCountry>US</invCountry>

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        <name>Permanent University Fund - University of Texas System</name>
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        <name>School District of Broward County/FL</name>
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        <name>State of California</name>
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        <name>City of Houston TX Combined Utility System Revenue</name>
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        <name>Clark County School District</name>
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        <name>Georgia State Road &amp; Tollway Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Mexico Finance Authority</name>
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          <isin value="US64711RMN34"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NEW YORK ST URBAN DEV</title>
        <cusip>650036CE4</cusip>
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          <isin value="US650036CE44"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51751.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>UTAH ST TRANSIT-REF</title>
        <cusip>917567HX0</cusip>
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          <isin value="US917567HX04"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53906.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <cusip>57582RM78</cusip>
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          <isin value="US57582RM784"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109232.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of New Mexico Severance Tax Permanent Fund</name>
        <lei>N/A</lei>
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          <isin value="US6473103R06"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166672.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLLWY-B-REF</title>
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          <isin value="US66285WS319"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21497.87000000</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>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Houston Higher Education Finance Corp</name>
        <lei>N/A</lei>
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        <cusip>442378GP4</cusip>
        <identifiers>
          <isin value="US442378GP45"/>
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        <balance>435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>489428.81000000</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>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NYC MUNI WTR FIN-BB-2</title>
        <cusip>64972GG99</cusip>
        <identifiers>
          <isin value="US64972GG999"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11084.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NY ST DORM AUTH-B-REF</title>
        <cusip>64990C6Q9</cusip>
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          <isin value="US64990C6Q97"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61683.76000000</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>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Clark NV</name>
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          <maturityDt>2038-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
        <lei>N/A</lei>
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          <isin value="US67760HKH39"/>
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        <balance>70000.00000000</balance>
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        <valUSD>39651.08000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-02-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>State of Colorado</name>
        <lei>N/A</lei>
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        <balance>25000.00000000</balance>
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          <maturityDt>2038-12-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Orlando Utilities Commission</name>
        <lei>549300EJR7JVMRXL5D66</lei>
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          <isin value="US686507MH43"/>
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        <balance>220000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NY DORM AUTH-C-REF</title>
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          <isin value="US64990AJV89"/>
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        <balance>50000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2031-03-15</maturityDt>
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      <invstOrSec>
        <name>State of Hawaii</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
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          <isin value="US3733846W19"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DCC02"/>
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        <curCd>USD</curCd>
        <valUSD>10025.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Minnesota Public Facilities Authority State Revolving Fund</name>
        <lei>N/A</lei>
        <title>MN ST PUB FACS AUTH-A</title>
        <cusip>604115DK8</cusip>
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          <isin value="US604115DK87"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295916.83000000</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>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANSITIONAL FIN</title>
        <cusip>64971XQK7</cusip>
        <identifiers>
          <isin value="US64971XQK71"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57358.49000000</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>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <cusip>709224VA4</cusip>
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          <isin value="US709224VA41"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14844.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Atlanta GA</name>
        <lei>549300GHLQ0J51NUBM84</lei>
        <title>ATLANTA GA</title>
        <cusip>047772K31</cusip>
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          <isin value="US047772K310"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37613.92000000</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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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        <cusip>207758M83</cusip>
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          <isin value="US207758M832"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308224.45000000</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>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Hawaii</name>
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          <isin value="US419792HX73"/>
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        <valUSD>60261.25000000</valUSD>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
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          <isin value="US66285WBY12"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Virginia Commonwealth Transportation Board</name>
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          <isin value="US92778UBX72"/>
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          <maturityDt>2025-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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          <isin value="US544525R836"/>
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        <balance>15000.00000000</balance>
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          <annualizedRt>5.00000000</annualizedRt>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193TC22"/>
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        <balance>355000.00000000</balance>
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          <maturityDt>2029-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Utah Transit Authority</name>
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          <isin value="US917567HJ10"/>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority Assessment Revenue</name>
        <lei>N/A</lei>
        <title>MA BAY TRANS AUTH-A</title>
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          <isin value="US575577NE78"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rhode Island Commerce Corp</name>
        <lei>N/A</lei>
        <title>RI COMMERCE CORP-B</title>
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          <isin value="US762232AP14"/>
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        <curCd>USD</curCd>
        <valUSD>228974.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST -A-REV</title>
        <cusip>207758ZR7</cusip>
        <identifiers>
          <isin value="US207758ZR70"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48193.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NYC MUNI WTR FIN-EE-2</title>
        <cusip>64972GSR6</cusip>
        <identifiers>
          <isin value="US64972GSR64"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161758.16000000</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>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>State of Texas</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>TEXAS-B-REF</title>
        <cusip>882723ZV4</cusip>
        <identifiers>
          <isin value="US882723ZV43"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50163.70000000</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>2036-10-01</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>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA ST MUNI FI</title>
        <cusip>13049UEY1</cusip>
        <identifiers>
          <isin value="US13049UEY10"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51052.58000000</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>2043-06-01</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>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NEW YORK ST URBAN DEV</title>
        <cusip>64985TAH4</cusip>
        <identifiers>
          <isin value="US64985TAH41"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244400.82000000</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>2038-03-15</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>University of California</name>
        <lei>N/A</lei>
        <title>CA UNIV RGTS -I-REF</title>
        <cusip>91412GYN9</cusip>
        <identifiers>
          <isin value="US91412GYN95"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>925624.01000000</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>2029-05-15</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>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CO INDL DEV-D</title>
        <cusip>61075TTB4</cusip>
        <identifiers>
          <isin value="US61075TTB43"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90394.95000000</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>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>IN FIN AUTH -A -REF</title>
        <cusip>45506EFB4</cusip>
        <identifiers>
          <isin value="US45506EFB48"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>222611.96000000</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>2033-02-01</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>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA-2ND</title>
        <cusip>70914PE99</cusip>
        <identifiers>
          <isin value="US70914PE999"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101586.49000000</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>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR-CAB</title>
        <cusip>542690PC0</cusip>
        <identifiers>
          <isin value="US542690PC05"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120060.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANS FIN AUTH</title>
        <cusip>64971XLK2</cusip>
        <identifiers>
          <isin value="US64971XLK27"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>164926.16000000</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>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-A</title>
        <cusip>65000BNV6</cusip>
        <identifiers>
          <isin value="US65000BNV61"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80376.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>65000BW53</cusip>
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          <isin value="US65000BW533"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51488.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-SER A-GROUP B</title>
        <cusip>64990AGF6</cusip>
        <identifiers>
          <isin value="US64990AGF66"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256200.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST -B -REV</title>
        <cusip>5946952B3</cusip>
        <identifiers>
          <isin value="US5946952B36"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92375.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-A-UNREF</title>
        <cusip>64990KBX0</cusip>
        <identifiers>
          <isin value="US64990KBX00"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15281.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK NY-A1-REF</title>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <isin value="US89602RCL78"/>
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        <curCd>USD</curCd>
        <valUSD>116191.40000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US882854Z213"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US88285ABB35"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia</name>
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          <isin value="US25476FXJ29"/>
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        <curCd>USD</curCd>
        <valUSD>47699.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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          <isin value="US153476GW08"/>
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        <curCd>USD</curCd>
        <valUSD>100669.20000000</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>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WZC36"/>
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        <valUSD>78460.93000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>238184.24000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Minnesota</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2038-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <valUSD>53462.67000000</valUSD>
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          <maturityDt>2041-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
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          <isin value="US88285ADK16"/>
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          <maturityDt>2037-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Kentucky Public Transportation Infrastructure Authority</name>
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        <name>Empire State Development Corp</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>Arapahoe County School District No 5 Cherry Creek</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
        <title>MD DEPT OF TRANSPRTN</title>
        <cusip>574204Q30</cusip>
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          <isin value="US574204Q304"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43782.22000000</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>2031-10-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST-REF</title>
        <cusip>13063DM88</cusip>
        <identifiers>
          <isin value="US13063DM887"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132265.72000000</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>2032-10-01</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>
        <name>New Mexico Finance Authority</name>
        <lei>549300L6217Y7X40SP94</lei>
        <title>NEW MEXICO FIN AUTH-A</title>
        <cusip>64711RMD5</cusip>
        <identifiers>
          <isin value="US64711RMD51"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157599.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</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>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-A</title>
        <cusip>65000BX29</cusip>
        <identifiers>
          <isin value="US65000BX291"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110681.15000000</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>2031-10-01</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>
        <name>Ohio Water Development Authority</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>OHIO ST WTR DEV-A</title>
        <cusip>67765QMW3</cusip>
        <identifiers>
          <isin value="US67765QMW32"/>
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        <balance>385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>433285.12000000</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>2033-12-01</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>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX HWY CABS-REF-1ST</title>
        <cusip>66285WCB0</cusip>
        <identifiers>
          <isin value="US66285WCB00"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9735.09000000</valUSD>
        <pctVal>0.001838724890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLL AUTH-A-REF</title>
        <cusip>66285WWC6</cusip>
        <identifiers>
          <isin value="US66285WWC62"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32559.39000000</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>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>MET TRANS AUTH-C1-REF</title>
        <cusip>59261AQG5</cusip>
        <identifiers>
          <isin value="US59261AQG57"/>
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        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>225756.72000000</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>2034-11-15</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>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>NORTH TEXAS TOLLWAY -</title>
        <cusip>66285WYY6</cusip>
        <identifiers>
          <isin value="US66285WYY64"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109107.57000000</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>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>CHICAGO O'HARE ARPT-A</title>
        <cusip>167593N81</cusip>
        <identifiers>
          <isin value="US167593N813"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169996.40000000</valUSD>
        <pctVal>0.032108240606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</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>
        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE CO WTR&amp;SWR</title>
        <cusip>59334DLT9</cusip>
        <identifiers>
          <isin value="US59334DLT99"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88363.08000000</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>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MA ST-A</title>
        <cusip>57582R2R6</cusip>
        <identifiers>
          <isin value="US57582R2R68"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89263.54000000</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>2034-05-01</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>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>MARYLAND ST-D-REF</title>
        <cusip>574193VC9</cusip>
        <identifiers>
          <isin value="US574193VC93"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181171.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>Permanent University Fund - University of Texas System</name>
        <lei>549300GZUEUTLKVGLF98</lei>
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        <cusip>915130AD0</cusip>
        <identifiers>
          <isin value="US915130AD07"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131159.56000000</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>2041-07-01</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>
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      <invstOrSec>
        <name>Las Vegas Valley Water District</name>
        <lei>N/A</lei>
        <title>LAS VEGAS VLY WTR -A</title>
        <cusip>517845SL8</cusip>
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          <isin value="US517845SL80"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112156.66000000</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>5.00000000</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>District of Columbia Income Tax Revenue</name>
        <lei>N/A</lei>
        <title>DT OF COLUMBIA-A-REV</title>
        <cusip>25477GUU7</cusip>
        <identifiers>
          <isin value="US25477GUU74"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26194.53000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>GEORGIA ST-C-REF</title>
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          <isin value="US373385NU39"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66775.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</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>University of California</name>
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        <name>State of California</name>
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        <name>Spokane County School District No 81 Spokane</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Metropolitan Transportation Authority</name>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>State of California</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>University of Colorado</name>
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      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois State Toll Highway Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Transportation Commission</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-15</maturityDt>
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        <name>Michigan Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>School District of Broward County/FL</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>City &amp; County of Honolulu HI</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Twin Rivers Unified School District</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Permanent University Fund - University of Texas System</name>
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          <isin value="US915130BK31"/>
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        <balance>90000.00000000</balance>
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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>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST-A-REV</title>
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          <isin value="US207758XG34"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115421.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>IL ST TOLL HWY -A-REF</title>
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          <isin value="US452252QR33"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158593.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
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          <isin value="US49151F4V94"/>
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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>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
        <title>SAN DIEGO USD-R2-CONV</title>
        <cusip>797355Q49</cusip>
        <identifiers>
          <isin value="US797355Q495"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152241.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Variable</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>San Diego County Regional Transportation Commission</name>
        <lei>W4FR340A6EQ2SSI17B56</lei>
        <title>SAN DIEGO CNTY CA REG</title>
        <cusip>797400PR3</cusip>
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          <isin value="US797400PR33"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56355.71000000</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>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <balance>325000.00000000</balance>
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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>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>NORTH CAROLINA ST-B</title>
        <cusip>65829QEF7</cusip>
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          <isin value="US65829QEF72"/>
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        <balance>65000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Nassau County Interim Finance Authority</name>
        <lei>549300DP7LB76W78BR41</lei>
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        <cusip>631663QY0</cusip>
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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>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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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>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Ohio Water Development Authority</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>OHIO WTR DEV AUTH-A</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Curators of the University of Missouri/The</name>
        <lei>G0G4PRB87K0V5MXIV248</lei>
        <title>CURATORS OF THE UNIV</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>State of North Carolina</name>
        <lei>N/A</lei>
        <title>NORTH CAROLINA ST</title>
        <cusip>658268EC7</cusip>
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          <isin value="US658268EC79"/>
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        <balance>25000.00000000</balance>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
        <title>TX WTR DEV BRD-A</title>
        <cusip>882854A77</cusip>
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          <isin value="US882854A778"/>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <title>NEW JERSEY ST TRANSPR</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>New York State Dormitory Authority</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York City Transitional Finance Authority</name>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <maturityDt>2038-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Georgia</name>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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        <name>State of Maryland</name>
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          <isin value="US574193UE68"/>
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        <valUSD>410914.33000000</valUSD>
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          <maturityDt>2035-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Palm Beach County School District</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76715.22000000</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>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hayward Unified School District</name>
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        <cusip>4212905R4</cusip>
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          <isin value="US4212905R42"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108060.53000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Massachusetts Development Finance Agency</name>
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          <isin value="US57585BFC72"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>School District of Philadelphia/The</name>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2037-05-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>Central Puget Sound Regional Transit Authority</name>
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        <name>State of Michigan Trunk Line Revenue</name>
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          <maturityDt>2043-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Fremont Union High School District</name>
        <lei>N/A</lei>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Clark NV</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>Energy Northwest</name>
        <lei>N/A</lei>
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          <isin value="US29270C5G67"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <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-A-REF</title>
        <cusip>167486M30</cusip>
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          <isin value="US167486M309"/>
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        <curCd>USD</curCd>
        <valUSD>103228.59000000</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>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>LOS ANGELES CO MTA-A</title>
        <cusip>54466HFC5</cusip>
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          <isin value="US54466HFC51"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55947.18000000</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>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Charleston Educational Excellence Finance Corp</name>
        <lei>N/A</lei>
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          <isin value="US160131EK06"/>
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        <valUSD>375556.42000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Multnomah OR</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Horry County School District/SC</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chicago O'Hare International Airport</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <name>State of California</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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      <invstOrSec>
        <name>Michigan State University</name>
        <lei>N/A</lei>
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          <isin value="US594712VD01"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Beverly Hills Unified School District CA</name>
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          <isin value="US088023MX13"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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          <isin value="US64972JJJ88"/>
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          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANS FIN AUTH</title>
        <cusip>64972HZ21</cusip>
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          <isin value="US64972HZ211"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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        <title>GREAT LAKES WTR-A</title>
        <cusip>39081HER9</cusip>
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          <isin value="US39081HER93"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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          <isin value="US39081JAH14"/>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>Denton Independent School District</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Oklahoma Municipal Power Authority</name>
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        <name>District of Columbia</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US54466HJZ01"/>
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        <curCd>USD</curCd>
        <valUSD>51517.51000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
        <lei>5493003476LG35QAKM08</lei>
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          <isin value="US64972JGH59"/>
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        <curCd>USD</curCd>
        <valUSD>54537.60000000</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>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WS723"/>
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        <curCd>USD</curCd>
        <valUSD>326986.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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        <cusip>207758J38</cusip>
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          <isin value="US207758J382"/>
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        <balance>525000.00000000</balance>
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        <valUSD>537007.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</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>Metropolitan Pier &amp; Exposition Authority</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>MET PIER CAB-A-AGM</title>
        <cusip>592248GM4</cusip>
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          <isin value="US592248GM48"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48025.81000000</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>2040-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
        <title>REGENTS OF UNIV CA-BZ</title>
        <cusip>91412HTV5</cusip>
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          <isin value="US91412HTV59"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451627.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
        <title>GEORGIA-F-REF</title>
        <cusip>3733846M3</cusip>
        <identifiers>
          <isin value="US3733846M37"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65377.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
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          <isin value="US23503CDX20"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166764.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</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>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <isin value="US93974EE933"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92815.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>MA BAY TRAN AUTH-PRER</title>
        <cusip>575579S73</cusip>
        <identifiers>
          <isin value="US575579S734"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEA Electric System Revenue</name>
        <lei>N/A</lei>
        <title>JEA-A-REV-REF</title>
        <cusip>46613SSN1</cusip>
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          <isin value="US46613SSN17"/>
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        <balance>10000.00000000</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>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
        <lei>N/A</lei>
        <title>DT OF COLUMBIA-C-REF</title>
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          <isin value="US25477GVP70"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington Convention &amp; Sports Authority</name>
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        <name>Austin Independent School District</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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          <maturityDt>2038-06-01</maturityDt>
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        <name>Texas Water Development Board</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2042-10-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Department of Transportation State Highway Fund Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Los Angeles County Public Works Financing Authority</name>
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        <name>State of California</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Foothill-De Anza Community College District</name>
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        <name>County of Guilford NC</name>
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          <maturityDt>2035-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Long Island Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <name>State of California</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Virginia Commonwealth Transportation Board</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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      <invstOrSec>
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        <name>Alabama Public School and College Authority</name>
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          <maturityDt>2035-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
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        <name>Palm Beach County School District</name>
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        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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        <name>Multnomah County School District No 40</name>
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        <name>East County Advanced Water Purification Joint Powers Authority</name>
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        <name>State of Louisiana</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Gwinnett County School District</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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        <name>Bay Area Toll Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Oklahoma Industries Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Louisville and Jefferson County Metropolitan Sewer District</name>
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        <name>New York State Environmental Facilities Corp</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <name>University of California</name>
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        <name>Energy Northwest</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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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>2043-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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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>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
        <lei>N/A</lei>
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          <isin value="US717893N499"/>
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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>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New Haven CT</name>
        <lei>549300U4OHEAZ124LQ06</lei>
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          <isin value="US645021DQ61"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174356.05000000</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>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Dallas TX</name>
        <lei>N/A</lei>
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        <balance>90000.00000000</balance>
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        <valUSD>80650.97000000</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>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
        <lei>N/A</lei>
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          <isin value="US68607DUN38"/>
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        <balance>400000.00000000</balance>
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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>
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          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Permanent University Fund - University of Texas System</name>
        <lei>549300GZUEUTLKVGLF98</lei>
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          <isin value="US915130BE70"/>
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        <balance>245000.00000000</balance>
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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>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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        <cusip>574193VB1</cusip>
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          <isin value="US574193VB11"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST-R-2025C</title>
        <cusip>93974E5X0</cusip>
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          <isin value="US93974E5X03"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204543.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <cusip>64966SAR7</cusip>
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        <balance>25000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-02-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>State of Colorado</name>
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          <maturityDt>2031-12-15</maturityDt>
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        <name>City of Columbus OH</name>
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        <name>State of Washington</name>
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          <maturityDt>2044-08-01</maturityDt>
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        <name>Commonwealth of Pennsylvania</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2036-09-15</maturityDt>
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        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US709223XV86"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRWY AUTH</title>
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          <isin value="US650028YU14"/>
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          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
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        <cusip>59261ATB3</cusip>
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          <isin value="US59261ATB34"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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        <cusip>91412HSH7</cusip>
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          <isin value="US91412HSH74"/>
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        <curCd>USD</curCd>
        <valUSD>165702.09000000</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>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NJ TRANSPRTN TRUST-A</title>
        <cusip>64613CCU0</cusip>
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          <isin value="US64613CCU09"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195117.62000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13062TH729"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340998.24000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <valUSD>56463.65000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <title>CONNECTICUT ST</title>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Intermountain Power Agency</name>
        <lei>N/A</lei>
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        <cusip>45884AG23</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <maturityDt>2031-03-15</maturityDt>
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        <name>Ohio State University/The</name>
        <lei>JFC10ZULKO4X2E3HBY86</lei>
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        <name>North Texas Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empire State Development Corp</name>
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        <name>New York State Dormitory Authority</name>
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        <invCountry>US</invCountry>

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        <name>Delaware River Port Authority</name>
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        <balance>210000.00000000</balance>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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        <cusip>91412HSM6</cusip>
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          <isin value="US91412HSM69"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
        <lei>N/A</lei>
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          <isin value="US67766WR954"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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          <isin value="US70914PXH09"/>
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        <valUSD>310082.55000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of Illinois</name>
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          <isin value="US452152H384"/>
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        <curCd>USD</curCd>
        <valUSD>15001.55000000</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>2030-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Oklahoma County Independent School District No 89 Oklahoma City</name>
        <lei>N/A</lei>
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          <isin value="US678841LN55"/>
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        <curCd>USD</curCd>
        <valUSD>489480.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
        <lei>N/A</lei>
        <title>DT OF COLUMBIA-C-REF</title>
        <cusip>25477GVT9</cusip>
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          <isin value="US25477GVT92"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91392.54000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST-A</title>
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          <isin value="US93974EG912"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27303.70000000</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>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <curCd>USD</curCd>
        <valUSD>331915.54000000</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>2040-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Georgia State Road &amp; Tollway Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>City of Phoenix Civic Improvement Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <name>Rickenbacker Port Authority</name>
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        <name>Virginia College Building Authority</name>
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          <isin value="US92778VHY74"/>
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        <name>New York City Transitional Finance Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-15</maturityDt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2038-08-01</maturityDt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <maturityDt>2038-11-15</maturityDt>
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        <name>State of California</name>
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          <maturityDt>2035-09-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Town of Mount Pleasent SC Water &amp; Sewer Revenue</name>
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          <isin value="US622634FU20"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990FK524"/>
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          <maturityDt>2035-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Turnpike Authority</name>
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          <isin value="US646140CP67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <maturityDt>2043-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Sales Tax Securitization Corp</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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          <maturityDt>2036-12-15</maturityDt>
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        <name>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XB641"/>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2037-02-01</maturityDt>
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      <invstOrSec>
        <name>State of Wisconsin</name>
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          <isin value="US977100GP52"/>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US79625GAE35"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FYK47"/>
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          <maturityDt>2042-03-15</maturityDt>
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      <invstOrSec>
        <name>Denver City &amp; County School District No 1</name>
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          <isin value="US249174YY39"/>
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          <maturityDt>2038-12-01</maturityDt>
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      <invstOrSec>
        <name>City of New York NY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
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        <title>HOUSTON-UTL SYS-B-REF</title>
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          <isin value="US44244CGU53"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Oklahoma County Independent School District No 89 Oklahoma City</name>
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        <name>Leander Independent School District</name>
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        <name>Empire State Development Corp</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>State of California</name>
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      <invstOrSec>
        <name>State of California</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Oregon Department of Transportation</name>
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          <isin value="US68607DWY74"/>
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      <invstOrSec>
        <name>Miami-Dade County Educational Facilities Authority</name>
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          <maturityDt>2044-04-01</maturityDt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063DN539"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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          <isin value="US64985TCH23"/>
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        <balance>230000.00000000</balance>
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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>2036-03-15</maturityDt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
        <title>CNTRL FL EXPWY-A-REF</title>
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          <isin value="US153476AU06"/>
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        <valUSD>147444.80000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
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          <isin value="US452252NQ86"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65417.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2039-07-15</maturityDt>
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        <name>Energy Northwest</name>
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        <name>New York State Dormitory Authority</name>
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        <name>California State Public Works Board</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</name>
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        <name>State of Illinois</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>State of Minnesota</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Arlington TX Special Tax Revenue</name>
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          <isin value="US04184RBS85"/>
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        <valUSD>189256.21000000</valUSD>
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          <maturityDt>2044-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758UH44"/>
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        <curCd>USD</curCd>
        <valUSD>100094.40000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

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          <maturityDt>2034-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XUA44"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <isin value="US89602HHJ95"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109571.18000000</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>2031-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <valUSD>107231.82000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <valUSD>210246.63000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Environmental Facilities Corp</name>
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          <maturityDt>2033-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2034-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Georgia</name>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
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        <name>South Carolina Public Service Authority</name>
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        <name>Northern California Sanitation Agencies Financing Authority</name>
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        <invCountry>US</invCountry>

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        <name>North Carolina Turnpike Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Virginia College Building Authority</name>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Georgia</name>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Mateo County Community College District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>State of Kansas Department of Transportation</name>
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        <name>New York City Transitional Finance Authority</name>
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        <name>Kentucky Municipal Power Agency</name>
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        <name>Charleston Educational Excellence Finance Corp</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT AUTH OF NEW YORK</title>
        <cusip>73358WZG2</cusip>
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          <isin value="US73358WZG22"/>
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        <curCd>USD</curCd>
        <valUSD>362177.64000000</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>2035-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANSITIONAL FIN</title>
        <cusip>64971XN61</cusip>
        <identifiers>
          <isin value="US64971XN612"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81753.65000000</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>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Liberty Development Corp</name>
        <lei>N/A</lei>
        <title>NY LIBERTY DEV CORP</title>
        <cusip>649519EK7</cusip>
        <identifiers>
          <isin value="US649519EK75"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99837.91000000</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>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>IL ST TOLL HWY AUTH</title>
        <cusip>452252PG8</cusip>
        <identifiers>
          <isin value="US452252PG86"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75588.81000000</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>2030-01-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of Florida</name>
        <lei>5493004G5XFOOUT0LQ57</lei>
        <title>FLORIDA ST BOE-C-REF</title>
        <cusip>34153QWP7</cusip>
        <identifiers>
          <isin value="US34153QWP70"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52029.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANS FIN-E-1</title>
        <cusip>64971XXT0</cusip>
        <identifiers>
          <isin value="US64971XXT08"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57358.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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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</title>
        <cusip>57584Y3Q0</cusip>
        <identifiers>
          <isin value="US57584Y3Q03"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242436.67000000</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>2038-10-01</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>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>DIST OF COLUMBIA-B</title>
        <cusip>25476FF60</cusip>
        <identifiers>
          <isin value="US25476FF605"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217502.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</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>State of New Jersey</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST-A</title>
        <cusip>646039YQ4</cusip>
        <identifiers>
          <isin value="US646039YQ49"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>468736.65000000</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>2031-06-01</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>
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      <invstOrSec>
        <name>East Bay Municipal Utility District Water System Revenue</name>
        <lei>N/A</lei>
        <title>EAST BAY CA MUNI UTIL</title>
        <cusip>271014ZE5</cusip>
        <identifiers>
          <isin value="US271014ZE55"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85052.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX HWY CABS-REF-1ST</title>
        <cusip>66285WBW5</cusip>
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          <isin value="US66285WBW55"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242196.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Plano Independent School District</name>
        <lei>N/A</lei>
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        <cusip>727199E56</cusip>
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          <isin value="US727199E563"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160798.33000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Miami-Dade FL Transit System</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE CNTY-REF</title>
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          <isin value="US59334PGK75"/>
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        <balance>110000.00000000</balance>
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        <valUSD>103221.69000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Illinois State Toll Highway Authority</name>
        <lei>549300ISBFGI8MJJKM98</lei>
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          <isin value="US452252LE74"/>
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        <balance>350000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST-R-C-REF</title>
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        <balance>65000.00000000</balance>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT AUTH OF NEW YORK</title>
        <cusip>73358WWX8</cusip>
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        <balance>320000.00000000</balance>
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        <valUSD>320026.02000000</valUSD>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <name>New York City Municipal Water Finance Authority</name>
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          <isin value="US64972GG734"/>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority</name>
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          <isin value="US64972JPD45"/>
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          <maturityDt>2036-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cypress-Fairbanks Independent School District</name>
        <lei>N/A</lei>
        <title>CYPRESS ETC ISD-REF</title>
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          <isin value="US232769CF43"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152270.54000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Chicago IL</name>
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          <isin value="US167486S751"/>
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        <curCd>USD</curCd>
        <valUSD>100203.24000000</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>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Intermountain Power Agency</name>
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          <isin value="US45884AF573"/>
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        <curCd>USD</curCd>
        <valUSD>88823.40000000</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>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <cusip>79574CAS2</cusip>
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          <isin value="US79574CAS26"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200251.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66243.14000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
        <lei>N/A</lei>
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          <isin value="US438687GJ88"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143753.05000000</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>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <balance>5000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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        <name>San Diego Unified School District/CA</name>
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        <name>Wisconsin Department of Transportation</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Empire State Development Corp</name>
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        <name>Regional Transportation District</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-15</maturityDt>
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        <name>Indiana Finance Authority</name>
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        <name>Virginia College Building Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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      <invstOrSec>
        <name>Douglas County School District No Re-1 Douglas &amp; Elbert Counties</name>
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          <isin value="US258885N656"/>
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          <maturityDt>2028-12-15</maturityDt>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
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          <isin value="US544647DN71"/>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650010CJ80"/>
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          <maturityDt>2045-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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          <isin value="US1675936L18"/>
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        <valUSD>377172.43000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Water Development Authority</name>
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          <isin value="US67765QPM23"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
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        <cusip>419792WD4</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of North Carolina</name>
        <lei>N/A</lei>
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          <isin value="US658268ED52"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2032-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Frisco Independent School District</name>
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        <name>District of Columbia Income Tax Revenue</name>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Franklin Public School District</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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          <isin value="US57585BGT98"/>
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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>2055-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ventura County Community College District</name>
        <lei>N/A</lei>
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          <isin value="US923040GM52"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914PV589"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-15</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>State of Colorado</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Grand River Dam Authority</name>
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        <curCd>USD</curCd>
        <valUSD>127509.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
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          <isin value="US2350365J52"/>
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        <valUSD>59056.98000000</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>2033-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Midland Independent School District</name>
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          <maturityDt>2042-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2034-06-15</maturityDt>
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        <name>State of California</name>
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          <maturityDt>2035-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Dallas Fort Worth International Airport</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Oklahoma Turnpike Authority</name>
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        <name>Mount San Antonio Community College District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
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        <name>State of Maryland</name>
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          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Massachusetts</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Los Angeles Unified School District/CA</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Jefferson Sales Tax District</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Adams &amp; Arapahoe Joint School District 28J Aurora</name>
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          <isin value="US0054823B80"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Turnpike Authority</name>
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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>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Long Island Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-01</maturityDt>
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        <name>Central Florida Expressway Authority</name>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Water Development Board</name>
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        <name>Port of Seattle WA</name>
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        <name>University of California</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>School Board of Miami-Dade County/The</name>
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        <name>Canadian County Educational Facilities Authority</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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      <invstOrSec>
        <name>City of New York NY</name>
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          <isin value="US64966QPT12"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <title>NYC TRANSITIONAL FIN</title>
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          <isin value="US64971XZA98"/>
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        <curCd>USD</curCd>
        <valUSD>78672.81000000</valUSD>
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          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Texas</name>
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          <isin value="US882723ZL60"/>
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        <invCountry>US</invCountry>

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        <name>Metropolitan Nashville Airport Authority/The</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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      <invstOrSec>
        <name>Alabama Public School and College Authority</name>
        <lei>N/A</lei>
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          <isin value="US010609FD20"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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          <isin value="US59334DKM55"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Conroe Independent School District</name>
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          <isin value="US2084183R24"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2038-02-15</maturityDt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XDS45"/>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Columbia SC Waterworks &amp; Sewer System Revenue</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>South Carolina Transportation Infrastructure Bank</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>Ohio Water Development Authority</name>
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          <maturityDt>2029-06-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Intermountain Power Agency</name>
        <lei>N/A</lei>
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        <cusip>45884AB51</cusip>
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          <isin value="US45884AB515"/>
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        <curCd>USD</curCd>
        <valUSD>442358.40000000</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>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Arlington Independent School District/TX</name>
        <lei>N/A</lei>
        <title>ARLINGTON ISD-REF</title>
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          <isin value="US041827AC01"/>
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        <curCd>USD</curCd>
        <valUSD>177607.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</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>
      <invstOrSec>
        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>ENERGY NW ELEC REV-A</title>
        <cusip>29270C2S3</cusip>
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          <isin value="US29270C2S33"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15741.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York State Environmental Facilities Corp</name>
        <lei>549300QJ33JJW73OQO60</lei>
        <title>NY ST ENVRNMNTL FACS</title>
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          <isin value="US64986DLK99"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147937.02000000</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>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST-C</title>
        <cusip>57582RNM4</cusip>
        <identifiers>
          <isin value="US57582RNM42"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61718.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</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>Texas Department of Transportation State Highway Fund</name>
        <lei>N/A</lei>
        <title>TX TRANSPRTN COMM-REF</title>
        <cusip>88283LLD6</cusip>
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          <isin value="US88283LLD63"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308922.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</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>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK NY</title>
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          <isin value="US64966QVM94"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53177.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS-E</title>
        <cusip>57582RFU5</cusip>
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          <isin value="US57582RFU59"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61289.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST TRUNK LIN</title>
        <cusip>5946952R8</cusip>
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          <isin value="US5946952R87"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>282705.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NYC MUNI WTR FIN-BB-2</title>
        <cusip>64972GG81</cusip>
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          <isin value="US64972GG817"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66914.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MA ST-A</title>
        <cusip>57582R2G0</cusip>
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          <isin value="US57582R2G04"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50000.00000000</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>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <cusip>64613CGF9</cusip>
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          <isin value="US64613CGF95"/>
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        <balance>100000.00000000</balance>
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        <valUSD>103157.56000000</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>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063DWS3</cusip>
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          <isin value="US13063DWS34"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>405312.80000000</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>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Public Building Authority</name>
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          <isin value="US9281728A61"/>
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        <balance>225000.00000000</balance>
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        <valUSD>228861.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2034-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
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        <cusip>64972GP81</cusip>
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          <isin value="US64972GP818"/>
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        <assetCat>DBT</assetCat>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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        <balance>215000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
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          <isin value="US46247SDR22"/>
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        <balance>10000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA-1ST-REF</title>
        <cusip>70914PK35</cusip>
        <identifiers>
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        <name>Michigan State University</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>County of Miami-Dade FL Transit System</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>District of Columbia Income Tax Revenue</name>
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        <name>Westfield-Washington Multi-School Building Corp</name>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Municipal Improvement Corp of Los Angeles</name>
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        <valUSD>15007.47000000</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>2033-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Baton Rouge Sewerage Commission</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WYZ30"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206342.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANSITIONAL FIN</title>
        <cusip>64971XYY8</cusip>
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          <isin value="US64971XYY83"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156455.95000000</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>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Wisconsin</name>
        <lei>549300VTAT608CNZ5827</lei>
        <title>WISCONSIN ST-2-REF</title>
        <cusip>97705MM85</cusip>
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          <isin value="US97705MM859"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55537.41000000</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>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <cusip>882854Y71</cusip>
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          <isin value="US882854Y711"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212255.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK-E-SUBSER-E-1</title>
        <cusip>64966QZ45</cusip>
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          <isin value="US64966QZ453"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80180.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST-D</title>
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          <isin value="US57582RNY89"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97305.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Mateo Joint Powers Financing Authority</name>
        <lei>N/A</lei>
        <title>SAN MATEO JT PWRS-A</title>
        <cusip>79904NGP9</cusip>
        <identifiers>
          <isin value="US79904NGP96"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>290440.11000000</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>2043-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST-REF</title>
        <cusip>13063DE20</cusip>
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          <isin value="US13063DE207"/>
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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063DA81</cusip>
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          <isin value="US13063DA817"/>
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          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2043-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Lower Colorado River Authority</name>
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        <invCountry>US</invCountry>

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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-15</maturityDt>
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        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <balance>150000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2026-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>State of Georgia</name>
        <lei>N/A</lei>
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          <isin value="US373385KR37"/>
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        <curCd>USD</curCd>
        <valUSD>14807.76000000</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>2042-07-01</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>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US4521525N73"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9820.43000000</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>2033-11-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>CT ST HLTH &amp; EDU-U-RE</title>
        <cusip>20775DZJ4</cusip>
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          <isin value="US20775DZJ44"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106773.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Minnesota</name>
        <lei>N/A</lei>
        <title>MINNESOTA ST-COPS-REV</title>
        <cusip>604140XU2</cusip>
        <identifiers>
          <isin value="US604140XU23"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32317.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</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>Arizona Water Infrastructure Finance Authority</name>
        <lei>N/A</lei>
        <title>ARIZONA ST WTR INFRAS</title>
        <cusip>040688PC1</cusip>
        <identifiers>
          <isin value="US040688PC12"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>514533.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</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>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NJ TRANSPRTN TRUST-AA</title>
        <cusip>64613CEX2</cusip>
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          <isin value="US64613CEX20"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187774.49000000</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>2042-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
        <lei>N/A</lei>
        <title>LEWISVILLE ISD</title>
        <cusip>52882PGA0</cusip>
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          <isin value="US52882PGA03"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32126.09000000</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>2039-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TURNPIKE COMM -B</title>
        <cusip>709224KW8</cusip>
        <identifiers>
          <isin value="US709224KW89"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120260.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>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>State of Colorado</name>
        <lei>N/A</lei>
        <title>COLORADO ST COPS</title>
        <cusip>196711SH9</cusip>
        <identifiers>
          <isin value="US196711SH98"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39107.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</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>New Jersey Turnpike Authority</name>
        <lei>5493005YN67D71KSMI84</lei>
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        <cusip>646140DJ9</cusip>
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          <isin value="US646140DJ98"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248070.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
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          <isin value="US20772KVC07"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106634.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLL AUTH-A-REF</title>
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          <isin value="US66285WVS24"/>
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        <valUSD>292406.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Louisville &amp; Jefferson County Visitors and Convention Commission</name>
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          <isin value="US546604FU84"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77746.21000000</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>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST -A-REV</title>
        <cusip>207758ZS5</cusip>
        <identifiers>
          <isin value="US207758ZS53"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92260.01000000</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>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
        <title>CA UNIV REVENUE-A-REF</title>
        <cusip>13077DAM4</cusip>
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          <isin value="US13077DAM48"/>
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        <balance>20000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
        <lei>N/A</lei>
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        <cusip>15504RFY0</cusip>
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          <isin value="US15504RFY09"/>
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        <balance>135000.00000000</balance>
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        <invCountry>US</invCountry>

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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Energy Northwest</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2028-07-01</maturityDt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
        <title>UNIV OF CALIFORNIA-AY</title>
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        <balance>385000.00000000</balance>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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        <name>State of Illinois</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>State of Illinois</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Arizona Industrial Development Authority</name>
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          <maturityDt>2027-11-01</maturityDt>
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        <name>City of New York NY</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>Alabama Public School and College Authority</name>
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        <name>City of New York NY</name>
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        <name>State of Wisconsin</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Battery Park City Authority</name>
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        <name>State of California</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Harris TX Toll Road Revenue</name>
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        <name>Garland Independent School District</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Texas Water Development Board</name>
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        <name>Oklahoma Turnpike Authority</name>
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        <name>Massachusetts Bay Transportation Authority Assessment Revenue</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Hurst-Euless-Bedford Independent School District</name>
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          <maturityDt>2028-01-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US65000BW616"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063CYM62"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <maturityDt>2032-11-01</maturityDt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>North Texas Tollway Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois Municipal Electric Agency</name>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758T373"/>
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          <maturityDt>2026-07-01</maturityDt>
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        <name>State of Georgia</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Illinois State Toll Highway Authority</name>
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      <invstOrSec>
        <name>County of Hamilton OH Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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          <isin value="US13068XHN21"/>
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      <invstOrSec>
        <name>State of Kansas Department of Transportation</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Energy Northwest</name>
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          <isin value="US29270C5N19"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

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          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Regional Transportation Authority</name>
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          <isin value="US759911ZU79"/>
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        <curCd>USD</curCd>
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          <maturityDt>2029-06-01</maturityDt>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
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          <isin value="US46247SDQ49"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Delaware</name>
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          <isin value="US246381RP42"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Denton Independent School District</name>
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        <name>Permanent University Fund - University of Texas System</name>
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        <name>State of Washington</name>
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        <name>Empire State Development Corp</name>
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        <name>Utah Telecommunication Open Infrastructure Agency</name>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <name>California State Public Works Board</name>
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        <name>City of New York NY</name>
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        <name>Palo Alto Unified School District</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>State of New Mexico Severance Tax Permanent Fund</name>
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        <name>County of Harris TX</name>
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          <maturityDt>2025-08-15</maturityDt>
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        <name>Mount San Antonio Community College District</name>
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        <name>Hudson Yards Infrastructure Corp</name>
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        <name>State of Hawaii</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>State of Michigan Trunk Line Revenue</name>
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        <name>District of Columbia</name>
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      <invstOrSec>
        <name>City of Los Angeles CA Wastewater System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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      <invstOrSec>
        <name>District of Columbia Income Tax Revenue</name>
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        <name>State of California</name>
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          <isin value="US13063CY207"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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          <isin value="US650036BT22"/>
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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>2032-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Central Texas Turnpike System</name>
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          <isin value="US88283KCC09"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>California State Public Works Board</name>
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        <name>Leander Independent School District</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <name>Alameda Corridor Transportation Authority</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>Multnomah County School District No 1 Portland/OR</name>
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          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
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          <isin value="US574193UR71"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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        <cusip>64971WVS6</cusip>
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          <isin value="US64971WVS69"/>
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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>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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          <isin value="US882854Z544"/>
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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>2039-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Idaho State Building Authority</name>
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          <isin value="US451446AT53"/>
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        <curCd>USD</curCd>
        <valUSD>278679.43000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANSITIONAL-E-1</title>
        <cusip>64971X4V7</cusip>
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          <isin value="US64971X4V72"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83103.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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        <cusip>646136ES6</cusip>
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          <isin value="US646136ES68"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101706.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>District of Columbia</name>
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          <isin value="US25476FZY77"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>159688.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Green Bay Area Public School District</name>
        <lei>N/A</lei>
        <title>GREEN BAY AREA PUB SD</title>
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          <isin value="US392643WC20"/>
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        <curCd>USD</curCd>
        <valUSD>191744.75000000</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>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WVR41"/>
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        <curCd>USD</curCd>
        <valUSD>35303.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Energy Northwest</name>
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        <title>ENERGY NW-A-REF</title>
        <cusip>29270CG58</cusip>
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          <isin value="US29270CG587"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of New Mexico Severance Tax Permanent Fund</name>
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          <isin value="US6473103V18"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110033.71000000</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>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Pennsylvania Turnpike Commission</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US92778VGL62"/>
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        <balance>55000.00000000</balance>
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          <maturityDt>2033-02-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Intermountain Power Agency</name>
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        <name>State of California</name>
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        <name>California State University</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Pennsylvania Turnpike Commission</name>
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          <isin value="US155048DX61"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US79739GFQ47"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State of California</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US20772KLR85"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2027-01-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Alabama Public School and College Authority</name>
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          <isin value="US010609FU45"/>
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          <maturityDt>2040-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990FZQ08"/>
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        <balance>215000.00000000</balance>
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          <maturityDt>2035-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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          <isin value="US6500357X01"/>
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          <maturityDt>2038-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Midland Independent School District</name>
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        <valUSD>33476.26000000</valUSD>
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          <maturityDt>2041-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
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          <isin value="US928104MA35"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2036-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY -A -REV -REF</title>
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        <name>New York State Dormitory Authority</name>
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        <name>New York State Environmental Facilities Corp</name>
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        <name>State of Colorado</name>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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          <isin value="US91802RBU23"/>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>New York State Thruway Authority</name>
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        <name>Commonwealth of Massachusetts</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Whatcom County School District No 501 Bellingham/WA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of El Paso TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp</name>
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          <isin value="US79467BCS25"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Public School Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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        <name>State of Colorado</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-15</maturityDt>
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        <name>State of Illinois</name>
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        <name>State of North Carolina</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York Liberty Development Corp</name>
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        <name>Commonwealth of Pennsylvania</name>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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      <invstOrSec>
        <name>Foothill-Eastern Transportation Corridor Agency</name>
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          <isin value="US345105HL76"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-15</maturityDt>
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          <annualizedRt>6.85000000</annualizedRt>
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        <name>Lewisville Independent School District</name>
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          <isin value="US52882PFX15"/>
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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>
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          <maturityDt>2036-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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        <title>MA BAY TRANSPRTN AUTH</title>
        <cusip>575579ZG5</cusip>
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          <isin value="US575579ZG54"/>
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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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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          <isin value="US67766WXR86"/>
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        <valUSD>263305.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FPG36"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80661.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Airport System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US442349HE92"/>
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        <balance>250000.00000000</balance>
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        <valUSD>277684.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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        <name>City of El Paso TX Water &amp; Sewer Revenue</name>
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          <isin value="US283822XD14"/>
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        <curCd>USD</curCd>
        <valUSD>46470.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Colorado</name>
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        <cusip>196711SF3</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <title>NYC TRANS FIN AUTH</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Turlock Irrigation District</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>North Texas Tollway Authority</name>
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          <isin value="US66285WSG23"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
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          <isin value="US64971X7V46"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Tallahassee FL Utility System Revenue</name>
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          <isin value="US874461MH64"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
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          <isin value="US20772JU348"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30008.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-15</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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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <cusip>89602HGK7</cusip>
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          <isin value="US89602HGK77"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100381.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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          <isin value="US544525R752"/>
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        <curCd>USD</curCd>
        <valUSD>26780.58000000</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>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>University of Washington</name>
        <lei>T8YS5W0N70BYCTHPA429</lei>
        <title>UNIV OF WASHINGTON-C</title>
        <cusip>91523NLH7</cusip>
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          <isin value="US91523NLH79"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79110.93000000</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>3.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Colorado</name>
        <lei>N/A</lei>
        <title>COLORADO ST COPS</title>
        <cusip>196711SB2</cusip>
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          <isin value="US196711SB29"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167918.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</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>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WASHINGTON ST-2020A</title>
        <cusip>93974EAS5</cusip>
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          <isin value="US93974EAS54"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218299.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</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>Omaha Public Power District</name>
        <lei>54930000VJEJ9CGIYG32</lei>
        <title>OMAHA NE PUB PWR DT</title>
        <cusip>682001GQ9</cusip>
        <identifiers>
          <isin value="US682001GQ99"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127687.42000000</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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky State Property &amp; Building Commission</name>
        <lei>N/A</lei>
        <title>KY ST PROPERTY-A</title>
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          <isin value="US49151F4K30"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103872.62000000</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>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLL AUTH-A-REF</title>
        <cusip>66285WWJ1</cusip>
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          <isin value="US66285WWJ16"/>
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        <balance>45000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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          <isin value="US93878YBM03"/>
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        <balance>150000.00000000</balance>
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        <invCountry>US</invCountry>

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          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North East Independent School District/TX</name>
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        <valUSD>15574.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
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          <isin value="US6500358A98"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2041-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Houston</name>
        <lei>N/A</lei>
        <title>UNIV HOUSTON BRD RGTS</title>
        <cusip>914302KL7</cusip>
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          <isin value="US914302KL75"/>
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        <balance>110000.00000000</balance>
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        <invCountry>US</invCountry>

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          <maturityDt>2042-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Clark Department of Aviation</name>
        <lei>549300LDD8NZB2EOVG83</lei>
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        <valUSD>278376.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452153DL00"/>
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        <curCd>USD</curCd>
        <valUSD>122306.09000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</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>Utah Transit Authority</name>
        <lei>N/A</lei>
        <title>UTAH TRANSIT AUTH-REF</title>
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          <isin value="US917567AT64"/>
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        <curCd>USD</curCd>
        <valUSD>55098.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063D5P9</cusip>
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          <isin value="US13063D5P95"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110656.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</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>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <cusip>646136WJ6</cusip>
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          <isin value="US646136WJ67"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25827.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>State of Maryland Department of Transportation</name>
        <lei>N/A</lei>
        <title>MD DEPT TRANSPRTN-A</title>
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          <isin value="US574204S466"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380287.19000000</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>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY -A-REF</title>
        <cusip>64990FZL1</cusip>
        <identifiers>
          <isin value="US64990FZL11"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70868.22000000</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>2032-03-15</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 York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-A</title>
        <cusip>65000B7D4</cusip>
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          <isin value="US65000B7D41"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56891.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>State of Maryland</name>
        <lei>N/A</lei>
        <title>MARYLAND ST -A</title>
        <cusip>574193VL9</cusip>
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          <isin value="US574193VL92"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220853.26000000</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>2034-06-01</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>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063CX96</cusip>
        <identifiers>
          <isin value="US13063CX969"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9884.16000000</valUSD>
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        <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>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>N TX TOLL AUTH-A-REF</title>
        <cusip>66285WWB8</cusip>
        <identifiers>
          <isin value="US66285WWB89"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35651.55000000</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>2039-01-01</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>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>CA INFRA &amp; ECON DEV-A</title>
        <cusip>13034A5B2</cusip>
        <identifiers>
          <isin value="US13034A5B23"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9948.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>Gwinnett County School District</name>
        <lei>N/A</lei>
        <title>GWINNETT CO SD -B</title>
        <cusip>403755Y47</cusip>
        <identifiers>
          <isin value="US403755Y470"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185184.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Independent School District</name>
        <lei>N/A</lei>
        <title>DALLAS ISD-B-REF</title>
        <cusip>235308R47</cusip>
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          <isin value="US235308R476"/>
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        <balance>150000.00000000</balance>
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        <valUSD>160318.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>MET TRAN AUTH-C1-REF</title>
        <cusip>59259Y5W5</cusip>
        <identifiers>
          <isin value="US59259Y5W59"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155384.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063CSP6</cusip>
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          <isin value="US13063CSP67"/>
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        <balance>215000.00000000</balance>
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        <valUSD>211053.74000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81077.90000000</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>2036-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST-REF</title>
        <cusip>13063DLE6</cusip>
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        <name>Indiana Finance Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Antonio Public Facilities Corp</name>
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        <name>Los Angeles Unified School District/CA</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Norwalk-La Mirada Unified School District</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>New York City Municipal Water Finance Authority</name>
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          <isin value="US64972GFK58"/>
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      <invstOrSec>
        <name>County of Fulton GA Water &amp; Sewerage Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US64613CDG06"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Maryland</name>
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          <isin value="US574193TE87"/>
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        <curCd>USD</curCd>
        <valUSD>136689.18000000</valUSD>
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        <invCountry>US</invCountry>

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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tampa Bay Water</name>
        <lei>N/A</lei>
        <title>TAMPA BAY WTR-A-RF/IM</title>
        <cusip>875128FC9</cusip>
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          <isin value="US875128FC94"/>
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        <curCd>USD</curCd>
        <valUSD>132154.63000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HRY17"/>
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        <curCd>USD</curCd>
        <valUSD>441246.43000000</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>2043-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Hudson Yards Infrastructure Corp</name>
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          <isin value="US44420RAZ38"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75139.64000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NJ TRANSPRTN TRUST-AA</title>
        <cusip>64613CEU8</cusip>
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          <isin value="US64613CEU80"/>
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        <balance>200000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
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          <isin value="US574193SD14"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <name>City of El Paso TX</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>State of New Mexico Severance Tax Permanent Fund</name>
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        <name>Texas Water Development Board</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>City of Baltimore MD</name>
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        <name>State of Michigan Trunk Line Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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          <isin value="US882854J456"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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          <maturityDt>2044-06-15</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Private Colleges &amp; Universities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of California</name>
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          <isin value="US91412HTC78"/>
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        <curCd>USD</curCd>
        <valUSD>71524.05000000</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>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp</name>
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          <isin value="US38611TBM80"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582R5M45"/>
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        <balance>190000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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          <isin value="US207758A456"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
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        <name>State of California</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California Department of Water Resources</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <balance>105000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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        <name>New York State Thruway Authority</name>
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        <name>Michigan State Building Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>American Municipal Power Inc</name>
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        <name>Metropolitan Atlanta Rapid Transit Authority</name>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HRV77"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
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          <maturityDt>2029-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego Public Facilities Financing Authority</name>
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          <isin value="US797299KD53"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Plano Independent School District</name>
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          <isin value="US727199D243"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Florida Municipal Power Agency</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Board of Regents of the University of Texas System</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-15</maturityDt>
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        <name>City of New York NY</name>
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        <name>County of King WA Sewer Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>State of Florida Lottery Revenue</name>
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      <invstOrSec>
        <name>Regional Transportation District Sales Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US759136UV49"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582RD296"/>
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        <valUSD>25539.61000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FJG00"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-03-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Dallas Independent School District</name>
        <lei>N/A</lei>
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          <isin value="US235308V262"/>
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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>
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          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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          <isin value="US13068XMB28"/>
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        <curCd>USD</curCd>
        <valUSD>226174.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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          <isin value="US67766WXP21"/>
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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>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
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        <cusip>57582RJM9</cusip>
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          <isin value="US57582RJM97"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
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          <isin value="US88283KBQ04"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36281.16000000</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>2042-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Harris TX</name>
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          <isin value="US414005WK08"/>
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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>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp</name>
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        <valUSD>305747.56000000</valUSD>
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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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        <name>New York City Municipal Water Finance Authority</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Intermountain Power Agency</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois Municipal Electric Agency</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>State of California</name>
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        <name>State of Illinois</name>
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        <name>Metropolitan Government of Nashville &amp; Davidson County TN</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063DPS17"/>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
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          <isin value="US92778VPL61"/>
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        <valUSD>23862.92000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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          <isin value="US650036AJ58"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213562.14000000</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>2039-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia</name>
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          <isin value="US25476FUF34"/>
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        <invCountry>US</invCountry>

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          <maturityDt>2033-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
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          <isin value="US472682YZ07"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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          <isin value="US452153EW55"/>
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        <balance>215000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <valUSD>50831.53000000</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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2032-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990AKJ33"/>
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        <name>New Hampshire Municipal Bond Bank</name>
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        <name>JEA Electric System Revenue</name>
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        <title>JEA-THREE A-REV-REF</title>
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        <name>City &amp; County of Honolulu HI</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia Income Tax Revenue</name>
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        <name>Oklahoma Turnpike Authority</name>
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        <name>State of Illinois</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Commonwealth of Massachusetts</name>
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        <name>Metropolitan Transportation Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990FGC23"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Central Puget Sound Regional Transit Authority</name>
        <lei>N/A</lei>
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          <isin value="US15504RGC79"/>
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        <curCd>USD</curCd>
        <valUSD>35139.31000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dallas Fort Worth International Airport</name>
        <lei>N/A</lei>
        <title>DALLAS-FORT WORTH-A</title>
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          <isin value="US2350365H96"/>
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        <curCd>USD</curCd>
        <valUSD>43228.17000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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        <cusip>70914PZ96</cusip>
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          <isin value="US70914PZ960"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51276.56000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <cusip>70914PB50</cusip>
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          <isin value="US70914PB508"/>
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        <curCd>USD</curCd>
        <valUSD>201299.38000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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          <isin value="US64577XEQ51"/>
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        <curCd>USD</curCd>
        <valUSD>57465.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063ECK0</cusip>
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          <isin value="US13063ECK01"/>
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        <balance>100000.00000000</balance>
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        <valUSD>110557.39000000</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>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alabama Federal Aid Highway Finance Authority</name>
        <lei>N/A</lei>
        <title>ALABAMA FEDERAL-B</title>
        <cusip>010268ED8</cusip>
        <identifiers>
          <isin value="US010268ED80"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39531.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</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>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRAN FIN AUTH-SUB</title>
        <cusip>64971WL65</cusip>
        <identifiers>
          <isin value="US64971WL659"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95282.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Santa Clara CA</name>
        <lei>254900JSVO2QQ5A3DV83</lei>
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          <isin value="US801546NV00"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13419.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>State of Michigan Trunk Line Revenue</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST -B -REV</title>
        <cusip>594695Z92</cusip>
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        <valUSD>42637.92000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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          <maturityDt>2025-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
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        <name>Los Angeles Unified School District/CA</name>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Oklahoma Industries Authority</name>
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        <name>State of Minnesota</name>
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        <name>Energy Northwest</name>
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        <name>San Antonio Water System</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
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          <isin value="US91802REL96"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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          <isin value="US249182JZ03"/>
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          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <cusip>64971W5B2</cusip>
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          <isin value="US64971W5B28"/>
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          <maturityDt>2043-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Wisconsin</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Georgia</name>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Community College District/CA</name>
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          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Great Lakes Water Authority Water Supply System Revenue</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Massachusetts School Building Authority</name>
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        <name>Southern California Public Power Authority</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Texas Water Development Board</name>
        <lei>N/A</lei>
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        <name>Indiana Municipal Power Agency</name>
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        <name>State of Nevada Highway Improvement Revenue</name>
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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <lei>54930048FV8RWPR02D67</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Turnpike Authority</name>
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          <maturityDt>2040-12-15</maturityDt>
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        <invCountry>US</invCountry>

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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>State of Nevada Highway Improvement Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Texas Turnpike System</name>
        <lei>N/A</lei>
        <title>TX TRANSPRTN-A-REF</title>
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          <isin value="US88283KBU16"/>
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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>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Department of Transportation</name>
        <lei>549300CGDCL8XZK3KN03</lei>
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        <cusip>576018AK1</cusip>
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          <isin value="US576018AK13"/>
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        <curCd>USD</curCd>
        <valUSD>187549.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>CHICAGO ARPT-C-REF</title>
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          <isin value="US167593VP48"/>
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        <curCd>USD</curCd>
        <valUSD>65376.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
        <title>SAN DIEGO USD-I</title>
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          <isin value="US7973555W00"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12587.75000000</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>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Hampton Roads Sanitation District</name>
        <lei>N/A</lei>
        <title>HAMPTON ROADS SAN-A</title>
        <cusip>409327HR7</cusip>
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          <isin value="US409327HR76"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15367.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US92778VNA25"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70180.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US544532GQ16"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5329.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tarrant Regional Water District Water Supply System Revenue</name>
        <lei>N/A</lei>
        <title>TARRANT REGL WTR-REF</title>
        <cusip>876443VP4</cusip>
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          <isin value="US876443VP46"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250283.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063DUZ9</cusip>
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          <isin value="US13063DUZ94"/>
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        <curCd>USD</curCd>
        <valUSD>319832.19000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan State Building Authority</name>
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          <isin value="US594615FY79"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <cusip>91412GYM1</cusip>
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          <maturityDt>2028-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <name>Intermountain Power Agency</name>
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        <name>State of North Carolina</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>State of Wisconsin</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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      <invstOrSec>
        <name>State of California</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
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          <isin value="US072024YR77"/>
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        <curCd>USD</curCd>
        <valUSD>167079.42000000</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>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
        <lei>254900GOGQEZEWCZ4D37</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA</title>
        <cusip>13063DPV4</cusip>
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          <isin value="US13063DPV46"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81656.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <cusip>725304QN2</cusip>
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          <isin value="US725304QN26"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48955.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST-B</title>
        <cusip>452153HF9</cusip>
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          <isin value="US452153HF95"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26533.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>HOUSTON TX UTL SYS-B</title>
        <cusip>44244CXG7</cusip>
        <identifiers>
          <isin value="US44244CXG76"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115113.33000000</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>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Sacramento CA Airport System Revenue</name>
        <lei>N/A</lei>
        <title>SACRAMENTO ARPT-B-REF</title>
        <cusip>786107PF3</cusip>
        <identifiers>
          <isin value="US786107PF36"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>175870.47000000</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>2041-07-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
        <title>CA ST PUB WKS-C-REF</title>
        <cusip>13068XLU1</cusip>
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          <isin value="US13068XLU18"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120201.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPR</title>
        <cusip>6461362C4</cusip>
        <identifiers>
          <isin value="US6461362C46"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249085.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</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>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>HOUSTON-UTL SYS-B-REF</title>
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          <isin value="US44244CGP68"/>
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        <balance>75000.00000000</balance>
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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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>56132.79000000</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>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US544532EV29"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Missouri Joint Municipal Electric Utility Commission</name>
        <lei>N/A</lei>
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          <isin value="US606092QH06"/>
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        <balance>100000.00000000</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>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Philadelphia PA</name>
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          <isin value="US717813WP01"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>DIST OF COLUMBIA-B</title>
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          <isin value="US25476FF944"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST</title>
        <cusip>93974EC20</cusip>
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          <isin value="US93974EC200"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43765.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NJ ST TRANSN TR FD</title>
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          <isin value="US646136XP19"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160705.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
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      <invstOrSec>
        <name>School District of Broward County/FL</name>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
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          <isin value="US64972GP651"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County Honolulu HI Wastewater System Revenue</name>
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          <isin value="US4387014N10"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>CHICAGO O'HARE ARPT-B</title>
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          <isin value="US167593M252"/>
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        <curCd>USD</curCd>
        <valUSD>72280.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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          <isin value="US650036CB05"/>
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        <curCd>USD</curCd>
        <valUSD>41062.41000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-03-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XU559"/>
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        <valUSD>213877.18000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>MET TRANS AUTH-C1-REF</title>
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          <isin value="US59261APY72"/>
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        <curCd>USD</curCd>
        <valUSD>166371.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Utah</name>
        <lei>254900RWV9NSVUZONC07</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS CMNWL-B</title>
        <cusip>57582R3X2</cusip>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Lewisville Independent School District</name>
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        <name>Commonwealth of Massachusetts</name>
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          <maturityDt>2029-06-01</maturityDt>
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          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Salt River Project Agricultural Improvement &amp; Power District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Clackamas County School District No 12 North Clackamas</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>State Public School Building Authority</name>
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        <name>Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue</name>
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        <name>Utah Transit Authority</name>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York State Dormitory Authority</name>
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          <maturityDt>2029-03-15</maturityDt>
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        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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      <invstOrSec>
        <name>Suffolk County Water Authority</name>
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        <name>County of Smith TX</name>
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        <name>State of Michigan Trunk Line Revenue</name>
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        <name>State of Georgia</name>
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        <name>School Board of Miami-Dade County/The</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Pierce County School District No 10 Tacoma</name>
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        <name>California State University</name>
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        <name>Energy Northwest</name>
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      <invstOrSec>
        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>King &amp; Snohomish Counties School District No 417 Northshore</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Municipal Improvement Corp of Los Angeles</name>
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        <valUSD>15343.89000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
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          <isin value="US153476GM26"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914P4G46"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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          <isin value="US650036BU94"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107649.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Broward County FL Water &amp; Sewer Utility Revenue</name>
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          <isin value="US115117MD23"/>
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        <curCd>USD</curCd>
        <valUSD>175106.81000000</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>2042-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Virginia College Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US92778VPM45"/>
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        <curCd>USD</curCd>
        <valUSD>9489.37000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of California</name>
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        <curCd>USD</curCd>
        <valUSD>125583.48000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
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          <isin value="US650010AY75"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914P2B76"/>
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        <name>Las Vegas Valley Water District</name>
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        <name>University of California</name>
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        <name>Lansing Board of Water &amp; Light</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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      <invstOrSec>
        <name>Clackamas County School District No 12 North Clackamas</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
        <lei>N/A</lei>
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        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990CDV00"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Los Angeles Community College District/CA</name>
        <lei>N/A</lei>
        <title>LOS ANGELES CA CMNTY</title>
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          <isin value="US54438CWP30"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Department of Transportation State Highway Fund</name>
        <lei>N/A</lei>
        <title>TEXAS TRANSPRTN COMM</title>
        <cusip>88283LJY3</cusip>
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          <isin value="US88283LJY39"/>
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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>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dallas Area Rapid Transit</name>
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          <isin value="US235241RW87"/>
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        <curCd>USD</curCd>
        <valUSD>318398.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Harris County Flood Control District</name>
        <lei>N/A</lei>
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          <isin value="US414019AV13"/>
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        <curCd>USD</curCd>
        <valUSD>37302.48000000</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>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WWZ57"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Illinois State Toll Highway Authority</name>
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        <invCountry>US</invCountry>

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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Railsplitter Tobacco Settlement Authority</name>
        <lei>N/A</lei>
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        <name>State of California</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>Snohomish County Public Utility District No 1 Electric System Revenue</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Clark County School District</name>
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        <invCountry>US</invCountry>

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        <name>King County School District No 414 Lake Washington</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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          <maturityDt>2040-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois State Toll Highway Authority</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Washoe NV Gas Tax Revenue</name>
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          <isin value="US940839DD22"/>
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          <maturityDt>2042-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
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        <valUSD>36254.79000000</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>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Miami-Dade Seaport Department</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of North Carolina</name>
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          <maturityDt>2029-06-01</maturityDt>
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        <name>Greenville County School District</name>
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        <name>Illinois State Toll Highway Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Clark County School District</name>
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        <name>New York State Dormitory Authority</name>
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        <name>State of Connecticut</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>City of Phoenix Civic Improvement Corp</name>
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        <name>University of California</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
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        <name>Ohio Turnpike &amp; Infrastructure Commission</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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        <name>New York City Municipal Water Finance Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Board of Regents of the University of Texas System</name>
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        <name>Sales Tax Securitization Corp</name>
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        <name>Duval County Public Schools</name>
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        <name>North Texas Tollway Authority</name>
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        <name>County of Cook IL</name>
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        <name>California State Public Works Board</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990ASP11"/>
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        <name>Texas Water Development Board</name>
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          <isin value="US882854Y893"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Energy Northwest</name>
        <lei>N/A</lei>
        <title>ENERGY NW-A-REF</title>
        <cusip>29270C5H4</cusip>
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          <isin value="US29270C5H41"/>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Intermountain Power Agency</name>
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          <maturityDt>2042-07-01</maturityDt>
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        <name>ALLEN CNTY IN BLDG CORP LEASE</name>
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        <name>Alvord Unified School District</name>
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        <name>Massachusetts Water Resources Authority</name>
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        <name>Energy Northwest</name>
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        <name>Commonwealth of Pennsylvania</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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      <invstOrSec>
        <name>Los Angeles Community College District/CA</name>
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        <name>City of Atlanta GA Water &amp; Wastewater Revenue</name>
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          <isin value="US047870SW18"/>
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          <isin value="US452153DH97"/>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Vernon CA Electric System Revenue</name>
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          <isin value="US924397EM02"/>
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          <isin value="US20772JG552"/>
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          <maturityDt>2035-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Empire State Development Corp</name>
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        <name>Massachusetts Water Resources Authority</name>
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        <name>California Educational Facilities Authority</name>
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          <maturityDt>2026-12-01</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>Texas A&amp;M University</name>
        <lei>N/A</lei>
        <title>TEXAS A&amp;M UNIV REVS-E</title>
        <cusip>88213AKX2</cusip>
        <identifiers>
          <isin value="US88213AKX27"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51694.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</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>American Municipal Power Inc</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>AMERICAN MUNI PWR-A</title>
        <cusip>02765UNR1</cusip>
        <identifiers>
          <isin value="US02765UNR13"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>161904.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>Grand River Dam Authority</name>
        <lei>549300XGK5KWQHON4Q79</lei>
        <title>GRAND RIVER DAM-A-REF</title>
        <cusip>386442ZS9</cusip>
        <identifiers>
          <isin value="US386442ZS99"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110838.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</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>State of Maryland</name>
        <lei>N/A</lei>
        <title>MARYLAND ST-1ST SER</title>
        <cusip>574193RF7</cusip>
        <identifiers>
          <isin value="US574193RF70"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>171535.31000000</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>2030-03-15</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>
        <name>Texas Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
        <title>TX TRANSPRTN COMM-REF</title>
        <cusip>882830BR2</cusip>
        <identifiers>
          <isin value="US882830BR21"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>115384.53000000</valUSD>
        <pctVal>0.021793368868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</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>
        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IA ST FIN AUTH</title>
        <cusip>46247SDP6</cusip>
        <identifiers>
          <isin value="US46247SDP65"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95134.81000000</valUSD>
        <pctVal>0.017968682687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>
        <name>School District of Philadelphia/The</name>
        <lei>254900HSKDHZKBZCUL90</lei>
        <title>PHILADELPHIA SD</title>
        <cusip>717883EU2</cusip>
        <identifiers>
          <isin value="US717883EU27"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54862.14000000</valUSD>
        <pctVal>0.010362141735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</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>
        <name>City of Dallas TX</name>
        <lei>N/A</lei>
        <title>DALLAS</title>
        <cusip>235219US9</cusip>
        <identifiers>
          <isin value="US235219US94"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>228246.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</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>
        <name>Commonwealth of Massachusetts</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST-A</title>
        <cusip>57582RWH5</cusip>
        <identifiers>
          <isin value="US57582RWH55"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75954.70000000</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>2026-01-01</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>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
        <lei>N/A</lei>
        <title>NYC TRANSITIONAL FIN</title>
        <cusip>64971XQH4</cusip>
        <identifiers>
          <isin value="US64971XQH43"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29385.81000000</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>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>
        <name>County of Clark NV</name>
        <lei>N/A</lei>
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          <isin value="US180848XH18"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248331.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
        <title>LOS ANGELES UNIF SD-A</title>
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          <isin value="US544647HR40"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>363184.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063DR83</cusip>
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          <isin value="US13063DR837"/>
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        <balance>150000.00000000</balance>
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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>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Garland Independent School District</name>
        <lei>N/A</lei>
        <title>GARLAND ISD-A</title>
        <cusip>366155Z36</cusip>
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          <isin value="US366155Z368"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206451.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Department of Transportation</name>
        <lei>N/A</lei>
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          <isin value="US9771234R69"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55770.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST</title>
        <cusip>13063EAJ5</cusip>
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          <isin value="US13063EAJ55"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>309558.33000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cypress-Fairbanks Independent School District</name>
        <lei>N/A</lei>
        <title>CYPRESS FAIRBANKS ISD</title>
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          <isin value="US232769QA00"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>379346.31000000</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>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
        <lei>N/A</lei>
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          <isin value="US438687MA06"/>
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        <balance>135000.00000000</balance>
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      <invstOrSec>
        <name>Central Florida Expressway Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XN877"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Pennsylvania</name>
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          <isin value="US70914PS866"/>
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          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XAN84"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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          <isin value="US6500357W28"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indiana University</name>
        <lei>B4CW783SY7V2XEFJSQ64</lei>
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          <isin value="US455168HH08"/>
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        <curCd>USD</curCd>
        <valUSD>106771.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Turnpike Commission</name>
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        <cusip>709225BA3</cusip>
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          <isin value="US709225BA36"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>444516.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas State Technical College</name>
        <lei>N/A</lei>
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        <cusip>88276RFJ6</cusip>
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          <isin value="US88276RFJ68"/>
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        <balance>95000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063DQL54"/>
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        <valUSD>58496.08000000</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>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kentucky State Property &amp; Building Commission</name>
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          <isin value="US49151F4J66"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California State University</name>
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        <name>South Carolina Public Service Authority</name>
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        <name>State of Washington</name>
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        <name>Dallas Independent School District</name>
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        <name>State of North Carolina</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Chicago IL Waterworks Revenue</name>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Metropolitan Area Transit Authority Dedicated Revenue</name>
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          <isin value="US93878YBH18"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Municipal Water Finance Authority</name>
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          <maturityDt>2031-06-15</maturityDt>
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        <name>State of Illinois</name>
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          <isin value="US4521526P13"/>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia College Building Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois Sales Tax Revenue</name>
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          <maturityDt>2034-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Thruway Authority</name>
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          <maturityDt>2031-03-15</maturityDt>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Dallas Independent School District</name>
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        <name>American Municipal Power Inc</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>California State University</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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      <invstOrSec>
        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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      <invstOrSec>
        <name>State of New Mexico Severance Tax Permanent Fund</name>
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          <maturityDt>2029-07-01</maturityDt>
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        <name>State of Maryland</name>
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        <name>Metropolitan Transportation Authority</name>
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      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</name>
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          <isin value="US67766WYJ51"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HVQ37"/>
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          <maturityDt>2041-05-15</maturityDt>
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        <name>Los Angeles County Public Works Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Empire State Development Corp</name>
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        <title>NEW YORK ST URBAN DEV</title>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Chicago IL</name>
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        <name>American Municipal Power Inc</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>State of Washington</name>
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        <name>Gwinn Area Community School District</name>
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        <name>Texas State University System</name>
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      <invstOrSec>
        <name>California State University</name>
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      <invstOrSec>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois State Toll Highway Authority</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990GBB77"/>
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        <valUSD>66173.03000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <balance>375000.00000000</balance>
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        <valUSD>291928.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Delaware Valley Regional Finance Authority</name>
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          <isin value="US246579GC42"/>
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        <balance>105000.00000000</balance>
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        <valUSD>118601.41000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>City &amp; County of Honolulu HI</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bay Area Toll Authority</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Maryland</name>
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          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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          <maturityDt>2025-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of North Carolina</name>
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        <name>North Texas Tollway Authority</name>
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        <name>San Jacinto Community College District</name>
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        <name>City of New York NY</name>
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        <name>University of Utah/The</name>
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        <name>New York State Dormitory Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <isCashCollateral>N</isCashCollateral>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Los Angeles CA Wastewater System Revenue</name>
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        <name>Commonwealth of Massachusetts</name>
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        <name>Central Florida Expressway Authority</name>
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        <name>Franklin County School District No 1 Pasco</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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    <signature>
      <ncom:dateSigned>2025-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>VANGUARD MUNICIPAL BOND FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Ashley Grim</ncom:signature>
      <ncom:signerName>Ashley Grim</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
