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        <cusip>49151FV64</cusip>
        <identifiers>
          <isin value="US49151FV645"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FV6"/>
        </identifiers>
        <balance>8745000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9576124.8</valUSD>
        <pctVal>1.3701186919</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST PPTY &amp; BLDGS COMMN</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5.25 06/01/2042</title>
        <cusip>49151FV72</cusip>
        <identifiers>
          <isin value="US49151FV728"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FV7"/>
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        <balance>15975000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17475372</valUSD>
        <pctVal>2.5003155582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2032</title>
        <cusip>49151FVS6</cusip>
        <identifiers>
          <isin value="US49151FVS63"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FVS"/>
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        <balance>3680000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3742008</valUSD>
        <pctVal>0.5353935139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2033</title>
        <cusip>49151FVU1</cusip>
        <identifiers>
          <isin value="US49151FVU10"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FVU"/>
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        <balance>3550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3607758.5</valUSD>
        <pctVal>0.5161855615</pctVal>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2034</title>
        <cusip>49151FVV9</cusip>
        <identifiers>
          <isin value="US49151FVV92"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FVV"/>
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        <balance>5825000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5915870</valUSD>
        <pctVal>0.8464221420</pctVal>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2035</title>
        <cusip>49151FVW7</cusip>
        <identifiers>
          <isin value="US49151FVW75"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FVW"/>
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        <balance>5065000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5138999.65</valUSD>
        <pctVal>0.7352702293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2036</title>
        <cusip>49151FVX5</cusip>
        <identifiers>
          <isin value="US49151FVX58"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FVX"/>
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        <balance>5275000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5348533.5</valUSD>
        <pctVal>0.7652496052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2034</title>
        <cusip>49151FZF0</cusip>
        <identifiers>
          <isin value="US49151FZF07"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FZF"/>
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        <balance>725000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750425.75</valUSD>
        <pctVal>0.1073683111</pctVal>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2035</title>
        <cusip>49151FZG8</cusip>
        <identifiers>
          <isin value="US49151FZG89"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FZG"/>
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        <balance>10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10321700</valUSD>
        <pctVal>1.4767930031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 05/01/2036</title>
        <cusip>49151FZH6</cusip>
        <identifiers>
          <isin value="US49151FZH62"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FZH"/>
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        <balance>10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10309000</valUSD>
        <pctVal>1.4749759312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD DEV CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2035</title>
        <cusip>491209AS1</cusip>
        <identifiers>
          <isin value="US491209AS16"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="491209AS"/>
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        <balance>1275000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1317534</valUSD>
        <pctVal>0.1885081908</pctVal>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD DEV CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2036</title>
        <cusip>491209AT9</cusip>
        <identifiers>
          <isin value="US491209AT98"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="491209AT"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2063740</valUSD>
        <pctVal>0.2952727547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MADISON CNTY KY PUB PPTYS CORP</name>
        <lei>N/A</lei>
        <title>KY MPPFAC 4.12 06/01/2041</title>
        <cusip>557233AT0</cusip>
        <identifiers>
          <isin value="US557233AT05"/>
          <ticker value="MPPFAC"/>
          <other otherDesc="Internal" value="557233AT"/>
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        <balance>1180000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1194915.2</valUSD>
        <pctVal>0.1709643185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</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>SCOTT CNTY KY PUB PROJS CORP</name>
        <lei>N/A</lei>
        <title>KY SCOHSG 4 05/01/2041</title>
        <cusip>809533AS1</cusip>
        <identifiers>
          <isin value="US809533AS16"/>
          <ticker value="SCOHSG"/>
          <other otherDesc="Internal" value="809533AS"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1012730</valUSD>
        <pctVal>0.1448978926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>SCOTT CNTY KY PUB PROJS CORP</name>
        <lei>N/A</lei>
        <title>KY SCOHSG 4 05/01/2042</title>
        <cusip>809533AT9</cusip>
        <identifiers>
          <isin value="US809533AT98"/>
          <ticker value="SCOHSG"/>
          <other otherDesc="Internal" value="809533AT"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502990</valUSD>
        <pctVal>0.0719660630</pctVal>
        <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>4.000000000000</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>SCOTT CNTY KY PUB PROJS CORP</name>
        <lei>N/A</lei>
        <title>KY SCOHSG 4 05/01/2043</title>
        <cusip>809533AU6</cusip>
        <identifiers>
          <isin value="US809533AU61"/>
          <ticker value="SCOHSG"/>
          <other otherDesc="Internal" value="809533AU"/>
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        <balance>2415000</balance>
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        <curCd>USD</curCd>
        <valUSD>2419733.4</valUSD>
        <pctVal>0.3462070545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCOTT CNTY KY PUB PROJS CORP</name>
        <lei>N/A</lei>
        <title>KY SCOHSG 4.25 05/01/2044</title>
        <cusip>809533AV4</cusip>
        <identifiers>
          <isin value="US809533AV45"/>
          <ticker value="SCOHSG"/>
          <other otherDesc="Internal" value="809533AV"/>
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        <balance>3450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3507373.5</valUSD>
        <pctVal>0.5018228242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAYLOR COUNTY PUBLIC COURTHOUSE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY TAYGEN 4 09/01/2027</title>
        <cusip>877024BG3</cusip>
        <identifiers>
          <isin value="US877024BG38"/>
          <ticker value="TAYGEN"/>
          <other otherDesc="Internal" value="877024BG"/>
        </identifiers>
        <balance>700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>701337</valUSD>
        <pctVal>0.1003448632</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 11/01/2026</title>
        <cusip>49151FNK2</cusip>
        <identifiers>
          <isin value="US49151FNK20"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FNK"/>
        </identifiers>
        <balance>555000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>559678.65</valUSD>
        <pctVal>0.0800768783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENDERSON KY</name>
        <lei>549300UJ32J1O26W1T80</lei>
        <title>KY HEN 3 09/01/2042</title>
        <cusip>425074ND9</cusip>
        <identifiers>
          <isin value="US425074ND91"/>
          <ticker value="HEN"/>
          <other otherDesc="Internal" value="425074ND"/>
        </identifiers>
        <balance>845000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>722348.25</valUSD>
        <pctVal>0.1033510799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PADUCAH KY</name>
        <lei>N/A</lei>
        <title>KY PAD 4.25 12/01/2044</title>
        <cusip>695309NE0</cusip>
        <identifiers>
          <isin value="US695309NE04"/>
          <ticker value="PAD"/>
          <other otherDesc="Internal" value="695309NE"/>
        </identifiers>
        <balance>1915000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1927064.5</valUSD>
        <pctVal>0.2757176987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOMERSET (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY SOM 5 06/01/2029</title>
        <cusip>834749DP5</cusip>
        <identifiers>
          <isin value="US834749DP55"/>
          <ticker value="SOM"/>
          <other otherDesc="Internal" value="834749DP"/>
        </identifiers>
        <balance>380000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403818.4</valUSD>
        <pctVal>0.0577769348</pctVal>
        <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>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASHLAND KY</name>
        <lei>N/A</lei>
        <title>KY ASH 4 11/01/2047</title>
        <cusip>044249EM8</cusip>
        <identifiers>
          <isin value="US044249EM82"/>
          <ticker value="ASH"/>
          <other otherDesc="Internal" value="044249EM"/>
        </identifiers>
        <balance>675000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>648702</valUSD>
        <pctVal>0.0928140301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COVINGTON KY</name>
        <lei>N/A</lei>
        <title>KY COV 4 12/01/2042</title>
        <cusip>223255KJ8</cusip>
        <identifiers>
          <isin value="US223255KJ80"/>
          <ticker value="COV"/>
          <other otherDesc="Internal" value="223255KJ"/>
        </identifiers>
        <balance>955000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>942518.15</valUSD>
        <pctVal>0.1348522249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COVINGTON KY</name>
        <lei>N/A</lei>
        <title>KY COV 4.12 12/01/2043</title>
        <cusip>223255KK5</cusip>
        <identifiers>
          <isin value="US223255KK53"/>
          <ticker value="COV"/>
          <other otherDesc="Internal" value="223255KK"/>
        </identifiers>
        <balance>995000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>993129.4</valUSD>
        <pctVal>0.1420935068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COVINGTON KY</name>
        <lei>N/A</lei>
        <title>KY COV 4.12 12/01/2044</title>
        <cusip>223255KL3</cusip>
        <identifiers>
          <isin value="US223255KL37"/>
          <ticker value="COV"/>
          <other otherDesc="Internal" value="223255KL"/>
        </identifiers>
        <balance>1030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1018824.5</valUSD>
        <pctVal>0.1457698725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COVINGTON KY</name>
        <lei>N/A</lei>
        <title>KY COV 4.12 12/01/2045</title>
        <cusip>223255KM1</cusip>
        <identifiers>
          <isin value="US223255KM10"/>
          <ticker value="COV"/>
          <other otherDesc="Internal" value="223255KM"/>
        </identifiers>
        <balance>1585000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1552776.95</valUSD>
        <pctVal>0.2221659354</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COVINGTON KY</name>
        <lei>N/A</lei>
        <title>KY COV 4.12 12/01/2046</title>
        <cusip>223255KN9</cusip>
        <identifiers>
          <isin value="US223255KN92"/>
          <ticker value="COV"/>
          <other otherDesc="Internal" value="223255KN"/>
        </identifiers>
        <balance>1665000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1621193.85</valUSD>
        <pctVal>0.2319547879</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PADUCAH KY</name>
        <lei>N/A</lei>
        <title>KY PAD 4.25 12/01/2044</title>
        <cusip>695309NE0</cusip>
        <identifiers>
          <isin value="US695309NE04"/>
          <ticker value="PAD"/>
          <other otherDesc="Internal" value="223255KQ"/>
        </identifiers>
        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1862340</valUSD>
        <pctVal>0.2664571419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELIZABETHTOWN KY</name>
        <lei>N/A</lei>
        <title>KY ELI 4 09/01/2041</title>
        <cusip>286875HQ5</cusip>
        <identifiers>
          <isin value="US286875HQ59"/>
          <ticker value="ELI"/>
          <other otherDesc="Internal" value="286875HQ"/>
        </identifiers>
        <balance>485000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>484980.6</valUSD>
        <pctVal>0.0693893406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELIZABETHTOWN KY</name>
        <lei>N/A</lei>
        <title>KY ELI 4 09/01/2042</title>
        <cusip>286875HR3</cusip>
        <identifiers>
          <isin value="US286875HR33"/>
          <ticker value="ELI"/>
          <other otherDesc="Internal" value="286875HR"/>
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        <balance>710000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>705789.7</valUSD>
        <pctVal>0.1009819401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELIZABETHTOWN KY</name>
        <lei>N/A</lei>
        <title>KY ELI 4 09/01/2044</title>
        <cusip>286875HT9</cusip>
        <identifiers>
          <isin value="US286875HT98"/>
          <ticker value="ELI"/>
          <other otherDesc="Internal" value="286875HT"/>
        </identifiers>
        <balance>1510000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1469939.7</valUSD>
        <pctVal>0.2103138692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLASGOW (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY GLA 4 12/01/2044</title>
        <cusip>376820AT3</cusip>
        <identifiers>
          <isin value="US376820AT33"/>
          <ticker value="GLA"/>
          <other otherDesc="Internal" value="376820AT"/>
        </identifiers>
        <balance>1110000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1085879.7</valUSD>
        <pctVal>0.1553638977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENDERSON KY</name>
        <lei>549300UJ32J1O26W1T80</lei>
        <title>KY HEN 4 12/01/2042</title>
        <cusip>425074RS2</cusip>
        <identifiers>
          <isin value="US425074RS25"/>
          <ticker value="HEN"/>
          <other otherDesc="Internal" value="425074RS"/>
        </identifiers>
        <balance>810000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>809011.8</valUSD>
        <pctVal>0.1157505998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HENDERSON KY</name>
        <lei>549300UJ32J1O26W1T80</lei>
        <title>KY HEN 4 12/01/2043</title>
        <cusip>425074RT0</cusip>
        <identifiers>
          <isin value="US425074RT08"/>
          <ticker value="HEN"/>
          <other otherDesc="Internal" value="425074RT"/>
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        <balance>840000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>830625.6</valUSD>
        <pctVal>0.1188430272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>LAUREL (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY LAU 4 05/01/2031</title>
        <cusip>518637KG7</cusip>
        <identifiers>
          <isin value="US518637KG77"/>
          <ticker value="LAU"/>
          <other otherDesc="Internal" value="518637KG"/>
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        <balance>1295000</balance>
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        <curCd>USD</curCd>
        <valUSD>1304608.9</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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>LAUREL (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY LAU 4 05/01/2034</title>
        <cusip>518637KK8</cusip>
        <identifiers>
          <isin value="US518637KK89"/>
          <ticker value="LAU"/>
          <other otherDesc="Internal" value="518637KK"/>
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        <balance>1440000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1449504</valUSD>
        <pctVal>0.2073900002</pctVal>
        <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>4.000000000000</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>LAUREL (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY LAU 4 05/01/2035</title>
        <cusip>518637KL6</cusip>
        <identifiers>
          <isin value="US518637KL62"/>
          <ticker value="LAU"/>
          <other otherDesc="Internal" value="518637KL"/>
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        <balance>1495000</balance>
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        <curCd>USD</curCd>
        <valUSD>1502280.65</valUSD>
        <pctVal>0.2149411001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>LAUREL (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY LAU 4 05/01/2036</title>
        <cusip>518637KM4</cusip>
        <identifiers>
          <isin value="US518637KM46"/>
          <ticker value="LAU"/>
          <other otherDesc="Internal" value="518637KM"/>
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        <balance>1555000</balance>
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        <curCd>USD</curCd>
        <valUSD>1562946.05</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>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>LAUREL (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY LAU 4 05/01/2037</title>
        <cusip>518637KN2</cusip>
        <identifiers>
          <isin value="US518637KN29"/>
          <ticker value="LAU"/>
          <other otherDesc="Internal" value="518637KN"/>
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        <balance>1620000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1625232.6</valUSD>
        <pctVal>0.2325326382</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>LAUREL (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY LAU 4 05/01/2038</title>
        <cusip>518637KP7</cusip>
        <identifiers>
          <isin value="US518637KP76"/>
          <ticker value="LAU"/>
          <other otherDesc="Internal" value="518637KP"/>
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        <balance>1680000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1686384</valUSD>
        <pctVal>0.2412819683</pctVal>
        <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>4.000000000000</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>RICHMOND KY</name>
        <lei>N/A</lei>
        <title>KY RIC 4.38 06/01/2044</title>
        <cusip>764870GK1</cusip>
        <identifiers>
          <isin value="US764870GK16"/>
          <ticker value="RIC"/>
          <other otherDesc="Internal" value="764870GK"/>
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        <balance>1270000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1292352</valUSD>
        <pctVal>0.1849052376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>TAYLOR CNTY KY PUB LIBR DIST</name>
        <lei>N/A</lei>
        <title>KY TAYFAC 4 12/01/2044</title>
        <cusip>877026AV6</cusip>
        <identifiers>
          <isin value="US877026AV61"/>
          <ticker value="TAYFAC"/>
          <other otherDesc="Internal" value="877026AV"/>
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        <balance>290000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>288123.7</valUSD>
        <pctVal>0.0412237387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>TAYLOR CNTY KY PUB LIBR DIST</name>
        <lei>N/A</lei>
        <title>KY TAYFAC 4 12/01/2045</title>
        <cusip>877026AW4</cusip>
        <identifiers>
          <isin value="US877026AW45"/>
          <ticker value="TAYFAC"/>
          <other otherDesc="Internal" value="877026AW"/>
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        <balance>300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>294426</valUSD>
        <pctVal>0.0421254499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TAYLOR CNTY KY PUB LIBR DIST</name>
        <lei>N/A</lei>
        <title>KY TAYFAC 4 12/01/2046</title>
        <cusip>877026AX2</cusip>
        <identifiers>
          <isin value="US877026AX28"/>
          <ticker value="TAYFAC"/>
          <other otherDesc="Internal" value="877026AX"/>
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        <balance>315000</balance>
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        <curCd>USD</curCd>
        <valUSD>304312.05</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>4.000000000000</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>COVINGTON KY</name>
        <lei>N/A</lei>
        <title>KY COV 4 10/01/2040</title>
        <cusip>223255HU7</cusip>
        <identifiers>
          <isin value="US223255HU72"/>
          <ticker value="COV"/>
          <other otherDesc="Internal" value="223255HU"/>
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        <balance>870000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>874263</valUSD>
        <pctVal>0.1250865149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAVIESS CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY DAVSCD 4 02/01/2044</title>
        <cusip>238726AU7</cusip>
        <identifiers>
          <isin value="US238726AU78"/>
          <ticker value="DAVSCD"/>
          <other otherDesc="Internal" value="238726AU"/>
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        <balance>775000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>756779.75</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>2044-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>ELIZABETHTOWN KY</name>
        <lei>N/A</lei>
        <title>KY ELI 4.62 06/01/2042</title>
        <cusip>286875JL4</cusip>
        <identifiers>
          <isin value="US286875JL45"/>
          <ticker value="ELI"/>
          <other otherDesc="Internal" value="286875JL"/>
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        <balance>745000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>779299.8</valUSD>
        <pctVal>0.1114995100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ERLANGER-ELSMERE KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY ELMSCD 5 06/01/2046</title>
        <cusip>29572PAW1</cusip>
        <identifiers>
          <isin value="US29572PAW14"/>
          <ticker value="ELMSCD"/>
          <other otherDesc="Internal" value="29572PAU"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1056080</valUSD>
        <pctVal>0.1511002601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ERLANGER-ELSMERE KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY ELMSCD 5 06/01/2046</title>
        <cusip>29572PAW1</cusip>
        <identifiers>
          <isin value="US29572PAW14"/>
          <ticker value="ELMSCD"/>
          <other otherDesc="Internal" value="29572PAW"/>
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        <balance>1695000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1791343.8</valUSD>
        <pctVal>0.2562992521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAYETTE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY FBESCD 4 04/01/2042</title>
        <cusip>312391AT2</cusip>
        <identifiers>
          <isin value="US312391AT29"/>
          <ticker value="FBESCD"/>
          <other otherDesc="Internal" value="312391AT"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>996480</valUSD>
        <pctVal>0.1425728990</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAYETTE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY FBESCD 4 04/01/2043</title>
        <cusip>312391AU9</cusip>
        <identifiers>
          <isin value="US312391AU91"/>
          <ticker value="FBESCD"/>
          <other otherDesc="Internal" value="312391AU"/>
        </identifiers>
        <balance>4020000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3976222.2</valUSD>
        <pctVal>0.5689040685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAYETTE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY FBESCD 4 04/01/2044</title>
        <cusip>312391AV7</cusip>
        <identifiers>
          <isin value="US312391AV74"/>
          <ticker value="FBESCD"/>
          <other otherDesc="Internal" value="312391AV"/>
        </identifiers>
        <balance>4585000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4482066.75</valUSD>
        <pctVal>0.6412785506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAYETTE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY FBESCD 4 04/01/2048</title>
        <cusip>312391AZ8</cusip>
        <identifiers>
          <isin value="US312391AZ88"/>
          <ticker value="FBESCD"/>
          <other otherDesc="Internal" value="312391AZ"/>
        </identifiers>
        <balance>1410000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1320211.2</valUSD>
        <pctVal>0.1888912352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRAVES CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY GRBSCD 4.5 05/01/2045</title>
        <cusip>389087AV9</cusip>
        <identifiers>
          <isin value="US389087AV97"/>
          <ticker value="GRBSCD"/>
          <other otherDesc="Internal" value="389087AV"/>
        </identifiers>
        <balance>610000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>621266.7</valUSD>
        <pctVal>0.0888886826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARDIN CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY HARSCD 4 06/01/2040</title>
        <cusip>411852AR7</cusip>
        <identifiers>
          <isin value="US411852AR72"/>
          <ticker value="HARSCD"/>
          <other otherDesc="Internal" value="411852AR"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1007200</valUSD>
        <pctVal>0.1441066794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARDIN CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY HARSCD 4 06/01/2044</title>
        <cusip>411852AV8</cusip>
        <identifiers>
          <isin value="US411852AV84"/>
          <ticker value="HARSCD"/>
          <other otherDesc="Internal" value="411852AV"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>978660</valUSD>
        <pctVal>0.1400232753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARSHALL CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY MARSCD 4 10/01/2044</title>
        <cusip>572139AT0</cusip>
        <identifiers>
          <isin value="US572139AT09"/>
          <ticker value="MARSCD"/>
          <other otherDesc="Internal" value="572139AT"/>
        </identifiers>
        <balance>1230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1198794.9</valUSD>
        <pctVal>0.1715194126</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2041</title>
        <cusip>772883AS3</cusip>
        <identifiers>
          <isin value="US772883AS38"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772883AS"/>
        </identifiers>
        <balance>1305000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1299205.8</valUSD>
        <pctVal>0.1858858555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2042</title>
        <cusip>772883AT1</cusip>
        <identifiers>
          <isin value="US772883AT11"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772883AT"/>
        </identifiers>
        <balance>1015000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002150.1</valUSD>
        <pctVal>0.1433841572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2043</title>
        <cusip>772883AU8</cusip>
        <identifiers>
          <isin value="US772883AU83"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772883AU"/>
        </identifiers>
        <balance>1205000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1179092.5</valUSD>
        <pctVal>0.1687004616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2046</title>
        <cusip>772883AX2</cusip>
        <identifiers>
          <isin value="US772883AX23"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772883AX"/>
        </identifiers>
        <balance>705000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>670779.3</valUSD>
        <pctVal>0.0959727736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPENCER CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY SPESCD 4 12/01/2043</title>
        <cusip>84786TAU4</cusip>
        <identifiers>
          <isin value="US84786TAU43"/>
          <ticker value="SPESCD"/>
          <other otherDesc="Internal" value="84786TAU"/>
        </identifiers>
        <balance>800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>792056</valUSD>
        <pctVal>0.1133246228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPENCER CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY SPESCD 4.38 12/01/2045</title>
        <cusip>84786TBQ2</cusip>
        <identifiers>
          <isin value="US84786TBQ22"/>
          <ticker value="SPESCD"/>
          <other otherDesc="Internal" value="84786TBQ"/>
        </identifiers>
        <balance>1085000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1097651.1</valUSD>
        <pctVal>0.1570481088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TAYLOR CNTY KY SCH DIST</name>
        <lei>N/A</lei>
        <title>KY TAYSCD 4 12/01/2044</title>
        <cusip>877029AV0</cusip>
        <identifiers>
          <isin value="US877029AV01"/>
          <ticker value="TAYSCD"/>
          <other otherDesc="Internal" value="877029AV"/>
        </identifiers>
        <balance>820000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>801148.2</valUSD>
        <pctVal>0.1146255032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTON COUNTY AIRPORT BOARD (KY)</name>
        <lei>N/A</lei>
        <title>KY KENAPT 5 01/01/2029</title>
        <cusip>491026UR9</cusip>
        <identifiers>
          <isin value="US491026UR97"/>
          <ticker value="KENAPT"/>
          <other otherDesc="Internal" value="491026UR"/>
        </identifiers>
        <balance>240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>240393.6</valUSD>
        <pctVal>0.0343946817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTON COUNTY AIRPORT BOARD (KY)</name>
        <lei>N/A</lei>
        <title>KY KENAPT 5 01/01/2034</title>
        <cusip>491026VJ6</cusip>
        <identifiers>
          <isin value="US491026VJ62"/>
          <ticker value="KENAPT"/>
          <other otherDesc="Internal" value="491026VJ"/>
        </identifiers>
        <balance>275000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>289253.25</valUSD>
        <pctVal>0.0413853508</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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTON COUNTY AIRPORT BOARD (KY)</name>
        <lei>N/A</lei>
        <title>KY KENAPT 5 01/01/2035</title>
        <cusip>491026VK3</cusip>
        <identifiers>
          <isin value="US491026VK36"/>
          <ticker value="KENAPT"/>
          <other otherDesc="Internal" value="491026VK"/>
        </identifiers>
        <balance>300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315030</valUSD>
        <pctVal>0.0450733987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTON COUNTY AIRPORT BOARD (KY)</name>
        <lei>N/A</lei>
        <title>KY KENAPT 5 01/01/2037</title>
        <cusip>491026VM9</cusip>
        <identifiers>
          <isin value="US491026VM91"/>
          <ticker value="KENAPT"/>
          <other otherDesc="Internal" value="491026VM"/>
        </identifiers>
        <balance>250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261107.5</valUSD>
        <pctVal>0.0373583546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD DEV CORP</name>
        <lei>N/A</lei>
        <title>KY KYSMED 4 05/01/2032</title>
        <cusip>491210AR1</cusip>
        <identifiers>
          <isin value="US491210AR14"/>
          <ticker value="KYSMED"/>
          <other otherDesc="Internal" value="491210AR"/>
        </identifiers>
        <balance>1810000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1810325.8</valUSD>
        <pctVal>0.2590151307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD DEV CORP</name>
        <lei>N/A</lei>
        <title>KY KYSMED 4 05/01/2035</title>
        <cusip>491210AU4</cusip>
        <identifiers>
          <isin value="US491210AU43"/>
          <ticker value="KYSMED"/>
          <other otherDesc="Internal" value="491210AU"/>
        </identifiers>
        <balance>1390000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1390055.6</valUSD>
        <pctVal>0.1988843295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD DEV CORP</name>
        <lei>N/A</lei>
        <title>KY KYSMED 4 05/01/2036</title>
        <cusip>491210AV2</cusip>
        <identifiers>
          <isin value="US491210AV26"/>
          <ticker value="KYSMED"/>
          <other otherDesc="Internal" value="491210AV"/>
        </identifiers>
        <balance>1200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1200144</valUSD>
        <pctVal>0.1717124371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSMED 5 05/01/2039</title>
        <cusip>491210AW0</cusip>
        <identifiers>
          <isin value="US491210AW09"/>
          <ticker value="KYSMED"/>
          <other otherDesc="Internal" value="491210AW"/>
        </identifiers>
        <balance>1685000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1688235.2</valUSD>
        <pctVal>0.2415468315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON COUNTY METRO GOVERNMENT (KY)</name>
        <lei>N/A</lei>
        <title>KY LOUMED 5 10/01/2033</title>
        <cusip>54659LBR4</cusip>
        <identifiers>
          <isin value="US54659LBR42"/>
          <ticker value="LOUMED"/>
          <other otherDesc="Internal" value="54659LBR"/>
        </identifiers>
        <balance>4060000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4074697.2</valUSD>
        <pctVal>0.5829935296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON COUNTY METRO GOVERNMENT (KY)</name>
        <lei>N/A</lei>
        <title>KY LOUMED 4 10/01/2034</title>
        <cusip>54659LBS2</cusip>
        <identifiers>
          <isin value="US54659LBS25"/>
          <ticker value="LOUMED"/>
          <other otherDesc="Internal" value="54659LBS"/>
        </identifiers>
        <balance>580000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>577146.4</valUSD>
        <pctVal>0.0825761033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON COUNTY METRO GOVERNMENT (KY)</name>
        <lei>N/A</lei>
        <title>KY LOUMED 4 10/01/2035</title>
        <cusip>54659LBT0</cusip>
        <identifiers>
          <isin value="US54659LBT08"/>
          <ticker value="LOUMED"/>
          <other otherDesc="Internal" value="54659LBT"/>
        </identifiers>
        <balance>3850000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3823319.5</valUSD>
        <pctVal>0.5470272810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON COUNTY METRO GOVERNMENT (KY)</name>
        <lei>N/A</lei>
        <title>KY LOUMED 4 10/01/2036</title>
        <cusip>54659LBU7</cusip>
        <identifiers>
          <isin value="US54659LBU70"/>
          <ticker value="LOUMED"/>
          <other otherDesc="Internal" value="54659LBU"/>
        </identifiers>
        <balance>2005000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1993230.65</valUSD>
        <pctVal>0.2851845217</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2042</title>
        <cusip>491197FC8</cusip>
        <identifiers>
          <isin value="US491197FC88"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197FC"/>
        </identifiers>
        <balance>1050000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1080786</valUSD>
        <pctVal>0.1546351088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 5 02/01/2039</title>
        <cusip>491197GE3</cusip>
        <identifiers>
          <isin value="US491197GE36"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197GE"/>
        </identifiers>
        <balance>550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>594104.5</valUSD>
        <pctVal>0.0850024094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2043</title>
        <cusip>491197GJ2</cusip>
        <identifiers>
          <isin value="US491197GJ23"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197GJ"/>
        </identifiers>
        <balance>1455000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1496714.85</valUSD>
        <pctVal>0.2141447647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4 02/01/2048</title>
        <cusip>491197GP8</cusip>
        <identifiers>
          <isin value="US491197GP82"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197GP"/>
        </identifiers>
        <balance>920000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>864128.4</valUSD>
        <pctVal>0.1236364916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 5 02/01/2030</title>
        <cusip>491197HX0</cusip>
        <identifiers>
          <isin value="US491197HX08"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197HX"/>
        </identifiers>
        <balance>250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>268812.5</valUSD>
        <pctVal>0.0384607593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4 02/01/2043</title>
        <cusip>491197JL4</cusip>
        <identifiers>
          <isin value="US491197JL42"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197JL"/>
        </identifiers>
        <balance>515000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>510056</valUSD>
        <pctVal>0.0729770418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 5 02/01/2028</title>
        <cusip>491197MH9</cusip>
        <identifiers>
          <isin value="US491197MH92"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197MH"/>
        </identifiers>
        <balance>195000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201821.1</valUSD>
        <pctVal>0.0288758623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 5 02/01/2029</title>
        <cusip>491197MJ5</cusip>
        <identifiers>
          <isin value="US491197MJ58"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197MJ"/>
        </identifiers>
        <balance>205000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>216539.45</valUSD>
        <pctVal>0.0309817128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2032</title>
        <cusip>4912074N3</cusip>
        <identifiers>
          <isin value="US4912074N38"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912074N"/>
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        <balance>550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>536690</valUSD>
        <pctVal>0.0767877420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2035</title>
        <cusip>4912074R4</cusip>
        <identifiers>
          <isin value="US4912074R42"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912074R"/>
        </identifiers>
        <balance>1170000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1109370.6</valUSD>
        <pctVal>0.1587248942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2036</title>
        <cusip>4912074S2</cusip>
        <identifiers>
          <isin value="US4912074S25"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912074S"/>
        </identifiers>
        <balance>1240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1161855.2</valUSD>
        <pctVal>0.1662342085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2038</title>
        <cusip>4912074U7</cusip>
        <identifiers>
          <isin value="US4912074U70"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912074U"/>
        </identifiers>
        <balance>980000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>888967.8</valUSD>
        <pctVal>0.1271904267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2041</title>
        <cusip>4912074X1</cusip>
        <identifiers>
          <isin value="US4912074X10"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912074X"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>871080</valUSD>
        <pctVal>0.1246311024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2035</title>
        <cusip>4912077C4</cusip>
        <identifiers>
          <isin value="US4912077C46"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077C"/>
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        <balance>930000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>873948.9</valUSD>
        <pctVal>0.1250415746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2036</title>
        <cusip>4912077D2</cusip>
        <identifiers>
          <isin value="US4912077D29"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077D"/>
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        <balance>965000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>901956.55</valUSD>
        <pctVal>0.1290488119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2037</title>
        <cusip>4912077E0</cusip>
        <identifiers>
          <isin value="US4912077E02"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077E"/>
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        <balance>990000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>916561.8</valUSD>
        <pctVal>0.1311384804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2038</title>
        <cusip>4912077F7</cusip>
        <identifiers>
          <isin value="US4912077F76"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077F"/>
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        <balance>1025000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>934246.5</valUSD>
        <pctVal>0.1336687459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2039</title>
        <cusip>4912077G5</cusip>
        <identifiers>
          <isin value="US4912077G59"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077G"/>
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        <balance>1050000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>945966</valUSD>
        <pctVal>0.1353455313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2040</title>
        <cusip>4912077H3</cusip>
        <identifiers>
          <isin value="US4912077H33"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077H"/>
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        <balance>1030000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>917822.7</valUSD>
        <pctVal>0.1313188856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2041</title>
        <cusip>4912077J9</cusip>
        <identifiers>
          <isin value="US4912077J98"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077J"/>
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        <balance>1065000</balance>
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        <curCd>USD</curCd>
        <valUSD>930895.2</valUSD>
        <pctVal>0.1331892535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROBERTSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY ROBEDU 4 02/01/2042</title>
        <cusip>770565EC9</cusip>
        <identifiers>
          <isin value="US770565EC98"/>
          <ticker value="ROBEDU"/>
          <other otherDesc="Internal" value="770565EC"/>
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        <balance>300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297585</valUSD>
        <pctVal>0.0425774287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROBERTSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY ROBEDU 4 02/01/2043</title>
        <cusip>770565ED7</cusip>
        <identifiers>
          <isin value="US770565ED71"/>
          <ticker value="ROBEDU"/>
          <other otherDesc="Internal" value="770565ED"/>
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        <balance>310000</balance>
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        <curCd>USD</curCd>
        <valUSD>304819.9</valUSD>
        <pctVal>0.0436125731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2038</title>
        <cusip>772884JV5</cusip>
        <identifiers>
          <isin value="US772884JV58"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772884JV"/>
        </identifiers>
        <balance>1140000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1163381.4</valUSD>
        <pctVal>0.1664525719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2041</title>
        <cusip>772884JY9</cusip>
        <identifiers>
          <isin value="US772884JY97"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772884JY"/>
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        <balance>1275000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1278646.5</valUSD>
        <pctVal>0.1829443023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2043</title>
        <cusip>772884KA9</cusip>
        <identifiers>
          <isin value="US772884KA92"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772884KA"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>495770</valUSD>
        <pctVal>0.0709330505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKCASTLE CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY ROCEDU 4 03/01/2044</title>
        <cusip>772884KB7</cusip>
        <identifiers>
          <isin value="US772884KB75"/>
          <ticker value="ROCEDU"/>
          <other otherDesc="Internal" value="772884KB"/>
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        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>490035</valUSD>
        <pctVal>0.0701125066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RUSSELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY RUSEDU 4.12 02/01/2042</title>
        <cusip>782454QT2</cusip>
        <identifiers>
          <isin value="US782454QT29"/>
          <ticker value="RUSEDU"/>
          <other otherDesc="Internal" value="782454QT"/>
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        <balance>655000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>661569.65</valUSD>
        <pctVal>0.0946550888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 3.75 07/01/2028</title>
        <cusip>491309CS7</cusip>
        <identifiers>
          <isin value="US491309CS70"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309CS"/>
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        <balance>345000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>350530.35</valUSD>
        <pctVal>0.0501526656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 3.85 07/01/2029</title>
        <cusip>491309CU2</cusip>
        <identifiers>
          <isin value="US491309CU27"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309CU"/>
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        <balance>450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>458829</valUSD>
        <pctVal>0.0656476604</pctVal>
        <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>3.850000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.25 01/01/2034</title>
        <cusip>491309DD9</cusip>
        <identifiers>
          <isin value="US491309DD92"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DD"/>
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        <balance>250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>259250</valUSD>
        <pctVal>0.0370925900</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>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.3 07/01/2034</title>
        <cusip>491309DE7</cusip>
        <identifiers>
          <isin value="US491309DE75"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DE"/>
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        <balance>325000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339862.25</valUSD>
        <pctVal>0.0486263109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.300000000000</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>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.35 01/01/2035</title>
        <cusip>491309DF4</cusip>
        <identifiers>
          <isin value="US491309DF41"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DF"/>
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        <balance>310000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>318404.1</valUSD>
        <pctVal>0.0455561533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.350000000000</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>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.35 07/01/2035</title>
        <cusip>491309DG2</cusip>
        <identifiers>
          <isin value="US491309DG24"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DG"/>
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        <balance>605000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>629629.55</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>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.4 07/01/2038</title>
        <cusip>491309DH0</cusip>
        <identifiers>
          <isin value="US491309DH07"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DH"/>
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        <balance>3005000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3084722.65</valUSD>
        <pctVal>0.4413514078</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>4.400000000000</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>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.7 07/01/2043</title>
        <cusip>491309DJ6</cusip>
        <identifiers>
          <isin value="US491309DJ62"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DJ"/>
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        <balance>3500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3590125</valUSD>
        <pctVal>0.5136626215</pctVal>
        <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>4.700000000000</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>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.8 07/01/2048</title>
        <cusip>491309DK3</cusip>
        <identifiers>
          <isin value="US491309DK36"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DK"/>
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        <balance>5680000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5771732</valUSD>
        <pctVal>0.8257993774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.800000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 3.35 07/01/2029</title>
        <cusip>491309DX5</cusip>
        <identifiers>
          <isin value="US491309DX56"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DX"/>
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        <balance>305000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308132.35</valUSD>
        <pctVal>0.0440865069</pctVal>
        <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>3.350000000000</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>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 3.4 07/01/2030</title>
        <cusip>491309DZ0</cusip>
        <identifiers>
          <isin value="US491309DZ05"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309DZ"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201792</valUSD>
        <pctVal>0.0288716988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000</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>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.4 07/01/2044</title>
        <cusip>491309HZ6</cusip>
        <identifiers>
          <isin value="US491309HZ68"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309HZ"/>
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        <balance>2945000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2960873.55</valUSD>
        <pctVal>0.4236315086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.400000000000</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>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.6 07/01/2049</title>
        <cusip>491309JA9</cusip>
        <identifiers>
          <isin value="US491309JA99"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309JA"/>
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        <balance>4000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4011880</valUSD>
        <pctVal>0.5740058627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.35 07/01/2044</title>
        <cusip>491309KB5</cusip>
        <identifiers>
          <isin value="US491309KB53"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309KB"/>
        </identifiers>
        <balance>1200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1206480</valUSD>
        <pctVal>0.1726189700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>549300NTBUU903EKQ287</lei>
        <title>KY KYSSFH 4.5 07/01/2049</title>
        <cusip>491309KC3</cusip>
        <identifiers>
          <isin value="US491309KC37"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309KC"/>
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        <balance>2040000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2034206.4</valUSD>
        <pctVal>0.2910471898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 4.5 07/01/2045</title>
        <cusip>491309LF5</cusip>
        <identifiers>
          <isin value="US491309LF58"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309LF"/>
        </identifiers>
        <balance>4000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4022400</valUSD>
        <pctVal>0.5755110278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 4.62 07/01/2049</title>
        <cusip>491309LG3</cusip>
        <identifiers>
          <isin value="US491309LG32"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309LG"/>
        </identifiers>
        <balance>4000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4003320</valUSD>
        <pctVal>0.5727811277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 4.9 07/01/2045</title>
        <cusip>491309PQ7</cusip>
        <identifiers>
          <isin value="US491309PQ77"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309PQ"/>
        </identifiers>
        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2073120</valUSD>
        <pctVal>0.2966148125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 4.8 07/01/2045</title>
        <cusip>491309QK9</cusip>
        <identifiers>
          <isin value="US491309QK98"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309QK"/>
        </identifiers>
        <balance>2445000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2511626.25</valUSD>
        <pctVal>0.3593547645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.800000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 4.55 07/01/2046</title>
        <cusip>491309RG7</cusip>
        <identifiers>
          <isin value="US491309RG77"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309RG"/>
        </identifiers>
        <balance>5500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5517325</valUSD>
        <pctVal>0.7893997070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.550000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY STATE TPK AUTHORITY</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2034</title>
        <cusip>491552M28</cusip>
        <identifiers>
          <isin value="US491552M289"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552M2"/>
        </identifiers>
        <balance>1120000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1120067.2</valUSD>
        <pctVal>0.1602553265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 4.8 07/01/2048</title>
        <cusip>491309DK3</cusip>
        <identifiers>
          <isin value="US491309DK36"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491552Q7"/>
        </identifiers>
        <balance>1385000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1385096.95</valUSD>
        <pctVal>0.1981748631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.800000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOYLE (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY BYLEDU 5 06/01/2037</title>
        <cusip>10346PAR7</cusip>
        <identifiers>
          <isin value="US10346PAR73"/>
          <ticker value="BYLEDU"/>
          <other otherDesc="Internal" value="10346PAR"/>
        </identifiers>
        <balance>2865000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2891042.85</valUSD>
        <pctVal>0.4136403744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF LOUISVILLE (KY)</name>
        <lei>N/A</lei>
        <title>KY ULVHGR 3 09/01/2039</title>
        <cusip>914391W78</cusip>
        <identifiers>
          <isin value="US914391W785"/>
          <ticker value="ULVHGR"/>
          <other otherDesc="Internal" value="914391W7"/>
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        <balance>1450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1299867</valUSD>
        <pctVal>0.1859804577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF LOUISVILLE (KY)</name>
        <lei>N/A</lei>
        <title>KY ULVHGR 3 09/01/2040</title>
        <cusip>914391W86</cusip>
        <identifiers>
          <isin value="US914391W868"/>
          <ticker value="ULVHGR"/>
          <other otherDesc="Internal" value="914391W8"/>
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        <balance>1495000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1326962</valUSD>
        <pctVal>0.1898571163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY LOUISVILLE KY</name>
        <lei>N/A</lei>
        <title>KY ULVHGR 3 09/01/2042</title>
        <cusip>914391X28</cusip>
        <identifiers>
          <isin value="US914391X288"/>
          <ticker value="ULVHGR"/>
          <other otherDesc="Internal" value="914391X2"/>
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        <balance>1575000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1359776.25</valUSD>
        <pctVal>0.1945520652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WSTRN KY UNIV</name>
        <lei>N/A</lei>
        <title>KY WKUHGR 4 09/01/2034</title>
        <cusip>9585194M9</cusip>
        <identifiers>
          <isin value="US9585194M90"/>
          <ticker value="WKUHGR"/>
          <other otherDesc="Internal" value="9585194M"/>
        </identifiers>
        <balance>575000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>575626.75</valUSD>
        <pctVal>0.0823586770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WSTRN KY UNIV</name>
        <lei>N/A</lei>
        <title>KY WKUHGR 4 09/01/2035</title>
        <cusip>9585194N7</cusip>
        <identifiers>
          <isin value="US9585194N73"/>
          <ticker value="WKUHGR"/>
          <other otherDesc="Internal" value="9585194N"/>
        </identifiers>
        <balance>595000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>595624.75</valUSD>
        <pctVal>0.0852199215</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2042</title>
        <cusip>4912077K6</cusip>
        <identifiers>
          <isin value="US4912077K61"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077K"/>
        </identifiers>
        <balance>420000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>361901.4</valUSD>
        <pctVal>0.0517795959</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2043</title>
        <cusip>4912077L4</cusip>
        <identifiers>
          <isin value="US4912077L45"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077L"/>
        </identifiers>
        <balance>430000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>365560.2</valUSD>
        <pctVal>0.0523030843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 3 02/01/2044</title>
        <cusip>4912077M2</cusip>
        <identifiers>
          <isin value="US4912077M28"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="4912077M"/>
        </identifiers>
        <balance>450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>374872.5</valUSD>
        <pctVal>0.0536354559</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2047</title>
        <cusip>49120FNU8</cusip>
        <identifiers>
          <isin value="US49120FNU83"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="49120FNU"/>
        </identifiers>
        <balance>510000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>489895.8</valUSD>
        <pctVal>0.0700925903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4.38 02/01/2041</title>
        <cusip>49120FPU6</cusip>
        <identifiers>
          <isin value="US49120FPU65"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="49120FPU"/>
        </identifiers>
        <balance>920000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>941914.4</valUSD>
        <pctVal>0.1347658424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4.38 02/01/2043</title>
        <cusip>49120FPW2</cusip>
        <identifiers>
          <isin value="US49120FPW22"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="49120FPW"/>
        </identifiers>
        <balance>455000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>465310.3</valUSD>
        <pctVal>0.0665749824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4.38 02/01/2046</title>
        <cusip>49120FPZ5</cusip>
        <identifiers>
          <isin value="US49120FPZ52"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="49120FPZ"/>
        </identifiers>
        <balance>475000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>477280</valUSD>
        <pctVal>0.0682875655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4.75 02/01/2045</title>
        <cusip>49120FRD2</cusip>
        <identifiers>
          <isin value="US49120FRD23"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="49120FQA"/>
        </identifiers>
        <balance>765000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>766055.7</valUSD>
        <pctVal>0.1096045901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4.75 02/01/2047</title>
        <cusip>49120FRF7</cusip>
        <identifiers>
          <isin value="US49120FRF70"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="49120FRD"/>
        </identifiers>
        <balance>585000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>605369.7</valUSD>
        <pctVal>0.0866141951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BD CORP</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4.75 02/01/2047</title>
        <cusip>49120FRF7</cusip>
        <identifiers>
          <isin value="US49120FRF70"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="49120FRF"/>
        </identifiers>
        <balance>570000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>584227.2</valUSD>
        <pctVal>0.0835891996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST PPTY &amp; BLDGS COMMN</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 03/01/2046</title>
        <cusip>49151HCG9</cusip>
        <identifiers>
          <isin value="US49151HCG92"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151HCG"/>
        </identifiers>
        <balance>2500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2704975</valUSD>
        <pctVal>0.3870184324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REGIONAL AIRPORT AUTHORITY OF LOUISVILLE &amp; JEFFERSON COUNTY (KY)</name>
        <lei>N/A</lei>
        <title>KY LOUFAC 4 06/01/2034</title>
        <cusip>546604FR5</cusip>
        <identifiers>
          <isin value="US546604FR55"/>
          <ticker value="LOUFAC"/>
          <other otherDesc="Internal" value="546604FR"/>
        </identifiers>
        <balance>1450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1450116</valUSD>
        <pctVal>0.2074775631</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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAMPBELL KENTON AND BOONE COUNTIES SANITATION DISTRICT N.1 (KY)</name>
        <lei>N/A</lei>
        <title>KY CAMUTL 4 08/01/2031</title>
        <cusip>134041JF0</cusip>
        <identifiers>
          <isin value="US134041JF02"/>
          <ticker value="CAMUTL"/>
          <other otherDesc="Internal" value="134041JF"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000800</valUSD>
        <pctVal>0.1431909896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2031</title>
        <cusip>491196S77</cusip>
        <identifiers>
          <isin value="US491196S779"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="491196S7"/>
        </identifiers>
        <balance>405000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410151.6</valUSD>
        <pctVal>0.0586830670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2033</title>
        <cusip>491196S93</cusip>
        <identifiers>
          <isin value="US491196S936"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="491196S9"/>
        </identifiers>
        <balance>415000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>420021.5</valUSD>
        <pctVal>0.0600952181</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY RURAL WATER FINANCE CORP</name>
        <lei>N/A</lei>
        <title>KY KYSWTR 5.12 02/01/2035</title>
        <cusip>49140MWW5</cusip>
        <identifiers>
          <isin value="US49140MWW53"/>
          <ticker value="KYSWTR"/>
          <other otherDesc="Internal" value="49140MWW"/>
        </identifiers>
        <balance>295000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295088.5</valUSD>
        <pctVal>0.0422202381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY RURAL WATER FINANCE CORP</name>
        <lei>N/A</lei>
        <title>KY KYSWTR 3 02/01/2032</title>
        <cusip>49140NBT3</cusip>
        <identifiers>
          <isin value="US49140NBT37"/>
          <ticker value="KYSWTR"/>
          <other otherDesc="Internal" value="49140NBT"/>
        </identifiers>
        <balance>240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236109.6</valUSD>
        <pctVal>0.0337817419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY RURAL WATER FINANCE CORP</name>
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        <cusip>49140NBU0</cusip>
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          <isin value="US49140NBU00"/>
          <ticker value="KYSWTR"/>
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        <curCd>USD</curCd>
        <valUSD>362611.1</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>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY RURAL WTR FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSWTR 5 08/01/2029</title>
        <cusip>49140NJH1</cusip>
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          <isin value="US49140NJH17"/>
          <ticker value="KYSWTR"/>
          <other otherDesc="Internal" value="49140NJH"/>
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        <balance>595000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>KENTUCKY RURAL WATER FINANCE CORP</name>
        <lei>N/A</lei>
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        <cusip>49140NJQ1</cusip>
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          <isin value="US49140NJQ16"/>
          <ticker value="KYSWTR"/>
          <other otherDesc="Internal" value="49140NJQ"/>
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        <balance>285000</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>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>KENTUCKY RURAL WATER FINANCE CORP</name>
        <lei>N/A</lei>
        <title>KY KYSWTR 3 08/01/2037</title>
        <cusip>49140NJR9</cusip>
        <identifiers>
          <isin value="US49140NJR98"/>
          <ticker value="KYSWTR"/>
          <other otherDesc="Internal" value="49140NJR"/>
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        <balance>280000</balance>
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        <curCd>USD</curCd>
        <valUSD>261332.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>LOUISVILLE &amp; JEFFERSON COUNTY METROPOLITAN SEWER DISTRICT (KY)</name>
        <lei>5493004O4I11L8BK0A22</lei>
        <title>KY LOUUTL 4 05/15/2037</title>
        <cusip>546589J86</cusip>
        <identifiers>
          <isin value="US546589J860"/>
          <ticker value="LOUUTL"/>
          <other otherDesc="Internal" value="546589J8"/>
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        <balance>10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10095100</valUSD>
        <pctVal>1.4443718618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>MURRAY KY ELEC PLT BRD</name>
        <lei>N/A</lei>
        <title>KY MURPWR 3 12/01/2036</title>
        <cusip>627085FA6</cusip>
        <identifiers>
          <isin value="US627085FA68"/>
          <ticker value="MURPWR"/>
          <other otherDesc="Internal" value="627085FA"/>
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        <balance>370000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342305.5</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>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>MURRAY KY ELEC PLT BRD</name>
        <lei>N/A</lei>
        <title>KY MURPWR 3 12/01/2037</title>
        <cusip>627085FB4</cusip>
        <identifiers>
          <isin value="US627085FB42"/>
          <ticker value="MURPWR"/>
          <other otherDesc="Internal" value="627085FB"/>
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        <balance>380000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>346411.8</valUSD>
        <pctVal>0.0495633977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>MURRAY KY ELEC PLT BRD</name>
        <lei>N/A</lei>
        <title>KY MURPWR 3 12/01/2038</title>
        <cusip>627085FC2</cusip>
        <identifiers>
          <isin value="US627085FC25"/>
          <ticker value="MURPWR"/>
          <other otherDesc="Internal" value="627085FC"/>
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        <balance>395000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354465.1</valUSD>
        <pctVal>0.0507156359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>MURRAY KY ELEC PLT BRD</name>
        <lei>N/A</lei>
        <title>KY MURPWR 3 12/01/2039</title>
        <cusip>627085FD0</cusip>
        <identifiers>
          <isin value="US627085FD08"/>
          <ticker value="MURPWR"/>
          <other otherDesc="Internal" value="627085FD"/>
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        <balance>405000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358975.8</valUSD>
        <pctVal>0.0513610112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>MURRAY KY ELEC PLT BRD</name>
        <lei>N/A</lei>
        <title>KY MURPWR 3 12/01/2040</title>
        <cusip>627085FE8</cusip>
        <identifiers>
          <isin value="US627085FE80"/>
          <ticker value="MURPWR"/>
          <other otherDesc="Internal" value="627085FE"/>
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        <balance>420000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>367138.8</valUSD>
        <pctVal>0.0525289449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>MURRAY KY ELEC PLT BRD</name>
        <lei>N/A</lei>
        <title>KY MURPWR 3 12/01/2041</title>
        <cusip>627085FF5</cusip>
        <identifiers>
          <isin value="US627085FF55"/>
          <ticker value="MURPWR"/>
          <other otherDesc="Internal" value="627085FF"/>
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        <balance>430000</balance>
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        <curCd>USD</curCd>
        <valUSD>374082.8</valUSD>
        <pctVal>0.0535224684</pctVal>
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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>3.000000000000</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>MURRAY KY ELEC PLT BRD</name>
        <lei>N/A</lei>
        <title>KY MURPWR 3 12/01/2042</title>
        <cusip>627085FG3</cusip>
        <identifiers>
          <isin value="US627085FG39"/>
          <ticker value="MURPWR"/>
          <other otherDesc="Internal" value="627085FG"/>
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        <balance>445000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>382579.85</valUSD>
        <pctVal>0.0547381968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>OWENSBORO-DAVIESS CNTY KY REGL WTR RES AGY</name>
        <lei>N/A</lei>
        <title>KY OWEWTR 4 12/01/2043</title>
        <cusip>690882DX0</cusip>
        <identifiers>
          <isin value="US690882DX09"/>
          <ticker value="OWEWTR"/>
          <other otherDesc="Internal" value="690882DX"/>
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        <balance>800000</balance>
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        <curCd>USD</curCd>
        <valUSD>786176</valUSD>
        <pctVal>0.1124833328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEPWR 4 01/01/2031</title>
        <cusip>691021LW7</cusip>
        <identifiers>
          <isin value="US691021LW75"/>
          <ticker value="OWEPWR"/>
          <other otherDesc="Internal" value="691021LW"/>
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        <balance>245000</balance>
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        <curCd>USD</curCd>
        <valUSD>246102.5</valUSD>
        <pctVal>0.0352114913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEPWR 4 01/01/2033</title>
        <cusip>691021LY3</cusip>
        <identifiers>
          <isin value="US691021LY32"/>
          <ticker value="OWEPWR"/>
          <other otherDesc="Internal" value="691021LY"/>
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        <balance>275000</balance>
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        <curCd>USD</curCd>
        <valUSD>276020.25</valUSD>
        <pctVal>0.0394920191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEPWR 4 01/01/2034</title>
        <cusip>691021LZ0</cusip>
        <identifiers>
          <isin value="US691021LZ07"/>
          <ticker value="OWEPWR"/>
          <other otherDesc="Internal" value="691021LZ"/>
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        <balance>305000</balance>
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        <curCd>USD</curCd>
        <valUSD>306024.8</valUSD>
        <pctVal>0.0437849660</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>4.000000000000</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>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEPWR 4 01/01/2035</title>
        <cusip>691021MA4</cusip>
        <identifiers>
          <isin value="US691021MA47"/>
          <ticker value="OWEPWR"/>
          <other otherDesc="Internal" value="691021MA"/>
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        <balance>200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200602</valUSD>
        <pctVal>0.0287014377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEPWR 4 01/01/2036</title>
        <cusip>691021MB2</cusip>
        <identifiers>
          <isin value="US691021MB20"/>
          <ticker value="OWEPWR"/>
          <other otherDesc="Internal" value="691021MB"/>
        </identifiers>
        <balance>325000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325835.25</valUSD>
        <pctVal>0.0466193764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARDSTOWN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BRDEDU 4 02/01/2040</title>
        <cusip>067449TC2</cusip>
        <identifiers>
          <isin value="US067449TC29"/>
          <ticker value="BRDEDU"/>
          <other otherDesc="Internal" value="067449TC"/>
        </identifiers>
        <balance>1495000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1504926.8</valUSD>
        <pctVal>0.2153197020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARDSTOWN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BRDEDU 4 02/01/2042</title>
        <cusip>067449TE8</cusip>
        <identifiers>
          <isin value="US067449TE84"/>
          <ticker value="BRDEDU"/>
          <other otherDesc="Internal" value="067449TE"/>
        </identifiers>
        <balance>1525000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1533219.75</valUSD>
        <pctVal>0.2193677591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARDSTOWN KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BRDEDU 4.75 09/01/2044</title>
        <cusip>067449UW6</cusip>
        <identifiers>
          <isin value="US067449UW63"/>
          <ticker value="BRDEDU"/>
          <other otherDesc="Internal" value="067449UW"/>
        </identifiers>
        <balance>610000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>633997.4</valUSD>
        <pctVal>0.0907101470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2043</title>
        <cusip>49151F6P0</cusip>
        <identifiers>
          <isin value="US49151F6P09"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="067449VA"/>
        </identifiers>
        <balance>2200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2284392</valUSD>
        <pctVal>0.3268428769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST PPTY &amp; BLDGS COMMN</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 4.12 09/01/2043</title>
        <cusip>49151F6Q8</cusip>
        <identifiers>
          <isin value="US49151F6Q81"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="077006MC"/>
        </identifiers>
        <balance>650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>654927</valUSD>
        <pctVal>0.0937046815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2044</title>
        <cusip>49151F6R6</cusip>
        <identifiers>
          <isin value="US49151F6R64"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="078010MX"/>
        </identifiers>
        <balance>680000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>673546.8</valUSD>
        <pctVal>0.0963687379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2045</title>
        <cusip>49151F6S4</cusip>
        <identifiers>
          <isin value="US49151F6S48"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="078010MY"/>
        </identifiers>
        <balance>710000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>695217.8</valUSD>
        <pctVal>0.0994693493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST PPTY &amp; BLDGS COMMN</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 4.25 09/01/2045</title>
        <cusip>49151F6T2</cusip>
        <identifiers>
          <isin value="US49151F6T21"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="0988254P"/>
        </identifiers>
        <balance>450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>463878</valUSD>
        <pctVal>0.0663700538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARDSTOWN KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BRDEDU 4.75 09/01/2044</title>
        <cusip>067449UW6</cusip>
        <identifiers>
          <isin value="US067449UW63"/>
          <ticker value="BRDEDU"/>
          <other otherDesc="Internal" value="101856RR"/>
        </identifiers>
        <balance>215000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224513.75</valUSD>
        <pctVal>0.0321226479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARDSTOWN KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BRDEDU 5 09/01/2048</title>
        <cusip>067449VA3</cusip>
        <identifiers>
          <isin value="US067449VA35"/>
          <ticker value="BRDEDU"/>
          <other otherDesc="Internal" value="101856RS"/>
        </identifiers>
        <balance>225000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>238916.25</valUSD>
        <pctVal>0.0341833076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOURBON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BOUEDU 5 08/01/2030</title>
        <cusip>101856RT1</cusip>
        <identifiers>
          <isin value="US101856RT17"/>
          <ticker value="BOUEDU"/>
          <other otherDesc="Internal" value="101856RT"/>
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        <balance>185000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200086.75</valUSD>
        <pctVal>0.0286277176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BOWEDU 5 08/01/2027</title>
        <cusip>102669KQ0</cusip>
        <identifiers>
          <isin value="US102669KQ04"/>
          <ticker value="BOWEDU"/>
          <other otherDesc="Internal" value="102669KQ"/>
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        <balance>695000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>696508.15</valUSD>
        <pctVal>0.0996539681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BOWEDU 4 08/01/2034</title>
        <cusip>102669KX5</cusip>
        <identifiers>
          <isin value="US102669KX54"/>
          <ticker value="BOWEDU"/>
          <other otherDesc="Internal" value="102669KX"/>
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        <balance>1890000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1891379.7</valUSD>
        <pctVal>0.2706120414</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>4.000000000000</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>BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BOWEDU 4 08/01/2035</title>
        <cusip>102669KY3</cusip>
        <identifiers>
          <isin value="US102669KY38"/>
          <ticker value="BOWEDU"/>
          <other otherDesc="Internal" value="102669KY"/>
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        <balance>2215000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2216306.85</valUSD>
        <pctVal>0.3171014900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BOWEDU 4 08/01/2036</title>
        <cusip>102669KZ0</cusip>
        <identifiers>
          <isin value="US102669KZ03"/>
          <ticker value="BOWEDU"/>
          <other otherDesc="Internal" value="102669KZ"/>
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        <balance>2305000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2305945.05</valUSD>
        <pctVal>0.3299266124</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BOWEDU 4 08/01/2037</title>
        <cusip>102669LA4</cusip>
        <identifiers>
          <isin value="US102669LA43"/>
          <ticker value="BOWEDU"/>
          <other otherDesc="Internal" value="102669LA"/>
        </identifiers>
        <balance>2395000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2395981.95</valUSD>
        <pctVal>0.3428087795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BOWEDU 4 04/01/2045</title>
        <cusip>102669NP9</cusip>
        <identifiers>
          <isin value="US102669NP93"/>
          <ticker value="BOWEDU"/>
          <other otherDesc="Internal" value="102669NP"/>
        </identifiers>
        <balance>2500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2473850</valUSD>
        <pctVal>0.3539498698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOYD CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BOYEDU 4.25 09/01/2040</title>
        <cusip>103285LR1</cusip>
        <identifiers>
          <isin value="US103285LR12"/>
          <ticker value="BOYEDU"/>
          <other otherDesc="Internal" value="103285LR"/>
        </identifiers>
        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>509975</valUSD>
        <pctVal>0.0729654526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRECKINRIDGE CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BRKEDU 4.5 03/01/2049</title>
        <cusip>106628LR9</cusip>
        <identifiers>
          <isin value="US106628LR94"/>
          <ticker value="BRKEDU"/>
          <other otherDesc="Internal" value="106628LR"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1009240</valUSD>
        <pctVal>0.1443985555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BULLITT CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BULEDU 4 03/01/2038</title>
        <cusip>120280D41</cusip>
        <identifiers>
          <isin value="US120280D418"/>
          <ticker value="BULEDU"/>
          <other otherDesc="Internal" value="120280D4"/>
        </identifiers>
        <balance>575000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>583136.25</valUSD>
        <pctVal>0.0834331102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BULLITT CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BULEDU 4 02/01/2042</title>
        <cusip>120280J29</cusip>
        <identifiers>
          <isin value="US120280J290"/>
          <ticker value="BULEDU"/>
          <other otherDesc="Internal" value="120280J2"/>
        </identifiers>
        <balance>1485000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1479832.2</valUSD>
        <pctVal>0.2117292538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BULLITT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BULEDU 4 10/01/2035</title>
        <cusip>120280ZA3</cusip>
        <identifiers>
          <isin value="US120280ZA30"/>
          <ticker value="BULEDU"/>
          <other otherDesc="Internal" value="120280ZA"/>
        </identifiers>
        <balance>1820000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1822730</valUSD>
        <pctVal>0.2607898806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BULLITT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BULEDU 4 10/01/2036</title>
        <cusip>120280ZB1</cusip>
        <identifiers>
          <isin value="US120280ZB13"/>
          <ticker value="BULEDU"/>
          <other otherDesc="Internal" value="120280ZB"/>
        </identifiers>
        <balance>2985000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2988641.7</valUSD>
        <pctVal>0.4276044791</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BULLITT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BULEDU 4 10/01/2037</title>
        <cusip>120280ZC9</cusip>
        <identifiers>
          <isin value="US120280ZC95"/>
          <ticker value="BULEDU"/>
          <other otherDesc="Internal" value="120280ZC"/>
        </identifiers>
        <balance>3075000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3077183.25</valUSD>
        <pctVal>0.4402726966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUTLER COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BUTEDU 4 03/01/2037</title>
        <cusip>123496MB4</cusip>
        <identifiers>
          <isin value="US123496MB46"/>
          <ticker value="BUTEDU"/>
          <other otherDesc="Internal" value="123496MB"/>
        </identifiers>
        <balance>360000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>366940.8</valUSD>
        <pctVal>0.0525006158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUTLER CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BUTEDU 4.25 03/01/2040</title>
        <cusip>123496ME8</cusip>
        <identifiers>
          <isin value="US123496ME84"/>
          <ticker value="BUTEDU"/>
          <other otherDesc="Internal" value="123496ME"/>
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        <balance>755000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>767902.95</valUSD>
        <pctVal>0.1098688882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAMPBELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CAMEDU 4 02/01/2045</title>
        <cusip>134290TB1</cusip>
        <identifiers>
          <isin value="US134290TB10"/>
          <ticker value="CAMEDU"/>
          <other otherDesc="Internal" value="134290TB"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>969320</valUSD>
        <pctVal>0.1386869405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARDIN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HAREDU 4 02/01/2041</title>
        <cusip>411873D33</cusip>
        <identifiers>
          <isin value="US411873D335"/>
          <ticker value="HAREDU"/>
          <other otherDesc="Internal" value="411873D3"/>
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        <balance>1220000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1220671</valUSD>
        <pctVal>0.1746493690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>HARDIN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HAREDU 4 02/01/2042</title>
        <cusip>411873D41</cusip>
        <identifiers>
          <isin value="US411873D418"/>
          <ticker value="HAREDU"/>
          <other otherDesc="Internal" value="411873D4"/>
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        <balance>6035000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6020938.45</valUSD>
        <pctVal>0.8614549711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>HARDIN COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY HAREDU 4 02/01/2044</title>
        <cusip>411873D58</cusip>
        <identifiers>
          <isin value="US411873D582"/>
          <ticker value="HAREDU"/>
          <other otherDesc="Internal" value="411873D5"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1965200</valUSD>
        <pctVal>0.2811739936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARDIN COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY HAREDU 4 05/01/2030</title>
        <cusip>411873YQ9</cusip>
        <identifiers>
          <isin value="US411873YQ96"/>
          <ticker value="HAREDU"/>
          <other otherDesc="Internal" value="411873YQ"/>
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        <balance>635000</balance>
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        <curCd>USD</curCd>
        <valUSD>635044.45</valUSD>
        <pctVal>0.0908599553</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARLAN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HRLEDU 4.25 09/01/2041</title>
        <cusip>412582EY0</cusip>
        <identifiers>
          <isin value="US412582EY09"/>
          <ticker value="HRLEDU"/>
          <other otherDesc="Internal" value="412582EY"/>
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        <balance>560000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>566977.6</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>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HARLAN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HRLEDU 4.38 09/01/2042</title>
        <cusip>412582EZ7</cusip>
        <identifiers>
          <isin value="US412582EZ73"/>
          <ticker value="HRLEDU"/>
          <other otherDesc="Internal" value="412582EZ"/>
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        <balance>260000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>264378.4</valUSD>
        <pctVal>0.0378263437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.375000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HART CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HRTEDU 5 05/01/2048</title>
        <cusip>416080QR3</cusip>
        <identifiers>
          <isin value="US416080QR36"/>
          <ticker value="HRTEDU"/>
          <other otherDesc="Internal" value="416080QR"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1047660</valUSD>
        <pctVal>0.1498955557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAZARD KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HAZEDU 4 11/01/2040</title>
        <cusip>421388GE3</cusip>
        <identifiers>
          <isin value="US421388GE32"/>
          <ticker value="HAZEDU"/>
          <other otherDesc="Internal" value="421388GE"/>
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        <balance>745000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>748702.65</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>HAZARD KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HAZEDU 4 11/01/2041</title>
        <cusip>421388GF0</cusip>
        <identifiers>
          <isin value="US421388GF07"/>
          <ticker value="HAZEDU"/>
          <other otherDesc="Internal" value="421388GF"/>
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        <balance>735000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>732464.25</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>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAZARD KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HAZEDU 4 11/01/2043</title>
        <cusip>421388GH6</cusip>
        <identifiers>
          <isin value="US421388GH62"/>
          <ticker value="HAZEDU"/>
          <other otherDesc="Internal" value="421388GH"/>
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        <balance>595000</balance>
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        <curCd>USD</curCd>
        <valUSD>582576.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>HAZARD KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HAZEDU 4 11/01/2045</title>
        <cusip>421388GK9</cusip>
        <identifiers>
          <isin value="US421388GK91"/>
          <ticker value="HAZEDU"/>
          <other otherDesc="Internal" value="421388GK"/>
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        <balance>815000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>788284.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAZARD KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HAZEDU 4 11/01/2046</title>
        <cusip>421388GL7</cusip>
        <identifiers>
          <isin value="US421388GL74"/>
          <ticker value="HAZEDU"/>
          <other otherDesc="Internal" value="421388GL"/>
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        <balance>900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>858897</valUSD>
        <pctVal>0.1228880010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>HENDERSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HENEDU 4.12 03/01/2045</title>
        <cusip>424857VX5</cusip>
        <identifiers>
          <isin value="US424857VX51"/>
          <ticker value="HENEDU"/>
          <other otherDesc="Internal" value="424857VX"/>
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        <balance>2485000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2451427.65</valUSD>
        <pctVal>0.3507417578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HOPKINS CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY HOPEDU 4 11/01/2047</title>
        <cusip>439767YS7</cusip>
        <identifiers>
          <isin value="US439767YS78"/>
          <ticker value="HOPEDU"/>
          <other otherDesc="Internal" value="439767YS"/>
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        <balance>1465000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1374712.05</valUSD>
        <pctVal>0.1966890277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JEFFERSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY JEFEDU 4.25 10/01/2037</title>
        <cusip>47309QAU5</cusip>
        <identifiers>
          <isin value="US47309QAU58"/>
          <ticker value="JEFEDU"/>
          <other otherDesc="Internal" value="47309QAU"/>
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        <balance>2110000</balance>
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        <curCd>USD</curCd>
        <valUSD>2114473.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JEFFERSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY JEFEDU 3 12/01/2039</title>
        <cusip>47309QDW8</cusip>
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          <isin value="US47309QDW87"/>
          <ticker value="JEFEDU"/>
          <other otherDesc="Internal" value="47309QDW"/>
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        <balance>385000</balance>
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        <curCd>USD</curCd>
        <valUSD>344197.7</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEFFERSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY JEFEDU 3 12/01/2040</title>
        <cusip>47309QDX6</cusip>
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          <isin value="US47309QDX60"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JOHNSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY JOHEDU 4.5 09/01/2042</title>
        <cusip>478799VU0</cusip>
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          <isin value="US478799VU02"/>
          <ticker value="JOHEDU"/>
          <other otherDesc="Internal" value="478799VU"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>513230</valUSD>
        <pctVal>0.0734311667</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JOHNSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY JOHEDU 4.5 09/01/2043</title>
        <cusip>478799VV8</cusip>
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          <isin value="US478799VV84"/>
          <ticker value="JOHEDU"/>
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        <balance>825000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KNOX CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KNXEDU 4 10/01/2044</title>
        <cusip>499463SG3</cusip>
        <identifiers>
          <isin value="US499463SG30"/>
          <ticker value="KNXEDU"/>
          <other otherDesc="Internal" value="499463SG"/>
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        <balance>390000</balance>
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        <curCd>USD</curCd>
        <valUSD>378651</valUSD>
        <pctVal>0.0541760706</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>
      <invstOrSec>
        <name>MADISON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MADEDU 4 02/01/2042</title>
        <cusip>557250W86</cusip>
        <identifiers>
          <isin value="US557250W868"/>
          <ticker value="MADEDU"/>
          <other otherDesc="Internal" value="557250W8"/>
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        <balance>2545000</balance>
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        <curCd>USD</curCd>
        <valUSD>2553780.25</valUSD>
        <pctVal>0.3653860125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <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>MADISON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MADEDU 4 02/01/2043</title>
        <cusip>557250W94</cusip>
        <identifiers>
          <isin value="US557250W942"/>
          <ticker value="MADEDU"/>
          <other otherDesc="Internal" value="557250W9"/>
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        <balance>1585000</balance>
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        <curCd>USD</curCd>
        <valUSD>1584952.45</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MADISON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MADEDU 4 02/01/2044</title>
        <cusip>557250X28</cusip>
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          <isin value="US557250X288"/>
          <ticker value="MADEDU"/>
          <other otherDesc="Internal" value="557250X2"/>
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        <balance>1000000</balance>
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        <curCd>USD</curCd>
        <valUSD>991240</valUSD>
        <pctVal>0.1418231780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PARIS KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY PAREDU 5 06/01/2029</title>
        <cusip>699663KM1</cusip>
        <identifiers>
          <isin value="US699663KM17"/>
          <ticker value="PAREDU"/>
          <other otherDesc="Internal" value="699663KM"/>
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        <balance>170000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>180754.2</valUSD>
        <pctVal>0.0258616834</pctVal>
        <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>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>PARIS KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY PAREDU 4 06/01/2043</title>
        <cusip>699663LB4</cusip>
        <identifiers>
          <isin value="US699663LB43"/>
          <ticker value="PAREDU"/>
          <other otherDesc="Internal" value="699663LB"/>
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        <balance>335000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>329727.1</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>4.000000000000</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>PIKE COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY PIKEDU 4 02/01/2028</title>
        <cusip>721174M72</cusip>
        <identifiers>
          <isin value="US721174M722"/>
          <ticker value="PIKEDU"/>
          <other otherDesc="Internal" value="721174M7"/>
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        <balance>295000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>295020.65</valUSD>
        <pctVal>0.0422105304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>POWELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY POWEDU 4 02/01/2039</title>
        <cusip>739094NL0</cusip>
        <identifiers>
          <isin value="US739094NL00"/>
          <ticker value="POWEDU"/>
          <other otherDesc="Internal" value="739094NL"/>
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        <balance>1235000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1252882.8</valUSD>
        <pctVal>0.1792581215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>NELSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY NELEDU 4.12 11/01/2044</title>
        <cusip>640345C51</cusip>
        <identifiers>
          <isin value="US640345C511"/>
          <ticker value="NELEDU"/>
          <other otherDesc="Internal" value="745474J7"/>
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        <balance>3300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3335079</valUSD>
        <pctVal>0.4771715252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RACELAND-WORTHINGTON INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY RACEDU 3.4 06/01/2037</title>
        <cusip>749841JQ6</cusip>
        <identifiers>
          <isin value="US749841JQ63"/>
          <ticker value="RACEDU"/>
          <other otherDesc="Internal" value="749841JQ"/>
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        <balance>530000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519548.4</valUSD>
        <pctVal>0.0743351814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.400000000000</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>WESTERN KY UNIV</name>
        <lei>N/A</lei>
        <title>KY WKUHGR 4 09/01/2036</title>
        <cusip>9585194P2</cusip>
        <identifiers>
          <isin value="US9585194P22"/>
          <ticker value="WKUHGR"/>
          <other otherDesc="Internal" value="9585194P"/>
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        <balance>620000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>620589</valUSD>
        <pctVal>0.0887917197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>WESTERN KY UNIV</name>
        <lei>N/A</lei>
        <title>KY WKUHGR 5 09/01/2029</title>
        <cusip>9585195V8</cusip>
        <identifiers>
          <isin value="US9585195V80"/>
          <ticker value="WKUHGR"/>
          <other otherDesc="Internal" value="9585195V"/>
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        <balance>750000</balance>
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        <curCd>USD</curCd>
        <valUSD>797805</valUSD>
        <pctVal>0.1141471697</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>WESTERN KY UNIV</name>
        <lei>N/A</lei>
        <title>KY WKUHGR 4 09/01/2044</title>
        <cusip>9585195Z9</cusip>
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          <isin value="US9585195Z94"/>
          <ticker value="WKUHGR"/>
          <other otherDesc="Internal" value="9585195Z"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
        <valUSD>2418250</valUSD>
        <pctVal>0.3459948148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEWTR 4 09/15/2039</title>
        <cusip>691106ML9</cusip>
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          <isin value="US691106ML91"/>
          <ticker value="OWEWTR"/>
          <other otherDesc="Internal" value="691106ML"/>
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        <curCd>USD</curCd>
        <valUSD>2127635</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RURAL WTR FING AGY KY</name>
        <lei>N/A</lei>
        <title>KY RWFWTR 5 08/01/2030</title>
        <cusip>781741BU6</cusip>
        <identifiers>
          <isin value="US781741BU69"/>
          <ticker value="RWFWTR"/>
          <other otherDesc="Internal" value="781741BU"/>
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        <balance>545000</balance>
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        <curCd>USD</curCd>
        <valUSD>594055.45</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>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>RURAL WTR FING AGY KY</name>
        <lei>N/A</lei>
        <title>KY RWFWTR 5 02/01/2043</title>
        <cusip>781741FN8</cusip>
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          <isin value="US781741FN80"/>
          <ticker value="RWFWTR"/>
          <other otherDesc="Internal" value="781741FN"/>
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        <valUSD>2120431.5</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BATH COUNTY KENTACKY PUBLIC PROPERTIES CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BTHFAC 4.62 06/01/2045</title>
        <cusip>070866AX6</cusip>
        <identifiers>
          <isin value="US070866AX64"/>
          <ticker value="BTHFAC"/>
          <other otherDesc="Internal" value="070866AX"/>
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        <balance>1040000</balance>
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        <curCd>USD</curCd>
        <valUSD>1075110.4</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BATH COUNTY KENTACKY PUBLIC PROPERTIES CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BTHFAC 4.62 06/01/2046</title>
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          <isin value="US070866AY48"/>
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        <curCd>USD</curCd>
        <valUSD>1120171.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY VISITORS &amp; CONVENTION COMMN</name>
        <lei>N/A</lei>
        <title>KY LOUFAC 4 06/01/2029</title>
        <cusip>546604GA1</cusip>
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          <isin value="US546604GA12"/>
          <ticker value="LOUFAC"/>
          <other otherDesc="Internal" value="546604GA"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000120</valUSD>
        <pctVal>0.1430936976</pctVal>
        <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>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PARKING AUTHORITY OF RIVER CITY INC (KY)</name>
        <lei>N/A</lei>
        <title>KY PKRTRN 3 12/01/2036</title>
        <cusip>76804ADU6</cusip>
        <identifiers>
          <isin value="US76804ADU60"/>
          <ticker value="PKRTRN"/>
          <other otherDesc="Internal" value="76804ADU"/>
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        <balance>835000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>775898.7</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>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIVER CITY INC KY</name>
        <lei>N/A</lei>
        <title>KY PKRTRN 3 12/01/2037</title>
        <cusip>76804ADV4</cusip>
        <identifiers>
          <isin value="US76804ADV44"/>
          <ticker value="PKRTRN"/>
          <other otherDesc="Internal" value="76804ADV"/>
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        <balance>860000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>794459.4</valUSD>
        <pctVal>0.1136684929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 3 02/01/2034</title>
        <cusip>491197CS6</cusip>
        <identifiers>
          <isin value="US491197CS67"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197CS"/>
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        <balance>480000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>457944</valUSD>
        <pctVal>0.0655210377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 3 02/01/2035</title>
        <cusip>491197CT4</cusip>
        <identifiers>
          <isin value="US491197CT41"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197CT"/>
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        <balance>505000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>477760.3</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>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 3 02/01/2036</title>
        <cusip>491197CU1</cusip>
        <identifiers>
          <isin value="US491197CU14"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197CU"/>
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        <balance>510000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>473958.3</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>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2043</title>
        <cusip>49151F6P0</cusip>
        <identifiers>
          <isin value="US49151F6P09"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151F6P"/>
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        <balance>2500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2746575</valUSD>
        <pctVal>0.3929704160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>KENTUCKY ST PPTY &amp; BLDGS COMMN</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 4.12 09/01/2043</title>
        <cusip>49151F6Q8</cusip>
        <identifiers>
          <isin value="US49151F6Q81"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151F6Q"/>
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        <balance>2500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2527500</valUSD>
        <pctVal>0.3616259255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</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 PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2044</title>
        <cusip>49151F6R6</cusip>
        <identifiers>
          <isin value="US49151F6R64"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151F6R"/>
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        <balance>5000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5460650</valUSD>
        <pctVal>0.7812908448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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 PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 09/01/2045</title>
        <cusip>49151F6S4</cusip>
        <identifiers>
          <isin value="US49151F6S48"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151F6S"/>
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        <balance>10000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10856700</valUSD>
        <pctVal>1.5533389458</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST PPTY &amp; BLDGS COMMN</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 4.25 09/01/2045</title>
        <cusip>49151F6T2</cusip>
        <identifiers>
          <isin value="US49151F6T21"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151F6T"/>
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        <balance>5000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5018600</valUSD>
        <pctVal>0.7180438654</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARDSTOWN KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BRDEDU 4.75 09/01/2044</title>
        <cusip>067449UW6</cusip>
        <identifiers>
          <isin value="US067449UW63"/>
          <ticker value="BRDEDU"/>
          <other otherDesc="Internal" value="005379KX"/>
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        <balance>1840000</balance>
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        <curCd>USD</curCd>
        <valUSD>1879320.8</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>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</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>BARDSTOWN KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY BRDEDU 5 09/01/2048</title>
        <cusip>067449VA3</cusip>
        <identifiers>
          <isin value="US067449VA35"/>
          <ticker value="BRDEDU"/>
          <other otherDesc="Internal" value="005379KZ"/>
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        <balance>1270000</balance>
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        <curCd>USD</curCd>
        <valUSD>1289380.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ANDERSON COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY ANDEDU 3 02/01/2029</title>
        <cusip>033678PK3</cusip>
        <identifiers>
          <isin value="US033678PK35"/>
          <ticker value="ANDEDU"/>
          <other otherDesc="Internal" value="033678PK"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>498760</valUSD>
        <pctVal>0.0713608493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAMPBELLSVILLE KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CPVEDU 4.5 06/01/2043</title>
        <cusip>134515ME2</cusip>
        <identifiers>
          <isin value="US134515ME21"/>
          <ticker value="CPVEDU"/>
          <other otherDesc="Internal" value="134515ME"/>
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        <balance>685000</balance>
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        <curCd>USD</curCd>
        <valUSD>706755.6</valUSD>
        <pctVal>0.1011201377</pctVal>
        <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>4.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHRISTIAN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CHREDU 4.5 10/01/2042</title>
        <cusip>170704TF7</cusip>
        <identifiers>
          <isin value="US170704TF77"/>
          <ticker value="CHREDU"/>
          <other otherDesc="Internal" value="170704TF"/>
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        <balance>3555000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3702105.9</valUSD>
        <pctVal>0.5296844599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>CHRISTIAN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CHREDU 4.5 10/01/2043</title>
        <cusip>170704TG5</cusip>
        <identifiers>
          <isin value="US170704TG50"/>
          <ticker value="CHREDU"/>
          <other otherDesc="Internal" value="170704TG"/>
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        <balance>3605000</balance>
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        <curCd>USD</curCd>
        <valUSD>3733374.05</valUSD>
        <pctVal>0.5341581983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHRISTIAN COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY CHREDU 4.5 10/01/2048</title>
        <cusip>170704TH3</cusip>
        <identifiers>
          <isin value="US170704TH34"/>
          <ticker value="CHREDU"/>
          <other otherDesc="Internal" value="170704TH"/>
        </identifiers>
        <balance>3000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3020130</valUSD>
        <pctVal>0.4321097157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CLARK COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY CLAEDU 4 03/01/2040</title>
        <cusip>180782LF9</cusip>
        <identifiers>
          <isin value="US180782LF95"/>
          <ticker value="CLAEDU"/>
          <other otherDesc="Internal" value="180782LF"/>
        </identifiers>
        <balance>1475000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1493039.25</valUSD>
        <pctVal>0.2136188726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CLAY CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CLYEDU 4.25 09/01/2042</title>
        <cusip>183390LW1</cusip>
        <identifiers>
          <isin value="US183390LW19"/>
          <ticker value="CLYEDU"/>
          <other otherDesc="Internal" value="183390LW"/>
        </identifiers>
        <balance>1500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1522890</valUSD>
        <pctVal>0.2178898143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CORBIN KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CRBEDU 4.25 04/01/2042</title>
        <cusip>218183SY8</cusip>
        <identifiers>
          <isin value="US218183SY80"/>
          <ticker value="CRBEDU"/>
          <other otherDesc="Internal" value="218183SY"/>
        </identifiers>
        <balance>705000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>716554.95</valUSD>
        <pctVal>0.1025221947</pctVal>
        <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>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CORBIN KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CRBEDU 4.25 04/01/2043</title>
        <cusip>218183SZ5</cusip>
        <identifiers>
          <isin value="US218183SZ55"/>
          <ticker value="CRBEDU"/>
          <other otherDesc="Internal" value="218183SZ"/>
        </identifiers>
        <balance>500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>505830</valUSD>
        <pctVal>0.0723724004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COVINGTON KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY COVEDU 4 06/01/2041</title>
        <cusip>223400BQ4</cusip>
        <identifiers>
          <isin value="US223400BQ45"/>
          <ticker value="COVEDU"/>
          <other otherDesc="Internal" value="223400BQ"/>
        </identifiers>
        <balance>490000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>491288.7</valUSD>
        <pctVal>0.0702918816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DAYTON KY INDPT SCH DIST FIN CORP</name>
        <lei>549300DF0BXYB0BCNR91</lei>
        <title>KY DAYEDU 4 04/01/2044</title>
        <cusip>239789NL0</cusip>
        <identifiers>
          <isin value="US239789NL01"/>
          <ticker value="DAYEDU"/>
          <other otherDesc="Internal" value="239789NL"/>
        </identifiers>
        <balance>2210000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2160385.5</valUSD>
        <pctVal>0.3091004573</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDMONSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY EDMEDU 5 02/01/2046</title>
        <cusip>281150KK7</cusip>
        <identifiers>
          <isin value="US281150KK73"/>
          <ticker value="EDMEDU"/>
          <other otherDesc="Internal" value="281150KK"/>
        </identifiers>
        <balance>1045000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1093132.7</valUSD>
        <pctVal>0.1564016318</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAMPBELLSVILLE KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY CPVEDU 4.5 06/01/2043</title>
        <cusip>134515ME2</cusip>
        <identifiers>
          <isin value="US134515ME21"/>
          <ticker value="CPVEDU"/>
          <other otherDesc="Internal" value="305728GY"/>
        </identifiers>
        <balance>530000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>526979</valUSD>
        <pctVal>0.0753983259</pctVal>
        <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>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAIRVIEW KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY FAIEDU 4 10/01/2042</title>
        <cusip>305728GZ4</cusip>
        <identifiers>
          <isin value="US305728GZ49"/>
          <ticker value="FAIEDU"/>
          <other otherDesc="Internal" value="305728GZ"/>
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        <balance>555000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>546491.85</valUSD>
        <pctVal>0.0781901567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAIRVIEW KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY FAIEDU 4 10/01/2043</title>
        <cusip>305728HA8</cusip>
        <identifiers>
          <isin value="US305728HA88"/>
          <ticker value="FAIEDU"/>
          <other otherDesc="Internal" value="305728HA"/>
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        <balance>580000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>566532.4</valUSD>
        <pctVal>0.0810574890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAIRVIEW KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY FAIEDU 4 10/01/2044</title>
        <cusip>305728HB6</cusip>
        <identifiers>
          <isin value="US305728HB61"/>
          <ticker value="FAIEDU"/>
          <other otherDesc="Internal" value="305728HB"/>
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        <balance>515000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>495569.05</valUSD>
        <pctVal>0.0709042993</pctVal>
        <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>4.000000000000</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>FAYETTE COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY FAYEDU 5 06/01/2047</title>
        <cusip>312432Y84</cusip>
        <identifiers>
          <isin value="US312432Y849"/>
          <ticker value="FAYEDU"/>
          <other otherDesc="Internal" value="312432Y8"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1041510</valUSD>
        <pctVal>0.1490156351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>FAYETTE COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY FAYEDU 5 06/01/2046</title>
        <cusip>312432Y92</cusip>
        <identifiers>
          <isin value="US312432Y922"/>
          <ticker value="FAYEDU"/>
          <other otherDesc="Internal" value="312432Y9"/>
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        <balance>2525000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2633852.75</valUSD>
        <pctVal>0.3768425078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>FLEMING CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY FLEEDU 4.25 06/01/2043</title>
        <cusip>339162NQ8</cusip>
        <identifiers>
          <isin value="US339162NQ84"/>
          <ticker value="FLEEDU"/>
          <other otherDesc="Internal" value="339162NQ"/>
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        <balance>965000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>972507.7</valUSD>
        <pctVal>0.1391430256</pctVal>
        <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>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLEMING CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY FLEEDU 4.25 06/01/2044</title>
        <cusip>339162NR6</cusip>
        <identifiers>
          <isin value="US339162NR67"/>
          <ticker value="FLEEDU"/>
          <other otherDesc="Internal" value="339162NR"/>
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        <balance>1010000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1013646.1</valUSD>
        <pctVal>0.1450289650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLOYD COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY FLYEDU 3.5 08/01/2031</title>
        <cusip>343667YA3</cusip>
        <identifiers>
          <isin value="US343667YA32"/>
          <ticker value="FLYEDU"/>
          <other otherDesc="Internal" value="343667YA"/>
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        <balance>800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>800032</valUSD>
        <pctVal>0.1144658012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FRANKLIN CNTY KY BRD ED</name>
        <lei>N/A</lei>
        <title>KY FKLSCD 5 06/01/2046</title>
        <cusip>35282LAW8</cusip>
        <identifiers>
          <isin value="US35282LAW81"/>
          <ticker value="FKLSCD"/>
          <other otherDesc="Internal" value="35282LAW"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2124060</valUSD>
        <pctVal>0.3039031309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FRANKLIN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY FRKEDU 4 02/01/2040</title>
        <cusip>352840YR7</cusip>
        <identifiers>
          <isin value="US352840YR75"/>
          <ticker value="FRKEDU"/>
          <other otherDesc="Internal" value="352840YR"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1010460</valUSD>
        <pctVal>0.1445731089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</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>FRANKLIN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY FRKEDU 4 02/01/2041</title>
        <cusip>352840YS5</cusip>
        <identifiers>
          <isin value="US352840YS58"/>
          <ticker value="FRKEDU"/>
          <other otherDesc="Internal" value="352840YS"/>
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        <balance>1020000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1020979.2</valUSD>
        <pctVal>0.1460781595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OWENSBORO KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY OWEEDU 4 04/01/2041</title>
        <cusip>691026NP9</cusip>
        <identifiers>
          <isin value="US691026NP93"/>
          <ticker value="OWEEDU"/>
          <other otherDesc="Internal" value="691026NP"/>
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        <balance>1545000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1545710.7</valUSD>
        <pctVal>0.2211549209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PARIS KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY PAREDU 4 03/01/2042</title>
        <cusip>699663KA7</cusip>
        <identifiers>
          <isin value="US699663KA78"/>
          <ticker value="PAREDU"/>
          <other otherDesc="Internal" value="699663KA"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1004610</valUSD>
        <pctVal>0.1437361112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PARIS KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY PAREDU 5 06/01/2027</title>
        <cusip>699663KK5</cusip>
        <identifiers>
          <isin value="US699663KK50"/>
          <ticker value="PAREDU"/>
          <other otherDesc="Internal" value="699663KK"/>
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        <balance>205000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>208966.75</valUSD>
        <pctVal>0.0298982371</pctVal>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PARIS KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY PAREDU 5 06/01/2028</title>
        <cusip>699663KL3</cusip>
        <identifiers>
          <isin value="US699663KL34"/>
          <ticker value="PAREDU"/>
          <other otherDesc="Internal" value="699663KL"/>
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        <balance>215000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223774.15</valUSD>
        <pctVal>0.0320168285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>KENTON COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KENEDU 4 04/01/2038</title>
        <cusip>491089XQ6</cusip>
        <identifiers>
          <isin value="US491089XQ65"/>
          <ticker value="KENEDU"/>
          <other otherDesc="Internal" value="491089XQ"/>
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        <balance>1300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1307813</valUSD>
        <pctVal>0.1871173438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY STATE TPK AUTHORITY</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2036</title>
        <cusip>491552P41</cusip>
        <identifiers>
          <isin value="US491552P415"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552P4"/>
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        <balance>400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406812</valUSD>
        <pctVal>0.0582052487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</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>KENTUCKY STATE TPK AUTHORITY</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2037</title>
        <cusip>491552P58</cusip>
        <identifiers>
          <isin value="US491552P589"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552P5"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>507720</valUSD>
        <pctVal>0.0726428150</pctVal>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY STATE TPK AUTHORITY</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2038</title>
        <cusip>491552V44</cusip>
        <identifiers>
          <isin value="US491552V447"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552V4"/>
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        <curCd>USD</curCd>
        <valUSD>1183490</valUSD>
        <pctVal>0.1693296406</pctVal>
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        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST TPK AUTH</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2039</title>
        <cusip>491552V51</cusip>
        <identifiers>
          <isin value="US491552V512"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552V5"/>
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        <balance>3255000</balance>
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        <curCd>USD</curCd>
        <valUSD>3480376.2</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST TPK AUTH</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2040</title>
        <cusip>491552V69</cusip>
        <identifiers>
          <isin value="US491552V694"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552V6"/>
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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>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST TPK AUTH</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2041</title>
        <cusip>491552V77</cusip>
        <identifiers>
          <isin value="US491552V777"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552V7"/>
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        <balance>3555000</balance>
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        <curCd>USD</curCd>
        <valUSD>3779320.5</valUSD>
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        <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>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY STATE TPK AUTHORITY</name>
        <lei>N/A</lei>
        <title>KY KYSTRN 5 07/01/2042</title>
        <cusip>491552V85</cusip>
        <identifiers>
          <isin value="US491552V850"/>
          <ticker value="KYSTRN"/>
          <other otherDesc="Internal" value="491552V8"/>
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        <balance>1400000</balance>
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        <curCd>USD</curCd>
        <valUSD>1485050</valUSD>
        <pctVal>0.2124757985</pctVal>
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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>5.000000000000</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>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFAC 5 10/01/2035</title>
        <cusip>49151FUX6</cusip>
        <identifiers>
          <isin value="US49151FUX67"/>
          <ticker value="KYSFAC"/>
          <other otherDesc="Internal" value="49151FUX"/>
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        <balance>4165000</balance>
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        <curCd>USD</curCd>
        <valUSD>4259753.75</valUSD>
        <pctVal>0.6094707784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE PROPERTY AND BUILDINGS COMMISSION (KY)</name>
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          <isin value="US49151FUY41"/>
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        <curCd>USD</curCd>
        <valUSD>2783287.75</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>5.000000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY (KY), COMMONWEALTH OF</name>
        <lei>549300F6MON81PRPVJ50</lei>
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          <isin value="US491449AV60"/>
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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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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY (KY), COMMONWEALTH OF</name>
        <lei>549300F6MON81PRPVJ50</lei>
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          <isin value="US491449BF02"/>
          <ticker value="KYSCTF"/>
          <other otherDesc="Internal" value="491449BF"/>
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        <curCd>USD</curCd>
        <valUSD>1527495</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY (KY), COMMONWEALTH OF</name>
        <lei>549300F6MON81PRPVJ50</lei>
        <title>KY KYSCTF 4 04/15/2031</title>
        <cusip>491449BG8</cusip>
        <identifiers>
          <isin value="US491449BG84"/>
          <ticker value="KYSCTF"/>
          <other otherDesc="Internal" value="491449BG"/>
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        <balance>1350000</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>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>KENTUCKY (KY), COMMONWEALTH OF</name>
        <lei>549300F6MON81PRPVJ50</lei>
        <title>KY KYSCTF 5 04/15/2038</title>
        <cusip>491449BK9</cusip>
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          <isin value="US491449BK96"/>
          <ticker value="KYSCTF"/>
          <other otherDesc="Internal" value="491449BK"/>
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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>2038-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY INTERLOCAL SCH TRANSN ASSN</name>
        <lei>N/A</lei>
        <title>KY KYSEDU 3.25 03/01/2028</title>
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        <identifiers>
          <isin value="US491325PD23"/>
          <ticker value="KYSEDU"/>
          <other otherDesc="Internal" value="491325PD"/>
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        <balance>475000</balance>
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        <curCd>USD</curCd>
        <valUSD>477213.5</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>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.250000000000</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>WARREN CNTY KY</name>
        <lei>N/A</lei>
        <title>KY WAR 4 06/01/2035</title>
        <cusip>934850KF4</cusip>
        <identifiers>
          <isin value="US934850KF44"/>
          <ticker value="WAR"/>
          <other otherDesc="Internal" value="934850KF"/>
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        <balance>1175000</balance>
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        <curCd>USD</curCd>
        <valUSD>1184059.25</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>4.000000000000</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>HENDERSON KY</name>
        <lei>549300UJ32J1O26W1T80</lei>
        <title>KY HEN 4 06/01/2028</title>
        <cusip>425074NP2</cusip>
        <identifiers>
          <isin value="US425074NP22"/>
          <ticker value="HEN"/>
          <other otherDesc="Internal" value="425074NP"/>
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        <balance>385000</balance>
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        <curCd>USD</curCd>
        <valUSD>394147.6</valUSD>
        <pctVal>0.0563932703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MARSHALL CNTY KY</name>
        <lei>N/A</lei>
        <title>KY MARFAC 4 06/01/2038</title>
        <cusip>572148AM6</cusip>
        <identifiers>
          <isin value="US572148AM62"/>
          <ticker value="MARFAC"/>
          <other otherDesc="Internal" value="572148AM"/>
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        <balance>1060000</balance>
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        <curCd>USD</curCd>
        <valUSD>1064155.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>HENDERSON (KY), CITY OF</name>
        <lei>549300UJ32J1O26W1T80</lei>
        <title>KY HEN 5 09/01/2029</title>
        <cusip>425074MQ1</cusip>
        <identifiers>
          <isin value="US425074MQ14"/>
          <ticker value="HEN"/>
          <other otherDesc="Internal" value="425074MQ"/>
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        <balance>600000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>WARREN (KY), COUNTY OF</name>
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        <title>KY WARMED 5 04/01/2044</title>
        <cusip>934864CM9</cusip>
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          <isin value="US934864CM98"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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        <name>WARREN (KY), COUNTY OF</name>
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        <title>KY WARMED 5.25 04/01/2049</title>
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          <isin value="US934864CN71"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2049-04-01</maturityDt>
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        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
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        <title>KY KYSFIN 5 02/01/2030</title>
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          <isin value="US4911967E56"/>
          <ticker value="KYSFIN"/>
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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>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
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          <isin value="US4911967F22"/>
          <ticker value="KYSFIN"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
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        <title>KY KYSFIN 4 02/01/2038</title>
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          <isin value="US491196F487"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2035</title>
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          <isin value="US491196K917"/>
          <ticker value="KYSFIN"/>
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        <curCd>USD</curCd>
        <valUSD>695257.8</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2037</title>
        <cusip>491196L33</cusip>
        <identifiers>
          <isin value="US491196L337"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="491196L3"/>
        </identifiers>
        <balance>745000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>748732.45</valUSD>
        <pctVal>0.1071260396</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2039</title>
        <cusip>491196L58</cusip>
        <identifiers>
          <isin value="US491196L584"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="491196L5"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001190</valUSD>
        <pctVal>0.1432467895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2033</title>
        <cusip>491196SM4</cusip>
        <identifiers>
          <isin value="US491196SM41"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="491196SM"/>
        </identifiers>
        <balance>420000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>420298.2</valUSD>
        <pctVal>0.0601348073</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2034</title>
        <cusip>491196SN2</cusip>
        <identifiers>
          <isin value="US491196SN24"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="491196SN"/>
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        <balance>435000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>435295.8</valUSD>
        <pctVal>0.0622806119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSFIN 4 02/01/2035</title>
        <cusip>491196SP7</cusip>
        <identifiers>
          <isin value="US491196SP71"/>
          <ticker value="KYSFIN"/>
          <other otherDesc="Internal" value="491196SP"/>
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        <balance>460000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>460285.2</valUSD>
        <pctVal>0.0658560085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4 02/01/2029</title>
        <cusip>491197BW8</cusip>
        <identifiers>
          <isin value="US491197BW88"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197BW"/>
        </identifiers>
        <balance>630000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>649996.2</valUSD>
        <pctVal>0.0929991998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 3.5 02/01/2042</title>
        <cusip>491197EF2</cusip>
        <identifiers>
          <isin value="US491197EF29"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197EF"/>
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        <balance>1215000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1135624.05</valUSD>
        <pctVal>0.1624811466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2036</title>
        <cusip>491197EW5</cusip>
        <identifiers>
          <isin value="US491197EW51"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197EW"/>
        </identifiers>
        <balance>445000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>468544.95</valUSD>
        <pctVal>0.0670377848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2037</title>
        <cusip>491197EX3</cusip>
        <identifiers>
          <isin value="US491197EX35"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197EX"/>
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        <balance>460000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>483142.6</valUSD>
        <pctVal>0.0691263659</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2038</title>
        <cusip>491197EY1</cusip>
        <identifiers>
          <isin value="US491197EY18"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197EY"/>
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        <balance>490000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512123.5</valUSD>
        <pctVal>0.0732728525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2039</title>
        <cusip>491197EZ8</cusip>
        <identifiers>
          <isin value="US491197EZ82"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197EZ"/>
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        <balance>515000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>535867.8</valUSD>
        <pctVal>0.0766701045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ASSN OF CNTYS FIN CORP</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2040</title>
        <cusip>491197FA2</cusip>
        <identifiers>
          <isin value="US491197FA23"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197FA"/>
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        <balance>535000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>553398.65</valUSD>
        <pctVal>0.0791783577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.500000000000</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>KENTUCKY ASSOCIATION OF COUNTIES FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSGEN 4.5 02/01/2041</title>
        <cusip>491197FB0</cusip>
        <identifiers>
          <isin value="US491197FB06"/>
          <ticker value="KYSGEN"/>
          <other otherDesc="Internal" value="491197FB"/>
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        <balance>565000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>584430.35</valUSD>
        <pctVal>0.0836182656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>RUSSELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY RUSEDU 4.12 02/01/2043</title>
        <cusip>782454QU9</cusip>
        <identifiers>
          <isin value="US782454QU91"/>
          <ticker value="RUSEDU"/>
          <other otherDesc="Internal" value="782454QU"/>
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        <balance>720000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>724730.4</valUSD>
        <pctVal>0.1036919097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RUSSELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY RUSEDU 4.25 02/01/2044</title>
        <cusip>782454QV7</cusip>
        <identifiers>
          <isin value="US782454QV74"/>
          <ticker value="RUSEDU"/>
          <other otherDesc="Internal" value="782454QV"/>
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        <balance>520000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>525345.6</valUSD>
        <pctVal>0.0751646247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RUSSELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY RUSEDU 4.25 02/01/2045</title>
        <cusip>782454QW5</cusip>
        <identifiers>
          <isin value="US782454QW57"/>
          <ticker value="RUSEDU"/>
          <other otherDesc="Internal" value="782454QW"/>
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        <balance>565000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>566915.35</valUSD>
        <pctVal>0.0811122802</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RUSSELLVILLE KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY RSVEDU 4 03/01/2044</title>
        <cusip>782862JF4</cusip>
        <identifiers>
          <isin value="US782862JF46"/>
          <ticker value="RSVEDU"/>
          <other otherDesc="Internal" value="782862JF"/>
        </identifiers>
        <balance>545000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>532802.9</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>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SCOTT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY SCOEDU 4.12 04/01/2047</title>
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          <isin value="US809545C950"/>
          <ticker value="SCOEDU"/>
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        <balance>2025000</balance>
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        <curCd>USD</curCd>
        <valUSD>1965728.25</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SCOTT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
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        <title>KY SCOEDU 4 06/01/2035</title>
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        <identifiers>
          <isin value="US809545XY74"/>
          <ticker value="SCOEDU"/>
          <other otherDesc="Internal" value="809545XY"/>
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        <balance>1440000</balance>
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        <curCd>USD</curCd>
        <valUSD>1440129.6</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>4.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>SCOTT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY SCOEDU 4 06/01/2036</title>
        <cusip>809545XZ4</cusip>
        <identifiers>
          <isin value="US809545XZ40"/>
          <ticker value="SCOEDU"/>
          <other otherDesc="Internal" value="809545XZ"/>
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        <balance>1500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1500135</valUSD>
        <pctVal>0.2146341079</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>SCOTT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY SCOEDU 4 10/01/2035</title>
        <cusip>809545YU4</cusip>
        <identifiers>
          <isin value="US809545YU44"/>
          <ticker value="SCOEDU"/>
          <other otherDesc="Internal" value="809545YU"/>
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        <balance>2235000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2238911.25</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>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SCOTT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY SCOEDU 4 10/01/2037</title>
        <cusip>809545YW0</cusip>
        <identifiers>
          <isin value="US809545YW00"/>
          <ticker value="SCOEDU"/>
          <other otherDesc="Internal" value="809545YW"/>
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        <balance>2415000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2416038.45</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>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SCOTT COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY SCOEDU 5 09/01/2041</title>
        <cusip>809545ZY5</cusip>
        <identifiers>
          <isin value="US809545ZY56"/>
          <ticker value="SCOEDU"/>
          <other otherDesc="Internal" value="809545ZY"/>
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        <balance>7120000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7642252</valUSD>
        <pctVal>1.0934268853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</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>SHELBY COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY SHEEDU 4 08/01/2037</title>
        <cusip>821622QH3</cusip>
        <identifiers>
          <isin value="US821622QH34"/>
          <ticker value="SHEEDU"/>
          <other otherDesc="Internal" value="821622QH"/>
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        <balance>6240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6240249.6</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>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>SHELBY COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY SHEEDU 4 08/01/2038</title>
        <cusip>821622QJ9</cusip>
        <identifiers>
          <isin value="US821622QJ99"/>
          <ticker value="SHEEDU"/>
          <other otherDesc="Internal" value="821622QJ"/>
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        <balance>3000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2997060</valUSD>
        <pctVal>0.4288089402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>SOMERSET KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY SOMEDU 4.62 08/01/2045</title>
        <cusip>834775LL0</cusip>
        <identifiers>
          <isin value="US834775LL07"/>
          <ticker value="SOMEDU"/>
          <other otherDesc="Internal" value="834775LL"/>
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        <balance>1605000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1641433.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</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>SOMERSET KY INDPT SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY SOMEDU 4.62 08/01/2046</title>
        <cusip>834775LM8</cusip>
        <identifiers>
          <isin value="US834775LM89"/>
          <ticker value="SOMEDU"/>
          <other otherDesc="Internal" value="834775LM"/>
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        <balance>1655000</balance>
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        <curCd>USD</curCd>
        <valUSD>1686478.1</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNION CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY UNIEDU 4.5 05/01/2042</title>
        <cusip>906265MR1</cusip>
        <identifiers>
          <isin value="US906265MR11"/>
          <ticker value="UNIEDU"/>
          <other otherDesc="Internal" value="906265MR"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>515405</valUSD>
        <pctVal>0.0737423581</pctVal>
        <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>4.500000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNION CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY UNIEDU 4.5 05/01/2043</title>
        <cusip>906265MS9</cusip>
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          <isin value="US906265MS93"/>
          <ticker value="UNIEDU"/>
          <other otherDesc="Internal" value="906265MS"/>
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        <balance>950000</balance>
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        <curCd>USD</curCd>
        <valUSD>979269.5</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>RUSSELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY RUSEDU 4.25 02/01/2044</title>
        <cusip>782454QV7</cusip>
        <identifiers>
          <isin value="US782454QV74"/>
          <ticker value="RUSEDU"/>
          <other otherDesc="Internal" value="935007J7"/>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2012900</valUSD>
        <pctVal>0.2879987440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.250000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>RUSSELL CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY RUSEDU 4.25 02/01/2045</title>
        <cusip>782454QW5</cusip>
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          <isin value="US782454QW57"/>
          <ticker value="RUSEDU"/>
          <other otherDesc="Internal" value="935007L9"/>
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        <curCd>USD</curCd>
        <valUSD>5081350</valUSD>
        <pctVal>0.7270219176</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WAYNE CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY WAYEDU 4.12 12/01/2044</title>
        <cusip>944480SE3</cusip>
        <identifiers>
          <isin value="US944480SE36"/>
          <ticker value="WAYEDU"/>
          <other otherDesc="Internal" value="944480SE"/>
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        <balance>1070000</balance>
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        <curCd>USD</curCd>
        <valUSD>1059749.4</valUSD>
        <pctVal>0.1516252651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</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>WILLIAMSTOWN INDEPENDENT SCHOOL DISTRICT (KY)</name>
        <lei>N/A</lei>
        <title>KY WMTEDU 4.12 05/01/2044</title>
        <cusip>970347LW8</cusip>
        <identifiers>
          <isin value="US970347LW88"/>
          <ticker value="WMTEDU"/>
          <other otherDesc="Internal" value="970347LW"/>
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        <balance>490000</balance>
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        <curCd>USD</curCd>
        <valUSD>486614.1</valUSD>
        <pctVal>0.0696230561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOODFORD COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY WOOEDU 5 08/01/2038</title>
        <cusip>979385NK3</cusip>
        <identifiers>
          <isin value="US979385NK35"/>
          <ticker value="WOOEDU"/>
          <other otherDesc="Internal" value="979385NK"/>
        </identifiers>
        <balance>1650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1782693</valUSD>
        <pctVal>0.2550615256</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WOODFORD CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY WOOEDU 5 08/01/2039</title>
        <cusip>979385NL1</cusip>
        <identifiers>
          <isin value="US979385NL18"/>
          <ticker value="WOOEDU"/>
          <other otherDesc="Internal" value="979385NL"/>
        </identifiers>
        <balance>350000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377153</valUSD>
        <pctVal>0.0539617419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY HSG CORP</name>
        <lei>N/A</lei>
        <title>KY KYSSFH 3.65 07/01/2027</title>
        <cusip>491309CQ1</cusip>
        <identifiers>
          <isin value="US491309CQ15"/>
          <ticker value="KYSSFH"/>
          <other otherDesc="Internal" value="491309CQ"/>
        </identifiers>
        <balance>660000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>664923.6</valUSD>
        <pctVal>0.0951349603</pctVal>
        <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>3.650000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY KY</name>
        <lei>N/A</lei>
        <title>KY UKYHGR 4 10/01/2044</title>
        <cusip>914383AV6</cusip>
        <identifiers>
          <isin value="US914383AV69"/>
          <ticker value="UKYHGR"/>
          <other otherDesc="Internal" value="914383AV"/>
        </identifiers>
        <balance>1650000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1612248</valUSD>
        <pctVal>0.2306748468</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY KY</name>
        <lei>N/A</lei>
        <title>KY UKYHGR 5 04/01/2044</title>
        <cusip>914383BL7</cusip>
        <identifiers>
          <isin value="US914383BL78"/>
          <ticker value="UKYHGR"/>
          <other otherDesc="Internal" value="914383BL"/>
        </identifiers>
        <balance>1275000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1382010.75</valUSD>
        <pctVal>0.1977333003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY KY</name>
        <lei>N/A</lei>
        <title>KY UKYHGR 5 04/01/2045</title>
        <cusip>914383BM5</cusip>
        <identifiers>
          <isin value="US914383BM51"/>
          <ticker value="UKYHGR"/>
          <other otherDesc="Internal" value="914383BM"/>
        </identifiers>
        <balance>1725000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1856514</valUSD>
        <pctVal>0.2656235780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY LOUISVILLE KY</name>
        <lei>N/A</lei>
        <title>KY ULVHGR 4 09/01/2030</title>
        <cusip>914391V61</cusip>
        <identifiers>
          <isin value="US914391V613"/>
          <ticker value="ULVHGR"/>
          <other otherDesc="Internal" value="914391V6"/>
        </identifiers>
        <balance>745000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>767566.05</valUSD>
        <pctVal>0.1098206857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEPWR 4 01/01/2037</title>
        <cusip>691021MC0</cusip>
        <identifiers>
          <isin value="US691021MC03"/>
          <ticker value="OWEPWR"/>
          <other otherDesc="Internal" value="691021MC"/>
        </identifiers>
        <balance>410000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410910.2</valUSD>
        <pctVal>0.0587916049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEWTR 4 09/15/2034</title>
        <cusip>691106MF2</cusip>
        <identifiers>
          <isin value="US691106MF24"/>
          <ticker value="OWEWTR"/>
          <other otherDesc="Internal" value="691106MF"/>
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        <balance>2075000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2094940.75</valUSD>
        <pctVal>0.2997368497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEWTR 4 09/15/2035</title>
        <cusip>691106MG0</cusip>
        <identifiers>
          <isin value="US691106MG07"/>
          <ticker value="OWEWTR"/>
          <other otherDesc="Internal" value="691106MG"/>
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        <balance>2155000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2171356.45</valUSD>
        <pctVal>0.3106701428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>OWENSBORO (KY), CITY OF</name>
        <lei>N/A</lei>
        <title>KY OWEWTR 4 09/15/2037</title>
        <cusip>691106MJ4</cusip>
        <identifiers>
          <isin value="US691106MJ46"/>
          <ticker value="OWEWTR"/>
          <other otherDesc="Internal" value="691106MJ"/>
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        <balance>1950000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1956532.5</valUSD>
        <pctVal>0.2799338778</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MADISON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MADEDU 4.25 02/01/2045</title>
        <cusip>557250Z75</cusip>
        <identifiers>
          <isin value="US557250Z754"/>
          <ticker value="MADEDU"/>
          <other otherDesc="Internal" value="557250Z7"/>
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        <balance>2170000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2188553.5</valUSD>
        <pctVal>0.3131306370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARION COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY MAREDU 4 04/01/2038</title>
        <cusip>569075QK3</cusip>
        <identifiers>
          <isin value="US569075QK36"/>
          <ticker value="MAREDU"/>
          <other otherDesc="Internal" value="569075QK"/>
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        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1020740</valUSD>
        <pctVal>0.1460439356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>MARION COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY MAREDU 4 04/01/2040</title>
        <cusip>569075QM9</cusip>
        <identifiers>
          <isin value="US569075QM91"/>
          <ticker value="MAREDU"/>
          <other otherDesc="Internal" value="569075QM"/>
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        <balance>1190000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1207552.5</valUSD>
        <pctVal>0.1727724196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>MASON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MASEDU 4 04/01/2043</title>
        <cusip>575100PC0</cusip>
        <identifiers>
          <isin value="US575100PC09"/>
          <ticker value="MASEDU"/>
          <other otherDesc="Internal" value="575100PC"/>
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        <balance>1145000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1151973.05</valUSD>
        <pctVal>0.1648203048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MCLEAN CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MCLEDU 4 02/01/2044</title>
        <cusip>582063PU1</cusip>
        <identifiers>
          <isin value="US582063PU16"/>
          <ticker value="MCLEDU"/>
          <other otherDesc="Internal" value="582063PU"/>
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        <balance>845000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>841805.9</valUSD>
        <pctVal>0.1204426658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MEADE COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY MEAEDU 4 06/01/2036</title>
        <cusip>583030QD6</cusip>
        <identifiers>
          <isin value="US583030QD63"/>
          <ticker value="MEAEDU"/>
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        <balance>2215000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2215177.2</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MEADE COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY MEAEDU 4 06/01/2037</title>
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        <identifiers>
          <isin value="US583030QE47"/>
          <ticker value="MEAEDU"/>
          <other otherDesc="Internal" value="583030QE"/>
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        <balance>2255000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2255157.85</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>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MEADE COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY MEAEDU 4 06/01/2038</title>
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        <identifiers>
          <isin value="US583030QF12"/>
          <ticker value="MEAEDU"/>
          <other otherDesc="Internal" value="583030QF"/>
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        <balance>2400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2400216</valUSD>
        <pctVal>0.3434145727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MERCER CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MEREDU 4 05/01/2040</title>
        <cusip>587825NZ9</cusip>
        <identifiers>
          <isin value="US587825NZ94"/>
          <ticker value="MEREDU"/>
          <other otherDesc="Internal" value="587825NZ"/>
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        <balance>1555000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1565402.95</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>MERCER CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MEREDU 4 05/01/2041</title>
        <cusip>587825PA2</cusip>
        <identifiers>
          <isin value="US587825PA26"/>
          <ticker value="MEREDU"/>
          <other otherDesc="Internal" value="587825PA"/>
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        <balance>1950000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1955967</valUSD>
        <pctVal>0.2798529680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MERCER CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MEREDU 4 05/01/2044</title>
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        <identifiers>
          <isin value="US587825PD64"/>
          <ticker value="MEREDU"/>
          <other otherDesc="Internal" value="587825PD"/>
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        <balance>450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>439866</valUSD>
        <pctVal>0.0629345002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>MERCER CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MEREDU 4.25 08/01/2044</title>
        <cusip>587825PY0</cusip>
        <identifiers>
          <isin value="US587825PY02"/>
          <ticker value="MEREDU"/>
          <other otherDesc="Internal" value="587825PY"/>
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        <balance>1495000</balance>
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        <curCd>USD</curCd>
        <valUSD>1495971.75</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>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>MERCER CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MEREDU 4.38 08/01/2045</title>
        <cusip>587825PZ7</cusip>
        <identifiers>
          <isin value="US587825PZ76"/>
          <ticker value="MEREDU"/>
          <other otherDesc="Internal" value="587825PZ"/>
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        <balance>1500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1505535</valUSD>
        <pctVal>0.2154067212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>MONTGOMERY CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MGMEDU 4.25 04/01/2044</title>
        <cusip>613326AU1</cusip>
        <identifiers>
          <isin value="US613326AU19"/>
          <ticker value="MGMEDU"/>
          <other otherDesc="Internal" value="613326AU"/>
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        <balance>530000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>534929</valUSD>
        <pctVal>0.0765357843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MONTGOMERY CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MGMEDU 4.38 04/01/2045</title>
        <cusip>613326AV9</cusip>
        <identifiers>
          <isin value="US613326AV91"/>
          <ticker value="MGMEDU"/>
          <other otherDesc="Internal" value="613326AV"/>
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        <balance>455000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>460146.05</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NELSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY NELEDU 4.12 11/01/2044</title>
        <cusip>640345C51</cusip>
        <identifiers>
          <isin value="US640345C511"/>
          <ticker value="NELEDU"/>
          <other otherDesc="Internal" value="640345C5"/>
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        <balance>2160000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2133885.6</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>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MADISON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY MADEDU 4.25 02/01/2045</title>
        <cusip>557250Z75</cusip>
        <identifiers>
          <isin value="US557250Z754"/>
          <ticker value="MADEDU"/>
          <other otherDesc="Internal" value="640345ZX"/>
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        <balance>1695000</balance>
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        <curCd>USD</curCd>
        <valUSD>1702949.55</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NELSON CNTY KY SCH DIST FIN CORP</name>
        <lei>N/A</lei>
        <title>KY NELEDU 4.12 06/01/2042</title>
        <cusip>640345ZY3</cusip>
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          <isin value="US640345ZY32"/>
          <ticker value="NELEDU"/>
          <other otherDesc="Internal" value="640345ZY"/>
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        <curCd>USD</curCd>
        <valUSD>1776472.5</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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      <invstOrSec>
        <name>NEWPORT INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY NEWEDU 3.5 11/01/2028</title>
        <cusip>651895DZ4</cusip>
        <identifiers>
          <isin value="US651895DZ46"/>
          <ticker value="NEWEDU"/>
          <other otherDesc="Internal" value="651895DZ"/>
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        <balance>425000</balance>
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        <curCd>USD</curCd>
        <valUSD>425055.25</valUSD>
        <pctVal>0.0608154295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOWLING GREEN INDEPENDENT SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY BOWEDU 4 04/01/2043</title>
        <cusip>102669NL8</cusip>
        <identifiers>
          <isin value="US102669NL89"/>
          <ticker value="BOWEDU"/>
          <other otherDesc="Internal" value="102669NL"/>
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        <balance>3085000</balance>
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        <curCd>USD</curCd>
        <valUSD>3087992.45</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>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CLARK COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY CLAEDU 4 03/01/2039</title>
        <cusip>180782LE2</cusip>
        <identifiers>
          <isin value="US180782LE21"/>
          <ticker value="CLAEDU"/>
          <other otherDesc="Internal" value="180782LE"/>
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        <balance>3090000</balance>
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        <curCd>USD</curCd>
        <valUSD>3138729.3</valUSD>
        <pctVal>0.4490784918</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>KENTON COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KENEDU 4 04/01/2036</title>
        <cusip>491089XN3</cusip>
        <identifiers>
          <isin value="US491089XN35"/>
          <ticker value="KENEDU"/>
          <other otherDesc="Internal" value="491089XN"/>
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        <balance>1210000</balance>
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        <curCd>USD</curCd>
        <valUSD>1216667.1</valUSD>
        <pctVal>0.1740765049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTON COUNTY SCHOOL DISTRICT FINANCE CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KENEDU 4 04/01/2037</title>
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        <identifiers>
          <isin value="US491089XP82"/>
          <ticker value="KENEDU"/>
          <other otherDesc="Internal" value="491089XP"/>
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        <balance>1255000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1258739.9</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>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>LOUISVILLE &amp; JEFFERSON COUNTY METRO GOVERNMENT (KY)</name>
        <lei>N/A</lei>
        <title>KY LOUMED 3 10/01/2043</title>
        <cusip>54659LCB8</cusip>
        <identifiers>
          <isin value="US54659LCB80"/>
          <ticker value="LOUMED"/>
          <other otherDesc="Internal" value="54659LCB"/>
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        <balance>4000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3314920</valUSD>
        <pctVal>0.4742872455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY METRO GOVT</name>
        <lei>5493006Y7F6PDF56ZN56</lei>
        <title>KY LOUMED 5 10/01/2042</title>
        <cusip>54659LDA9</cusip>
        <identifiers>
          <isin value="US54659LDA98"/>
          <ticker value="LOUMED"/>
          <other otherDesc="Internal" value="54659LDA"/>
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        <balance>2750000</balance>
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        <curCd>USD</curCd>
        <valUSD>2925037.5</valUSD>
        <pctVal>0.4185042109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>WARREN (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY WARMED 5 04/01/2032</title>
        <cusip>934864BJ7</cusip>
        <identifiers>
          <isin value="US934864BJ78"/>
          <ticker value="WARMED"/>
          <other otherDesc="Internal" value="934864BJ"/>
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        <balance>1200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1327224</valUSD>
        <pctVal>0.1898946023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>WARREN (KY), COUNTY OF</name>
        <lei>N/A</lei>
        <title>KY WARMED 5 04/01/2043</title>
        <cusip>934864CL1</cusip>
        <identifiers>
          <isin value="US934864CL16"/>
          <ticker value="WARMED"/>
          <other otherDesc="Internal" value="934864CL"/>
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        <balance>875000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>946111.25</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>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>BOYLE CNTY KY EDL FACS</name>
        <lei>N/A</lei>
        <title>KY BYLEDU 5.25 06/01/2043</title>
        <cusip>10346PAT3</cusip>
        <identifiers>
          <isin value="US10346PAT30"/>
          <ticker value="BYLEDU"/>
          <other otherDesc="Internal" value="10346PAT"/>
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        <balance>2000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2087680</valUSD>
        <pctVal>0.2986980068</pctVal>
        <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>5.250000000000</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>EASTERN KENTUCKY UNIVERSITY (KY)</name>
        <lei>N/A</lei>
        <title>KY EKYHGR 4.5 04/01/2032</title>
        <cusip>276552DL7</cusip>
        <identifiers>
          <isin value="US276552DL75"/>
          <ticker value="EKYHGR"/>
          <other otherDesc="Internal" value="276552DL"/>
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        <balance>840000</balance>
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        <curCd>USD</curCd>
        <valUSD>840184.8</valUSD>
        <pctVal>0.1202107244</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>EASTERN KENTUCKY UNIVERSITY (KY)</name>
        <lei>N/A</lei>
        <title>KY EKYHGR 5 10/01/2026</title>
        <cusip>276552GD2</cusip>
        <identifiers>
          <isin value="US276552GD23"/>
          <ticker value="EKYHGR"/>
          <other otherDesc="Internal" value="276552GD"/>
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        <balance>655000</balance>
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        <curCd>USD</curCd>
        <valUSD>659316.45</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>5.000000000000</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>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSMED 5 06/01/2033</title>
        <cusip>491208AA2</cusip>
        <identifiers>
          <isin value="US491208AA25"/>
          <ticker value="KYSMED"/>
          <other otherDesc="Internal" value="491208AA"/>
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        <balance>1345000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1379835.5</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>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSMED 5 06/01/2034</title>
        <cusip>491208AB0</cusip>
        <identifiers>
          <isin value="US491208AB08"/>
          <ticker value="KYSMED"/>
          <other otherDesc="Internal" value="491208AB"/>
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        <balance>1605000</balance>
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        <curCd>USD</curCd>
        <valUSD>1644466.95</valUSD>
        <pctVal>0.2352846223</pctVal>
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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>5.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KYSMED 5 06/01/2035</title>
        <cusip>491208AC8</cusip>
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          <isin value="US491208AC80"/>
          <ticker value="KYSMED"/>
          <other otherDesc="Internal" value="491208AC"/>
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        <balance>2165000</balance>
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        <curCd>USD</curCd>
        <valUSD>2210984.6</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>5.000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
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        <title>KY KYSMED 5 06/01/2036</title>
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          <isin value="US491208AD63"/>
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        <curCd>USD</curCd>
        <valUSD>2890452.6</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
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        <title>KY KYSMED 5 06/01/2038</title>
        <cusip>491208AE4</cusip>
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          <isin value="US491208AE47"/>
          <ticker value="KYSMED"/>
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        <balance>1340000</balance>
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        <curCd>USD</curCd>
        <valUSD>1359282.6</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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      <invstOrSec>
        <name>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KSYEDU 4 06/01/2029</title>
        <cusip>49120ABA6</cusip>
        <identifiers>
          <isin value="US49120ABA60"/>
          <ticker value="KSYEDU"/>
          <other otherDesc="Internal" value="49120ABA"/>
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        <balance>320000</balance>
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        <curCd>USD</curCd>
        <valUSD>327075.2</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      <invstOrSec>
        <name>KENTUCKY BD DEV CORP</name>
        <lei>N/A</lei>
        <title>KY KSYEDU 4 06/01/2030</title>
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          <isin value="US49120ABB44"/>
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        <curCd>USD</curCd>
        <valUSD>174149.7</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KSYEDU 4 06/01/2038</title>
        <cusip>49120ABJ7</cusip>
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          <isin value="US49120ABJ79"/>
          <ticker value="KSYEDU"/>
          <other otherDesc="Internal" value="49120ABJ"/>
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        <balance>200000</balance>
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        <curCd>USD</curCd>
        <valUSD>195722</valUSD>
        <pctVal>0.0280032243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY BOND DEVELOPMENT CORP (KY)</name>
        <lei>N/A</lei>
        <title>KY KSYEDU 4 06/01/2046</title>
        <cusip>49120ABN8</cusip>
        <identifiers>
          <isin value="US49120ABN81"/>
          <ticker value="KSYEDU"/>
          <other otherDesc="Internal" value="49120ABN"/>
        </identifiers>
        <balance>2545000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2288667.6</valUSD>
        <pctVal>0.3274546149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MURRAY STATE UNIV KY GEN RCPTS</name>
        <lei>N/A</lei>
        <title>KY MURHGR 3 09/01/2039</title>
        <cusip>627175HK1</cusip>
        <identifiers>
          <isin value="US627175HK16"/>
          <ticker value="MURHGR"/>
          <other otherDesc="Internal" value="627175HK"/>
        </identifiers>
        <balance>1390000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1223839.4</valUSD>
        <pctVal>0.1751026927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MURRAY STATE UNIV KY GEN RCPTS</name>
        <lei>N/A</lei>
        <title>KY MURHGR 3 09/01/2041</title>
        <cusip>627175HL9</cusip>
        <identifiers>
          <isin value="US627175HL98"/>
          <ticker value="MURHGR"/>
          <other otherDesc="Internal" value="627175HL"/>
        </identifiers>
        <balance>1470000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1257129.3</valUSD>
        <pctVal>0.1798656960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MURRAY ST UNIV KY GEN RCPTS</name>
        <lei>N/A</lei>
        <title>KY MURHGR 4 03/01/2043</title>
        <cusip>627175JF0</cusip>
        <identifiers>
          <isin value="US627175JF03"/>
          <ticker value="MURHGR"/>
          <other otherDesc="Internal" value="627175JF"/>
        </identifiers>
        <balance>1410000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1406531.4</valUSD>
        <pctVal>0.2012416298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF KENTUCKY (KY)</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
        <title>KY UKYHGR 4 10/01/2030</title>
        <cusip>914378MC5</cusip>
        <identifiers>
          <isin value="US914378MC57"/>
          <ticker value="UKYHGR"/>
          <other otherDesc="Internal" value="914378MC"/>
        </identifiers>
        <balance>90000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90016.2</valUSD>
        <pctVal>0.0128792054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF KENTUCKY (KY)</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
        <title>KY UKYHGR 4 10/01/2032</title>
        <cusip>914378ME1</cusip>
        <identifiers>
          <isin value="US914378ME14"/>
          <ticker value="UKYHGR"/>
          <other otherDesc="Internal" value="914378ME"/>
        </identifiers>
        <balance>750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750030</valUSD>
        <pctVal>0.1073116886</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF KENTUCKY (KY)</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
        <title>KY UKYHGR 4 10/01/2036</title>
        <cusip>914378MJ0</cusip>
        <identifiers>
          <isin value="US914378MJ01"/>
          <ticker value="UKYHGR"/>
          <other otherDesc="Internal" value="914378MJ"/>
        </identifiers>
        <balance>8160000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8159918.4</valUSD>
        <pctVal>1.1674927967</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF KENTUCKY (KY)</name>
        <lei>549300CXE3YQ1HXYCQ71</lei>
        <title>KY UKYHGR 4 10/01/2038</title>
        <cusip>914378ML5</cusip>
        <identifiers>
          <isin value="US914378ML56"/>
          <ticker value="UKYHGR"/>
          <other otherDesc="Internal" value="914378ML"/>
        </identifiers>
        <balance>10855000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10855108.55</valUSD>
        <pctVal>1.5531112467</pctVal>
        <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>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Dupree Mutual Funds</ncom:nameOfApplicant>
      <ncom:signature>Michelle Dragoo</ncom:signature>
      <ncom:signerName>Michelle Dragoo</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
