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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV</name>
        <lei>N/A</lei>
        <title>MASS SCH BLDNG AUTH 5% 8/15/28</title>
        <cusip>576000NF6</cusip>
        <identifiers>
          <isin value="US576000NF64"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55232.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA AIRPORT REV</name>
        <lei>N/A</lei>
        <title>PHIL PA AIRPORT 5% 7/1/2031 @</title>
        <cusip>717817XM7</cusip>
        <identifiers>
          <isin value="US717817XM74"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110464.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST BLDG AUTH REV</name>
        <lei>N/A</lei>
        <title>MI BLDG 5% 10/15/2028</title>
        <cusip>594615FJ0</cusip>
        <identifiers>
          <isin value="US594615FJ03"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27418.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MIAMI-DADE CNTY FL EDL FAC REV</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE EFA 4% 4/1/2045</title>
        <cusip>59333AMB4</cusip>
        <identifiers>
          <isin value="US59333AMB43"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92269.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
        <title>LA DWAP CA WTR 5% 7/1/2025</title>
        <cusip>544525K56</cusip>
        <identifiers>
          <isin value="US544525K567"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2028</title>
        <cusip>544495Y40</cusip>
        <identifiers>
          <isin value="US544495Y408"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5538.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBAC 5% 6/1/2040</title>
        <cusip>38122NA28</cusip>
        <identifiers>
          <isin value="US38122NA282"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10822.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>FULTON CNTY GA DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>FULTON CNY GA 5% 6/15/2044</title>
        <cusip>36005FCR4</cusip>
        <identifiers>
          <isin value="US36005FCR47"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21785.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MICHIGAN FIN AUTH RE</name>
        <lei>N/A</lei>
        <title>MICHIGAN FIN AU 5% 11/15/2023</title>
        <cusip>59447TLY7</cusip>
        <identifiers>
          <isin value="US59447TLY72"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57310.23000000</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>2023-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5.25% 6/15/2049</title>
        <cusip>64972GSJ4</cusip>
        <identifiers>
          <isin value="US64972GSJ49"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70901.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>ALASKA ST HSG FIN CORP</name>
        <lei>N/A</lei>
        <title>AK HFC 5% 12/1/2030</title>
        <cusip>011839NT0</cusip>
        <identifiers>
          <isin value="US011839NT06"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>82331.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MINNESOTA ST</name>
        <lei>N/A</lei>
        <title>MN ST 5% 8/1/2028</title>
        <cusip>60412AEE9</cusip>
        <identifiers>
          <isin value="US60412AEE91"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119310.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV</name>
        <lei>N/A</lei>
        <title>MWAA DULLES TOL 4% 10/1/2053</title>
        <cusip>592643DJ6</cusip>
        <identifiers>
          <isin value="US592643DJ62"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39536.10000000</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>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 5/1/40</title>
        <cusip>64971WM64</cusip>
        <identifiers>
          <isin value="US64971WM640"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15808.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 5% 8/1/2026</title>
        <cusip>207758UT8</cusip>
        <identifiers>
          <isin value="US207758UT81"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118674.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST TOLL HWY AU HWY RV</name>
        <lei>N/A</lei>
        <title>ILL ST TOLL 5% 1/1/2036</title>
        <cusip>452252MP1</cusip>
        <identifiers>
          <isin value="US452252MP13"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54076.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/2032</title>
        <cusip>64972GQW7</cusip>
        <identifiers>
          <isin value="US64972GQW77"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10803.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CENTRAL TX REGL MOBILITY AUTH REV</name>
        <lei>N/A</lei>
        <title>CTR TX RMA 3.375% 1/1/2041</title>
        <cusip>155498EQ7</cusip>
        <identifiers>
          <isin value="US155498EQ72"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16694.87000000</valUSD>
        <pctVal>0.013371186858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</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>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 4% 6/1/2031</title>
        <cusip>20772KKU2</cusip>
        <identifiers>
          <isin value="US20772KKU24"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31515.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 11/1/2031</title>
        <cusip>13063DBX5</cusip>
        <identifiers>
          <isin value="US13063DBX57"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111467.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK ST URBAN DEV CORP REV</name>
        <lei>N/A</lei>
        <title>NYS UDC 5% 3/15/2042</title>
        <cusip>6500358B7</cusip>
        <identifiers>
          <isin value="US6500358B71"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16140.30000000</valUSD>
        <pctVal>0.012927022926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>FLORIDA ST DEPT TRANSN TPK REV</name>
        <lei>N/A</lei>
        <title>FLORIDA ST TPK 2.625% 7/1/2027</title>
        <cusip>343137BG9</cusip>
        <identifiers>
          <isin value="US343137BG92"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59633.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</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>LOUISIANA PUB FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>LA PFA REV 0% 10/1/2046</title>
        <cusip>5463988B7</cusip>
        <identifiers>
          <isin value="US5463988B71"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32004.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BAY AREA TOLL AU CA BRIDGE REV</name>
        <lei>N/A</lei>
        <title>BATA CA 4% 4/1/2038</title>
        <cusip>072024VN9</cusip>
        <identifiers>
          <isin value="US072024VN90"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75123.02000000</valUSD>
        <pctVal>0.060167221294</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>0.04000000</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>CITY OF FRESNO UNIFIED SCHOOL</name>
        <lei>N/A</lei>
        <title>FRESNO CA USD 4% 8/1/2041</title>
        <cusip>3582323J3</cusip>
        <identifiers>
          <isin value="US3582323J35"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>147922.44000000</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>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>ALASKA ST</name>
        <lei>N/A</lei>
        <title>AK ST SER B 5% 8/1/23</title>
        <cusip>011770Z98</cusip>
        <identifiers>
          <isin value="US011770Z983"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101888.96000000</valUSD>
        <pctVal>0.081604488261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ANTELOPE VALLEY CA CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>ANTELOPE VLY CA CCD 3% 8/1/50</title>
        <cusip>03667PHA3</cusip>
        <identifiers>
          <isin value="US03667PHA30"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42447.94000000</valUSD>
        <pctVal>0.033997230136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 5/1/2041</title>
        <cusip>64971XQL5</cusip>
        <identifiers>
          <isin value="US64971XQL54"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>109720.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 4% 9/1/2035</title>
        <cusip>207758VX8</cusip>
        <identifiers>
          <isin value="US207758VX84"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45371.04000000</valUSD>
        <pctVal>0.036338387408</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>0.04000000</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>ATLANTA GA ARPT REV</name>
        <lei>N/A</lei>
        <title>ATLANTA GA ARPT 0% 7/1/2049 @</title>
        <cusip>04780MVX4</cusip>
        <identifiers>
          <isin value="US04780MVX46"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>116540.58000000</valUSD>
        <pctVal>0.093339203704</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>0.04000000</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>WASHOE CNTY NEV SCH DIST</name>
        <lei>N/A</lei>
        <title>WASHOE CNY 3.125% 10/1/2040</title>
        <cusip>940859BQ3</cusip>
        <identifiers>
          <isin value="US940859BQ32"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43917.64000000</valUSD>
        <pctVal>0.035174336236</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>0.03125000</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>LIBERTY NY DEV CORP REV</name>
        <lei>N/A</lei>
        <title>LIBERTY GOLDMAN SACHS 5.25% 10/1/2035</title>
        <cusip>531127AC2</cusip>
        <identifiers>
          <isin value="US531127AC24"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129093.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>SACRAMENTO CA FIN AUTH</name>
        <lei>N/A</lei>
        <title>SACRAMENTO CA CITY FING AUTH REV CAP APPREC TAX ALLOCATION FGIC</title>
        <cusip>785849QM5</cusip>
        <identifiers>
          <isin value="US785849QM56"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61226.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TENNESSEE ST SCH BD AUTH</name>
        <lei>N/A</lei>
        <title>TN SCH BND 5% 11/1/2042</title>
        <cusip>880558JT9</cusip>
        <identifiers>
          <isin value="US880558JT90"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113599.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>UTILITY DEBT SECURITIZATION AUTH N Y</name>
        <lei>N/A</lei>
        <title>UTILITY DEBT SE 5% 12/15/2038</title>
        <cusip>91802REJ4</cusip>
        <identifiers>
          <isin value="US91802REJ41"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27585.64000000</valUSD>
        <pctVal>0.022093777731</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YUBA CA</name>
        <lei>N/A</lei>
        <title>YUBA CA CCD 3% 8/1/2036</title>
        <cusip>988176HQ9</cusip>
        <identifiers>
          <isin value="US988176HQ98"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>151074.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN ANTONIO TX ELEC and GAS REV</name>
        <lei>N/A</lei>
        <title>SAN ANTONIO E and G 5% 2/1/2029</title>
        <cusip>7962536G2</cusip>
        <identifiers>
          <isin value="US7962536G23"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65895.31000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SPL OBLIG</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE CNTY FL SPL OBLIG CAP APPREC-SUB</title>
        <cusip>59333NNR0</cusip>
        <identifiers>
          <isin value="US59333NNR07"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3193.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUTH BROWARD HOSP DIST FL REV</name>
        <lei>N/A</lei>
        <title>S BROWARD HOSP 5% 5/1/2028</title>
        <cusip>836753MS9</cusip>
        <identifiers>
          <isin value="US836753MS91"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60849.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE ST</name>
        <lei>N/A</lei>
        <title>DELAWARE ST 3.25% 03/01/2037</title>
        <cusip>246381KN6</cusip>
        <identifiers>
          <isin value="US246381KN66"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3847.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DENVER CO CITY and CNTY ARPT</name>
        <lei>N/A</lei>
        <title>DENVER CO ARPT 5% 11/15/2028</title>
        <cusip>249182GC4</cusip>
        <identifiers>
          <isin value="US249182GC45"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45587.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 4% 6/15/2036</title>
        <cusip>6461364T5</cusip>
        <identifiers>
          <isin value="US6461364T52"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19906.17000000</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>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>SAN JOSE CA USD SANTA CLARA</name>
        <lei>N/A</lei>
        <title>SAN JOSE CA USD 4% 8/1/2039</title>
        <cusip>798186B76</cusip>
        <identifiers>
          <isin value="US798186B768"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156320.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>JACKSONVILLE FLA SPL REV</name>
        <lei>N/A</lei>
        <title>JACKSONVILLE F 5% 10/1/2029</title>
        <cusip>469487PQ9</cusip>
        <identifiers>
          <isin value="US469487PQ93"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28458.36000000</valUSD>
        <pctVal>0.022792753057</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SONOMA CNTY CALIF JR COLLEGE</name>
        <lei>N/A</lei>
        <title>SONOMA JR CLG 3% 8/1/2036</title>
        <cusip>835569GF5</cusip>
        <identifiers>
          <isin value="US835569GF58"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>181109.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV</name>
        <lei>N/A</lei>
        <title>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV SR LIEN-CABS ESCROWED TO MATURITY</title>
        <cusip>798111BA7</cusip>
        <identifiers>
          <isin value="US798111BA77"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56803.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 11/1/2030</title>
        <cusip>13063CGB0</cusip>
        <identifiers>
          <isin value="US13063CGB00"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25974.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ALABAMA FED AID HWY FIN AUTH SPL OBLIG REV</name>
        <lei>N/A</lei>
        <title>ALABAMA FEDERAL 3.10% 9/1/2029</title>
        <cusip>010268AP5</cusip>
        <identifiers>
          <isin value="US010268AP56"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71560.39000000</valUSD>
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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>0.03100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PORT OAKLAND CALIF REV</name>
        <lei>N/A</lei>
        <title>PORT OAKLAND CA 5% 11/1/2026</title>
        <cusip>735000SB8</cusip>
        <identifiers>
          <isin value="US735000SB81"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32803.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5.25% 7/1/2031</title>
        <cusip>452152SZ5</cusip>
        <identifiers>
          <isin value="US452152SZ57"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86493.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MICHIGAN FIN AUTH RE</name>
        <lei>N/A</lei>
        <title>MICHIGAN FIN AU 3% 11/15/2033</title>
        <cusip>59447TMJ9</cusip>
        <identifiers>
          <isin value="US59447TMJ96"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220171.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>CLACKAMAS CNTY ORE SCH DIS NO 46 OREGON TRAIL</name>
        <lei>N/A</lei>
        <title>CLACKAMAS CNTY OR SCH DIS NO 46 OR TRAIL CAP APPREC</title>
        <cusip>179126DB0</cusip>
        <identifiers>
          <isin value="US179126DB05"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22359.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WEST CONTRA COSTA CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
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        <cusip>952347UV2</cusip>
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          <isin value="US952347UV29"/>
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        <balance>60000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 5/1/31</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
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        <cusip>64972GHT4</cusip>
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          <isin value="US64972GHT40"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TENNESSEE ENGY ACQ CRP GAS REV</name>
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          <isin value="US880443EC69"/>
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        <balance>10000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEPT ARPTS REV</name>
        <lei>N/A</lei>
        <title>LA CA AIRPT 5% 5/15/2025 @</title>
        <cusip>544445QP7</cusip>
        <identifiers>
          <isin value="US544445QP78"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 2/1/2032</title>
        <cusip>93974DEZ7</cusip>
        <identifiers>
          <isin value="US93974DEZ78"/>
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        <balance>110000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 4% 9/1/2032</title>
        <cusip>57582RLC8</cusip>
        <identifiers>
          <isin value="US57582RLC87"/>
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        <balance>75000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UTILITY DEBT SECURITIZATION AUTH N Y</name>
        <lei>N/A</lei>
        <title>UTILITY DEBT SE 5% 12/15/41</title>
        <cusip>91802REM7</cusip>
        <identifiers>
          <isin value="US91802REM79"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54868.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>MET PIER and EXPO 0% 12/15/2026</title>
        <cusip>592247J27</cusip>
        <identifiers>
          <isin value="US592247J272"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV</name>
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        <identifiers>
          <isin value="US13034AKF65"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH RV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FIN AT 4% 12/1/2031</title>
        <cusip>45204EBR8</cusip>
        <identifiers>
          <isin value="US45204EBR80"/>
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        <balance>25000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>MARIN CALIF HEALTHCARE DIST</name>
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          <isin value="US56782TBK79"/>
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          <maturityDt>2047-08-01</maturityDt>
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        <name>FOOTHILL/ESTRN TRANSN CA TOLL</name>
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        <name>LIBERTY NY DEV CORP REV</name>
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        <title>LIBERTY NY DEV CORP REV GOLDMAN SACHS HEADQUARTERS G=GOLDMAN SACHS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
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          <isin value="US452152N317"/>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 11/1/2040</title>
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          <isin value="US57582RQL32"/>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
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          <isin value="US574193RF70"/>
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        <balance>50000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2028</title>
        <cusip>64966MRU5</cusip>
        <identifiers>
          <isin value="US64966MRU52"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11150.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WISCONSIN ST</name>
        <lei>N/A</lei>
        <title>WI ST 5% 5/1/2023</title>
        <cusip>97705MFC4</cusip>
        <identifiers>
          <isin value="US97705MFC47"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46256.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 3.50% 6/1/2030</title>
        <cusip>452152D73</cusip>
        <identifiers>
          <isin value="US452152D730"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58946.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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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>SIERRA CA JT CMTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>SIERRA CA CCD 2% 8/1/2046</title>
        <cusip>826239HK4</cusip>
        <identifiers>
          <isin value="US826239HK42"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64240.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>PORTLAND OR SWR SYS REV</name>
        <lei>N/A</lei>
        <title>PORTLAND OR SWR 3% 10/1/2028</title>
        <cusip>736742VT1</cusip>
        <identifiers>
          <isin value="US736742VT12"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110882.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>BELMONT MASS</name>
        <lei>N/A</lei>
        <title>BELMONT MA 4% 3/15/2049</title>
        <cusip>080401RF1</cusip>
        <identifiers>
          <isin value="US080401RF19"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134064.50000000</valUSD>
        <pctVal>0.107374389890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>ARLINGTO CO VA</name>
        <lei>N/A</lei>
        <title>ARLNGTN CNTY VA 4% 6/15/2035</title>
        <cusip>041431TT4</cusip>
        <identifiers>
          <isin value="US041431TT41"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5213.26000000</valUSD>
        <pctVal>0.004175382833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 6/1/2041</title>
        <cusip>93974EDS2</cusip>
        <identifiers>
          <isin value="US93974EDS28"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>139444.64000000</valUSD>
        <pctVal>0.111683429569</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>0.05000000</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>GEORGIA ST</name>
        <lei>N/A</lei>
        <title>GA ST 3% 7/1/2033</title>
        <cusip>373385CS0</cusip>
        <identifiers>
          <isin value="US373385CS02"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24620.20000000</valUSD>
        <pctVal>0.019718709680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>SOUTH CAROLINA TRANSN INFRA BK</name>
        <lei>N/A</lei>
        <title>SC TRANS 5% 10/1/2038</title>
        <cusip>837152UU9</cusip>
        <identifiers>
          <isin value="US837152UU92"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92447.67000000</valUSD>
        <pctVal>0.074042808969</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>0.05000000</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>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2035</title>
        <cusip>6461396T7</cusip>
        <identifiers>
          <isin value="US6461396T70"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>118153.85000000</valUSD>
        <pctVal>0.094631297300</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>0.05000000</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>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 5% 12/1/2033</title>
        <cusip>709224EX3</cusip>
        <identifiers>
          <isin value="US709224EX37"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57573.84000000</valUSD>
        <pctVal>0.046111803972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>WEST VA PKWYS AUTH TPK TOLL REV</name>
        <lei>N/A</lei>
        <title>WEST VA PKWYS A 4% 6/1/2051</title>
        <cusip>956510BZ3</cusip>
        <identifiers>
          <isin value="US956510BZ38"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97295.08000000</valUSD>
        <pctVal>0.077925176719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>WEST VA COMMR OF HWYS SPL OBLIG</name>
        <lei>N/A</lei>
        <title>WV ST GARVEE 5% 9/1/2029</title>
        <cusip>95649ACP7</cusip>
        <identifiers>
          <isin value="US95649ACP75"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72042.31000000</valUSD>
        <pctVal>0.057699831667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2029</title>
        <cusip>544495F58</cusip>
        <identifiers>
          <isin value="US544495F589"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42164.16000000</valUSD>
        <pctVal>0.033769946221</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>0.05000000</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>ILLINOIS ST TOLL HWY AU HWY RV</name>
        <lei>N/A</lei>
        <title>ILL ST TOLL 5% 1/1/2030</title>
        <cusip>452252JM2</cusip>
        <identifiers>
          <isin value="US452252JM29"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104905.21000000</valUSD>
        <pctVal>0.084020250850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOUISIANA ST GRNT ANTIC REV</name>
        <lei>N/A</lei>
        <title>LOUISIANA ST GR 5% 9/1/2033</title>
        <cusip>54641CAZ8</cusip>
        <identifiers>
          <isin value="US54641CAZ86"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114367.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MISSISSIPPI DEV BK SPL OBLG</name>
        <lei>N/A</lei>
        <title>MISSISSIPPI DEV 5% 8/1/2026</title>
        <cusip>60534WBZ0</cusip>
        <identifiers>
          <isin value="US60534WBZ05"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71003.37000000</valUSD>
        <pctVal>0.056867728100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI LEASE DEV REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN ATY 5% 3/1/2046</title>
        <cusip>74444YAW4</cusip>
        <identifiers>
          <isin value="US74444YAW49"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/2024</title>
        <cusip>544646S78</cusip>
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          <isin value="US544646S788"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH CO</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO HEALTH 4% 8/1/2039</title>
        <cusip>19648FJZ8</cusip>
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          <isin value="US19648FJZ80"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81752.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST BLDG AUTH REV</name>
        <lei>N/A</lei>
        <title>MI BLDG 5% 4/15/2036</title>
        <cusip>594615FT8</cusip>
        <identifiers>
          <isin value="US594615FT84"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122885.19000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST TRANSN FD REV</name>
        <lei>N/A</lei>
        <title>MA ST TRANS REV 3% 6/1/2050</title>
        <cusip>57604THL3</cusip>
        <identifiers>
          <isin value="US57604THL35"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145816.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>PALO ALTO CALIF UNI SCH DIST</name>
        <lei>N/A</lei>
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        <cusip>697379TM7</cusip>
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          <isin value="US697379TM74"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23379.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLEVELAND CNTY OKLA EDL FACS AUTH EDL FACS LEASE REV</name>
        <lei>549300XEV4DVO42DUA84</lei>
        <title>CLEVELAND CNTN 5% 6/1/2025</title>
        <cusip>18604TDV7</cusip>
        <identifiers>
          <isin value="US18604TDV70"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118595.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>JACKSONVILLE FLA SPL REV</name>
        <lei>N/A</lei>
        <title>JACKSONVILLE FL SPL REV JACKSONVILLE F 5% 10/1/2028</title>
        <cusip>469487JV5</cusip>
        <identifiers>
          <isin value="US469487JV52"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68911.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CA EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>CA EDL FACS 5% 10/1/2043</title>
        <cusip>130179RD8</cusip>
        <identifiers>
          <isin value="US130179RD89"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106137.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FIN CORP NJ</name>
        <lei>N/A</lei>
        <title>NJ TOBACCO 4% 6/1/2037</title>
        <cusip>888808HN5</cusip>
        <identifiers>
          <isin value="US888808HN57"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29149.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5.25% 1/1/2033</title>
        <cusip>167593PQ9</cusip>
        <identifiers>
          <isin value="US167593PQ94"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101211.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST SER A</title>
        <cusip>452152JQ5</cusip>
        <identifiers>
          <isin value="US452152JQ59"/>
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        <balance>35000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA WTR and SWR AU</name>
        <lei>N/A</lei>
        <title>DC W and S 5% 10/1/2044</title>
        <cusip>254845QE3</cusip>
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          <isin value="US254845QE32"/>
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      <invstOrSec>
        <name>ORANGE CNTY FL HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>ORANGE CNTY FL 4% 10/1/2045</title>
        <cusip>68450LER2</cusip>
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          <isin value="US68450LER24"/>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH SR LIVING HEALTH FAC REV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH CO</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO HEALTH 5% 8/1/2026</title>
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          <isin value="US19648FJL94"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 5/1/2041</title>
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          <isin value="US57582RWT93"/>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CENTRAL PLAINS ENERGY PROJ NE GAS PROJ REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK ST URBAN DEV CORP REV</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>PRIVATE COLGS and UNVS ATH GA RV</name>
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      <invstOrSec>
        <name>MICHIGAN FIN AUTH RE</name>
        <lei>N/A</lei>
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          <isin value="US59447TMQ30"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SPRINGFIELD MO PUB UTIL REV</name>
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          <isin value="US851018KU40"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
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        <cusip>709224C98</cusip>
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          <isin value="US709224C987"/>
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        <balance>50000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 3% 10/1/2041</title>
        <cusip>13032UFM5</cusip>
        <identifiers>
          <isin value="US13032UFM53"/>
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        <balance>50000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REV</name>
        <lei>N/A</lei>
        <title>CA ST UNIV REV 5% 11/1/2033</title>
        <cusip>13077CW67</cusip>
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          <isin value="US13077CW672"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>METROPOLITAN WASH DC ARPTS ATH</name>
        <lei>N/A</lei>
        <title>MTRO WA DC ARPT 5% 10/1/2036 @</title>
        <cusip>592647KF7</cusip>
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          <isin value="US592647KF71"/>
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        <balance>140000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
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        <cusip>574193QE1</cusip>
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        <balance>30000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CA DEPT ARPTS REV</name>
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        <title>LA CA AIRPT 5% 5/15/2033 @</title>
        <cusip>544445FV6</cusip>
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          <isin value="US544445FV65"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
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        <cusip>70914PUS9</cusip>
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        <name>LOS ANGELES CALIF WTR and PWR RE</name>
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        <name>LONG BEACH CA BD FIN AUTH NAT GAS PUR REV</name>
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        <title>LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV SER A</title>
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        <name>CHICAGO IL</name>
        <lei>N/A</lei>
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        <name>LOS ANGELES CALIF WTR and PWR RE</name>
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        <name>CHICAGO IL BOARD OF EDUCATION</name>
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      <invstOrSec>
        <name>UNIVERSITY UT UNIV REVS</name>
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        <name>TEXAS WTR DEV BRD</name>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
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      <invstOrSec>
        <name>NEW YORK N Y CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
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      <invstOrSec>
        <name>PALM BEACH CO FL PUB IMPT REV</name>
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          <isin value="US696543QX85"/>
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      <invstOrSec>
        <name>NEW YORK ST TWY AUTH GEN REV</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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          <isin value="US837151XB02"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US64990BNU34"/>
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        <balance>50000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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      <invstOrSec>
        <name>MISSOURI ST HEFA EDL FACS REV</name>
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          <isin value="US60637AMJ87"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MICHIGAN HSG DEV RENTAL HSG</name>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
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          <isin value="US59261ANC70"/>
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          <couponKind>Fixed</couponKind>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>CALIFORNIA ST</name>
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          <isin value="US13063DZL53"/>
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        <name>NY CONVENTION CTR DEV CORP REV</name>
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          <isin value="US649451GA34"/>
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      <invstOrSec>
        <name>ELK GROVE CALIF UNI SCH DIST CTFS PARTN</name>
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          <isin value="US287286BJ63"/>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <cusip>93974EBR6</cusip>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REV</name>
        <lei>N/A</lei>
        <title>CA ST UNIV REV 5% 11/1/2026</title>
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          <isin value="US13077C3Z55"/>
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        <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>0.05000000</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>DENVER CO CITY and CNTY ARPT</name>
        <lei>N/A</lei>
        <title>DENVER CO ARPT 5% 11/15/28 @</title>
        <cusip>249182KN5</cusip>
        <identifiers>
          <isin value="US249182KN53"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32806.13000000</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>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IL FIN 5% 10/1/2030</title>
        <cusip>45203HA77</cusip>
        <identifiers>
          <isin value="US45203HA770"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110470.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA HO 4% 7/1/2037</title>
        <cusip>717901BK7</cusip>
        <identifiers>
          <isin value="US717901BK79"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5023.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>IDAHO HSG and FIN ASSN</name>
        <lei>N/A</lei>
        <title>ID HFA 4% 7/15/2038</title>
        <cusip>45129WQG8</cusip>
        <identifiers>
          <isin value="US45129WQG86"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104745.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OHIO ST HOSP FAC REV ACTING</name>
        <lei>N/A</lei>
        <title>OH HOSP DA 5% 1/1/33</title>
        <cusip>677561KK7</cusip>
        <identifiers>
          <isin value="US677561KK75"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43920.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ILLINOIS FIN AUTH RV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FIN AT 5% 10/1/2048</title>
        <cusip>45204ED70</cusip>
        <identifiers>
          <isin value="US45204ED704"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21472.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NY MTA DEDICATED TAX FUND</name>
        <lei>N/A</lei>
        <title>NY MTA DED 3% 11/15/2028</title>
        <cusip>59259NR70</cusip>
        <identifiers>
          <isin value="US59259NR702"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190365.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>PALM BEACH CNTY FL HEALTH FACS AUTH RETIREMENT CMNTY REV</name>
        <lei>N/A</lei>
        <title>PALM BEACH C 5% 11/15/2032</title>
        <cusip>69650MAV1</cusip>
        <identifiers>
          <isin value="US69650MAV19"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26132.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 5.50% 12/1/2031</title>
        <cusip>7092237L9</cusip>
        <identifiers>
          <isin value="US7092237L99"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26280.62000000</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>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV</name>
        <lei>N/A</lei>
        <title>NC TPK TRIANGLE 5% 1/1/2031</title>
        <cusip>65830RBZ1</cusip>
        <identifiers>
          <isin value="US65830RBZ10"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90261.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>WASHINGTON DC MET AREA TRAN AU</name>
        <lei>N/A</lei>
        <title>DC MET TRAN 5% 7/1/2029</title>
        <cusip>938782ER6</cusip>
        <identifiers>
          <isin value="US938782ER67"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11082.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/2023</title>
        <cusip>5446466A5</cusip>
        <identifiers>
          <isin value="US5446466A52"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98126.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEPT ARPTS REV</name>
        <lei>N/A</lei>
        <title>LA CA AIRPT 5% 5/15/2036 @</title>
        <cusip>544445JJ9</cusip>
        <identifiers>
          <isin value="US544445JJ91"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53590.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX</name>
        <lei>N/A</lei>
        <title>HARRIS CNY TX 5% 8/15/2028</title>
        <cusip>414005VH8</cusip>
        <identifiers>
          <isin value="US414005VH87"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107707.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FLA AVIAT REV</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE AVI 5% 10/1/2030 @</title>
        <cusip>59333PC55</cusip>
        <identifiers>
          <isin value="US59333PC553"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45387.35000000</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>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MASS BAY TRAN AUTH SLS TAX</name>
        <lei>N/A</lei>
        <title>MBTA SLS TAX 5% 7/1/2033</title>
        <cusip>575579ZD2</cusip>
        <identifiers>
          <isin value="US575579ZD24"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5289.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SALT VERDE FINL CORP GAS REV AZ</name>
        <lei>N/A</lei>
        <title>SALT VERDE AZ FINL CORP SR GASGUARANTOR CITIGROUP</title>
        <cusip>79575EAJ7</cusip>
        <identifiers>
          <isin value="US79575EAJ73"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20706.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>ILLINOIS FIN AUTHRV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FN RV 4% 8/1/2043</title>
        <cusip>45204FNM3</cusip>
        <identifiers>
          <isin value="US45204FNM31"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69915.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 3.25% 11/1/2026</title>
        <cusip>452152Q53</cusip>
        <identifiers>
          <isin value="US452152Q534"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40034.59000000</valUSD>
        <pctVal>0.032064339745</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>0.03250000</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>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 4% 6/15/2032</title>
        <cusip>64577BBU7</cusip>
        <identifiers>
          <isin value="US64577BBU70"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5187.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PA ST 5% 3/15/29</title>
        <cusip>70914PXC1</cusip>
        <identifiers>
          <isin value="US70914PXC12"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63384.95000000</valUSD>
        <pctVal>0.050766014377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LEHIGH CNTY PA AUTH WTR and SWR REV</name>
        <lei>N/A</lei>
        <title>LEHIGH CNTY PA 5% 12/1/2043</title>
        <cusip>524803BF9</cusip>
        <identifiers>
          <isin value="US524803BF91"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62369.32000000</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>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>WESTMINSTER CALIF REDEV AGY SUCCESSOR AGY TAX ALLOCATION</name>
        <lei>N/A</lei>
        <title>WESTMINSTER CAL 3% 11/1/2041</title>
        <cusip>96062CAW6</cusip>
        <identifiers>
          <isin value="US96062CAW64"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104695.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>LOUISIANA LOC GOVT ENVIRONMENTAL FACS and CMNTY DV AUTH</name>
        <lei>N/A</lei>
        <title>LOUISIANA LC 4% 10/1/2041</title>
        <cusip>54628CAS1</cusip>
        <identifiers>
          <isin value="US54628CAS17"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48524.36000000</valUSD>
        <pctVal>0.038863931539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>SEQUOIA CALIF UN HIGH SCH DIST</name>
        <lei>N/A</lei>
        <title>SEQUOIA CA UHSD 3% 7/1/2031</title>
        <cusip>817409J89</cusip>
        <identifiers>
          <isin value="US817409J897"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143809.85000000</valUSD>
        <pctVal>0.115179595672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>WAKE CNTY N C</name>
        <lei>N/A</lei>
        <title>WAKE CNTY N C 3% 3/1/2036</title>
        <cusip>930864BM4</cusip>
        <identifiers>
          <isin value="US930864BM48"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46403.51000000</valUSD>
        <pctVal>0.037165309049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>HOUSTON TX UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX UTIL 5% 11/15/2025</title>
        <cusip>44244CGH4</cusip>
        <identifiers>
          <isin value="US44244CGH43"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>109122.79000000</valUSD>
        <pctVal>0.087398177738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV PUB HIGHER ED FING PROG</name>
        <lei>N/A</lei>
        <title>VIRGINIA COLLEG 3% 9/1/2026</title>
        <cusip>92778WMZ6</cusip>
        <identifiers>
          <isin value="US92778WMZ67"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56293.74000000</valUSD>
        <pctVal>0.045086551526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>IOWA ST SPL OBLIG</name>
        <lei>N/A</lei>
        <title>IA ST SPL OBLIG 5% 6/1/2033</title>
        <cusip>46257TEV7</cusip>
        <identifiers>
          <isin value="US46257TEV70"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33795.76000000</valUSD>
        <pctVal>0.027067561590</pctVal>
        <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>0.05000000</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>HILLSBOROUGH CNTY FLA INDL DEV</name>
        <lei>N/A</lei>
        <title>HILLSBR FL IDA 5% 10/01/2028</title>
        <cusip>43233AEL6</cusip>
        <identifiers>
          <isin value="US43233AEL61"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25503.95000000</valUSD>
        <pctVal>0.020426519108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 3% 3/1/2028</title>
        <cusip>13063DUJ5</cusip>
        <identifiers>
          <isin value="US13063DUJ52"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50860.40000000</valUSD>
        <pctVal>0.040734903121</pctVal>
        <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>0.03000000</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>NEW JERSEY EDA ST LEASE REV</name>
        <lei>N/A</lei>
        <title>NJ EDA ST LEASE 5% 6/15/2026</title>
        <cusip>64578ELR6</cusip>
        <identifiers>
          <isin value="US64578ELR61"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16010.97000000</valUSD>
        <pctVal>0.012823440473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>UTAH TRAN AUTH SALES TAX REV</name>
        <lei>N/A</lei>
        <title>UT TRANSIT 5% 6/15/2029</title>
        <cusip>917567AR0</cusip>
        <identifiers>
          <isin value="US917567AR09"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16236.50000000</valUSD>
        <pctVal>0.013004071036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBAC SEC 5% 6/1/30</title>
        <cusip>38122NXS6</cusip>
        <identifiers>
          <isin value="US38122NXS60"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41199.32000000</valUSD>
        <pctVal>0.032997190523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>0.05000000</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>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST TRANSN TR FD CAP APPREC-TRANSN SYS-SER C AMBAC</title>
        <cusip>646136EM9</cusip>
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          <isin value="US646136EM98"/>
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        <curCd>USD</curCd>
        <valUSD>27923.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LONG ISLAND PWR AUTH NY ELEC</name>
        <lei>N/A</lei>
        <title>LONG ISLAND NY PWR AUTH SER B</title>
        <cusip>5426902G6</cusip>
        <identifiers>
          <isin value="US5426902G68"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35187.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY ST</name>
        <lei>N/A</lei>
        <title>NJ ST 4% 6/1/2034</title>
        <cusip>646039VN4</cusip>
        <identifiers>
          <isin value="US646039VN45"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10132.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NYS DORM CNDT 5% 7/1/2022</title>
        <cusip>6499074C3</cusip>
        <identifiers>
          <isin value="US6499074C37"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85000.00000000</valUSD>
        <pctVal>0.068077851636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>FRANKLIN CNTY OHIO CONVENTIONFACS AUTH HOTEL PROJ REV</name>
        <lei>N/A</lei>
        <title>FRANKLIN CY 5% 12/1/2044</title>
        <cusip>35317DAM7</cusip>
        <identifiers>
          <isin value="US35317DAM74"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131206.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/2023</title>
        <cusip>13063CVK3</cusip>
        <identifiers>
          <isin value="US13063CVK34"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25897.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>N/A</lei>
        <title>NEW YORK STATE 5% 7/1/2040</title>
        <cusip>64990BQJ5</cusip>
        <identifiers>
          <isin value="US64990BQJ51"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242299.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV</name>
        <lei>N/A</lei>
        <title>GRAND PARKWAY T 0% 10/1/2046</title>
        <cusip>38611TAR8</cusip>
        <identifiers>
          <isin value="US38611TAR86"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41985.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST TRANSN TR FD AUTH CAP APPREC-TRANSN SYS-SER</title>
        <cusip>646136XJ5</cusip>
        <identifiers>
          <isin value="US646136XJ58"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20353.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILLSBOROUGH CNTY FL SCH BRD</name>
        <lei>N/A</lei>
        <title>HILLSB FL SB 5% 7/1/2029</title>
        <cusip>43232VVC2</cusip>
        <identifiers>
          <isin value="US43232VVC26"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83706.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MICHIGAN FIN AUTH RE</name>
        <lei>N/A</lei>
        <title>MICHIGAN FIN AU(MCLAREN HLTHCRE) 4% 2/15/47</title>
        <cusip>59447TVD2</cusip>
        <identifiers>
          <isin value="US59447TVD26"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37673.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
        <lei>N/A</lei>
        <title>NYC TFA BARB 5% 7/15/2035</title>
        <cusip>64972HZW5</cusip>
        <identifiers>
          <isin value="US64972HZW59"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38057.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROOKHAVEN GA DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>BROOKHAVEN GA D 5% 7/1/2026</title>
        <cusip>113073AG5</cusip>
        <identifiers>
          <isin value="US113073AG54"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22032.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIVERSIDE CNTY CALIF PUB FING AUTH LEASE REV</name>
        <lei>N/A</lei>
        <title>RIVERSIDE CNT 4.125% 11/1/2040</title>
        <cusip>76912KCE0</cusip>
        <identifiers>
          <isin value="US76912KCE01"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106345.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LANCASTER CNTY PA HOSP AUT REV</name>
        <lei>N/A</lei>
        <title>LANCASTER H AUT 5% 8/15/2042</title>
        <cusip>514045M26</cusip>
        <identifiers>
          <isin value="US514045M261"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10476.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST GRANT ANTIC REV</name>
        <lei>N/A</lei>
        <title>NC ST GARVEE 5% 3/1/2031</title>
        <cusip>658268EC7</cusip>
        <identifiers>
          <isin value="US658268EC79"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50155.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK DORM 5% 7/1/2030</title>
        <cusip>64990GUX8</cusip>
        <identifiers>
          <isin value="US64990GUX86"/>
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        <balance>20000.00000000</balance>
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        <valUSD>22713.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST TRANSN TR FD CAP APPREC-TRANSN SYS-SER C FSA</title>
        <cusip>646136ES6</cusip>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA CCD</name>
        <lei>N/A</lei>
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        <cusip>54438CRT1</cusip>
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          <isin value="US54438CRT17"/>
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        <valUSD>10615.14000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MIAMI-DADE CO FL TRAN SYS SALES SURTAX REV</name>
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        <identifiers>
          <isin value="US59334PHD24"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VIRGINIA SMALL BUSINESS FING AUTH REV</name>
        <lei>N/A</lei>
        <title>VA ST SBFA 4% 7/1/2039 @</title>
        <cusip>928104PR3</cusip>
        <identifiers>
          <isin value="US928104PR33"/>
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        <curCd>USD</curCd>
        <valUSD>102543.69000000</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>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST BRD ED PUB ED</name>
        <lei>N/A</lei>
        <title>FBE PUB ED 4% 6/1/2030</title>
        <cusip>34153QSD9</cusip>
        <identifiers>
          <isin value="US34153QSD96"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37737.47000000</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>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK STATE URBAN DEVELOPMENT CORP</name>
        <lei>N/A</lei>
        <title>NY STATE UR D 4% 3/15/2049</title>
        <cusip>650036AP1</cusip>
        <identifiers>
          <isin value="US650036AP19"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81591.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>CITY HSG DEV CO 3.45% 5/1/2059</title>
        <cusip>64972EHN2</cusip>
        <identifiers>
          <isin value="US64972EHN22"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8089.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03450000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST D 3% 2/15/2049</title>
        <cusip>64990FPX6</cusip>
        <identifiers>
          <isin value="US64990FPX68"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95475.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KNOX CNTY TENN HEALTH EDL and HSG FAC BRD HOSP REV</name>
        <lei>N/A</lei>
        <title>KNOX TN HOSP 5% 01/01/2025</title>
        <cusip>499527BL2</cusip>
        <identifiers>
          <isin value="US499527BL28"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60691.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>GAINESVILLE and HALL CNTY GA HSP ATH REV ANTIC CTFS (CUSIP) BBL 11/15/01</name>
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        <title>N E GA HLTH SYS INC PROJ-REF-S</title>
        <cusip>362762LC8</cusip>
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          <isin value="US362762LC88"/>
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        <valUSD>57607.73000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-08-15</maturityDt>
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      <invstOrSec>
        <name>NEW YORK LIBERTY DEV CORP LIB</name>
        <lei>N/A</lei>
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          <isin value="US649519DG72"/>
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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>2069-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTD DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DR 5% 10/1/38</title>
        <cusip>64990C6Q9</cusip>
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          <isin value="US64990C6Q97"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>HOUSTON TX HIGHER ED</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ED 5% 9/1/2042</title>
        <cusip>442378FK6</cusip>
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          <isin value="US442378FK66"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
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        <name>COMPTON CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>COMPTON CA USD 3% 6/1/2049</title>
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          <isin value="US204736FT43"/>
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        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2026</title>
        <cusip>64966MHY8</cusip>
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        <invCountry>US</invCountry>
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        <name>COLORADO HEALTH FACS AUTH CO</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO HEALTH 4% 8/1/2037</title>
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          <isin value="US19648FJX33"/>
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      <invstOrSec>
        <name>BEXAR CNTY TX REV</name>
        <lei>N/A</lei>
        <title>BEXAR CNTY 4% 8/15/2051</title>
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          <isin value="US088518LB95"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 3% 6/1/2029</title>
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        <balance>90000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>FLORIDA ST BRD ED PUB ED</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES CA MUN IMP CRP LSE</name>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MISSOURI ST HEFA EDL FACS REV</name>
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        <cusip>60637AKS0</cusip>
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          <isin value="US60637AKS05"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV</name>
        <lei>N/A</lei>
        <title>GRAND PARKWAY T 0% 10/1/2048</title>
        <cusip>38611TAT4</cusip>
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          <isin value="US38611TAT43"/>
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        <curCd>USD</curCd>
        <valUSD>31509.34000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-01</maturityDt>
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        <name>NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV</name>
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        <title>NM HOSP EQP 5% MT</title>
        <cusip>647370JT3</cusip>
        <identifiers>
          <isin value="US647370JT32"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>TEXAS STATE</name>
        <lei>N/A</lei>
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        <cusip>8827236X2</cusip>
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          <isin value="US8827236X29"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111839.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
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        <cusip>64971XCK2</cusip>
        <identifiers>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>164721.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CA UN 0% 7/1/2030</title>
        <cusip>797356AP7</cusip>
        <identifiers>
          <isin value="US797356AP77"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37434.99000000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV</name>
        <lei>N/A</lei>
        <title>TX PABSTC 4% 6/30/2040</title>
        <cusip>882667BV9</cusip>
        <identifiers>
          <isin value="US882667BV98"/>
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        <balance>100000.00000000</balance>
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        <valUSD>91689.36000000</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>2040-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>CLARK CNTY NV ARPT REV</name>
        <lei>N/A</lei>
        <title>CLARK NV ARPT 5% 7/1/2042</title>
        <cusip>18085PRY2</cusip>
        <identifiers>
          <isin value="US18085PRY24"/>
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        <balance>40000.00000000</balance>
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        <valUSD>43334.98000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>LOUISIANA ST GRNT ANTIC REV</name>
        <lei>N/A</lei>
        <title>LOUISIANA ST GR 5% 9/1/2029</title>
        <cusip>54641CAK1</cusip>
        <identifiers>
          <isin value="US54641CAK18"/>
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        <balance>30000.00000000</balance>
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        <valUSD>33866.24000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MIAMI-DADE CTY FL HLTH HSP REV</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE HLTH 5% 8/1/2047</title>
        <cusip>59334NDZ2</cusip>
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          <isin value="US59334NDZ24"/>
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        <balance>110000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WASHINGTON ST HEALTH CARE FACS AUTH REV</name>
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        <title>WA ST HLTH CAR 5% 10/1/2038</title>
        <cusip>93978HKN4</cusip>
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          <isin value="US93978HKN43"/>
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          <couponKind>Fixed</couponKind>
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        <name>INDIANA BOND BANK</name>
        <lei>549300TZMGETS4ELEI93</lei>
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          <isin value="US454624VY00"/>
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        <balance>70000.00000000</balance>
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        <valUSD>48235.36000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTH CAROLINA ST</name>
        <lei>N/A</lei>
        <title>NC ST 5% 6/1/2027</title>
        <cusip>658256Z62</cusip>
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          <isin value="US658256Z627"/>
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        <balance>70000.00000000</balance>
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      <invstOrSec>
        <name>UNIVERSITY UT UNIV REVS</name>
        <lei>N/A</lei>
        <title>UNIV UTAH REV 4% 8/1/2041</title>
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          <isin value="US915183S999"/>
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        <balance>145000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST TPK AUTH CENT TX TPK SYS REV</name>
        <lei>N/A</lei>
        <title>TEXAS ST TPK AUTH CENT TEX TPKSYS REV CAP APPREC-FIRST TIER-SER A AMBAC</title>
        <cusip>882762AT4</cusip>
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          <ticker value="TXSTRN"/>
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        <balance>35000.00000000</balance>
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        <valUSD>26523.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONG ISLAND PWR AUTH NY ELEC</name>
        <lei>N/A</lei>
        <title>LIPA NY 5% 9/1/2035</title>
        <cusip>542691BR0</cusip>
        <identifiers>
          <isin value="US542691BR03"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22075.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MINNESOTA ST</name>
        <lei>N/A</lei>
        <title>MN ST 5% 10/1/2028</title>
        <cusip>60412ALD3</cusip>
        <identifiers>
          <isin value="US60412ALD36"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27944.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>INDIANA MUN PWR AGY PWR SUPPLY</name>
        <lei>N/A</lei>
        <title>IN MUNI PWR 5% 1/1/2039</title>
        <cusip>454898UP0</cusip>
        <identifiers>
          <isin value="US454898UP01"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245847.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NORTH CAROLINA ST GRANT ANTIC REV</name>
        <lei>N/A</lei>
        <title>NC ST GARVEE 5% 3/1/2034</title>
        <cusip>658268EF0</cusip>
        <identifiers>
          <isin value="US658268EF01"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44190.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CLEVELAND TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>CLEVELND TX ISD 4% 2/15/52</title>
        <cusip>186612SZ1</cusip>
        <identifiers>
          <isin value="US186612SZ14"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148214.97000000</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>2052-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 5% 6/15/2041</title>
        <cusip>64577BTL8</cusip>
        <identifiers>
          <isin value="US64577BTL89"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56911.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2038</title>
        <cusip>59259YD22</cusip>
        <identifiers>
          <isin value="US59259YD220"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75762.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>BAY AREA TOLL AU CA BRIDGE REV</name>
        <lei>N/A</lei>
        <title>BATA CA 4% 4/1/2034</title>
        <cusip>072024VJ8</cusip>
        <identifiers>
          <isin value="US072024VJ88"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>97304.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>DISTRICT COLUMBIA INCOME TAX REV</name>
        <lei>N/A</lei>
        <title>DC INCOME TAX 5% 10/1/2033</title>
        <cusip>25477GQE8</cusip>
        <identifiers>
          <isin value="US25477GQE88"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231162.10000000</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>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CALIFORNIA STWD CMNTY DV AU RV</name>
        <lei>N/A</lei>
        <title>CA STWD 3.5% 3/1/2038</title>
        <cusip>13080SWF7</cusip>
        <identifiers>
          <isin value="US13080SWF72"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66699.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>PITTSBURGH PA WTR and SWR AUTH</name>
        <lei>N/A</lei>
        <title>PITTSBURGH PA WTR and SWR AUTH WTR and SWR SYS REV UNREFUNDED BALANCE-SER B</title>
        <cusip>725304QN2</cusip>
        <identifiers>
          <ticker value="PITUTL"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16100.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TOBACCO SETTLEMENT FIN CORP NJ</name>
        <lei>N/A</lei>
        <title>NJ TOBACCO 5% 6/1/2029</title>
        <cusip>888808HE5</cusip>
        <identifiers>
          <isin value="US888808HE58"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139413.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CNTY CA MTA SLS TX</name>
        <lei>N/A</lei>
        <title>LA CA MTA SALES 5% 7/1/44</title>
        <cusip>54466HHF6</cusip>
        <identifiers>
          <isin value="US54466HHF64"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49257.75000000</valUSD>
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        <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>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 7/1/2022</title>
        <cusip>452152SN2</cusip>
        <identifiers>
          <isin value="US452152SN28"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALOMAR POMERADO HEALTH CALIF</name>
        <lei>N/A</lei>
        <title>PALOMAR POMERADO HEALTH CALIF CAP APPREC ELEC OF 2004 SER A AGC</title>
        <cusip>69753RCS1</cusip>
        <identifiers>
          <isin value="US69753RCS13"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160400.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IMPERIAL CA IRR DIST ELEC REV</name>
        <lei>N/A</lei>
        <title>IMPERIAL CA IRR 5% 11/1/2046</title>
        <cusip>452650HH0</cusip>
        <identifiers>
          <isin value="US452650HH00"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149534.90000000</valUSD>
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        <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>0.05000000</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>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
        <lei>N/A</lei>
        <title>NYC TFA BARB 5% 7/15/2026</title>
        <cusip>64972HYJ5</cusip>
        <identifiers>
          <isin value="US64972HYJ57"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54093.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>OHIO ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>OH TPK 0% 2/15/2041</title>
        <cusip>67760HKC4</cusip>
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        <name>TEXAS STATE</name>
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      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK NY CITY IDA REV</name>
        <lei>N/A</lei>
        <title>NEW YORK NY CITY INDL DEV AGY REV CAP APPREC-YANKEE STADIUM PILO/ I=AGC</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>LEANDER TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>LEANDER TX ISD 0% 8/16/2044</title>
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          <isin value="US521841C208"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY</name>
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        <title>NEW JERSEY EDUC 5% 6/15/2023</title>
        <cusip>646066ED8</cusip>
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          <isin value="US646066ED85"/>
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        <balance>125000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CUYAHOGA CNTY OHIO HOSP REV</name>
        <lei>N/A</lei>
        <title>CUYAHOGA HOSP 5% 2/15/2042</title>
        <cusip>2322655Q7</cusip>
        <identifiers>
          <isin value="US2322655Q77"/>
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        <valUSD>101731.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>PHOENIX AZ CVC IMP CRP APR REV</name>
        <lei>N/A</lei>
        <title>PHX CVC APT REV 5% 7/1/2044 @</title>
        <cusip>71883MPY4</cusip>
        <identifiers>
          <isin value="US71883MPY48"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297830.39000000</valUSD>
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        <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>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HLTH FACS FIN AUTH</name>
        <lei>N/A</lei>
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          <isin value="US13033LYS05"/>
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        <balance>80000.00000000</balance>
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        <valUSD>80340.71000000</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>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 5% 11/15/2033</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSITY AL GEN REV</name>
        <lei>N/A</lei>
        <title>UNIV AL 3% 7/1/2035</title>
        <cusip>914026TB5</cusip>
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          <isin value="US914026TB57"/>
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        <balance>10000.00000000</balance>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <name>CHARLOTTE NC WTR and SWR SYS REV</name>
        <lei>N/A</lei>
        <title>CHARLTT NC WTSW 4% 7/1/2047</title>
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          <isin value="US161045PF03"/>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
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        <cusip>64971XK64</cusip>
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        <name>MASSACHUSETTS ST TRANSN FD REV</name>
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        <name>CENTRAL TEXAS TURNPIKE</name>
        <lei>N/A</lei>
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        <name>MIAMI-DADE CNTY FL SPL OBLIG</name>
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        <name>LOS ANGELES CA DEPT ARPTS REV</name>
        <lei>N/A</lei>
        <title>LA CA AIRPT 5% 5/15/34@</title>
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          <isin value="US544445FE41"/>
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        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HONOLULU HI CTY and CNTY WASTEWTR SYS REV</name>
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          <isin value="US438701T531"/>
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        <valUSD>102225.50000000</valUSD>
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      <invstOrSec>
        <name>BROOKLYN ARENA LOCAL DEV CORP N Y</name>
        <lei>N/A</lei>
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          <isin value="US113807BQ39"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY GO</name>
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          <isin value="US64966LQ958"/>
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        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WM S HART CALIF UN HIGH SCH DI</name>
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          <isin value="US969275QS87"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
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        <cusip>64972GFA7</cusip>
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          <isin value="US64972GFA76"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99734.73000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTHSIDE TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>NTHSIDE TX ISD 4% 8/15/2036</title>
        <cusip>66702RWW8</cusip>
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          <isin value="US66702RWW86"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125304.25000000</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>2036-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
        <lei>N/A</lei>
        <title>PHILA PA SD 5% 9/1/2026</title>
        <cusip>717883TB8</cusip>
        <identifiers>
          <isin value="US717883TB80"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120325.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GAINESVILLE FL UTILS SYS REV</name>
        <lei>N/A</lei>
        <title>GAINSV FL UTIL 5% 10/1/2046</title>
        <cusip>362848UU5</cusip>
        <identifiers>
          <isin value="US362848UU59"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110127.77000000</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>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH WASTEWATER UTIL REV</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>IN ST FA WWTR 3% 10/1/2040</title>
        <cusip>45505MJW7</cusip>
        <identifiers>
          <isin value="US45505MJW73"/>
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        <balance>45000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REV</name>
        <lei>N/A</lei>
        <title>IL SALES TAX 5% 6/15/23</title>
        <cusip>452227GX3</cusip>
        <identifiers>
          <isin value="US452227GX39"/>
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        <balance>140000.00000000</balance>
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        <valUSD>143193.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>NJ HEALTH CARE FACS FING AUTH ST CONTRACT</name>
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        <title>NJ HLTH CR FAC 5% 10/1/2027</title>
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          <isin value="US64580ABP57"/>
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        <name>PAULDING CNTY GA WTR and SEW REV</name>
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          <isin value="US70360PEW77"/>
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        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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          <isin value="US73358W6G47"/>
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        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 5% 11/15/2026</title>
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        <name>METRO WASTEWTR RECLAMATION DIST CO SWR REV</name>
        <lei>N/A</lei>
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          <isin value="US59164GFL14"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA FIN AUTH SINGLE FAMILY MTG REV</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST MTG AGY HOMEOWNERMTG REV</name>
        <lei>549300ZQWNLLIG564027</lei>
        <title>NEW YORK ST MTG 2.85% 10/1/2044</title>
        <cusip>64988YCB1</cusip>
        <identifiers>
          <isin value="US64988YCB11"/>
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        <curCd>USD</curCd>
        <valUSD>19392.05000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENERGY NORWTHWEST WA ELEC REV</name>
        <lei>N/A</lei>
        <title>ENERGY NW/WPPS 5% 7/1/2033</title>
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          <isin value="US29270CZ405"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSITY OKLA REVS</name>
        <lei>N/A</lei>
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          <isin value="US91476PNK02"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST DEPT WTR RES CEN</name>
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        <cusip>13067WQT2</cusip>
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          <isin value="US13067WQT26"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG BEACH CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LONG BEACH CA UNIF SCH DIST REF</title>
        <cusip>542433NT0</cusip>
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          <isin value="US542433NT00"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105269.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2025</title>
        <cusip>59259YTU3</cusip>
        <identifiers>
          <isin value="US59259YTU37"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5047.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
        <lei>N/A</lei>
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        <cusip>64577XAB2</cusip>
        <identifiers>
          <isin value="US64577XAB29"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5284.73000000</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>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YK 4% 12/1/2041</title>
        <cusip>64966QAZ3</cusip>
        <identifiers>
          <isin value="US64966QAZ37"/>
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        <balance>50000.00000000</balance>
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        <valUSD>49299.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <name>SAN DIEGO CA UNI SCH DIST</name>
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        <title>SAN DIEGO CA UNI SCD REF-ELECTION 1998-SER G-1 FSA</title>
        <cusip>797355ZE7</cusip>
        <identifiers>
          <isin value="US797355ZE72"/>
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        <balance>5000.00000000</balance>
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        <valUSD>5674.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DESCHUTES and JEFRSN CNTYS OR SD</name>
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        <title>DESCHUTES and JEFFERSON CNTYS OR SCH DIST NO 02J REDMOND DEFERRED INT</title>
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          <isin value="US250343GF12"/>
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        <balance>40000.00000000</balance>
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        <valUSD>35979.31000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HOUSTON TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ISD G=PSF 5% 2/15/23</title>
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          <isin value="US442403LW97"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>FLORIDA ST BRD ED PUB ED</name>
        <lei>N/A</lei>
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          <isin value="US34153QET94"/>
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        <balance>25000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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        <name>OHIO ST HOSP FAC REV ACTING</name>
        <lei>N/A</lei>
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          <isin value="US677561LV22"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HAWAII ST DPT BG and FIN SPL PR RV</name>
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        <title>HI DBF 4% 7/1/2040</title>
        <cusip>419800LM7</cusip>
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          <isin value="US419800LM70"/>
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        <balance>35000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI HOSP REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN WIS 3% 6/1/2036</title>
        <cusip>74442CBR4</cusip>
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          <isin value="US74442CBR43"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39077.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 4/1/2027</title>
        <cusip>452152WU1</cusip>
        <identifiers>
          <isin value="US452152WU15"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56704.57000000</valUSD>
        <pctVal>0.045415591806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>EDMOND OK PUB WKS AUTH SALES TAX and UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>EDMOND OK PUBS 4% 7/1/2047</title>
        <cusip>28112NJB2</cusip>
        <identifiers>
          <isin value="US28112NJB29"/>
        </identifiers>
        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144350.15000000</valUSD>
        <pctVal>0.115612330533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>ILLINOIS FIN AUTHRV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FN RV 4.125% 5/1/2045</title>
        <cusip>45204FHX6</cusip>
        <identifiers>
          <isin value="US45204FHX69"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119575.83000000</valUSD>
        <pctVal>0.095770183694</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>0.04125000</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>ALLEG CNTY PA DEV AUTH</name>
        <lei>N/A</lei>
        <title>ALLGNY CNTY HDA 5% 4/1/2027</title>
        <cusip>01728A3M6</cusip>
        <identifiers>
          <isin value="US01728A3M64"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>109106.22000000</valUSD>
        <pctVal>0.087384906561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 9/1/2033</title>
        <cusip>57582RZG4</cusip>
        <identifiers>
          <isin value="US57582RZG46"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57358.96000000</valUSD>
        <pctVal>0.045939703163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SAN ANTONIO TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN ANTONIO ISD 5% 8/15/2030</title>
        <cusip>796269B49</cusip>
        <identifiers>
          <isin value="US796269B491"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56454.20000000</valUSD>
        <pctVal>0.045215066492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ATRIUM HEALTH</name>
        <lei>N/A</lei>
        <title>ATRIUM HEALTH 5% MT</title>
        <cusip>160853VF1</cusip>
        <identifiers>
          <isin value="US160853VF16"/>
        </identifiers>
        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>159282.71000000</valUSD>
        <pctVal>0.127572055289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05000000</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>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>TX WTR 4% 10/15/2037</title>
        <cusip>882854J45</cusip>
        <identifiers>
          <isin value="US882854J456"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40959.58000000</valUSD>
        <pctVal>0.032805178945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>PENNSYLVANIA HSG FIN AGY SINGL E FAMILY MTG</name>
        <lei>N/A</lei>
        <title>PA HFA SF 3.45% 10/1/2032</title>
        <cusip>7087965V5</cusip>
        <identifiers>
          <isin value="US7087965V53"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4947.29000000</valUSD>
        <pctVal>0.003962363230</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>0.03450000</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>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST D 5% 2/15/2039</title>
        <cusip>64990FWV2</cusip>
        <identifiers>
          <isin value="US64990FWV20"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16117.97000000</valUSD>
        <pctVal>0.012909138474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MONTGOMERY CNTY MD</name>
        <lei>N/A</lei>
        <title>MONTGMRY CO MD 3% 12/1/2029</title>
        <cusip>6133405G9</cusip>
        <identifiers>
          <isin value="US6133405G95"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70388.63000000</valUSD>
        <pctVal>0.056375373059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 7/1/26</title>
        <cusip>57582RNY8</cusip>
        <identifiers>
          <isin value="US57582RNY89"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44225.15000000</valUSD>
        <pctVal>0.035420625885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOUISIANA PUB FAC AUTH HSP REV</name>
        <lei>N/A</lei>
        <title>LA PFA HOSP 5% 6/1/2045</title>
        <cusip>546395S88</cusip>
        <identifiers>
          <isin value="US546395S889"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51398.44000000</valUSD>
        <pctVal>0.041165827913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5.25% 8/1/2025</title>
        <cusip>64966KP31</cusip>
        <identifiers>
          <isin value="US64966KP317"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15534.34000000</valUSD>
        <pctVal>0.012441699926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>CLARK CNTY NV HWY IMPT REV</name>
        <lei>N/A</lei>
        <title>CLARK CO NV HWY 5% 7/1/2030</title>
        <cusip>181000PW4</cusip>
        <identifiers>
          <isin value="US181000PW45"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11083.14000000</valUSD>
        <pctVal>0.008876663065</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>0.05000000</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>ILLINOIS ST TOLL HWY AU HWY RV</name>
        <lei>N/A</lei>
        <title>ILL ST TOLL 5% 1/1/2030</title>
        <cusip>452252NW5</cusip>
        <identifiers>
          <isin value="US452252NW54"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57306.66000000</valUSD>
        <pctVal>0.045897815261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST DEP 4% 8/1/2051 @</title>
        <cusip>57421FBB2</cusip>
        <identifiers>
          <isin value="US57421FBB22"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>91076.01000000</valUSD>
        <pctVal>0.072944224663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 3.25% 11/1/2043</title>
        <cusip>64971XKQ0</cusip>
        <identifiers>
          <isin value="US64971XKQ06"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>123197.41000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CTY FL SP FR FAC TX</name>
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        <title>MIAMI-DADE CNTY FLA PROFESIONLSPORTS FRANCHISE CAP APPREC C AGC</title>
        <cusip>59333HCB0</cusip>
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          <isin value="US59333HCB06"/>
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        <curCd>USD</curCd>
        <valUSD>4387.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>E-470 PUB HWY AUTH COLO REV</name>
        <lei>N/A</lei>
        <title>E-470 PUB HWY AUTH COLO REV CAP APPREC-SR-SER B MBIA</title>
        <cusip>26822LDX9</cusip>
        <identifiers>
          <isin value="US26822LDX91"/>
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        <curCd>USD</curCd>
        <valUSD>14075.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NORWALK LA MIRADA CA UNI SCH</name>
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        <cusip>669096MZ9</cusip>
        <identifiers>
          <isin value="US669096MZ93"/>
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        <valUSD>57393.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEMPHIS-SHELBY CNTY TENN INDLDEV BRD ECONOMIC DEV GROWTH ENGINE TDZ REV</name>
        <lei>N/A</lei>
        <title>MI-SHBY TN ECO 5% 11/1/2030</title>
        <cusip>586108AG7</cusip>
        <identifiers>
          <isin value="US586108AG76"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87084.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 4% 11/15/2034</title>
        <cusip>59261AQF7</cusip>
        <identifiers>
          <isin value="US59261AQF74"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52691.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TOLL 5% 1/1/2027</title>
        <cusip>66285WNE2</cusip>
        <identifiers>
          <isin value="US66285WNE20"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106076.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV</name>
        <lei>N/A</lei>
        <title>KENTUCKY INC KY 4% 8/1/2027</title>
        <cusip>74440DCL6</cusip>
        <identifiers>
          <isin value="US74440DCL64"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50617.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NORTHAMPTON CNTY PA GP COLLEGE</name>
        <lei>N/A</lei>
        <title>NORTHMPTN PA GP 3.125% 11/1/2034</title>
        <cusip>66353LDH7</cusip>
        <identifiers>
          <isin value="US66353LDH78"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56966.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTHEASTERN OHIO LOC SCH DISTCLARK CNTY</name>
        <lei>N/A</lei>
        <title>NORTH OH 664482 4% 12/1/2055</title>
        <cusip>664482GT7</cusip>
        <identifiers>
          <isin value="US664482GT76"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62456.86000000</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>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONROE TX ISD</name>
        <lei>N/A</lei>
        <title>CONROE TX ISD 2.25% 2/15/2046</title>
        <cusip>208418U92</cusip>
        <identifiers>
          <isin value="US208418U926"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77314.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>NEW JERSEY EDUC 5% 6/15/2024</title>
        <cusip>646066EE6</cusip>
        <identifiers>
          <isin value="US646066EE68"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5225.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY NV</name>
        <lei>N/A</lei>
        <title>CLARK COUNTY NV 5% 11/1/2027</title>
        <cusip>180848RY1</cusip>
        <identifiers>
          <isin value="US180848RY15"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55252.57000000</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>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>GEORGIA ST</name>
        <lei>N/A</lei>
        <title>GA ST 5% 1/1/2026</title>
        <cusip>3733846F8</cusip>
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          <isin value="US3733846F85"/>
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        <balance>25000.00000000</balance>
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        <valUSD>27405.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>TENNESSEE HSG DEV AGY RESIDENTIAL FIN PROG REV</name>
        <lei>N/A</lei>
        <title>TENNESSEE HSG D 3.875% 7/1/2035</title>
        <cusip>880461GW2</cusip>
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          <isin value="US880461GW29"/>
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        <balance>5000.00000000</balance>
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        <valUSD>4952.41000000</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>0.03875000</annualizedRt>
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        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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        <title>NJ EDA REV 5% 6/15/2030</title>
        <cusip>6459186C2</cusip>
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          <isin value="US6459186C28"/>
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        <valUSD>5289.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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          <isin value="US73358WZK34"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52509.38000000</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>2055-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
        <lei>N/A</lei>
        <title>PHILA PA SD 4% 9/1/2043</title>
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          <isin value="US717883VG40"/>
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        <balance>30000.00000000</balance>
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        <valUSD>30159.15000000</valUSD>
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        <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>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ARPT 5% 7/1/2038</title>
        <cusip>442349DD5</cusip>
        <identifiers>
          <isin value="US442349DD55"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58624.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 4% 9/1/2039</title>
        <cusip>57582RFT8</cusip>
        <identifiers>
          <isin value="US57582RFT86"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160141.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 10/15/2032</title>
        <cusip>73358WZD9</cusip>
        <identifiers>
          <isin value="US73358WZD90"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58921.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>CITY HSG DEV CO 2.40% 11/1/2050</title>
        <cusip>64972ESG5</cusip>
        <identifiers>
          <isin value="US64972ESG51"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50518.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 7/1/2024</title>
        <cusip>93974DUC0</cusip>
        <identifiers>
          <isin value="US93974DUC00"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132340.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EAST BAY CA MUN UTIL DIST WTR SYS REV</name>
        <lei>N/A</lei>
        <title>E BAY MUD WTR 5% 6/1/2027</title>
        <cusip>271014E32</cusip>
        <identifiers>
          <isin value="US271014E325"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5632.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL REV</name>
        <lei>N/A</lei>
        <title>PA HEFA 3% 8/15/2041</title>
        <cusip>70917SYT4</cusip>
        <identifiers>
          <isin value="US70917SYT40"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27855.49000000</valUSD>
        <pctVal>0.022309904887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>UNIVERSITY KA HA HLTH FAC REV</name>
        <lei>N/A</lei>
        <title>UNIV KS HLTH 4% 9/1/2048</title>
        <cusip>914367FU6</cusip>
        <identifiers>
          <isin value="US914367FU65"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46902.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>KING CNTY WA SCH DIST 210 FED</name>
        <lei>N/A</lei>
        <title>KING CNTY SD210 5% 12/1/2030</title>
        <cusip>494890B39</cusip>
        <identifiers>
          <isin value="US494890B390"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89938.60000000</valUSD>
        <pctVal>0.072033254907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 5% 11/15/2026</title>
        <cusip>13032UBA5</cusip>
        <identifiers>
          <isin value="US13032UBA51"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54142.61000000</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>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>GEORGIA ST</name>
        <lei>N/A</lei>
        <title>GA ST 5% 7/1/2027</title>
        <cusip>373385CL5</cusip>
        <identifiers>
          <isin value="US373385CL58"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5643.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>KENTUCKY ST PTY and BLDGS COMMN</name>
        <lei>N/A</lei>
        <title>KY ST PROP 5% 11/1/2028</title>
        <cusip>49151FNM8</cusip>
        <identifiers>
          <isin value="US49151FNM85"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32944.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CARMEL IND LOC PUB IMPT BD BK</name>
        <lei>N/A</lei>
        <title>CARMEL IND LOC 5% 7/15/2030</title>
        <cusip>143287AZ3</cusip>
        <identifiers>
          <isin value="US143287AZ35"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48957.89000000</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>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/2033</title>
        <cusip>167593A28</cusip>
        <identifiers>
          <isin value="US167593A281"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32024.84000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CALIF UNI SCH DIST CAP APPREC-ELECTION 2008-C</title>
        <cusip>797355N59</cusip>
        <identifiers>
          <isin value="US797355N591"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3832.63000000</valUSD>
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        <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>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASS BAY TRAN AUTH SLS TAX</name>
        <lei>N/A</lei>
        <title>MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV SR-SER A</title>
        <cusip>575579HC4</cusip>
        <identifiers>
          <isin value="US575579HC43"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59632.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GREENSBORO N C ENT SYS REV</name>
        <lei>N/A</lei>
        <title>GREENSBORO WTR 4% 6/1/2047</title>
        <cusip>395468KZ3</cusip>
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          <isin value="US395468KZ30"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95339.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTD DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DR 4% 7/1/2043</title>
        <cusip>64990CEC1</cusip>
        <identifiers>
          <isin value="US64990CEC10"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98299.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 4/1/2025</title>
        <cusip>13063DPA0</cusip>
        <identifiers>
          <isin value="US13063DPA09"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113160.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 9/1/2025</title>
        <cusip>4521524R9</cusip>
        <identifiers>
          <isin value="US4521524R96"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31698.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
        <title>MD ST 5% 8/1/2035</title>
        <cusip>574193TJ7</cusip>
        <identifiers>
          <isin value="US574193TJ74"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63085.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST CA ST 5% 11/1/2023</title>
        <cusip>13063CQB9</cusip>
        <identifiers>
          <isin value="US13063CQB99"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52156.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF ALA AT BIRMINGHAM GEN REV</name>
        <lei>N/A</lei>
        <title>UNIVERSITY AL 3% 10/1/2041</title>
        <cusip>914745EP5</cusip>
        <identifiers>
          <isin value="US914745EP58"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43446.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY HEALTH CARE</name>
        <lei>N/A</lei>
        <title>NJ HLTH CARE 5% 7/1/42</title>
        <cusip>645790LP9</cusip>
        <identifiers>
          <isin value="US645790LP95"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41777.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>RHODE IS ST and PROVIDENCE PLNTN</name>
        <lei>N/A</lei>
        <title>RI ST and PROV PL 4% 1/15/2033</title>
        <cusip>76222RZG0</cusip>
        <identifiers>
          <isin value="US76222RZG00"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>210199.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK DORM 4% 7/1/2037</title>
        <cusip>64990GLZ3</cusip>
        <identifiers>
          <isin value="US64990GLZ36"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125802.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA STWD CMNTY DV AU RV</name>
        <lei>N/A</lei>
        <title>CA STWD 5% 4/1/2047</title>
        <cusip>13080SSE5</cusip>
        <identifiers>
          <isin value="US13080SSE53"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56634.51000000</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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 5% 11/1/2027</title>
        <cusip>13032UMR6</cusip>
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          <isin value="US13032UMR67"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22653.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OHIO ST 5% 11/1/2030</title>
        <cusip>677522HC1</cusip>
        <identifiers>
          <isin value="US677522HC11"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53360.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST</name>
        <lei>N/A</lei>
        <title>NJ ST 4% 6/1/2027</title>
        <cusip>646039UJ4</cusip>
        <identifiers>
          <isin value="US646039UJ42"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20230.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>MET PIER and EXPO/NATL 0% 12/15/34</title>
        <cusip>592247K58</cusip>
        <identifiers>
          <isin value="US592247K585"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11689.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-15</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
        <lei>N/A</lei>
        <title>NYC TFA BARB 5% 7/15/31</title>
        <cusip>64972HF98</cusip>
        <identifiers>
          <isin value="US64972HF981"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33659.22000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROWARD CO FL ARPT</name>
        <lei>N/A</lei>
        <title>BROW CO FL ARPT 5% 10/1/2049 @</title>
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          <isin value="US114894YU61"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104103.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV</name>
        <lei>N/A</lei>
        <title>MICHIGAN MT 3.1% 12/1/2044</title>
        <cusip>594654GB5</cusip>
        <identifiers>
          <isin value="US594654GB51"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112728.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REV</name>
        <lei>N/A</lei>
        <title>CA ST UNIV REV 5% 11/1/2027</title>
        <cusip>13077CY81</cusip>
        <identifiers>
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      <invstOrSec>
        <name>EL PASO CNTY TX HOSP DIST</name>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
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        <name>JACKSONVILLE FLA SPL REV</name>
        <lei>N/A</lei>
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          <isin value="US469487PV88"/>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA WTR and SWR AU</name>
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          <isin value="US254845KM12"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OHIO ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>OH TPK 0% 2/15/2037</title>
        <cusip>67760HKG5</cusip>
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          <isin value="US67760HKG55"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV</name>
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        <title>MWAA DULLES TOL 3% 10/1/2050</title>
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          <isin value="US592643DG24"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>MET TRANSPRTN AUTH NY REVENUE TRANSN-SER C</title>
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          <isin value="US59259YPG88"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL WTR and SWR R</name>
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        <title>MIAMI-DADE WTSW 3% 10/1/2049</title>
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          <isin value="US59334DLW29"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SPRINGFIELD IL ELEC REV</name>
        <lei>N/A</lei>
        <title>SPRINGFLD IL EL 5% 3/1/2032</title>
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          <isin value="US850578TQ82"/>
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          <couponKind>Fixed</couponKind>
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        <name>OHIO ST WTR DEV ATH WTR POLL UTION CTL REV(CUSIP)</name>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <name>HOUSTON TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ISD 5% 2/15/2027</title>
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          <isin value="US442403MA68"/>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 6/1/2042</title>
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          <isin value="US25476FVK10"/>
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      <invstOrSec>
        <name>UNIVERSITY OF TEXAS UNIV REVS</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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          <isin value="US91514AGX72"/>
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        <balance>40000.00000000</balance>
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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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        <name>CALIFORNIA MUN FN AUTH REV</name>
        <lei>N/A</lei>
        <title>CALIFORNIA MN A 5% 12/31/2047 @</title>
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          <isin value="US13048VCD82"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2047-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SALEM OR HOSP FAC AUTH REV</name>
        <lei>N/A</lei>
        <title>SALEM OR OHC 5% 5/15/2029</title>
        <cusip>794458FJ3</cusip>
        <identifiers>
          <isin value="US794458FJ33"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112077.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TENNESSEE ST</name>
        <lei>N/A</lei>
        <title>TN ST 5% 8/1/2035</title>
        <cusip>880541XB8</cusip>
        <identifiers>
          <isin value="US880541XB84"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54324.00000000</valUSD>
        <pctVal>0.043508955438</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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST MUN PWR AGY PWR SYS REV</name>
        <lei>N/A</lei>
        <title>KY ST MUNI PWR 5% 9/1/2023</title>
        <cusip>491501DU3</cusip>
        <identifiers>
          <isin value="US491501DU30"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5168.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOUISIANA PUB FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>LA PFA REV 5% 6/1/2024</title>
        <cusip>546398V54</cusip>
        <identifiers>
          <isin value="US546398V549"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52723.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST STRATEGIC FD LTD OBLIG REV</name>
        <lei>N/A</lei>
        <title>MI STRAT FND 5% 12/31/2026 @</title>
        <cusip>594698QA3</cusip>
        <identifiers>
          <isin value="US594698QA33"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36810.47000000</valUSD>
        <pctVal>0.029482090768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>COCORADO COP AMBAC</name>
        <lei>N/A</lei>
        <title>COLORADO ST COP 3% 12/15/2036</title>
        <cusip>196711SG1</cusip>
        <identifiers>
          <isin value="US196711SG16"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89374.85000000</valUSD>
        <pctVal>0.071581738568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>WISCONSIN ST</name>
        <lei>N/A</lei>
        <title>WI ST 4% 5/1/2027</title>
        <cusip>97705MMW2</cusip>
        <identifiers>
          <isin value="US97705MMW28"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31727.00000000</valUSD>
        <pctVal>0.025410658810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>INDIANA MUN PWR AGY PWR SUPPLY</name>
        <lei>N/A</lei>
        <title>IN MUNI PWR 5% 1/1/2030</title>
        <cusip>454898TN7</cusip>
        <identifiers>
          <isin value="US454898TN71"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106215.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 09/01/26</title>
        <cusip>13063CR51</cusip>
        <identifiers>
          <isin value="US13063CR516"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94252.19000000</valUSD>
        <pctVal>0.075488077731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/2025</title>
        <cusip>64972GSM7</cusip>
        <identifiers>
          <isin value="US64972GSM77"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78324.35000000</valUSD>
        <pctVal>0.062731217397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOUISIANA ST</name>
        <lei>N/A</lei>
        <title>LOUISIANA 5% 4/1/2025</title>
        <cusip>546417AH9</cusip>
        <identifiers>
          <isin value="US546417AH91"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26873.76000000</valUSD>
        <pctVal>0.021523621719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>VIRGINIA COLLEGE BLDG AUTH EDL</name>
        <lei>N/A</lei>
        <title>VA COLL BLDG 5% 2/1/2028</title>
        <cusip>92778VAT5</cusip>
        <identifiers>
          <isin value="US92778VAT52"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69774.46000000</valUSD>
        <pctVal>0.055883474539</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>0.05000000</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>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 0% 1/1/2026</title>
        <cusip>167486DH9</cusip>
        <identifiers>
          <isin value="US167486DH99"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74299.84000000</valUSD>
        <pctVal>0.059507923342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 8/1/2029</title>
        <cusip>93974DSL3</cusip>
        <identifiers>
          <isin value="US93974DSL37"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10744.47000000</valUSD>
        <pctVal>0.008605416877</pctVal>
        <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>0.05000000</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>NEW YORK ST MTG AGY REV</name>
        <lei>N/A</lei>
        <title>NY ST 3.45% 10/1/2033</title>
        <cusip>64988RFH0</cusip>
        <identifiers>
          <isin value="US64988RFH03"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4897.83000000</valUSD>
        <pctVal>0.003922749930</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>0.03450000</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>HENRICO CNTY VA WTR and SWR REV</name>
        <lei>N/A</lei>
        <title>HENRICO VA W and S 5% 5/1/2046</title>
        <cusip>426170NE2</cusip>
        <identifiers>
          <isin value="US426170NE26"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187352.04000000</valUSD>
        <pctVal>0.150053228033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>WISCONSIN ST CLEAN WTR REV</name>
        <lei>N/A</lei>
        <title>WISCONSIN ST CLEAN WTR REVENUE REF-SER 2</title>
        <cusip>977092VT9</cusip>
        <identifiers>
          <isin value="US977092VT91"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87525.18000000</valUSD>
        <pctVal>0.070100308452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SOUTHWEST LICKING OHIO LOC SCHDIST</name>
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          <isin value="US845063LR57"/>
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      <invstOrSec>
        <name>FAIRFAX CNTY VA ECONOMIC DEV AUTH TRANSN CONTRACT REV</name>
        <lei>N/A</lei>
        <title>FAIRFAX VA EDA 3% 4/1/2036</title>
        <cusip>30383AEM9</cusip>
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          <isin value="US30383AEM99"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BIRMINGHAM ALA WTRWKS BRD WTR REV</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>WAYNE CNTY MICH ARPT AUTH REV</name>
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        <title>WAYNE CO MI AAR 5% 12/1/2035 @</title>
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          <isin value="US944514E388"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</name>
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          <isin value="US57584YXA27"/>
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        <balance>105000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNIVERSITY UT UNIV REVS</name>
        <lei>N/A</lei>
        <title>UNIV UTAH REV 5% 8/1/2026</title>
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          <isin value="US915183ZE03"/>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RHODE IS ST and PROVIDENCE PLNTN</name>
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          <isin value="US76222RZK12"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IL FIN(NOWESTRN HSP,IL) 4% 8/15/42</title>
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          <isin value="US45203HPU04"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TEXAS STATE</name>
        <lei>N/A</lei>
        <title>TX ST 5% 10/1/2023</title>
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          <isin value="US882723NV70"/>
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        <balance>50000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NJ EDA ELI</name>
        <lei>N/A</lei>
        <title>NJ EDA NAT GAS 3% 8/1/2041</title>
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          <isin value="US645779CG27"/>
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        <balance>110000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>CENTRAL FLA EXPWY AUTH SR LIEN REV</name>
        <lei>549300JL23Z3Z64M6K65</lei>
        <title>CENTRAL FL 3% 7/1/2037</title>
        <cusip>153476BS4</cusip>
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          <isin value="US153476BS41"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW MEXICO MTG FIN AUTH</name>
        <lei>N/A</lei>
        <title>NM MFA 3.05% 7/1/2044</title>
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          <isin value="US647201JG81"/>
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          <couponKind>Fixed</couponKind>
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        <name>HOUSTON TX UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX UTIL 5% 11/15/2029</title>
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          <isin value="US44244CMY02"/>
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        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
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        <name>MISSISSIPPI DEV BK SPL OBLG</name>
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        <title>MISSISSIPPI DEV 5% 8/1/2027</title>
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          <isin value="US60534WCA45"/>
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        <balance>50000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MICHIGAN ST TRUNK LINE FD</name>
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        <title>MI ST TRUNK FD 4% 11/15/2037</title>
        <cusip>5946952A5</cusip>
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          <isin value="US5946952A52"/>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST TOLL HWY AU HWY RV</name>
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        <cusip>452252JG5</cusip>
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          <isin value="US452252JG50"/>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REV</name>
        <lei>N/A</lei>
        <title>CA ST UNIV REV 3.125% 11/1/2036</title>
        <cusip>13077C4G6</cusip>
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          <isin value="US13077C4G65"/>
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        <balance>50000.00000000</balance>
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      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
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      <invstOrSec>
        <name>FRANKLIN CNTY OHIO SALES TAX REV</name>
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        <name>WISCONSIN ST ENVIRONMENTAL IMPT FD REV</name>
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      <invstOrSec>
        <name>UNIVERSITY AZ UNIV REVS</name>
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        <cusip>040484WY9</cusip>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV</name>
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        <cusip>39081JAN8</cusip>
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          <isin value="US39081JAN81"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
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          <isin value="US13063CES52"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>SALT VERDE FINL CORP GAS REV AZ</name>
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          <isin value="US79575EAR99"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>VA COMMLTH TRN BD GRNT ANTIC REV</name>
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        <title>VA ST GARVEE 5% 9/15/2023</title>
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          <isin value="US92778UBR05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CHILLICOTHE OHIO HOSP FACS REV</name>
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        <title>CHILLICOTHE 5% 12/1/2037</title>
        <cusip>169203AH9</cusip>
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          <isin value="US169203AH90"/>
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        <balance>100000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>N/A</lei>
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        <balance>40000.00000000</balance>
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        <name>MASSACHUSETTS ST</name>
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        <name>NEW YORK CITY GO</name>
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        <name>ILLINOIS ST TOLL HWY AU HWY RV</name>
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        <name>SAN DIEGO CA UNI SCH DIST</name>
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        <name>GWINNETT CNTY GA SCH DIST</name>
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          <isin value="US403755V732"/>
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        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV</name>
        <lei>N/A</lei>
        <title>NC MED CR COMMN 4% 10/1/2045</title>
        <cusip>65821DXQ9</cusip>
        <identifiers>
          <isin value="US65821DXQ95"/>
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        <curCd>USD</curCd>
        <valUSD>46948.04000000</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>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SPL OBLIG</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE SPL 0% 10/1/2031</title>
        <cusip>59333NZA4</cusip>
        <identifiers>
          <isin value="US59333NZA44"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3589.75000000</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>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTD DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DR 5% 7/1/2029</title>
        <cusip>64990CDS7</cusip>
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          <isin value="US64990CDS70"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65712.71000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE CMNTYS DEV AUTH SR LIVING HEALTH FAC REV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA STA 5% 1/1/2032</title>
        <cusip>13081KAN0</cusip>
        <identifiers>
          <isin value="US13081KAN00"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20924.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV</name>
        <lei>N/A</lei>
        <title>GREAT LAKES WTR 5% 7/1/2027</title>
        <cusip>39081JBT4</cusip>
        <identifiers>
          <isin value="US39081JBT43"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71657.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTEBELLO CA UNIFIED SCH DIST</name>
        <lei>N/A</lei>
        <title>MONTEBELLO USD 5% 8/1/2041</title>
        <cusip>612289TC2</cusip>
        <identifiers>
          <isin value="US612289TC25"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53104.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OH ST 5% 2/1/2029</title>
        <cusip>677522YF5</cusip>
        <identifiers>
          <isin value="US677522YF58"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27155.86000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 11/1/2025</title>
        <cusip>64971WCR9</cusip>
        <identifiers>
          <isin value="US64971WCR97"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31583.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKELAND FL HOSP SYS REV</name>
        <lei>N/A</lei>
        <title>LAKELND MED CTR 3% 11/15/2032</title>
        <cusip>511665KF7</cusip>
        <identifiers>
          <isin value="US511665KF78"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9150.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 4% 8/15/2031</title>
        <cusip>20772J2V3</cusip>
        <identifiers>
          <isin value="US20772J2V37"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15410.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS STATE</name>
        <lei>N/A</lei>
        <title>TX ST 5% 10/1/2026</title>
        <cusip>882723ZD4</cusip>
        <identifiers>
          <isin value="US882723ZD45"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108552.18000000</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>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 5% 11/15/2046 PRE</title>
        <cusip>13032UXG8</cusip>
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          <isin value="US13032UXG83"/>
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        <balance>10000.00000000</balance>
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        <valUSD>11107.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>ATLANTA GA WTR and WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>ATLANTA WTR and WST 5% 11/1/2040</title>
        <cusip>047870NE6</cusip>
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          <isin value="US047870NE64"/>
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        <issuerCat>MUN</issuerCat>
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        <name>SALT RIVER PROJ AZ AGRIC and PWR</name>
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          <isin value="US79574CCQ42"/>
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        <name>PFLUGERVILLE TX IND SCH DIST</name>
        <lei>N/A</lei>
        <title>PFLUGRVL TX ISD 5% 2/15/2027</title>
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      <invstOrSec>
        <name>VIRGINIA PORT AUTH PORT FAC RE</name>
        <lei>N/A</lei>
        <title>VA ST PORT FAC 5% 7/1/2033 AMT</title>
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          <isin value="US928077HB59"/>
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        <balance>5000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OREGON HLTH SCIENCES UNIV REV</name>
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        <title>OR HLTH SCI UNV 5% 7/1/2039</title>
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          <isin value="US685869EN56"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV</name>
        <lei>N/A</lei>
        <title>MA SCH BLDG 5% 8/15/2045</title>
        <cusip>576000YW7</cusip>
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          <isin value="US576000YW78"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-15</maturityDt>
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      <invstOrSec>
        <name>KING COUNTY WA</name>
        <lei>N/A</lei>
        <title>KING CNTY WA 5% 12/1/2029</title>
        <cusip>49474FPC8</cusip>
        <identifiers>
          <isin value="US49474FPC85"/>
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        <balance>55000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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      <invstOrSec>
        <name>MICHIGAN FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MI FIN AUTH 5% 7/1/2024</title>
        <cusip>59447PD57</cusip>
        <identifiers>
          <isin value="US59447PD575"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CAMPBELL CNTY WY SOLID WASTE FACS REV</name>
        <lei>N/A</lei>
        <title>CAMPBELL WY SLD 3.625% 7/15/2039</title>
        <cusip>134340AB4</cusip>
        <identifiers>
          <isin value="US134340AB45"/>
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        <balance>25000.00000000</balance>
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        <valUSD>22997.13000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-15</maturityDt>
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          <annualizedRt>0.03625000</annualizedRt>
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      <invstOrSec>
        <name>WISCONSIN ST HEALTH and EDL FACS AUTH REV</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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        <cusip>97712DQY5</cusip>
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          <isin value="US97712DQY57"/>
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        <balance>55000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
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      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
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        <title>METRO PIER and EXPO AUTH IL DED TXCAP APPREC-MCCORMICK-A MBIA</title>
        <cusip>592247L40</cusip>
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          <isin value="US592247L401"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BAY AREA TOLL AU CA BRIDGE REV</name>
        <lei>N/A</lei>
        <title>BATA CA 4% 4/1/47</title>
        <cusip>072024VQ2</cusip>
        <identifiers>
          <isin value="US072024VQ22"/>
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        <valUSD>4877.94000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 5% 6/1/2025</title>
        <cusip>709224WZ8</cusip>
        <identifiers>
          <isin value="US709224WZ82"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106910.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
        <lei>N/A</lei>
        <title>NY TRANS CORP 4% 1/1/2051 AMT</title>
        <cusip>650116AT3</cusip>
        <identifiers>
          <isin value="US650116AT34"/>
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        <balance>30000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REV</name>
        <lei>N/A</lei>
        <title>IL SALES TAX 5% 6/15/2024</title>
        <cusip>452227GY1</cusip>
        <identifiers>
          <isin value="US452227GY12"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20442.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>PHOENIX AZ CVC IMP CRP APR REV</name>
        <lei>N/A</lei>
        <title>PHX CVC APT REV 5% 7/1/2025</title>
        <cusip>71883MMJ0</cusip>
        <identifiers>
          <isin value="US71883MMJ08"/>
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        <balance>15000.00000000</balance>
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        <valUSD>16091.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OREGON HLTH SCIENCES UNIV REV</name>
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        <title>OR HLTH SCI UNV 5% 7/1/2030</title>
        <cusip>685869GH6</cusip>
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          <isin value="US685869GH60"/>
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        <valUSD>112144.14000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TOLL 4.25% 1/1/2049</title>
        <cusip>66285WYA8</cusip>
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          <isin value="US66285WYA88"/>
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        <balance>55000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 8/1/23</title>
        <cusip>93974DWV6</cusip>
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          <isin value="US93974DWV62"/>
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        <balance>100000.00000000</balance>
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        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 4/1/2035</title>
        <cusip>13063DLR7</cusip>
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          <isin value="US13063DLR79"/>
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      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/2038</title>
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          <isin value="US167593M252"/>
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        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 4/1/2030</title>
        <cusip>13063DLF3</cusip>
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          <isin value="US13063DLF32"/>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN DIEGO CNTY CA REG ARPT AUTH ARPT REV</name>
        <lei>N/A</lei>
        <title>SAN DIEGO ARPT 5% 7/1/2047</title>
        <cusip>79739GFR2</cusip>
        <identifiers>
          <isin value="US79739GFR20"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52175.17000000</valUSD>
        <pctVal>0.041787923321</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>FREMONT CA UN HSD SNTA CLARA</name>
        <lei>N/A</lei>
        <title>FREMONT CA UHSD 4% 8/1/2046</title>
        <cusip>357172ZW8</cusip>
        <identifiers>
          <isin value="US357172ZW82"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29700.26000000</valUSD>
        <pctVal>0.023787410515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW JERSEY ST</name>
        <lei>N/A</lei>
        <title>NJ ST 5% 6/1/2024</title>
        <cusip>646039WM5</cusip>
        <identifiers>
          <isin value="US646039WM52"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26265.82000000</valUSD>
        <pctVal>0.021036712906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ALLEG CNTY PA DEV AUTH</name>
        <lei>N/A</lei>
        <title>ALLGNY CNTY HDA 4% 4/1/2038</title>
        <cusip>01728A3Y0</cusip>
        <identifiers>
          <isin value="US01728A3Y03"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4896.40000000</valUSD>
        <pctVal>0.003921604620</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>0.04000000</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>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 10/1/2024</title>
        <cusip>4521522W0</cusip>
        <identifiers>
          <isin value="US4521522W00"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20899.61000000</valUSD>
        <pctVal>0.016738829986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PA ST 3% 9/15/2036</title>
        <cusip>70914PF49</cusip>
        <identifiers>
          <isin value="US70914PF491"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40641.02000000</valUSD>
        <pctVal>0.032550039175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>METRO ATLANTA RAPID TRAN SALES</name>
        <lei>N/A</lei>
        <title>METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV REF-SER A FGIC</title>
        <cusip>591745B78</cusip>
        <identifiers>
          <isin value="US591745B786"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73933.77000000</valUSD>
        <pctVal>0.059214732058</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>0.05250000</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>HARRIS CNTY TX CULTURAL ED FACS FIN CORP REV</name>
        <lei>N/A</lei>
        <title>HARRIS TX CED 4% 12/1/2045</title>
        <cusip>414009KD1</cusip>
        <identifiers>
          <isin value="US414009KD15"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70759.46000000</valUSD>
        <pctVal>0.056672376702</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>0.04000000</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>DENVER COLO CONVENTION CTR HOTEL AUTH REV</name>
        <lei>N/A</lei>
        <title>DENVER CO CONV 5% 12/1/2023</title>
        <cusip>249189DB4</cusip>
        <identifiers>
          <isin value="US249189DB42"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51433.35000000</valUSD>
        <pctVal>0.041193787887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LONG ISLAND PWR AUTH NY ELEC</name>
        <lei>N/A</lei>
        <title>LIPA NY 5% 9/1/2046</title>
        <cusip>5426908M7</cusip>
        <identifiers>
          <isin value="US5426908M72"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42970.42000000</valUSD>
        <pctVal>0.034415692676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>TX WTR 4% 10/15/49</title>
        <cusip>882854Z70</cusip>
        <identifiers>
          <isin value="US882854Z700"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89368.70000000</valUSD>
        <pctVal>0.071576812935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>NORTHAMPTON CN 3.125% 8/15/2035</title>
        <cusip>66353RCA0</cusip>
        <identifiers>
          <isin value="US66353RCA05"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31434.25000000</valUSD>
        <pctVal>0.025176190679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>CHARLOTTE NC</name>
        <lei>N/A</lei>
        <title>CHARLOTTE NC REF-SER A</title>
        <cusip>161035DN7</cusip>
        <identifiers>
          <isin value="US161035DN74"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35000.00000000</valUSD>
        <pctVal>0.028032056556</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>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2029</title>
        <cusip>544495D35</cusip>
        <identifiers>
          <isin value="US544495D352"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52033.54000000</valUSD>
        <pctVal>0.041674489602</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>0.05000000</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>TRIBOROUGH BRDG and TUNL NY REVS</name>
        <lei>N/A</lei>
        <title>TRIBE_NY 5% 11/15/2025</title>
        <cusip>89602N7U2</cusip>
        <identifiers>
          <isin value="US89602N7U24"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87325.42000000</valUSD>
        <pctVal>0.069940317492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ST LOUIS MO ARPT REV</name>
        <lei>N/A</lei>
        <title>ST LOUIS MO AIR 5% 7/1/2023</title>
        <cusip>791638D55</cusip>
        <identifiers>
          <isin value="US791638D555"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51575.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FOOTHILL/ESTRN TRANSN CA TOLL</name>
        <lei>N/A</lei>
        <title>FOOTHL/EASTN CA 5% 1/15/2042</title>
        <cusip>345105HB9</cusip>
        <identifiers>
          <isin value="US345105HB94"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87843.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>MINNESOTA ST HS 3.75% 1/1/2050</title>
        <cusip>60416ST42</cusip>
        <identifiers>
          <isin value="US60416ST429"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125983.84000000</valUSD>
        <pctVal>0.100902460801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
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      <invstOrSec>
        <name>DESCHUTES CNTY OR ADMIN SD 1</name>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>NEW ORLEANS LA AVIATION BRD GULF OPPORTUNITY ZONE CFC RE</name>
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        <title>NEW ORLEANS CF 4% 10/1/2043</title>
        <cusip>64763KAH1</cusip>
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          <isin value="US64763KAH14"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LOUISIANA PUB FAC AUTH HSP REV</name>
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        <title>LA PFA HOSP 5% 07/01/2042</title>
        <cusip>546395J88</cusip>
        <identifiers>
          <isin value="US546395J888"/>
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        <balance>30000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
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          <isin value="US13063CER79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV</name>
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          <isin value="US592643BC38"/>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 7/1/2027</title>
        <cusip>57582RKK1</cusip>
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          <isin value="US57582RKK13"/>
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        <balance>5000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/40</title>
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          <isin value="US5446463Y65"/>
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        <balance>30000.00000000</balance>
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        <valUSD>31677.45000000</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>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>DECATUR ALA WTR and SWR REV</name>
        <lei>N/A</lei>
        <title>DECATUR ALA WTR 2.125% 2/15/2051</title>
        <cusip>243002BM3</cusip>
        <identifiers>
          <isin value="US243002BM31"/>
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        <balance>35000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EL PASO CNTY TEX CMNTY COLLEGE DIST REV</name>
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        <title>EL PASO TX CC 5% 4/1/2038</title>
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          <isin value="US283506LG67"/>
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        <valUSD>74351.33000000</valUSD>
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          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>GROSSMONT CA UN HGH SCH DIST</name>
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        <title>GROSSMONT CA UN HIGH SCH DIST CAP APPREC ELECTION 2004</title>
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          <isin value="US399262EF73"/>
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        <name>BAY AREA TOLL AU CA BRIDGE REV</name>
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        <title>BATA CA 2% 4/1/2053</title>
        <cusip>072024UQ3</cusip>
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          <isin value="US072024UQ31"/>
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          <couponKind>Variable</couponKind>
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        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
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          <isin value="US65000BAE83"/>
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        <balance>100000.00000000</balance>
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      <invstOrSec>
        <name>FLORIDA ST BOE LOTTERY REV</name>
        <lei>N/A</lei>
        <title>FBE LOTTERY 5% 7/1/2026</title>
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          <isin value="US341507Q872"/>
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        <balance>65000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LYNCHBURG ECONOMIC DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>LYNCHBURG ECONO 4% 1/1/2047</title>
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          <isin value="US55123TAT97"/>
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        <balance>90000.00000000</balance>
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        <valUSD>83254.28000000</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>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
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          <isin value="US79766DMB28"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NORTH CAROLINA ST GRANT ANTIC REV</name>
        <lei>N/A</lei>
        <title>NC ST GARVEE 5% 3/1/2027</title>
        <cusip>658268DE4</cusip>
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          <isin value="US658268DE45"/>
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        <balance>30000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>IDAHO HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>ID HLTH REV(TRTY) 5.5% 12/1/27</title>
        <cusip>451295XL8</cusip>
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          <isin value="US451295XL80"/>
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        <balance>60000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL TEXAS TURNPIKE</name>
        <lei>N/A</lei>
        <title>TX ST TPK CTTS1 5% 8/15/2025</title>
        <cusip>88283KBC1</cusip>
        <identifiers>
          <isin value="US88283KBC18"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93685.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 9/1/2026</title>
        <cusip>13063CYG9</cusip>
        <identifiers>
          <isin value="US13063CYG94"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21715.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HARRIS CNTY TX FLOOD CTL DIST</name>
        <lei>N/A</lei>
        <title>HARRIS TX FLOOD 4% 10/1/2038</title>
        <cusip>4140187B1</cusip>
        <identifiers>
          <isin value="US4140187B18"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75985.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 8/1/2031</title>
        <cusip>93974DCD8</cusip>
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          <isin value="US93974DCD84"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>175386.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 11/15/2046</title>
        <cusip>73358WD92</cusip>
        <identifiers>
          <isin value="US73358WD929"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15959.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOOTHILL/ESTRN TRANSN CA TOLL</name>
        <lei>N/A</lei>
        <title>FOOTHL/EASTN CA 6% 1/15/2049</title>
        <cusip>345105GY0</cusip>
        <identifiers>
          <isin value="US345105GY07"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42477.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CA MUNI TRANSPRTN AGY REVENUE</name>
        <lei>N/A</lei>
        <title>SAN FRANCISCO C 4% 3/1/2042</title>
        <cusip>797686EG3</cusip>
        <identifiers>
          <isin value="US797686EG34"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132859.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 5% 12/1/2027</title>
        <cusip>646080UE9</cusip>
        <identifiers>
          <isin value="US646080UE94"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38603.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MICHIGAN ST STRATEGIC FD LTD OBLIG REV</name>
        <lei>N/A</lei>
        <title>MI STRAT FND 5% 6/30/2028 @</title>
        <cusip>594698QD7</cusip>
        <identifiers>
          <isin value="US594698QD71"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15808.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PT HOUSTON</name>
        <lei>N/A</lei>
        <title>PT HOUSTON 4% 10/1/2039</title>
        <cusip>734262FU7</cusip>
        <identifiers>
          <isin value="US734262FU71"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84802.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN WASH DC ARPTS ATH</name>
        <lei>N/A</lei>
        <title>MTRO WA DC ARPT 4% 10/1/2041 @</title>
        <cusip>592647KL4</cusip>
        <identifiers>
          <isin value="US592647KL40"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199476.91000000</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>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PENNSYLVANIA 5% 12/1/2050</title>
        <cusip>709225AX4</cusip>
        <identifiers>
          <isin value="US709225AX48"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>133337.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>CONN ST HEALTH 4% 7/1/2034</title>
        <cusip>20775DCM2</cusip>
        <identifiers>
          <isin value="US20775DCM20"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28714.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 11/1/2025</title>
        <cusip>13063DBM9</cusip>
        <identifiers>
          <isin value="US13063DBM92"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>190989.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>SAN FRANCISCO CA BART DIST TAX</name>
        <lei>N/A</lei>
        <title>SAN FRAN BART 3% 7/1/44</title>
        <cusip>797669ZG6</cusip>
        <identifiers>
          <isin value="US797669ZG63"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4048.79000000</valUSD>
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        <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>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VIRGINIA COLLEGE BLDG AUTH EDL</name>
        <lei>N/A</lei>
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        <cusip>92778VLA4</cusip>
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          <isin value="US92778VLA43"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48527.61000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 5% 3/1/2026</title>
        <cusip>645918T94</cusip>
        <identifiers>
          <isin value="US645918T944"/>
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        <balance>15000.00000000</balance>
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        <valUSD>15263.58000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</name>
        <lei>N/A</lei>
        <title>MASS DEVEL FIN 3% 10/1/2045</title>
        <cusip>57584YD22</cusip>
        <identifiers>
          <isin value="US57584YD223"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7953.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-10-01</maturityDt>
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          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
        <lei>N/A</lei>
        <title>NY TRANS CORP 4% 7/1/2041 @</title>
        <cusip>650116AS5</cusip>
        <identifiers>
          <isin value="US650116AS50"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27152.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRISTOL PA SCHOOL DIST</name>
        <lei>N/A</lei>
        <title>BRISTOL PA SCH 5% 6/1/2040</title>
        <cusip>110290LC5</cusip>
        <identifiers>
          <isin value="US110290LC58"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20535.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 2% 10/1/2036</title>
        <cusip>13032UGP7</cusip>
        <identifiers>
          <isin value="US13032UGP75"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145597.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUMBLE TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>HUMBLE TX ISD 2% 2/15/2042</title>
        <cusip>445047JM6</cusip>
        <identifiers>
          <isin value="US445047JM64"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17072.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBAC 4% 6/1/2031</title>
        <cusip>38122NYD8</cusip>
        <identifiers>
          <isin value="US38122NYD82"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105361.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NY CONVENTION CTR DEV CORP REV</name>
        <lei>N/A</lei>
        <title>NY CONV CTR 0% 11/15/2032</title>
        <cusip>649451FW6</cusip>
        <identifiers>
          <isin value="US649451FW62"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56237.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT RIVER PROJ AZ AGRIC and PWR</name>
        <lei>N/A</lei>
        <title>SALT RIVER AZ 5% 1/1/2036</title>
        <cusip>79574CCC5</cusip>
        <identifiers>
          <isin value="US79574CCC55"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43410.81000000</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>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE CNTY PA COLLEGE REV</name>
        <lei>N/A</lei>
        <title>DELWR CO PA COL 5% 10/1/2042</title>
        <cusip>246003NF0</cusip>
        <identifiers>
          <isin value="US246003NF04"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5372.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA COMWLTH TRANSN BRD TR</name>
        <lei>N/A</lei>
        <title>VA TRAN 3% 5/15/2040</title>
        <cusip>927793ZT9</cusip>
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          <isin value="US927793ZT94"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4225.94000000</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>2040-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EDISON TWP NJ</name>
        <lei>N/A</lei>
        <title>EDISON TWP NJ 2% 3/15/2037</title>
        <cusip>281047L24</cusip>
        <identifiers>
          <isin value="US281047L245"/>
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        <balance>100000.00000000</balance>
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        <valUSD>74318.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/2030</title>
        <cusip>544647AX8</cusip>
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          <isin value="US544647AX80"/>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH CO</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO HEALTH 5% 11/15/2030</title>
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          <isin value="US19648FAM68"/>
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        <balance>150000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
        <title>LA DWAP CA WTR 5% 7/1/2029</title>
        <cusip>544525UY2</cusip>
        <identifiers>
          <isin value="US544525UY25"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MISSOURI ST HEFA EDL FACS REV</name>
        <lei>N/A</lei>
        <title>MO HEFA EDL 4% 2/15/2049</title>
        <cusip>60637APW6</cusip>
        <identifiers>
          <isin value="US60637APW61"/>
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        <balance>140000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-02-15</maturityDt>
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      <invstOrSec>
        <name>FOOTHILL/ESTRN TRANSN CA TOLL</name>
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        <title>FOOTHILL/EASTERN CORRIDOR AGY CALIF TOLL RD REV CAP APPREC-SR LIEN-SER A</title>
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          <isin value="US345105BD15"/>
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      <invstOrSec>
        <name>OHIO WATER DEV AUTHORITY</name>
        <lei>N/A</lei>
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          <isin value="US677660UV21"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MASSACHUSETTS ST FED HWY</name>
        <lei>N/A</lei>
        <title>MA ST GARVEE 5% 6/15/2025</title>
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          <isin value="US57583PGC77"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>UPPER SANTA CLARA VY JT PWRS AUTH CALIF REV</name>
        <lei>N/A</lei>
        <title>UPPER SANTA CLA 4% 8/1/2050</title>
        <cusip>916544EN5</cusip>
        <identifiers>
          <isin value="US916544EN58"/>
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        <balance>85000.00000000</balance>
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        <valUSD>83239.55000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HAMPTON ROADS TRANSPORTATION ACCOUNTABILITY COMMISSION</name>
        <lei>N/A</lei>
        <title>HAMPTON ROADS T 5.25% 7/1/2060</title>
        <cusip>409328AW1</cusip>
        <identifiers>
          <isin value="US409328AW18"/>
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        <valUSD>27587.42000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>BURKE CNTY GA DEV AUTH PCR</name>
        <lei>N/A</lei>
        <title>BURKE GA PCR 4.125% 11/1/2045</title>
        <cusip>121342PM5</cusip>
        <identifiers>
          <isin value="US121342PM57"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18410.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ ST TRANSN TR FD AUTH CAP APPREC-TRANSN SYS-SER A</title>
        <cusip>646136WJ6</cusip>
        <identifiers>
          <isin value="US646136WJ67"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22103.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHERN CALIFORNIA PUB PWR AUTH NAT GAS PROJ REV</name>
        <lei>N/A</lei>
        <title>SOUTHERN CA PUB PWR NAT GAS PROJ NO 1-SER A</title>
        <cusip>842471AU8</cusip>
        <identifiers>
          <isin value="US842471AU82"/>
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        <curCd>USD</curCd>
        <valUSD>32169.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
        <lei>N/A</lei>
        <title>MA ST DFA 4% 10/1/2046</title>
        <cusip>57584XWU1</cusip>
        <identifiers>
          <isin value="US57584XWU17"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24260.32000000</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>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5% 12/15/2024</title>
        <cusip>6461363V1</cusip>
        <identifiers>
          <isin value="US6461363V18"/>
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        <balance>55000.00000000</balance>
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        <valUSD>57564.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON ST CONVENTION CTR PUB FACS DIST</name>
        <lei>N/A</lei>
        <title>WASHINGTON ST C 4% 7/1/2058</title>
        <cusip>93976ABH4</cusip>
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          <isin value="US93976ABH41"/>
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        <balance>10000.00000000</balance>
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        <valUSD>8854.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>FLORIDA ST BRD ED PUB ED</name>
        <lei>N/A</lei>
        <title>FBE PUB ED 5% 6/1/2026</title>
        <cusip>34153QRD0</cusip>
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          <isin value="US34153QRD06"/>
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        <balance>230000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
        <lei>N/A</lei>
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        <cusip>79766DMW6</cusip>
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          <isin value="US79766DMW64"/>
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        <valUSD>32240.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MET GOVT NASHVILLE and DAVIDSON CNTY TENN H and E FACS BRD REV</name>
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          <isin value="US592041WG86"/>
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      <invstOrSec>
        <name>ANAHEIM CA PUB FI AUTH LSE REV</name>
        <lei>N/A</lei>
        <title>ANAHEIM CALIF PUB FING AUTH LEASE REV CAP APPREC-SUB-PUB IMPTS PJ-C I=FSA</title>
        <cusip>03255LBW8</cusip>
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          <isin value="US03255LBW81"/>
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      <invstOrSec>
        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
        <lei>N/A</lei>
        <title>NYC TFA BARB 5% 7/15/43</title>
        <cusip>64972HWB4</cusip>
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          <isin value="US64972HWB40"/>
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          <maturityDt>2043-07-15</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
        <lei>N/A</lei>
        <title>MASSACHUSETT MA 5% 7/1/2024</title>
        <cusip>57584XJC6</cusip>
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          <isin value="US57584XJC65"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TWIN RIVERS UNI SCH DIST CALIF</name>
        <lei>N/A</lei>
        <title>TWIN RVRS USDCA 0% 8/1/2041</title>
        <cusip>90171TDG2</cusip>
        <identifiers>
          <isin value="US90171TDG22"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59466.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
        <lei>N/A</lei>
        <title>SAN FRAN ARPT 5% 5/1/2038 @</title>
        <cusip>79766DTC3</cusip>
        <identifiers>
          <isin value="US79766DTC38"/>
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        <curCd>USD</curCd>
        <valUSD>122092.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>MET PIER and EXPO 0% 12/15/2056</title>
        <cusip>592250DA9</cusip>
        <identifiers>
          <isin value="US592250DA99"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2775.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HEALTH and EDL FACS AUTH REV</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HT 5% 4/1/2028</title>
        <cusip>97712DVR4</cusip>
        <identifiers>
          <isin value="US97712DVR42"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38681.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REV</name>
        <lei>N/A</lei>
        <title>CA ST UNIV REV 5% 11/1/45</title>
        <cusip>13077C4C5</cusip>
        <identifiers>
          <isin value="US13077C4C51"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131105.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 0% 12/1/2039</title>
        <cusip>709224DP1</cusip>
        <identifiers>
          <isin value="US709224DP12"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4932.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
        <lei>N/A</lei>
        <title>PHILA PA SD 5% 9/1/2044</title>
        <cusip>717883WG3</cusip>
        <identifiers>
          <isin value="US717883WG31"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31775.29000000</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>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MIAMI-DADE CNTY FLA</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE CNTY 3% 7/1/2039</title>
        <cusip>59333FUB4</cusip>
        <identifiers>
          <isin value="US59333FUB48"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8809.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KY ASSET LIABLITY COMM</name>
        <lei>N/A</lei>
        <title>KENTUCKY ASST 5% 9/1/2026</title>
        <cusip>49118NER2</cusip>
        <identifiers>
          <isin value="US49118NER26"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142861.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK NY CTY TR CULT RES RV</name>
        <lei>N/A</lei>
        <title>NYC CULTURAL 4% 4/1/2027</title>
        <cusip>649717TA3</cusip>
        <identifiers>
          <isin value="US649717TA39"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15932.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRIVATE COLGS and UNVS ATH GA RV</name>
        <lei>N/A</lei>
        <title>PRV COL and UNV GA 5% 9/1/2030</title>
        <cusip>74265LS74</cusip>
        <identifiers>
          <isin value="US74265LS744"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115801.11000000</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>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW MEXICO ST SEVERANCE TAX</name>
        <lei>N/A</lei>
        <title>NM SEVERAN 5% 7/1/2025</title>
        <cusip>6473102W0</cusip>
        <identifiers>
          <isin value="US6473102W00"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70277.83000000</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>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 9/1/2033 @</title>
        <cusip>73358W3C6</cusip>
        <identifiers>
          <isin value="US73358W3C69"/>
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        <balance>105000.00000000</balance>
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        <valUSD>115095.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTD DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DR 5% 7/1/24</title>
        <cusip>64990CA50</cusip>
        <identifiers>
          <isin value="US64990CA506"/>
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        <balance>30000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WISCONSIN ST</name>
        <lei>N/A</lei>
        <title>WI ST 5% 5/1/2034</title>
        <cusip>97705MGF6</cusip>
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          <isin value="US97705MGF68"/>
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        <balance>60000.00000000</balance>
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      <invstOrSec>
        <name>VIRGINIA ST RESOURCES AUTH INF</name>
        <lei>N/A</lei>
        <title>VIRGINIA ST RES 4% 11/1/2036</title>
        <cusip>92818MAV2</cusip>
        <identifiers>
          <isin value="US92818MAV28"/>
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        <balance>195000.00000000</balance>
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        <valUSD>199781.56000000</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>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
        <lei>N/A</lei>
        <title>TRIBOROUGH BRDG 5% 11/1/2025</title>
        <cusip>89602RGS8</cusip>
        <identifiers>
          <isin value="US89602RGS85"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152321.41000000</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>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DALLAS FORT WORTH TX INTL ARPT</name>
        <lei>N/A</lei>
        <title>DFW ARPT 5.25% 11/1/2027 AMT</title>
        <cusip>235036V72</cusip>
        <identifiers>
          <isin value="US235036V723"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41227.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>CALIFORNIA ST PUB WKS BRD LSE</name>
        <lei>N/A</lei>
        <title>CA PUB WKS 4% 3/1/2045</title>
        <cusip>13068L5U5</cusip>
        <identifiers>
          <isin value="US13068L5U58"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>171445.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>HAWAII ST ARPTS SYS REV</name>
        <lei>N/A</lei>
        <title>HI ARPT 4% 7/1/2039</title>
        <cusip>419794F31</cusip>
        <identifiers>
          <isin value="US419794F314"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99652.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>MASS BAY TRAN AUTH SLS TAX</name>
        <lei>N/A</lei>
        <title>MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV SR-SER C</title>
        <cusip>575579GK7</cusip>
        <identifiers>
          <isin value="US575579GK77"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67469.97000000</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>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>COLLIN CNTY TX CMNTY COLL DIST</name>
        <lei>N/A</lei>
        <title>COLLIN TX COLL 3.25% 8/15/2033</title>
        <cusip>194741GU2</cusip>
        <identifiers>
          <isin value="US194741GU29"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9799.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</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>ALABAMA FED AID HWY FIN AUTH SPL OBLIG REV</name>
        <lei>N/A</lei>
        <title>AL FEDERAL 5% 9/1/2026</title>
        <cusip>010268CC2</cusip>
        <identifiers>
          <isin value="US010268CC26"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83195.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ILLINOIS ST TOLL HWY AU HWY RV</name>
        <lei>N/A</lei>
        <title>ILL ST TOLL 5% 1/1/2031</title>
        <cusip>452252PH6</cusip>
        <identifiers>
          <isin value="US452252PH69"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>135813.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PULASKI COUNTY PUBLIC FACILITIES BOARD</name>
        <lei>N/A</lei>
        <title>PULASKI COUNTY PUBLIC FACILITIES BOARD 5% 12/1/2039</title>
        <cusip>74540HAL8</cusip>
        <identifiers>
          <isin value="US74540HAL87"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37342.16000000</valUSD>
        <pctVal>0.029907929744</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>0.05000000</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 OH REV</name>
        <lei>N/A</lei>
        <title>FRANKLIN OH REV 5% 12/1/2046</title>
        <cusip>353202FM1</cusip>
        <identifiers>
          <isin value="US353202FM16"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67733.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ATLANTA GA WTR and WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>ATLANTA WTR and WST 5% 11/1/2035</title>
        <cusip>047870ND8</cusip>
        <identifiers>
          <isin value="US047870ND81"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32382.44000000</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>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LEHIGH CNTY PA GEN PURP AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>LEHIGH PA HSP 4% 07/01/2043</title>
        <cusip>52480GCB8</cusip>
        <identifiers>
          <isin value="US52480GCB86"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62654.22000000</valUSD>
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        <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>0.04000000</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>DELAWARE RIV PORT AUTH PA and NJ</name>
        <lei>N/A</lei>
        <title>DEL RIV PORT 5% 1/1/2032</title>
        <cusip>246352GV4</cusip>
        <identifiers>
          <isin value="US246352GV42"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33192.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ISD 5% 02/15/2024</title>
        <cusip>442403GY1</cusip>
        <identifiers>
          <isin value="US442403GY19"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35662.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ATLANTA GA WTR and WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>ATLANTA WTR and WST 5% 11/1/2043</title>
        <cusip>047870NF3</cusip>
        <identifiers>
          <isin value="US047870NF30"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26985.36000000</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>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST LTD OBLIG</name>
        <lei>N/A</lei>
        <title>NC ST LTD OB 5% 5/1/2029</title>
        <cusip>65829QEA8</cusip>
        <identifiers>
          <isin value="US65829QEA85"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23005.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/2046</title>
        <cusip>167593SV5</cusip>
        <identifiers>
          <isin value="US167593SV52"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112227.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>UNIVERSITY COLO ENTERPRISE SYS</name>
        <lei>N/A</lei>
        <title>UNIV CO ENT REV 2.75% 6/1/2030</title>
        <cusip>91417KS85</cusip>
        <identifiers>
          <isin value="US91417KS858"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81544.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 3% 6/1/2040</title>
        <cusip>20772KND7</cusip>
        <identifiers>
          <isin value="US20772KND71"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>82897.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>CO HLTH 5% 1/1/2044</title>
        <cusip>19648AN84</cusip>
        <identifiers>
          <isin value="US19648AN842"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>153919.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>METRO NASHVLL ARPT TN</name>
        <lei>N/A</lei>
        <title>MET NASH AIR TN 5% 7/1/2044</title>
        <cusip>592190NK4</cusip>
        <identifiers>
          <isin value="US592190NK49"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69413.49000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 4/1/2027</title>
        <cusip>13063DLC0</cusip>
        <identifiers>
          <isin value="US13063DLC01"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11206.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>DELAWARE ST</name>
        <lei>N/A</lei>
        <title>DELAWARE ST 5% 1/1/30</title>
        <cusip>246381PN1</cusip>
        <identifiers>
          <isin value="US246381PN12"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262004.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>HUDSON YDS INFRASTRUCTURE CORP NY REV</name>
        <lei>N/A</lei>
        <title>HUDSON YARDS NY 4% 2/15/44</title>
        <cusip>44420RBF6</cusip>
        <identifiers>
          <isin value="US44420RBF64"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33728.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CYPRESS-FAIRBANKS TX ISD</name>
        <lei>N/A</lei>
        <title>CY-FAIR TX ISD 3% 2/15/2035</title>
        <cusip>232769HE2</cusip>
        <identifiers>
          <isin value="US232769HE23"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113428.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FLORIDA ST BRD ED PUB ED</name>
        <lei>N/A</lei>
        <title>FLORIDA ST BOA 5% 6/1/2024</title>
        <cusip>34153QAQ9</cusip>
        <identifiers>
          <isin value="US34153QAQ91"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21151.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ ST TRANSN TR FD AUTH CAP APPREC-TRANSN SYS-SER A</title>
        <cusip>646136WK3</cusip>
        <identifiers>
          <isin value="US646136WK31"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16197.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 5% 6/15/2030</title>
        <cusip>64577BBS2</cusip>
        <identifiers>
          <isin value="US64577BBS25"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42277.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 11/1/2036</title>
        <cusip>64971XKH0</cusip>
        <identifiers>
          <isin value="US64971XKH07"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49973.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 12/1/2025</title>
        <cusip>73358WQP2</cusip>
        <identifiers>
          <isin value="US73358WQP22"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187439.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROANOKE VA ECONOMIC DEV AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>ROANOKE VA EDA 5% 7/1/2053 MT</title>
        <cusip>770082CB9</cusip>
        <identifiers>
          <isin value="US770082CB95"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78175.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5.25% 7/1/42</title>
        <cusip>5446466W7</cusip>
        <identifiers>
          <isin value="US5446466W72"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54522.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TARRANT CNTY TX CULTURAL ED FACS FIN CORP HOSP REV</name>
        <lei>N/A</lei>
        <title>TARRANT EFFC HO 4% 11/15/2043</title>
        <cusip>87638QGZ6</cusip>
        <identifiers>
          <isin value="US87638QGZ63"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15297.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST SER A</title>
        <cusip>452152JP7</cusip>
        <identifiers>
          <isin value="US452152JP76"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70054.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST TRANSN TR FD AUTH CAP APPREC-TRANSN SYS-SER</title>
        <cusip>646136XL0</cusip>
        <identifiers>
          <isin value="US646136XL05"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9166.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TWY AUTH GEN REV</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH 5% 1/1/2034</title>
        <cusip>650009Q30</cusip>
        <identifiers>
          <isin value="US650009Q304"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN ANTONIO TX</name>
        <lei>N/A</lei>
        <title>SAN ANTONIO 5% 2/1/2031</title>
        <cusip>796237X67</cusip>
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          <isin value="US796237X674"/>
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        <curCd>USD</curCd>
        <valUSD>208816.22000000</valUSD>
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        <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>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 5/1/44</title>
        <cusip>64971XUG1</cusip>
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          <isin value="US64971XUG14"/>
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        <valUSD>29278.27000000</valUSD>
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        <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>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CITY IDA REV</name>
        <lei>N/A</lei>
        <title>NYC IDA 0% 3/1/2027</title>
        <cusip>64971PHD0</cusip>
        <identifiers>
          <isin value="US64971PHD06"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77419.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT VERDE FINL CORP GAS REV AZ</name>
        <lei>N/A</lei>
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        <cusip>79575EAK4</cusip>
        <identifiers>
          <isin value="US79575EAK47"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10527.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/2025</title>
        <cusip>544647DV9</cusip>
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          <isin value="US544647DV97"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRAN CA BAY AREA RPD TR DS</name>
        <lei>N/A</lei>
        <title>SF BART/MTC 4% 8/1/42</title>
        <cusip>797661WQ4</cusip>
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          <isin value="US797661WQ47"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9961.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OKLAHOMA CAP IMP AUTH ST HWY CAP IMPT REV</name>
        <lei>N/A</lei>
        <title>OK CAP IMP AUTH 4% 7/1/2033</title>
        <cusip>678514BT6</cusip>
        <identifiers>
          <isin value="US678514BT65"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10386.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIV CAL REV 5.25% 5/15/2037</title>
        <cusip>91412GUJ2</cusip>
        <identifiers>
          <isin value="US91412GUJ20"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10510.68000000</valUSD>
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        <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>0.05250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GAHANNA-JEFFERSON OH SCH DIST</name>
        <lei>N/A</lei>
        <title>GAHANNA-JEFF OH 2% 12/1/2050</title>
        <cusip>362668LU7</cusip>
        <identifiers>
          <isin value="US362668LU73"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26930.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 2/1/2041</title>
        <cusip>93974EEP7</cusip>
        <identifiers>
          <isin value="US93974EEP79"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166797.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IN FIN REV 5% 2/1/2036</title>
        <cusip>45506D5V3</cusip>
        <identifiers>
          <isin value="US45506D5V30"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27830.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST STAD AUTH BUILT LEARN REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST STA 4% 6/1/2037</title>
        <cusip>574294AQ7</cusip>
        <identifiers>
          <isin value="US574294AQ74"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114402.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV</name>
        <lei>549300C1OG9RDIM8ET06</lei>
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        <cusip>13034AJR2</cusip>
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          <isin value="US13034AJR23"/>
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        <valUSD>27245.36000000</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>0.05000000</annualizedRt>
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        <name>MICHIGAN ST STRATEGIC FD LTD OBLIG REV</name>
        <lei>N/A</lei>
        <title>MI STRAT FND 5% 6/30/2029 @</title>
        <cusip>594698QF2</cusip>
        <identifiers>
          <isin value="US594698QF20"/>
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        <valUSD>62746.54000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY HEALTH CARE</name>
        <lei>N/A</lei>
        <title>NJ HLTH CARE 3% 7/1/2032</title>
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          <isin value="US645790BV73"/>
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        <valUSD>22369.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <name>FAIRFAX CNTY VA ECONOMIC DEV AUTH TRANSN CONTRACT REV</name>
        <lei>N/A</lei>
        <title>FAIRFAX VA EDA 2.875% 4/1/2035</title>
        <cusip>30383ADR9</cusip>
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          <isin value="US30383ADR95"/>
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        <curCd>USD</curCd>
        <valUSD>14068.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02875000</annualizedRt>
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        <name>METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV</name>
        <lei>N/A</lei>
        <title>METROPOLITAN WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD B AGC</title>
        <cusip>592643BE9</cusip>
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          <isin value="US592643BE93"/>
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        <curCd>USD</curCd>
        <valUSD>10804.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIVERSIDE CNTY CALIF PUB FING AUTH LEASE REV</name>
        <lei>N/A</lei>
        <title>RIVERSIDE CNT 5.25% 11/1/2045</title>
        <cusip>76912KCM2</cusip>
        <identifiers>
          <isin value="US76912KCM27"/>
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        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>198003.26000000</valUSD>
        <pctVal>0.158583959503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>0.05250000</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>ATLANTA GA WTR and WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>ATLANTA WTR and WST 4% 11/1/2037</title>
        <cusip>047870RJ1</cusip>
        <identifiers>
          <isin value="US047870RJ16"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15080.52000000</valUSD>
        <pctVal>0.012078228272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>ILLINOIS ST TOLL HWY AU HWY RV</name>
        <lei>N/A</lei>
        <title>ILL ST TOLL 5% 1/1/2027</title>
        <cusip>452252NT2</cusip>
        <identifiers>
          <isin value="US452252NT26"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27674.69000000</valUSD>
        <pctVal>0.022165099292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA STWD CMNTY DV AU RV</name>
        <lei>N/A</lei>
        <title>CA STWD 5% 11/1/2043</title>
        <cusip>13080SFW9</cusip>
        <identifiers>
          <isin value="US13080SFW98"/>
        </identifiers>
        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>90677.01000000</valUSD>
        <pctVal>0.072624659218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA CCD</name>
        <lei>N/A</lei>
        <title>LA CA CCD 5% 8/1/2028</title>
        <cusip>54438CXC1</cusip>
        <identifiers>
          <isin value="US54438CXC18"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33541.10000000</valUSD>
        <pctVal>0.026863600347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 9/1/2032</title>
        <cusip>13063CZ60</cusip>
        <identifiers>
          <isin value="US13063CZ600"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>54451.51000000</valUSD>
        <pctVal>0.043611080225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
        <title>MD ST 5% 3/15/2031</title>
        <cusip>574193RG5</cusip>
        <identifiers>
          <isin value="US574193RG53"/>
        </identifiers>
        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79728.30000000</valUSD>
        <pctVal>0.063855663277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 5% 12/1/2032</title>
        <cusip>709224L98</cusip>
        <identifiers>
          <isin value="US709224L988"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33319.65000000</valUSD>
        <pctVal>0.026686237520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CENTRAL PUGET SOUND WA REGL TRAN AUTH SALES and USE TAX REV</name>
        <lei>N/A</lei>
        <title>CTR PUGET SND 5% 11/1/2033</title>
        <cusip>155048DF5</cusip>
        <identifiers>
          <isin value="US155048DF55"/>
        </identifiers>
        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>168624.25000000</valUSD>
        <pctVal>0.135053843220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PENNSYLVANIA HSG FIN AGY SINGL E FAMILY MTG</name>
        <lei>N/A</lei>
        <title>PA HFA SF 4% 10/1/2038 AMT</title>
        <cusip>7087966T9</cusip>
        <identifiers>
          <isin value="US7087966T98"/>
        </identifiers>
        <balance>195000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197383.25000000</valUSD>
        <pctVal>0.158087383635</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>0.04000000</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>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 5% 9/15/2025</title>
        <cusip>20772KDR7</cusip>
        <identifiers>
          <isin value="US20772KDR77"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32565.13000000</valUSD>
        <pctVal>0.026081930454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 4% 3/1/2035</title>
        <cusip>05914F2D1</cusip>
        <identifiers>
          <isin value="US05914F2D18"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41493.56000000</valUSD>
        <pctVal>0.033232852018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>DALLAS TX</name>
        <lei>N/A</lei>
        <title>DALLAS TX 4% 2/15/2032</title>
        <cusip>235219JQ6</cusip>
        <identifiers>
          <isin value="US235219JQ67"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5333.12000000</valUSD>
        <pctVal>0.004271380613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>LONG BEACH CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LONG BEACH CALIF UNI SCH DIST CAP APPREC-ELECTION 2008-SER B</title>
        <cusip>542433NB9</cusip>
        <identifiers>
          <isin value="US542433NB91"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>87560.87000000</valUSD>
        <pctVal>0.070128893141</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>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBAC 5% 6/1/2045</title>
        <cusip>38122NYK2</cusip>
        <identifiers>
          <isin value="US38122NYK26"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151515.42000000</valUSD>
        <pctVal>0.121351109216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 4% 6/1/2031</title>
        <cusip>20772KMU0</cusip>
        <identifiers>
          <isin value="US20772KMU06"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68641.11000000</valUSD>
        <pctVal>0.054975756502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>MICHIGAN ST STRATEGIC FD LTD OBLIG REV</name>
        <lei>N/A</lei>
        <title>MI STRAT FND 5% 6/30/2031 @</title>
        <cusip>594698QK1</cusip>
        <identifiers>
          <isin value="US594698QK15"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72128.36000000</valUSD>
        <pctVal>0.057768750480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST HSG FIN AGY</name>
        <lei>N/A</lei>
        <title>NYS_HFA 2.40% 11/1/2041</title>
        <cusip>64987JMN8</cusip>
        <identifiers>
          <isin value="US64987JMN80"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94242.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TOLL 5% 1/1/2031</title>
        <cusip>66285WF43</cusip>
        <identifiers>
          <isin value="US66285WF431"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112886.88000000</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>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOS ANGELES CA DEPT ARPTS REV</name>
        <lei>N/A</lei>
        <title>LA CA AIRPT 5% 5/15/2032</title>
        <cusip>5444356C9</cusip>
        <identifiers>
          <isin value="US5444356C90"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210585.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MICHIGAN FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MI FIN AUTH 5% 7/1/2028</title>
        <cusip>59447PZK0</cusip>
        <identifiers>
          <isin value="US59447PZK01"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20883.10000000</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>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MARYLAND ST TRANSN AUTH TRANSN</name>
        <lei>N/A</lei>
        <title>MD DOT TRAN FAC 2.25% 7/1/2039</title>
        <cusip>574300NR6</cusip>
        <identifiers>
          <isin value="US574300NR62"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48722.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</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>EAGLE MTN and SAGINAW TX ISD</name>
        <lei>N/A</lei>
        <title>EAGLE MTN and SAG 3% 8/15/2040</title>
        <cusip>269696QF0</cusip>
        <identifiers>
          <isin value="US269696QF05"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>131502.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 5.5% 12/1/42</title>
        <cusip>709224VB2</cusip>
        <identifiers>
          <isin value="US709224VB24"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>159447.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5.25% 8/1/2030</title>
        <cusip>13063CVT4</cusip>
        <identifiers>
          <isin value="US13063CVT43"/>
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        <balance>95000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102497.69000000</valUSD>
        <pctVal>0.082092029798</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>0.05250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 5% 11/15/2046</title>
        <cusip>13032UXH6</cusip>
        <identifiers>
          <isin value="US13032UXH66"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15566.56000000</valUSD>
        <pctVal>0.012467505437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TENNESSEE ENGY ACQ CRP GAS REV</name>
        <lei>N/A</lei>
        <title>TENN ENERGY ACQ 4% 05/01/48</title>
        <cusip>880443HZ2</cusip>
        <identifiers>
          <isin value="US880443HZ28"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>131594.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04000000</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>SAN FRAN CA BAY AREA RPD TR DS</name>
        <lei>N/A</lei>
        <title>SF CA BART/MTC 5% 8/1/47</title>
        <cusip>797661WR2</cusip>
        <identifiers>
          <isin value="US797661WR20"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85843.74000000</valUSD>
        <pctVal>0.068753616419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SAN DIEGO CA COMM COLL DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CA CC 5% 8/1/2041</title>
        <cusip>797272QD6</cusip>
        <identifiers>
          <isin value="US797272QD66"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5543.45000000</valUSD>
        <pctVal>0.004439837254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>GREAT LAKES SEWER AUTH MICH</name>
        <lei>N/A</lei>
        <title>GT LAKES WTR MI 5% 7/1/2036</title>
        <cusip>39081HAS1</cusip>
        <identifiers>
          <isin value="US39081HAS13"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15961.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TEXAS STATE</name>
        <lei>N/A</lei>
        <title>TX ST 5% 8/1/2024</title>
        <cusip>882724GC5</cusip>
        <identifiers>
          <isin value="US882724GC55"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47673.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PENNSYLVANIA ECONOMIC DEV FINGAUTH UPMC REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA EC 5% 11/15/2027</title>
        <cusip>70870JAL2</cusip>
        <identifiers>
          <isin value="US70870JAL26"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43787.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>BREA CALIFORNIA REDEV AGY</name>
        <lei>N/A</lei>
        <title>BREA CA REDEV AGY TAX ALLOC INSURER AMBAC</title>
        <cusip>106287JE6</cusip>
        <identifiers>
          <ticker value="BREDEV"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82125.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DALLAS TX ISD</name>
        <lei>N/A</lei>
        <title>DALLAS TX ISD 4% 2/15/2032</title>
        <cusip>235308YA5</cusip>
        <identifiers>
          <isin value="US235308YA50"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>169631.42000000</valUSD>
        <pctVal>0.135860501689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>ILLINOIS FIN AUTH RV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FIN AT 4% 1/1/2025</title>
        <cusip>45204EKB3</cusip>
        <identifiers>
          <isin value="US45204EKB38"/>
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        <name>NORTH TX TWY AUTH REV</name>
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      <invstOrSec>
        <name>SAN DIEGO CA PUB FACS FA WTR R</name>
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        <name>EL CAMINO CA CMTY COLLEGE DIST</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
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        <name>CALIFORNIA ST</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>SALES TAX SECURITIZATION CORPILL</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
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        <title>CA ST 5% 9/1/2045</title>
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          <isin value="US13063CZU79"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHATANOOGA TN HEALTH ED and HSG FAC BRD REV</name>
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        <cusip>162410EL4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
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        <debtSec>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ILLINOIS HOUSING DEV AUTH</name>
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          <isin value="US45201YX698"/>
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        <name>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV</name>
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        <name>MONTGOMERY CNTY PA HIGHER ED and HEALTH AUTH REV</name>
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          <isin value="US613603B328"/>
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        <name>CONNECTICUT ST</name>
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        <name>METROPOLITAN TRANSN AUTH NY RV</name>
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          <isin value="US59261AMF11"/>
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      <invstOrSec>
        <name>FOOTHILL/ESTRN TRANSN CA TOLL</name>
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        <title>FOOTHILL / EASTERN TRANSN CORRIDOR AGY CA TOLL RD REV CAP APPREC-SR LIEN-SER A</title>
        <cusip>345105BB5</cusip>
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          <isin value="US345105BB58"/>
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        <valUSD>35846.27000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>METROPOLITAN WASH DC ARPTS ATH</name>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>0.05000000</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>NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV</name>
        <lei>N/A</lei>
        <title>NORTH CAROLINA ST MED CARE COM REF-WAKEMED-SER A</title>
        <cusip>65821DLY5</cusip>
        <identifiers>
          <isin value="US65821DLY57"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85571.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST MUN PWR AGY PWR SYS REV</name>
        <lei>N/A</lei>
        <title>KY ST MUNI PWR 5% 9/1/2042</title>
        <cusip>491501EC2</cusip>
        <identifiers>
          <isin value="US491501EC23"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5330.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 5% 10/1/2028</title>
        <cusip>207758YC1</cusip>
        <identifiers>
          <isin value="US207758YC11"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136250.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>UAB MEDICINE FIN AUTH ALA REV</name>
        <lei>N/A</lei>
        <title>UAB MEDICINE F 3.25% 9/1/2031</title>
        <cusip>902562BW6</cusip>
        <identifiers>
          <isin value="US902562BW65"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4681.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</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>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 5% 1/1/2026</title>
        <cusip>167486WJ4</cusip>
        <identifiers>
          <isin value="US167486WJ45"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15535.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OH ST 5% 9/15/2031</title>
        <cusip>6775227Y4</cusip>
        <identifiers>
          <isin value="US6775227Y48"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140030.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CHICAGO IL MIDWAY ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO MIDWAY 5% 1/1/2026 AMT</title>
        <cusip>167562NP8</cusip>
        <identifiers>
          <isin value="US167562NP86"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66942.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG</name>
        <lei>N/A</lei>
        <title>CONNECTICUT S 2.05% 5/15/2037</title>
        <cusip>20775HAX1</cusip>
        <identifiers>
          <isin value="US20775HAX17"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>59929.13000000</valUSD>
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        <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>0.02050000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KENTUCKY ECO DEV FA HLTH REV</name>
        <lei>N/A</lei>
        <title>KY EC DEV FINAUTH HLTH SYS REV2000-B MBIA</title>
        <cusip>49126VCH8</cusip>
        <identifiers>
          <ticker value="KYSMED"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87052.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CITY IDA REV</name>
        <lei>N/A</lei>
        <title>NYC IDA 0% 3/1/2044</title>
        <cusip>64971PHW8</cusip>
        <identifiers>
          <isin value="US64971PHW86"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16355.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEG CA USD 5% 7/1/2028</title>
        <cusip>7973552E3</cusip>
        <identifiers>
          <isin value="US7973552E39"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75198.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ ST TRANSP 5% 6/15/2023</title>
        <cusip>646136Z87</cusip>
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          <isin value="US646136Z873"/>
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        <balance>25000.00000000</balance>
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        <valUSD>25689.63000000</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>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PENNSLYVANIA DEV FING AUTH REV</name>
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        <cusip>70869PJW8</cusip>
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          <isin value="US70869PJW86"/>
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        <valUSD>36325.45000000</valUSD>
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          <maturityDt>2028-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>MASSACHUSETTS ST WTR RES AUTH</name>
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        <cusip>576051XL5</cusip>
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          <isin value="US576051XL54"/>
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        <balance>140000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DALLAS FORT WORTH TX INTL ARPT</name>
        <lei>N/A</lei>
        <title>DFW ARPT 5% 11/1/2030</title>
        <cusip>2350365F3</cusip>
        <identifiers>
          <isin value="US2350365F31"/>
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        <balance>55000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <title>SYS-SER C-REMK 11/25/14</title>
        <cusip>646136V32</cusip>
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          <isin value="US646136V328"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67174.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV</name>
        <lei>N/A</lei>
        <title>METROPOLITAN WASHINGTON DC ARPTS AUTH DULLES TOLL ROAD B AGC</title>
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          <isin value="US592643AZ32"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24431.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>POWAY CA UNIFIED SCH DIST</name>
        <lei>N/A</lei>
        <title>POWAY CA USD 0% 08/01/46</title>
        <cusip>738850RH1</cusip>
        <identifiers>
          <isin value="US738850RH16"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64461.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/2026</title>
        <cusip>167593NC2</cusip>
        <identifiers>
          <isin value="US167593NC27"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55735.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 4% 7/1/2033</title>
        <cusip>57582RKQ8</cusip>
        <identifiers>
          <isin value="US57582RKQ82"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76623.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>INDIANA ST FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IN FIN REV 5% 2/1/2040</title>
        <cusip>45506D5Z4</cusip>
        <identifiers>
          <isin value="US45506D5Z44"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71725.69000000</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>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>KNOX CNTY TENN HEALTH EDL and HSG FAC BRD HOSP REV</name>
        <lei>N/A</lei>
        <title>KNOX TN HOSP 4% 11/15/2043</title>
        <cusip>499527DC0</cusip>
        <identifiers>
          <isin value="US499527DC01"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52103.62000000</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>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 9/1/2030</title>
        <cusip>13063CX47</cusip>
        <identifiers>
          <isin value="US13063CX472"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16410.48000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CALIF UNI SCH DIST CAP APPREC-ELECTION 2008-SER A</title>
        <cusip>797355L36</cusip>
        <identifiers>
          <ticker value="SDGSCD"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10717.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA CAP IMPTNON-AD VALOREM REV</name>
        <lei>N/A</lei>
        <title>HILLSBOROUGH CR 3.125% 8/1/2046</title>
        <cusip>43232RAV2</cusip>
        <identifiers>
          <isin value="US43232RAV24"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42476.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>WASHINGTON DC MET AREA TRAN AU</name>
        <lei>N/A</lei>
        <title>DC MET TRAN 5% 7/1/2042</title>
        <cusip>938782FT1</cusip>
        <identifiers>
          <isin value="US938782FT15"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75205.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>IOWA FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IOWA FIN REV 5% 8/1/2036</title>
        <cusip>46246K7R7</cusip>
        <identifiers>
          <isin value="US46246K7R72"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119340.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRI COUNTY MET DIST</name>
        <lei>N/A</lei>
        <title>TRI-CNTY MET OR 3.25% 10/1/2034</title>
        <cusip>89546RPV0</cusip>
        <identifiers>
          <isin value="US89546RPV05"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46837.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER CO CITY and CNTY ARPT</name>
        <lei>N/A</lei>
        <title>DENVER CO ARPT 5% 11/15/2031</title>
        <cusip>249182NH5</cusip>
        <identifiers>
          <isin value="US249182NH58"/>
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        <balance>30000.00000000</balance>
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        <valUSD>33566.21000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 11/1/2028</title>
        <cusip>452152Q20</cusip>
        <identifiers>
          <isin value="US452152Q203"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150038.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>CAL ED FAC 0% 10/1/2030</title>
        <cusip>130175SE3</cusip>
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          <isin value="US130175SE32"/>
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        <valUSD>53181.59000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>OHIO ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>OH TPK 0% 2/15/43</title>
        <cusip>67760HKE0</cusip>
        <identifiers>
          <isin value="US67760HKE08"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9946.84000000</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>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>SPRINGFIELD IL ELEC REV</name>
        <lei>N/A</lei>
        <title>SPRINGFLD IL EL 5% 3/1/2031</title>
        <cusip>850578TP0</cusip>
        <identifiers>
          <isin value="US850578TP00"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63822.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 3% 8/1/2034</title>
        <cusip>64966L4S7</cusip>
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          <isin value="US64966L4S72"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23284.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY CO HOSP AUTH HOSP R</name>
        <lei>GQ60RLZ5ZEBY2J9KLI75</lei>
        <title>UNIVERSITY COLO 5% 11/15/2036</title>
        <cusip>914183AR9</cusip>
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          <isin value="US914183AR91"/>
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        <curCd>USD</curCd>
        <valUSD>25266.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANAPOLIS IND WTR SYS REV</name>
        <lei>N/A</lei>
        <title>INDNPLS IN 5% 10/1/2030</title>
        <cusip>455412BL9</cusip>
        <identifiers>
          <isin value="US455412BL93"/>
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        <curCd>USD</curCd>
        <valUSD>61869.51000000</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>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SARPY CNTY NE HOSP AUTH NO 1</name>
        <lei>N/A</lei>
        <title>SARPY NE HOSP 1 4% 5/15/2051</title>
        <cusip>80372PAR7</cusip>
        <identifiers>
          <isin value="US80372PAR73"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130095.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 3% 11/15/2038</title>
        <cusip>59261AHT7</cusip>
        <identifiers>
          <isin value="US59261AHT79"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20231.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2029</title>
        <cusip>646140BY8</cusip>
        <identifiers>
          <isin value="US646140BY83"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16625.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/2029</title>
        <cusip>544647AW0</cusip>
        <identifiers>
          <isin value="US544647AW08"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5752.97000000</valUSD>
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        <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>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS STATE</name>
        <lei>N/A</lei>
        <title>TX ST 5% 10/1/33</title>
        <cusip>8827236V6</cusip>
        <identifiers>
          <isin value="US8827236V62"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55135.88000000</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>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ANAHEIM CA PUB FI AUTH LSE REV</name>
        <lei>N/A</lei>
        <title>ANAHEIM CA PFAL 0% 9/1/2028</title>
        <cusip>03255LBN8</cusip>
        <identifiers>
          <isin value="US03255LBN82"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77036.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NY MTA DEDICATED TAX FUND</name>
        <lei>N/A</lei>
        <title>NY MTA DED 5.25% 11/15/2028</title>
        <cusip>59259N2H5</cusip>
        <identifiers>
          <isin value="US59259N2H54"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166116.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FLORIDA ST BRD ED PUB ED</name>
        <lei>N/A</lei>
        <title>FBE PUB ED 4% 6/1/2028</title>
        <cusip>34153P2W7</cusip>
        <identifiers>
          <isin value="US34153P2W71"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30476.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV</name>
        <lei>N/A</lei>
        <title>NC TPK AUTH TRIANGLE EXPWY SYSREV CAP APPREC-SER B AGC</title>
        <cusip>65830RAT6</cusip>
        <identifiers>
          <isin value="US65830RAT68"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82764.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>IN FIN REV 5% 02/01/2032</title>
        <cusip>45506DDR3</cusip>
        <identifiers>
          <isin value="US45506DDR35"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61198.99000000</valUSD>
        <pctVal>0.049015244253</pctVal>
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        <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>0.05000000</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>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 3.375% 6/15/2029</title>
        <cusip>20772JD41</cusip>
        <identifiers>
          <isin value="US20772JD419"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25265.98000000</valUSD>
        <pctVal>0.020235925151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</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>MICHIGAN ST HSG DEV AUTH SFMR</name>
        <lei>N/A</lei>
        <title>MI HDA SFMR 3.10% 12/1/2031</title>
        <cusip>5946537L5</cusip>
        <identifiers>
          <isin value="US5946537L53"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48690.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03100000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TOLL 5% 1/1/2028</title>
        <cusip>66285WVQ6</cusip>
        <identifiers>
          <isin value="US66285WVQ67"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216061.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARLOTTE NC ARPT REV</name>
        <lei>N/A</lei>
        <title>CHARLOTTE NC AP 4% 7/1/2041</title>
        <cusip>161036RU4</cusip>
        <identifiers>
          <isin value="US161036RU45"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149302.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5.25% 11/15/2039</title>
        <cusip>59259YR35</cusip>
        <identifiers>
          <isin value="US59259YR352"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106833.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 11/1/2044</title>
        <cusip>57582RQQ2</cusip>
        <identifiers>
          <isin value="US57582RQQ29"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21526.19000000</valUSD>
        <pctVal>0.017240667871</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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      <invstOrSec>
        <name>NEW YORK ST URBAN DEV CORP REV</name>
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        <name>METRO NASHVLL ARPT TN</name>
        <lei>N/A</lei>
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        <name>LOS ANGELES CA CCD</name>
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        <name>LAS VEGAS NV CONVENT and VISIT</name>
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          <isin value="US51771FAU03"/>
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        <name>SAN ANTONIO TX ELEC and GAS REV</name>
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        <name>MIAMI-DADE CNTY FLA</name>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <name>MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV</name>
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        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
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        <name>CHICAGO IL</name>
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        <name>NEW YORK NY CITY IDA REV</name>
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        <name>LOS ANGELES CA UNI SCH DIST</name>
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        <name>CONN ST HSG FIN AUTH HSG MTG F IN PG</name>
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        <name>FLORIDA ST BRD ED PUB ED</name>
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        <name>WASHINGTON ST</name>
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        <name>PUERTO RICO COMWLTH HWY and TRAN</name>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIVERSITY CAL 4% 5/15/2024</title>
        <cusip>91412HAE3</cusip>
        <identifiers>
          <isin value="US91412HAE36"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155799.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST D 5% 2/15/2043</title>
        <cusip>64990FWY6</cusip>
        <identifiers>
          <isin value="US64990FWY68"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53331.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MIAMI-DADE CNTY FLA</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE CNTY 5% 7/1/2027</title>
        <cusip>59333FPH7</cusip>
        <identifiers>
          <isin value="US59333FPH72"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42212.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST</name>
        <lei>N/A</lei>
        <title>NJ ST 3% 6/1/2032</title>
        <cusip>646039YR2</cusip>
        <identifiers>
          <isin value="US646039YR22"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84465.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>CENTRAL PUGET SOUND WA REGL TRAN AUTH SALES and USE TAX REV</name>
        <lei>N/A</lei>
        <title>CTR PUGET SND 5% 11/1/2036</title>
        <cusip>155048DJ7</cusip>
        <identifiers>
          <isin value="US155048DJ77"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32522.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 10/1/2024</title>
        <cusip>4521522G5</cusip>
        <identifiers>
          <isin value="US4521522G59"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125397.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>METROPOLITAN PIER and EXPOSITIONAUTH ILL DEDICATED ST TAX REV CAP APPREC-MCCORMICK-A I=MBIA</title>
        <cusip>592247J84</cusip>
        <identifiers>
          <isin value="US592247J843"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13245.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BREVARD CNTY FL HEALTH FACS AU TH HEALTH CARE FACS REV</name>
        <lei>N/A</lei>
        <title>BREVARD CY FL 4% 4/1/2036</title>
        <cusip>10741LDK9</cusip>
        <identifiers>
          <isin value="US10741LDK98"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79852.29000000</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>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ALDINE TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>ALDINE TX ISD 5% 2/15/2030</title>
        <cusip>014393XF4</cusip>
        <identifiers>
          <isin value="US014393XF44"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55037.85000000</valUSD>
        <pctVal>0.044080689255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>HOUSTON TX HOTEL OCC TX and SPL RV</name>
        <lei>N/A</lei>
        <title>HOUSTON TEX HOTEL OCCUPANCY TAX and SPL REV CAP APPREC-CONVENTION-SER B AMBAC</title>
        <cusip>44237NBD3</cusip>
        <identifiers>
          <isin value="US44237NBD30"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51709.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL FLA EXPWY AUTH SR LIEN REV</name>
        <lei>549300JL23Z3Z64M6K65</lei>
        <title>CENTRAL FL 4% 7/1/2040</title>
        <cusip>153476BV7</cusip>
        <identifiers>
          <isin value="US153476BV79"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19749.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>OK DEV FIN AUTH HEALTH SYS REV</name>
        <lei>N/A</lei>
        <title>OK DEV FIN AUTH 4% 8/15/2048</title>
        <cusip>67884XCJ4</cusip>
        <identifiers>
          <isin value="US67884XCJ46"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132167.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/2029</title>
        <cusip>167593Q88</cusip>
        <identifiers>
          <isin value="US167593Q881"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67202.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST UNIV REVS</name>
        <lei>N/A</lei>
        <title>WA ST UNIV 5% 4/1/2040</title>
        <cusip>9400937H4</cusip>
        <identifiers>
          <isin value="US9400937H42"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36688.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
        <lei>N/A</lei>
        <title>MA DFA 4% 7/1/2045</title>
        <cusip>57583U6Q6</cusip>
        <identifiers>
          <isin value="US57583U6Q67"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22616.43000000</valUSD>
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        <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>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 5/1/2030</title>
        <cusip>452152YG0</cusip>
        <identifiers>
          <isin value="US452152YG03"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>235947.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST TRANSN TR FD TRANSN SYS-SER D</title>
        <cusip>646136YA3</cusip>
        <identifiers>
          <isin value="US646136YA31"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141294.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>AUSTIN TX INDPT SCH DIST CAP A</name>
        <lei>N/A</lei>
        <title>AUSTIN TX ISD 4% 8/1/2035</title>
        <cusip>052430QK4</cusip>
        <identifiers>
          <isin value="US052430QK41"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25677.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>JACKSONVILLE FLA SPL REV</name>
        <lei>N/A</lei>
        <title>JACKSONVILLE F 5% 10/1/2040</title>
        <cusip>469487HQ8</cusip>
        <identifiers>
          <isin value="US469487HQ85"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77150.18000000</valUSD>
        <pctVal>0.061790805973</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>0.05000000</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>SAN FRANCISCO CA PUC WATER</name>
        <lei>N/A</lei>
        <title>SAN FRANCISCO W 5% 11/1/2050</title>
        <cusip>79765R5J4</cusip>
        <identifiers>
          <isin value="US79765R5J45"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>92816.32000000</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>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>OHIO ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>OH TPK 5% 2/15/2051</title>
        <cusip>67760HNK3</cusip>
        <identifiers>
          <isin value="US67760HNK31"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55115.36000000</valUSD>
        <pctVal>0.044142768246</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>OHIO ST WTR DEV ATH WTR POLL UTION CTL REV(CUSIP)</name>
        <lei>N/A</lei>
        <title>OH WTR POL 5% 12/1/2028</title>
        <cusip>67766WXT4</cusip>
        <identifiers>
          <isin value="US67766WXT43"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33500.27000000</valUSD>
        <pctVal>0.026830898951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/2037</title>
        <cusip>64972GPB4</cusip>
        <identifiers>
          <isin value="US64972GPB40"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5383.24000000</valUSD>
        <pctVal>0.004311522518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANTA CLARA VALLEY WTR DIST</name>
        <lei>N/A</lei>
        <title>SANTA CLARA CAL 5% 6/1/2033</title>
        <cusip>80168QDU3</cusip>
        <identifiers>
          <isin value="US80168QDU31"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>80675.65000000</valUSD>
        <pctVal>0.064614410957</pctVal>
        <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>0.05000000</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>PORT SEATTLE WA REV</name>
        <lei>N/A</lei>
        <title>PORT SEATTLE 5% 5/1/2024 @</title>
        <cusip>735389F29</cusip>
        <identifiers>
          <isin value="US735389F294"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78122.43000000</valUSD>
        <pctVal>0.062569496458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>AUSTIN TEX CONVENTION ENTER- PRISES INC CONVENTION CENTER (PER CUSIP)</name>
        <lei>N/A</lei>
        <title>AUSTIN TX CONVT 5% 1/1/2025</title>
        <cusip>052409DG1</cusip>
        <identifiers>
          <isin value="US052409DG15"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82755.46000000</valUSD>
        <pctVal>0.066280163858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ENERGY NORWTHWEST WA ELEC REV</name>
        <lei>N/A</lei>
        <title>ENERGY NW/WPPS 4% 07/01/2044</title>
        <cusip>29270CYH2</cusip>
        <identifiers>
          <isin value="US29270CYH23"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>45000.00000000</valUSD>
        <pctVal>0.036041215572</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>0.04000000</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>FOOTHILL/ESTRN TRANSN CA TOLL</name>
        <lei>N/A</lei>
        <title>FOOTHL/EASTN CA 3.95% 1/15/2053</title>
        <cusip>345105GT1</cusip>
        <identifiers>
          <isin value="US345105GT12"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71043.50000000</valUSD>
        <pctVal>0.056899868855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03950000</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>MIAMI-DADE CNTY FLA EXPWY AUTH TOLL SYS REV</name>
        <lei>N/A</lei>
        <title>MIAMI DADE TOLL 5% 07/01/22</title>
        <cusip>593338AH9</cusip>
        <identifiers>
          <isin value="US593338AH99"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70000.00000000</valUSD>
        <pctVal>0.056064113112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV</name>
        <lei>N/A</lei>
        <title>SAN JOAQUIN HILLS CALIF TRANSNCORRIDOR AGY TOLL RD REV JR LIEN-CABS</title>
        <cusip>798111CB4</cusip>
        <identifiers>
          <isin value="US798111CB42"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>173389.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NORTH ORANGE CNTY CALIF CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>NO ORANGE CA CC 3% 8/1/2040</title>
        <cusip>661334EV0</cusip>
        <identifiers>
          <isin value="US661334EV05"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13073.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/2029</title>
        <cusip>13063CVM9</cusip>
        <identifiers>
          <isin value="US13063CVM99"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21484.99000000</valUSD>
        <pctVal>0.017207670136</pctVal>
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        <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>0.05000000</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>FLORIDA ST DEPT TRANSN TPK REV</name>
        <lei>N/A</lei>
        <title>FL ST DOT TPK 2% 7/1/2043</title>
        <cusip>343137LB9</cusip>
        <identifiers>
          <isin value="US343137LB95"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>101891.82000000</valUSD>
        <pctVal>0.081606778881</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>0.02000000</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>SOUTH CAROLINA ST SVC AUTH REV</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC ST PSA REV 3.25% 12/1/2035</title>
        <cusip>837151PR4</cusip>
        <identifiers>
          <isin value="US837151PR46"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13647.53000000</valUSD>
        <pctVal>0.010930523794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</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>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED CAP APPREC-MCCORMICK-A I=MBIA</title>
        <cusip>592247L57</cusip>
        <identifiers>
          <isin value="US592247L575"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TENNESSEE ST</name>
        <lei>N/A</lei>
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          <isin value="US880541D462"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PALM BEACH CO FL PUB IMPT REV</name>
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          <isin value="US696543QW03"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SOCORRO TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>SOCORRO TX ISD 5% 8/15/2038</title>
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          <isin value="US833715FV24"/>
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        <curCd>USD</curCd>
        <valUSD>55277.93000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN DIEGO CA PUB FACS FA WTR R</name>
        <lei>N/A</lei>
        <title>SAN DIEGO WTR R 5% 8/1/2033</title>
        <cusip>79730CHV9</cusip>
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          <isin value="US79730CHV90"/>
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        <balance>170000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EAGLE MTN and SAGINAW TX ISD</name>
        <lei>N/A</lei>
        <title>EAGLE MTN and SAG 4% 8/15/2050</title>
        <cusip>269696MD9</cusip>
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          <isin value="US269696MD92"/>
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        <balance>105000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX UTIL 4% 11/15/2044</title>
        <cusip>44244CXG7</cusip>
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          <isin value="US44244CXG76"/>
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        <balance>55000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 0% 11/15/2042</title>
        <cusip>13032URN0</cusip>
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          <isin value="US13032URN09"/>
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        <balance>65000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 8/1/2029</title>
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          <isin value="US93974DCB29"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>TENNESSEE ENGY ACQ CRP GAS REV</name>
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        <title>TENN ENERGY ACQ 4% MT</title>
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        <identifiers>
          <isin value="US880443JE70"/>
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        <balance>30000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
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        <cusip>64972EA41</cusip>
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          <isin value="US64972EA419"/>
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        <balance>125000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02150000</annualizedRt>
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      <invstOrSec>
        <name>TUSCALOOSA CNTY ALA BRD ED SPLTAX SCH WTS</name>
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          <isin value="US900680BG33"/>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
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          <isin value="US91412G3J27"/>
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      <invstOrSec>
        <name>MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV</name>
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      <invstOrSec>
        <name>PHILADELPHIA PA</name>
        <lei>N/A</lei>
        <title>PHILA PA 5% 8/1/2025</title>
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          <isin value="US717813SA87"/>
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        <name>MISSOURI ST BRD PUB BLDGS SPL</name>
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          <isin value="US606341GQ22"/>
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        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
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          <isin value="US79766DKS70"/>
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        <assetCat>DBT</assetCat>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 2/1/2028</title>
        <cusip>93974DKU1</cusip>
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        <balance>85000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2028-02-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/2038</title>
        <cusip>64972GBZ6</cusip>
        <identifiers>
          <isin value="US64972GBZ63"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35756.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BIRMINGHAM JEFFRSN AL CVC CTR</name>
        <lei>N/A</lei>
        <title>BRMHM AL CIVIC 4% 7/1/2048</title>
        <cusip>091156NJ4</cusip>
        <identifiers>
          <isin value="US091156NJ47"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28960.78000000</valUSD>
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        <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>0.04000000</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>KENDALL KNE and WILL CO IL USD 308</name>
        <lei>N/A</lei>
        <title>KENDALL K and W IL 5% 02/01/2031</title>
        <cusip>488764XB2</cusip>
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          <isin value="US488764XB29"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70373.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA HLTH FACS FIN AUTH</name>
        <lei>N/A</lei>
        <title>CA HLTH 4% 03/01/2043</title>
        <cusip>13033LS57</cusip>
        <identifiers>
          <isin value="US13033LS575"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32075.30000000</valUSD>
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        <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>0.04000000</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>CYPRESS-FAIRBANKS TX ISD</name>
        <lei>N/A</lei>
        <title>CY-FAIR TX ISD 5% 2/15/2030</title>
        <cusip>232769EL9</cusip>
        <identifiers>
          <isin value="US232769EL92"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50869.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INFIRMARY HLTH SYS SPL CARE</name>
        <lei>N/A</lei>
        <title>INF HLTH SYS 3% 2/1/2030</title>
        <cusip>45663NBS0</cusip>
        <identifiers>
          <isin value="US45663NBS09"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38742.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>OHIO ST SPL OBLIG</name>
        <lei>N/A</lei>
        <title>OHIO ST SPL OBL 5% 4/1/2029</title>
        <cusip>67759HDZ4</cusip>
        <identifiers>
          <isin value="US67759HDZ47"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42612.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 8/1/2028</title>
        <cusip>93974DY69</cusip>
        <identifiers>
          <isin value="US93974DY693"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33523.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OREGON ST</name>
        <lei>N/A</lei>
        <title>OR ST 4% 5/1/2038</title>
        <cusip>68609TE87</cusip>
        <identifiers>
          <isin value="US68609TE876"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199057.99000000</valUSD>
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        <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>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 4% 6/15/2037</title>
        <cusip>64972GTD6</cusip>
        <identifiers>
          <isin value="US64972GTD69"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80208.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OKLAHOMA ST TPK AUTH TPK REV</name>
        <lei>N/A</lei>
        <title>OK TNPK REV 4% 1/1/2047</title>
        <cusip>679111WT7</cusip>
        <identifiers>
          <isin value="US679111WT73"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34047.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC PUB SVC 5% 12/1/2036</title>
        <cusip>837151J91</cusip>
        <identifiers>
          <isin value="US837151J917"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46148.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HARRIS CNTY TEX TOLL RD REV</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY TOL 4% 8/15/2048</title>
        <cusip>41423PAX5</cusip>
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          <isin value="US41423PAX50"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38856.32000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST ENV FACS CORP REV</name>
        <lei>N/A</lei>
        <title>NY ST ENV FACS 5% 2/15/2049</title>
        <cusip>64985HC54</cusip>
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          <isin value="US64985HC543"/>
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        <balance>30000.00000000</balance>
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        <valUSD>33023.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-02-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 12/1/2024</title>
        <cusip>452152V40</cusip>
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          <isin value="US452152V401"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68100.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 5.50% 1/1/2035</title>
        <cusip>167486VP1</cusip>
        <identifiers>
          <isin value="US167486VP14"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46418.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>NORTH CAROLINA ST GRANT ANTIC REV</name>
        <lei>N/A</lei>
        <title>NC ST GARVEE 5% 3/1/2033</title>
        <cusip>658268EE3</cusip>
        <identifiers>
          <isin value="US658268EE36"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83096.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHATANOOGA TN HEALTH ED and HSG FAC BRD REV</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST PORTS AUTH</name>
        <lei>N/A</lei>
        <title>SC PORT AUTH 5% 7/1/2054</title>
        <cusip>837123JL3</cusip>
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          <isin value="US837123JL37"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SONOMA CNTY CALIF JR COLLEGE</name>
        <lei>N/A</lei>
        <title>SONOMA JR CLG 3% 8/1/2041</title>
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          <isin value="US835569GL27"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 11/1/2030</title>
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          <isin value="US73358W4F81"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-11-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY MD SYS AUXILIARY FAC and TUITION</name>
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          <isin value="US91440AAZ75"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-04-01</maturityDt>
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      <invstOrSec>
        <name>CHICAGO IL WTR REV</name>
        <lei>N/A</lei>
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          <isin value="US167736E452"/>
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          <couponKind>Fixed</couponKind>
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        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
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          <isin value="US79766DKT53"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <title>NEW YORK NY CI 5% 8/1/2024</title>
        <cusip>64971XAF5</cusip>
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          <isin value="US64971XAF50"/>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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          <isin value="US57584XMN83"/>
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        <name>HAWAII ST ARPTS SYS REV</name>
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        <name>BROWARD CNTY FL WTR and SWR UTIL</name>
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        <name>CHICAGO IL OHARE INTL ARPT REV</name>
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        <name>MEDFORD OR HOSP FACS AUTH</name>
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        <name>NEW YORK ST DORM AUTH ST PERS INCOME TAX REV</name>
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        <name>METRO NASHVLL ARPT TN</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 5/1/2037</title>
        <cusip>64971W6Z8</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK ST MTG AGY HOMEOWNERMTG REV</name>
        <lei>549300ZQWNLLIG564027</lei>
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          <isin value="US64988YEN31"/>
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      <invstOrSec>
        <name>IDAHO HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US451295ZL62"/>
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      <invstOrSec>
        <name>CENTRAL PUGET SOUND WA REGL TRAN AUTH SALES and USE TAX REV</name>
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        <cusip>155048DK4</cusip>
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          <isin value="US155048DK41"/>
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        <valUSD>91680.86000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 3% 10/1/2034</title>
        <cusip>13063DQS0</cusip>
        <identifiers>
          <isin value="US13063DQS08"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45068.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASS BAY TRAN AUTH SLS TAX</name>
        <lei>N/A</lei>
        <title>MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV SR-SER A</title>
        <cusip>575579LH8</cusip>
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          <isin value="US575579LH83"/>
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        <valUSD>23030.04000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>LAS VEGAS NV CONVENT and VISIT</name>
        <lei>N/A</lei>
        <title>LAS VEGAS CONVE 4% 7/1/2048</title>
        <cusip>517704GM8</cusip>
        <identifiers>
          <isin value="US517704GM83"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49435.76000000</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>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROWARD CO FL ARPT</name>
        <lei>N/A</lei>
        <title>BROW CO FL ARPT 5% 10/1/2033 AMT</title>
        <cusip>114894WE4</cusip>
        <identifiers>
          <isin value="US114894WE48"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36371.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
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        <title>SAN FRAN ARPT 5% 5/1/2026</title>
        <cusip>79766DGB9</cusip>
        <identifiers>
          <isin value="US79766DGB91"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27197.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MI FIN AUTH 5% 7/1/2026</title>
        <cusip>59447PZH7</cusip>
        <identifiers>
          <isin value="US59447PZH71"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31455.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2029</title>
        <cusip>6461394Y8</cusip>
        <identifiers>
          <isin value="US6461394Y83"/>
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        <balance>45000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.05000000</annualizedRt>
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        <name>LOS ANGELES CALIF WTR and PWR RE</name>
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          <isin value="US544495T465"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CUYAHOGA CNTY OHIO HOSP REV</name>
        <lei>N/A</lei>
        <title>CUYAHOGA HOSP 5% 2/15/2052</title>
        <cusip>2322655T1</cusip>
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          <isin value="US2322655T17"/>
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        <name>CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE</name>
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          <isin value="US20775DET54"/>
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        <name>CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
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        <title>CITY HSG DEV CO 2.45% 11/1/2041</title>
        <cusip>64972EJ83</cusip>
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          <isin value="US64972EJ832"/>
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        <name>NEW YORK ST TWY AUTH GEN REV</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH 5% 1/1/2026</title>
        <cusip>650009F73</cusip>
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          <isin value="US650009F737"/>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>TX WTR 5% 10/15/2033</title>
        <cusip>8828545U2</cusip>
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          <isin value="US8828545U26"/>
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        <balance>170000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-10-15</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
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          <isin value="US6461362F76"/>
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        <balance>15000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERS INCOME TAX REV</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NYS DORM PIT 5% 3/15/2028</title>
        <cusip>64990EQP5</cusip>
        <identifiers>
          <isin value="US64990EQP50"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214723.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DO 5% 3/15/2043</title>
        <cusip>64990AGR0</cusip>
        <identifiers>
          <isin value="US64990AGR05"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79988.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 9/1/2024</title>
        <cusip>13063CZ29</cusip>
        <identifiers>
          <isin value="US13063CZ295"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47845.95000000</valUSD>
        <pctVal>0.038320582182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
        <title>LA DWAP CA WTR 5% 7/1/2025</title>
        <cusip>544525J90</cusip>
        <identifiers>
          <isin value="US544525J908"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10000.00000000</valUSD>
        <pctVal>0.008009159016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MATAGORDA CNTY TX NAV DIST NO1</name>
        <lei>N/A</lei>
        <title>MATAGORDA CNTY TEX NAV DIST NO1 POLLUTN CTL REV REF-AEP TEX PJ-A-RMKT 12/6/06</title>
        <cusip>576528CY7</cusip>
        <identifiers>
          <isin value="US576528CY75"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20707.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>MET PIER and EXPO AUTH IL DED CAP APPREC-MCCORMICK-A NATL</title>
        <cusip>592247K82</cusip>
        <identifiers>
          <isin value="US592247K825"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18888.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>MARYLAND HEALTH 2.50% 7/1/2051</title>
        <cusip>57421CCW2</cusip>
        <identifiers>
          <isin value="US57421CCW29"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57556.09000000</valUSD>
        <pctVal>0.046097587715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST CLEAN WTR REV</name>
        <lei>N/A</lei>
        <title>WI ST CLEAN WTR 5% 6/1/2028</title>
        <cusip>977092WW1</cusip>
        <identifiers>
          <isin value="US977092WW12"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237559.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/2037</title>
        <cusip>167593L91</cusip>
        <identifiers>
          <isin value="US167593L916"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48249.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN WASH DC ARPTS ATH</name>
        <lei>N/A</lei>
        <title>MTRO WA DC ARPT 5% 10/1/2027 @</title>
        <cusip>592647FA4</cusip>
        <identifiers>
          <isin value="US592647FA40"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71578.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY NV</name>
        <lei>N/A</lei>
        <title>CLARK COUNTY NV 5% 12/1/2028</title>
        <cusip>180848H22</cusip>
        <identifiers>
          <isin value="US180848H220"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45639.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COCORADO COP AMBAC</name>
        <lei>N/A</lei>
        <title>COLORADO ST COP 4% 12/15/2038</title>
        <cusip>196711UB9</cusip>
        <identifiers>
          <isin value="US196711UB90"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>280919.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ORANGE CNTY FL TOURIST DEV TAX</name>
        <lei>N/A</lei>
        <title>ORANGE FL T-TX 4% 10/1/2036</title>
        <cusip>684545ZY5</cusip>
        <identifiers>
          <isin value="US684545ZY53"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30054.62000000</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>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2025</title>
        <cusip>64966MP94</cusip>
        <identifiers>
          <isin value="US64966MP941"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32548.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC PUB SVC 5% 12/1/2029</title>
        <cusip>837151J83</cusip>
        <identifiers>
          <isin value="US837151J834"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41866.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LAFAYETTE LA UTILS REV</name>
        <lei>N/A</lei>
        <title>LAFAYETTE LA UT 5% 11/01/2028</title>
        <cusip>506498YQ1</cusip>
        <identifiers>
          <isin value="US506498YQ15"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60699.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METRO ATLANTA RAPID TRAN SALES</name>
        <lei>N/A</lei>
        <title>MARTA GA 3.125% 7/1/2046</title>
        <cusip>5917455F7</cusip>
        <identifiers>
          <isin value="US5917455F76"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20830.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN ANTONIO TX ELEC and GAS REV</name>
        <lei>N/A</lei>
        <title>SAN ANTONIO E and G 5% 2/1/48</title>
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          <isin value="US7962532R24"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50970.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CLARK CNTY NV SCHOOL DIST</name>
        <lei>N/A</lei>
        <title>CLARK CO NV SD 3% 6/15/2039</title>
        <cusip>181059H33</cusip>
        <identifiers>
          <isin value="US181059H330"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17093.66000000</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>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST D 3% 3/15/2049</title>
        <cusip>64990FYS7</cusip>
        <identifiers>
          <isin value="US64990FYS72"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83512.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 4% 5/15/2047</title>
        <cusip>5742182R3</cusip>
        <identifiers>
          <isin value="US5742182R33"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51004.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5% 6/15/2044</title>
        <cusip>646136R29</cusip>
        <identifiers>
          <isin value="US646136R292"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10097.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>NEW JERSEY EDUC 5% 6/15/2028</title>
        <cusip>646066EJ5</cusip>
        <identifiers>
          <isin value="US646066EJ55"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51381.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 5/1/2038</title>
        <cusip>64971XUA4</cusip>
        <identifiers>
          <isin value="US64971XUA44"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99872.67000000</valUSD>
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        <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>0.04000000</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>WEST HARRIS CNTY TX REGL WTR</name>
        <lei>N/A</lei>
        <title>WEST HARRIS WTR 3% 12/15/2058</title>
        <cusip>95308RRH4</cusip>
        <identifiers>
          <isin value="US95308RRH48"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104872.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/30</title>
        <cusip>13063CSW1</cusip>
        <identifiers>
          <isin value="US13063CSW19"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>180252.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 01/01/28</title>
        <cusip>167593RE4</cusip>
        <identifiers>
          <isin value="US167593RE47"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47321.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIV CAL REV 5% 5/15/2040</title>
        <cusip>91412GWE1</cusip>
        <identifiers>
          <isin value="US91412GWE15"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131243.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOS ANGELES CA DEPT ARPTS REV</name>
        <lei>N/A</lei>
        <title>LA CA AIRPT 5% 5/15/2034 @</title>
        <cusip>544445GS2</cusip>
        <identifiers>
          <isin value="US544445GS28"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129793.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUDSON YDS INFRASTRUCTURE CORP NY REV</name>
        <lei>N/A</lei>
        <title>HUDSON YARDS NY 4% 2/15/2036</title>
        <cusip>44420RAZ3</cusip>
        <identifiers>
          <isin value="US44420RAZ38"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119198.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 9/1/2025</title>
        <cusip>57582RTX4</cusip>
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          <isin value="US57582RTX43"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108815.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTGOMERY CNTY MD</name>
        <lei>N/A</lei>
        <title>MONTGMRY CO MD 4% 11/1/2031</title>
        <cusip>61334PCW1</cusip>
        <identifiers>
          <isin value="US61334PCW14"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109667.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSOURI ST HEFA EDL FACS REV</name>
        <lei>N/A</lei>
        <title>MO ST HLTH and ED 5% 6/1/2029</title>
        <cusip>60637AGK2</cusip>
        <identifiers>
          <isin value="US60637AGK25"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58017.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK DORM 4% 7/1/49</title>
        <cusip>64990GVJ8</cusip>
        <identifiers>
          <isin value="US64990GVJ83"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42839.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
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          <isin value="US89602N5J96"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <cusip>64971XKJ6</cusip>
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          <isin value="US64971XKJ62"/>
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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>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>CARLSBAD CA UNIFIED SCHOOL DIS</name>
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          <isin value="US142665DF22"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 5% 9/1/2030</title>
        <cusip>207758VS9</cusip>
        <identifiers>
          <isin value="US207758VS99"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64879.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 11/1/2035</title>
        <cusip>64971XRW0</cusip>
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          <isin value="US64971XRW01"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80691.89000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA CCD</name>
        <lei>N/A</lei>
        <title>LA CA CCD 4% 8/1/2035</title>
        <cusip>54438CXX5</cusip>
        <identifiers>
          <isin value="US54438CXX54"/>
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        <curCd>USD</curCd>
        <valUSD>20254.21000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>TX WTR 5% 8/1/2032</title>
        <cusip>882854D74</cusip>
        <identifiers>
          <isin value="US882854D749"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144510.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY N D CTFS PARTN</name>
        <lei>N/A</lei>
        <title>UNIVERSITY N D 4% 4/1/2057</title>
        <cusip>914724BQ1</cusip>
        <identifiers>
          <isin value="US914724BQ14"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180540.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SANTA CLARA CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SANTA CLARA SD 4% 7/1/48</title>
        <cusip>8014952D3</cusip>
        <identifiers>
          <isin value="US8014952D38"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>34329.59000000</valUSD>
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        <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>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AUGUSTA GA DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>AUGUSTA GA DEV 4% 7/1/2039</title>
        <cusip>05115CAS3</cusip>
        <identifiers>
          <isin value="US05115CAS35"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18085.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL WTR and SWR R</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE WTSW 4% 10/1/2039</title>
        <cusip>59334DJN5</cusip>
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          <isin value="US59334DJN57"/>
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        <balance>75000.00000000</balance>
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        <valUSD>75181.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN WASH DC ARPTS ATH</name>
        <lei>N/A</lei>
        <title>MTRO WA DC ARPT 5% 10/1/2044 AMT</title>
        <cusip>5926467A5</cusip>
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          <isin value="US5926467A52"/>
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        <balance>105000.00000000</balance>
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        <valUSD>107904.33000000</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>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>GEORGIA ST HSG and FIN AUTH REVFOR ISSUES DTD PRIOR TO 09/15/17 SEE 373539</name>
        <lei>N/A</lei>
        <title>GEORGIA ST HSG 3.95% 12/1/2043</title>
        <cusip>37353PBL2</cusip>
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          <isin value="US37353PBL22"/>
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        <balance>50000.00000000</balance>
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        <valUSD>49799.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
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          <annualizedRt>0.03950000</annualizedRt>
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        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>MET PIER and EXPO 0% 12/15/2023</title>
        <cusip>592248FL7</cusip>
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          <isin value="US592248FL73"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-15</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>MINNESOTA ST</name>
        <lei>N/A</lei>
        <title>MN ST 3.25% 8/1/2036</title>
        <cusip>60412AQG1</cusip>
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          <isin value="US60412AQG12"/>
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        <balance>5000.00000000</balance>
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        <valUSD>4940.78000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-01</maturityDt>
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          <annualizedRt>0.03250000</annualizedRt>
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        <name>SACRAMENTO CA FIN AUTH</name>
        <lei>N/A</lei>
        <title>SACRAMENTO CA CITY FING AUTH CAP APPREC-TAX ALLOCATION-A FGIC</title>
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          <isin value="US785849QS27"/>
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        <valUSD>60288.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5.25% 6/15/2031</title>
        <cusip>646136X63</cusip>
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          <isin value="US646136X639"/>
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        <balance>135000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TEXAS ST DEPT HSG and CMNTY SFR</name>
        <lei>N/A</lei>
        <title>TX SF-MRB 3% 3/1/2050</title>
        <cusip>88275FSF7</cusip>
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          <isin value="US88275FSF70"/>
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        <balance>30000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LEANDER TX INDPT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US521841FM31"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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        <cusip>64577BE42</cusip>
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          <isin value="US64577BE422"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
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        <cusip>544525J74</cusip>
        <identifiers>
          <isin value="US544525J742"/>
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        <valUSD>45000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 4% 6/15/2038</title>
        <cusip>64972GBY9</cusip>
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          <isin value="US64972GBY98"/>
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        <balance>65000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 3/1/2032</title>
        <cusip>13063DVA3</cusip>
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          <isin value="US13063DVA35"/>
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        <balance>50000.00000000</balance>
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        <valUSD>57711.26000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARICOPA CNTY ARIZ INDL DEV AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>MARICOPA C 4% 9/1/2051</title>
        <cusip>56678PBM8</cusip>
        <identifiers>
          <isin value="US56678PBM86"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CLACKAMAS CNTY ORE SCH DIS NO 46 OREGON TRAIL</name>
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        <title>CLACKAMAS CNTY OR SCH DIS NO 46 OR TRAIL CAP APPREC</title>
        <cusip>179126DG9</cusip>
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          <isin value="US179126DG91"/>
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        <valUSD>76788.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>GEORGIA MUN ELEC AUTH PWR REV</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US37329DBS53"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63894.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2042</title>
        <cusip>59261AUJ4</cusip>
        <identifiers>
          <isin value="US59261AUJ41"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75745.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
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        <cusip>574193UQ9</cusip>
        <identifiers>
          <isin value="US574193UQ98"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88174.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
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        <cusip>709224WR6</cusip>
        <identifiers>
          <isin value="US709224WR66"/>
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        <balance>55000.00000000</balance>
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        <valUSD>57911.10000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>KING CNTY WA PUB HOSP DIST 1</name>
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          <isin value="US494782JX43"/>
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        <valUSD>25346.35000000</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>
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        <name>JACKSONVILLE FLA SPL REV</name>
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        <cusip>469487PT3</cusip>
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          <isin value="US469487PT33"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
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          <isin value="US91412GVR37"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IOWA FIN AUTH HEALTH CARE FACS</name>
        <lei>N/A</lei>
        <title>IA FIN HLTH 5% 7/1/2033</title>
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          <isin value="US46246PMM04"/>
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        <balance>55000.00000000</balance>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REV</name>
        <lei>N/A</lei>
        <title>IL SALES TAX 3% 6/15/2033</title>
        <cusip>452227KE0</cusip>
        <identifiers>
          <isin value="US452227KE02"/>
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        <balance>25000.00000000</balance>
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        <valUSD>22691.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
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          <isin value="US64972GNK66"/>
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        <balance>60000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL TEXAS TURNPIKE</name>
        <lei>N/A</lei>
        <title>TX ST TPK CTTS1 5% 8/15/2029</title>
        <cusip>88283KAS7</cusip>
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          <isin value="US88283KAS78"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>118599.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT RIVER PROJ AZ AGRIC and PWR</name>
        <lei>N/A</lei>
        <title>SALT RIVER AZ 5% 1/1/2028</title>
        <cusip>79574CCM3</cusip>
        <identifiers>
          <isin value="US79574CCM38"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113360.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ASHWAUBENON WI CMNTY DEV AUTH LEASE REV</name>
        <lei>N/A</lei>
        <title>ASHWAUBENON CDA 0% 6/1/2049</title>
        <cusip>045142DL7</cusip>
        <identifiers>
          <isin value="US045142DL71"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47021.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>CITY HSG DEV CO 2.25% 11/1/2041</title>
        <cusip>64972EXR5</cusip>
        <identifiers>
          <isin value="US64972EXR51"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81738.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST D 5% 3/15/2032</title>
        <cusip>64990FNR1</cusip>
        <identifiers>
          <isin value="US64990FNR19"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55244.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT RIVER PROJ AZ AGRIC and PWR</name>
        <lei>N/A</lei>
        <title>SALT RIVER AZ 5% 1/1/31</title>
        <cusip>79574CBW2</cusip>
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          <isin value="US79574CBW29"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49273.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST MTG AGY HOMEOWNER MTG REV</name>
        <lei>N/A</lei>
        <title>NYS MTG HOME 3.45% 10/1/2030</title>
        <cusip>649883D93</cusip>
        <identifiers>
          <isin value="US649883D932"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114561.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03450000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5% 6/15/2023</title>
        <cusip>646136W64</cusip>
        <identifiers>
          <isin value="US646136W649"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46292.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHWESTERN CMNTY COLLEGE DIST CA</name>
        <lei>N/A</lei>
        <title>STHWSTRN CA CCD 2.375% 8/1/2046</title>
        <cusip>845389NE1</cusip>
        <identifiers>
          <isin value="US845389NE16"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67204.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
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      <invstOrSec>
        <name>JACKSONVILLE FLA SPL REV</name>
        <lei>N/A</lei>
        <title>JACKSONVILLE F 5.25% 10/1/2030</title>
        <cusip>469487HU9</cusip>
        <identifiers>
          <isin value="US469487HU97"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155294.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/2040</title>
        <cusip>64972GRX4</cusip>
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          <isin value="US64972GRX42"/>
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        <balance>135000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROWARD CNTY FL PRT FACS REV</name>
        <lei>N/A</lei>
        <title>BROWARD FL PORT 4% 9/1/2038 @</title>
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          <isin value="US11506KFG13"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 4% 12/1/2046</title>
        <cusip>574218T45</cusip>
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          <isin value="US574218T456"/>
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        <balance>15000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS CNTY TX FLOOD CTL DIST</name>
        <lei>N/A</lei>
        <title>HARRIS COUNTY F 4% 10/1/2033</title>
        <cusip>414019AN9</cusip>
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          <isin value="US414019AN96"/>
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        <balance>150000.00000000</balance>
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        <name>FOOTHILL/ESTRN TRANSN CA TOLL</name>
        <lei>N/A</lei>
        <title>FOOTHL/EASTN CA 0% 1/15/2024</title>
        <cusip>345105HS2</cusip>
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          <isin value="US345105HS20"/>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 5% 12/1/2030</title>
        <cusip>709224YU7</cusip>
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          <isin value="US709224YU77"/>
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        <balance>40000.00000000</balance>
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        <valUSD>44247.99000000</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>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST HLTH and ED FAC</name>
        <lei>N/A</lei>
        <title>MA HEFA BOSTON COLLEGE-M2-RMKT 3/19/08</title>
        <cusip>57586CT21</cusip>
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          <isin value="US57586CT212"/>
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        <valUSD>78297.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OHIO ST WTR DEV ATH WTR POLL UTION CTL REV(CUSIP)</name>
        <lei>N/A</lei>
        <title>OH WTR POL 5% 12/1/2040</title>
        <cusip>67766WZC9</cusip>
        <identifiers>
          <isin value="US67766WZC99"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89163.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WEST VIRGINIA ST HOSP FIN AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>WV HOSP 3% 6/1/2033</title>
        <cusip>956622L36</cusip>
        <identifiers>
          <isin value="US956622L363"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27544.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/2026</title>
        <cusip>13063DDQ8</cusip>
        <identifiers>
          <isin value="US13063DDQ88"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88563.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 3/1/2032</title>
        <cusip>13063DTG3</cusip>
        <identifiers>
          <isin value="US13063DTG33"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57711.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV</name>
        <lei>N/A</lei>
        <title>SAN JOAQUIN TCA 5% 1/15/2044</title>
        <cusip>798111GJ3</cusip>
        <identifiers>
          <isin value="US798111GJ32"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101840.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIVERSITY CAL 4% 5/15/2029</title>
        <cusip>91412HCK7</cusip>
        <identifiers>
          <isin value="US91412HCK77"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26629.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2031</title>
        <cusip>59259YQ85</cusip>
        <identifiers>
          <isin value="US59259YQ859"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52171.29000000</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>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MECKLENBURG CNTY NC</name>
        <lei>N/A</lei>
        <title>MECKLENBERG NC 3% 4/1/2037</title>
        <cusip>584002VT3</cusip>
        <identifiers>
          <isin value="US584002VT37"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45680.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>LEANDER TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>LEANDER TX ISD 0% 8/16/2044 PRE</title>
        <cusip>521841B96</cusip>
        <identifiers>
          <isin value="US521841B960"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2185.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST WTR RES AUTH</name>
        <lei>N/A</lei>
        <title>MA WTR/AGM 5.25% 8/1/30</title>
        <cusip>576049W30</cusip>
        <identifiers>
          <isin value="US576049W309"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171175.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>SAN JOSE CALIF ARPT REV</name>
        <lei>N/A</lei>
        <title>SAN JOSE ARPT 5% 3/1/2042</title>
        <cusip>798136WR4</cusip>
        <identifiers>
          <isin value="US798136WR41"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20920.32000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NEW JERSEY ST TPK AUTH TPK REVREF-SER A FSA</title>
        <cusip>646139A88</cusip>
        <identifiers>
          <isin value="US646139A888"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32936.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TWY AUTH GEN REV</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH 5% 1/1/2023</title>
        <cusip>650009G98</cusip>
        <identifiers>
          <isin value="US650009G982"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61001.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST TRANSN AUTH TRANSN</name>
        <lei>N/A</lei>
        <title>MD DOT TRAN FAC 3% 7/1/2047</title>
        <cusip>574300NX3</cusip>
        <identifiers>
          <isin value="US574300NX31"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>119781.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH MIAMI FL HLTH FCS HSP RV</name>
        <lei>N/A</lei>
        <title>SOUTH MIAMI FL 5% 8/15/23</title>
        <cusip>838810DL0</cusip>
        <identifiers>
          <isin value="US838810DL05"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77568.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HEALTH CARE FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>WA ST HLTH CAR 3.5% 8/15/2038</title>
        <cusip>93978HTR6</cusip>
        <identifiers>
          <isin value="US93978HTR65"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53866.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2046</title>
        <cusip>544495S47</cusip>
        <identifiers>
          <isin value="US544495S475"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73973.26000000</valUSD>
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        <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>0.05000000</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>ANAHEIM CALIF ELEM SCH DIST</name>
        <lei>N/A</lei>
        <title>ANAHEIM CA ELM 3% 8/1/2046</title>
        <cusip>032555NK6</cusip>
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        <name>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
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        <name>DISTRICT COLUMBIA WTR and SWR AU</name>
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        <name>ORLANDO FLA UTILS COMMN UTIL SYS REV</name>
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        <name>DENVER CO CITY and CNTY ARPT</name>
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          <isin value="US249182MQ66"/>
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        <name>NEW YORK CITY GO</name>
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      <invstOrSec>
        <name>MICHIGAN ST BLDG AUTH REV</name>
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          <isin value="US594615AM86"/>
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        <name>TENNESSEE ENGY ACQ CRP GAS REV</name>
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        <name>JEA FLA WTR and SWR SYS REV</name>
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          <isin value="US46613P3Q77"/>
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        <name>NEWPORTIMESA CA UNI SCH DIST</name>
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        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <name>METROPOLITAN TRANSN AUTH NY RV</name>
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        <name>CALIFORNIA ST</name>
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        <name>UPLAND CA CTFS PARTN</name>
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        <name>MASSACHUSETTS ST TRANSN FD REV</name>
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        <name>VIRGINIA COLLEGE BLDG AUTH EDL</name>
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        <name>NEW YORK CITY GO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LONG ISLAND PWR AUTH NY ELEC</name>
        <lei>N/A</lei>
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        <cusip>542691AU4</cusip>
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          <isin value="US542691AU41"/>
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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>LONG ISLAND PWR AUTH NY ELEC</name>
        <lei>N/A</lei>
        <title>LONG ISLAND PWR AUTH N Y ELEC SYS REV CAP APPREC</title>
        <cusip>542690PC0</cusip>
        <identifiers>
          <ticker value="LSLPWR"/>
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        <balance>90000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>SAN FRANCISCO CA PUC WATER</name>
        <lei>N/A</lei>
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        <cusip>79765RE21</cusip>
        <identifiers>
          <isin value="US79765RE216"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16054.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>DELAWARE RVR JT TOLL BRG PA NJ</name>
        <lei>N/A</lei>
        <title>DEL RIV TOLL 5% 7/1/2036</title>
        <cusip>246343LG0</cusip>
        <identifiers>
          <isin value="US246343LG04"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5427.94000000</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>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>WISCONSIN ST HEALTH and EDL FACS AUTH REV</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HT 4% 11/15/2039</title>
        <cusip>97712DQR0</cusip>
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          <isin value="US97712DQR07"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39513.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GAINESVILLE and HALL CNTY GA HSP ATH REV ANTIC CTFS (CUSIP) BBL 11/15/01</name>
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        <title>GNSVLL and HLL GA 5% 2/15/2031</title>
        <cusip>362762PG5</cusip>
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          <isin value="US362762PG56"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 5/1/2030</title>
        <cusip>57582RYD2</cusip>
        <identifiers>
          <isin value="US57582RYD24"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40664.89000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NY CONVENTION CTR DEV CORP REV</name>
        <lei>N/A</lei>
        <title>NY CONV CTR 0% 11/15/2044</title>
        <cusip>649451GJ4</cusip>
        <identifiers>
          <isin value="US649451GJ43"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23039.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 6/1/2045</title>
        <cusip>93974EGV2</cusip>
        <identifiers>
          <isin value="US93974EGV20"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16539.81000000</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>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 3.50% 6/1/2031</title>
        <cusip>452152D81</cusip>
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          <isin value="US452152D813"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67852.61000000</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>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 10/1/48</title>
        <cusip>13063DKE7</cusip>
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          <isin value="US13063DKE75"/>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>INDIANA MUN PWR AGY PWR SUPPLY</name>
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        <cusip>454898TP2</cusip>
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          <isin value="US454898TP20"/>
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        <balance>65000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>WISCONSIN ST HEALTH and EDL FACS AUTH REV</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HT 3.50% 2/15/2046</title>
        <cusip>97712DUE4</cusip>
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          <isin value="US97712DUE48"/>
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        <balance>20000.00000000</balance>
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        <valUSD>16684.61000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CLACKAMAS CNTY ORE SCH DIS NO 46 OREGON TRAIL</name>
        <lei>N/A</lei>
        <title>CLACKAMAS CNTY OR SCH DIS NO 46 OR TRAIL CAP APPREC</title>
        <cusip>179126DD6</cusip>
        <identifiers>
          <isin value="US179126DD60"/>
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        <valUSD>49316.71000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-15</maturityDt>
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      <invstOrSec>
        <name>MOBILE AL WTR and SWR COMMRS WTR</name>
        <lei>N/A</lei>
        <title>MOBILE AL W and S 5% 1/1/2029</title>
        <cusip>607142FR2</cusip>
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          <isin value="US607142FR21"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUDSON YDS INFRASTRUCTURE CORP NY REV</name>
        <lei>N/A</lei>
        <title>HUDSON YARDS NY 5% 2/15/2030</title>
        <cusip>44420RAR1</cusip>
        <identifiers>
          <isin value="US44420RAR12"/>
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        <balance>55000.00000000</balance>
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        <valUSD>60391.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEORGIA ST</name>
        <lei>N/A</lei>
        <title>GA ST 4% 7/1/2035</title>
        <cusip>373385HT3</cusip>
        <identifiers>
          <isin value="US373385HT30"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111108.07000000</valUSD>
        <pctVal>0.088988220059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>SALEM OR HOSP FAC AUTH REV</name>
        <lei>N/A</lei>
        <title>SALEM OR OHC 3% 5/15/2049</title>
        <cusip>794458FW4</cusip>
        <identifiers>
          <isin value="US794458FW44"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32691.47000000</valUSD>
        <pctVal>0.026183118169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>VIRGINIA SMALL BUSINESS FING AUTH REV</name>
        <lei>N/A</lei>
        <title>VA ST SBFA 4% 10/1/2038</title>
        <cusip>928104MA3</cusip>
        <identifiers>
          <isin value="US928104MA35"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35334.16000000</valUSD>
        <pctVal>0.028299690613</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>0.04000000</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>NEW YORK NY CTY TR CULT RES RV</name>
        <lei>N/A</lei>
        <title>NYC CULTURAL 4% 4/1/2028</title>
        <cusip>649717TB1</cusip>
        <identifiers>
          <isin value="US649717TB12"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79266.68000000</valUSD>
        <pctVal>0.063485944479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 11/1/2024</title>
        <cusip>57582RQV1</cusip>
        <identifiers>
          <isin value="US57582RQV14"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64077.88000000</valUSD>
        <pctVal>0.051320993033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>DISTRICT COLUMBIA INCOME TAX REV</name>
        <lei>N/A</lei>
        <title>DC INCOME TAX 5% 10/1/2029</title>
        <cusip>25477GPZ2</cusip>
        <identifiers>
          <isin value="US25477GPZ27"/>
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        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>208339.20000000</valUSD>
        <pctVal>0.166862178207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TRIBOROUGH BRDG and TUNL NY REVS</name>
        <lei>N/A</lei>
        <title>TRIBE_NY 5% 11/15/2037</title>
        <cusip>89602N4K7</cusip>
        <identifiers>
          <isin value="US89602N4K78"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42723.13000000</valUSD>
        <pctVal>0.034217634183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>GRIFFIN-SPALDING CNTY GA HOSP REV</name>
        <lei>N/A</lei>
        <title>GRIFFIN HOSP 3.75% 4/1/2047</title>
        <cusip>398258AX1</cusip>
        <identifiers>
          <isin value="US398258AX16"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8884.36000000</valUSD>
        <pctVal>0.007115625199</pctVal>
        <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>0.03750000</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>NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>NEW JERSEY EDUC 5% 9/1/2025</title>
        <cusip>646066CD0</cusip>
        <identifiers>
          <isin value="US646066CD04"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46740.14000000</valUSD>
        <pctVal>0.037434921369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW MEXICO ST SEVERANCE TAX</name>
        <lei>N/A</lei>
        <title>NM SEVERAN 5% 7/1/2023</title>
        <cusip>6473102U4</cusip>
        <identifiers>
          <isin value="US6473102U44"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30975.40000000</valUSD>
        <pctVal>0.024808690418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CLARK CNTY NV</name>
        <lei>N/A</lei>
        <title>CLARK COUNTY NV 5% 12/1/2024</title>
        <cusip>180848G64</cusip>
        <identifiers>
          <isin value="US180848G644"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48044.16000000</valUSD>
        <pctVal>0.038479331723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIV CAL REV 5% 5/15/2028</title>
        <cusip>91412GYM1</cusip>
        <identifiers>
          <isin value="US91412GYM13"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43040.09000000</valUSD>
        <pctVal>0.034471492487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 4/1/2035</title>
        <cusip>57582RMS2</cusip>
        <identifiers>
          <isin value="US57582RMS21"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108442.56000000</valUSD>
        <pctVal>0.086853370714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/2023</title>
        <cusip>544646S60</cusip>
        <identifiers>
          <isin value="US544646S606"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134278.78000000</valUSD>
        <pctVal>0.107546010149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SAUGUS UNION SCHOOL DISTRICT SCHOOL FACILITIES IMPROVEMENT DISTRICT NO 2014-1</name>
        <lei>N/A</lei>
        <title>SAUGUS UNION SC 2.375% 8/1/2044</title>
        <cusip>804237CH6</cusip>
        <identifiers>
          <isin value="US804237CH66"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>107098.71000000</valUSD>
        <pctVal>0.085777059880</pctVal>
        <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>0.02375000</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>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 6/1/2029</title>
        <cusip>25476FUB2</cusip>
        <identifiers>
          <isin value="US25476FUB20"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49943.07000000</valUSD>
        <pctVal>0.040000198937</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>0.05000000</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>ARIZONA HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>AZ HLTH REV 5% 12/1/2026</title>
        <cusip>040507PG4</cusip>
        <identifiers>
          <isin value="US040507PG41"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36744.20000000</valUSD>
        <pctVal>0.029429014071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK DORM 5% 7/1/2027</title>
        <cusip>64990GJC7</cusip>
        <identifiers>
          <isin value="US64990GJC78"/>
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        <name>MASSACHUSETTS ST DEV FIN AGY REV</name>
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        <name>MARYLAND ST TA PSNGR FAC CHRG</name>
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        <name>WASHINGTON ST</name>
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        <name>OREGON ST DEPT TRNS HWY USR TX REV</name>
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        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
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        <cusip>6461395E1</cusip>
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        <name>M-S-R ENERGY AUTH CALIF GAS REV</name>
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          <isin value="US55374SAA87"/>
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        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
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      <invstOrSec>
        <name>COLUMBUS OHIO</name>
        <lei>N/A</lei>
        <title>COLUMBUS OHIO 4% 8/15/2027</title>
        <cusip>199492QT9</cusip>
        <identifiers>
          <isin value="US199492QT95"/>
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        <balance>45000.00000000</balance>
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        <valUSD>47235.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTD DEBT</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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        <name>CHICAGO IL</name>
        <lei>N/A</lei>
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        <cusip>167484QW7</cusip>
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        <balance>40000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>SAN ANTONIO TX ELEC and GAS REV</name>
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        <balance>10000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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        <name>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV</name>
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        <name>MICHIGAN ST STRATEGIC FD LTD OBLIG REV</name>
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          <isin value="US594698QL97"/>
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        <name>NEW YORK ST TWY AUTH GEN REV</name>
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          <isin value="US650010CE93"/>
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        <name>PENNSYLVANIA ST</name>
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        <name>TEXAS STATE</name>
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          <isin value="US882723TD19"/>
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      <invstOrSec>
        <name>LEANDER TX INDPT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US521841TA47"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DO 5% 3/15/2048</title>
        <cusip>64990AQN8</cusip>
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          <isin value="US64990AQN80"/>
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        <balance>75000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MONTANA FACILITY FIN AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US61204KKU42"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
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        <title>TRIBE_NY 5% 11/15/2026</title>
        <cusip>89602N6U3</cusip>
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          <isin value="US89602N6U33"/>
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        <curCd>USD</curCd>
        <valUSD>55641.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST URBAN DEV CORP REV</name>
        <lei>N/A</lei>
        <title>NYS UDC 5% 3/15/2029</title>
        <cusip>650035ZB7</cusip>
        <identifiers>
          <isin value="US650035ZB74"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40785.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MINNEAPOLIS MET AIRPORT COMMIS</name>
        <lei>N/A</lei>
        <title>MN MAC PORT REV 5% 1/1/2049</title>
        <cusip>603827C61</cusip>
        <identifiers>
          <isin value="US603827C612"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36826.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTGOMERY CNTY MD</name>
        <lei>N/A</lei>
        <title>MONTGMRY CO MD 5% 11/1/2029</title>
        <cusip>6133403N6</cusip>
        <identifiers>
          <isin value="US6133403N64"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90717.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE PUB SCH BLDG AUTH PA SCH</name>
        <lei>N/A</lei>
        <title>PA PSBA SCH 4% 12/1/2031</title>
        <cusip>85732TKU5</cusip>
        <identifiers>
          <isin value="US85732TKU50"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114126.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>UTAH TRAN AUTH SALES TAX REV</name>
        <lei>N/A</lei>
        <title>UT TRANSIT 5% 6/15/2026</title>
        <cusip>917567AN9</cusip>
        <identifiers>
          <isin value="US917567AN94"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16236.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SAN MATEO CNTY CALIF CMNTY COL DIST</name>
        <lei>N/A</lei>
        <title>SAN MATEO CNTY CALIF CMNTY COLLEGE DIST CAP APPREC-ELECTION 2005-SER BMBIA</title>
        <cusip>799038GK4</cusip>
        <identifiers>
          <isin value="US799038GK45"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>124711.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JEFFERSON LA SALES TAX DIST</name>
        <lei>N/A</lei>
        <title>JEFF LA TAX 4% 12/1/2042</title>
        <cusip>474176LM4</cusip>
        <identifiers>
          <isin value="US474176LM48"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4851.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>ALABAMA FED AID HWY FIN AUTH SPL OBLIG REV</name>
        <lei>N/A</lei>
        <title>AL FEDERAL 4% 6/1/2037</title>
        <cusip>010268BY5</cusip>
        <identifiers>
          <isin value="US010268BY54"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26990.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ ST TRANSN TR FD AUTH CAP APPREC-TRANSN SYS-SER A</title>
        <cusip>646136WC1</cusip>
        <identifiers>
          <isin value="US646136WC15"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43238.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINO VY UNI SCH DIST CALIF</name>
        <lei>N/A</lei>
        <title>CHINO VY USD CA 5.25% 8/1/2047</title>
        <cusip>169583FU0</cusip>
        <identifiers>
          <isin value="US169583FU07"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27006.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIV CAL REV 5% 5/15/2025</title>
        <cusip>91412GZE8</cusip>
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          <isin value="US91412GZE87"/>
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        <balance>50000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 5% 4/15/2027</title>
        <cusip>20772KDB2</cusip>
        <identifiers>
          <isin value="US20772KDB26"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MINNESOTA ST</name>
        <lei>N/A</lei>
        <title>MN ST 5% 8/1/2027</title>
        <cusip>60412ARP0</cusip>
        <identifiers>
          <isin value="US60412ARP02"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113220.17000000</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>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NJ HEALTH CARE FACS FING AUTH ST CONTRACT</name>
        <lei>N/A</lei>
        <title>NJ HLTH CR FAC 5% 10/1/2023</title>
        <cusip>64580ABK6</cusip>
        <identifiers>
          <isin value="US64580ABK60"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5192.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST HSG FIN AGY RESIDENTIA L MTG REV</name>
        <lei>N/A</lei>
        <title>OH HFA RES MTG 3% 3/1/2052</title>
        <cusip>67756QL96</cusip>
        <identifiers>
          <isin value="US67756QL968"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136986.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PA ST 5% 8/15/2032</title>
        <cusip>70914PYB2</cusip>
        <identifiers>
          <isin value="US70914PYB20"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63422.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>CITY HSG DEV CO 3.25% 11/1/2049</title>
        <cusip>64972EHL6</cusip>
        <identifiers>
          <isin value="US64972EHL65"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28528.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</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>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5% 6/15/2030</title>
        <cusip>6461363N9</cusip>
        <identifiers>
          <isin value="US6461363N91"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53267.15000000</valUSD>
        <pctVal>0.042662507468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 4.125% 11/1/2031</title>
        <cusip>452152M65</cusip>
        <identifiers>
          <isin value="US452152M657"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40232.33000000</valUSD>
        <pctVal>0.032222712855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</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>CHAT-HAMIL</name>
        <lei>N/A</lei>
        <title>CHATANOOGA-HAMLTN CNTY TN HOSP CHAT-HAMIL HOSP 5% 10/1/2044</title>
        <cusip>162362HY6</cusip>
        <identifiers>
          <isin value="US162362HY60"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31262.91000000</valUSD>
        <pctVal>0.025038961749</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>0.05000000</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>NEW YORK ST URBAN EEV CORP STSALES TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST URB 4% 3/15/2046</title>
        <cusip>64985TAR2</cusip>
        <identifiers>
          <isin value="US64985TAR23"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72591.24000000</valUSD>
        <pctVal>0.058139478433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV SER NN 5% 3/1/2024</title>
        <cusip>645918T78</cusip>
        <identifiers>
          <isin value="US645918T787"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10190.83000000</valUSD>
        <pctVal>0.008161997797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2029</title>
        <cusip>64966QPR5</cusip>
        <identifiers>
          <isin value="US64966QPR55"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142749.36000000</valUSD>
        <pctVal>0.114330232367</pctVal>
        <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>0.05000000</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>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5.25% 6/15/2032</title>
        <cusip>646136X71</cusip>
        <identifiers>
          <isin value="US646136X712"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72795.13000000</valUSD>
        <pctVal>0.058302777176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>COOK CNTY IL CMNTY COLL DIST</name>
        <lei>N/A</lei>
        <title>COOK CY CCD508 5.25% 12/1/2030</title>
        <cusip>213187CF2</cusip>
        <identifiers>
          <isin value="US213187CF21"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40716.68000000</valUSD>
        <pctVal>0.032610636472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORTH MIAMI BEACH FLA WTR REV</name>
        <lei>N/A</lei>
        <title>NORTH MIAMI BEA 5% 8/1/2044</title>
        <cusip>661046BK7</cusip>
        <identifiers>
          <isin value="US661046BK75"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66374.87000000</valUSD>
        <pctVal>0.053160688849</pctVal>
        <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>0.05000000</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>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIV CAL REV 5% 5/15/2036</title>
        <cusip>91412G2G9</cusip>
        <identifiers>
          <isin value="US91412G2G96"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86468.70000000</valUSD>
        <pctVal>0.069254156820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>UNIVERSITY AZ UNIV REVS</name>
        <lei>N/A</lei>
        <title>UNIV AZ 5% 6/1/2042</title>
        <cusip>040484QU4</cusip>
        <identifiers>
          <isin value="US040484QU49"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47781.59000000</valUSD>
        <pctVal>0.038269035234</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>0.05000000</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>TENNESSEE HSG DEV AGY RESIDENTIAL FIN PROG REV</name>
        <lei>N/A</lei>
        <title>TENNESSEE HSG D 3.75% 7/1/2038</title>
        <cusip>880461VW5</cusip>
        <identifiers>
          <isin value="US880461VW53"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29765.87000000</valUSD>
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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>0.03750000</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>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 3.25% 12/1/2039 @</title>
        <cusip>646080UN9</cusip>
        <identifiers>
          <isin value="US646080UN93"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76474.81000000</valUSD>
        <pctVal>0.061249891401</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>0.03250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK ST TWY AUTH GEN REV</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH 4% 1/1/2047</title>
        <cusip>650009U76</cusip>
        <identifiers>
          <isin value="US650009U769"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191887.94000000</valUSD>
        <pctVal>0.153686102471</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 3% 5/1/2034</title>
        <cusip>64971W7D6</cusip>
        <identifiers>
          <isin value="US64971W7D65"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>46775.32000000</valUSD>
        <pctVal>0.037463097590</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>0.03000000</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>PENNSYLVANIA HSG FIN AGY SINGL E FAMILY MTG</name>
        <lei>N/A</lei>
        <title>PA HFA SF 3.65% 10/1/2042</title>
        <cusip>7087968F7</cusip>
        <identifiers>
          <isin value="US7087968F76"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>CENTRAL PUGET SOUND WA REGL TRAN AUTH SALES and USE TAX REV</name>
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          <isin value="US155048CZ29"/>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
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        <cusip>544647DA5</cusip>
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        <name>FAIRFAX CNTY VA ECONOMIC DEV AUTH TRANSN CONTRACT REV</name>
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        <cusip>30383ADS7</cusip>
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          <isin value="US30383ADS78"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CLACKAMAS CNTY ORE SCH DIS NO 46 OREGON TRAIL</name>
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        <title>CLACKAMAS CNTY OR SCH DIS NO 46 OR TRAIL CAP APPREC</title>
        <cusip>179126DA2</cusip>
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          <isin value="US179126DA22"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>COLUMBUS OHIO</name>
        <lei>N/A</lei>
        <title>COLUMBUS OHIO 5% 4/1/2030</title>
        <cusip>199492WA3</cusip>
        <identifiers>
          <isin value="US199492WA31"/>
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        <balance>120000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN WTR DIST SOUTHN CALIF</name>
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        <title>MET WTR DIST SO 5% 10/1/2033</title>
        <cusip>59266TRF0</cusip>
        <identifiers>
          <isin value="US59266TRF02"/>
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        <balance>55000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOWER COLO RIV AUTH TX REV</name>
        <lei>N/A</lei>
        <title>LCRA TX 5% 5/15/2034</title>
        <cusip>54811BUT6</cusip>
        <identifiers>
          <isin value="US54811BUT69"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99356.45000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 5% 1/15/2024</title>
        <cusip>20772KJH3</cusip>
        <identifiers>
          <isin value="US20772KJH32"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52283.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSOURI JT MUN ELEC UTIL COMM N PWR PROJ REV</name>
        <lei>N/A</lei>
        <title>MO JT MUNI ELEC 4% 12/1/2036</title>
        <cusip>606092LF9</cusip>
        <identifiers>
          <isin value="US606092LF94"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40991.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COAST COMMUNIT COLLEGE DIST CA</name>
        <lei>N/A</lei>
        <title>COAST CCD CA 5% 8/1/2038</title>
        <cusip>190335FQ7</cusip>
        <identifiers>
          <isin value="US190335FQ75"/>
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        <balance>90000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>MONROEVILLE PA FIN AU UPMC REV</name>
        <lei>N/A</lei>
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          <isin value="US611530BC99"/>
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        <name>TEXAS STATE</name>
        <lei>N/A</lei>
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        <cusip>882724QS9</cusip>
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          <isin value="US882724QS97"/>
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        <balance>85000.00000000</balance>
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        <name>NEW YORK ST ENV FAC CORP CWDW</name>
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        <title>NYS ENV CWD 5% 6/15/2030</title>
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          <isin value="US64986DGJ81"/>
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        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 4% 11/15/2049</title>
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          <isin value="US59261AYW16"/>
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      <invstOrSec>
        <name>UNIVERSITY HOUSTON TX UNIV REV</name>
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          <isin value="US9143015Y83"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>LONG ISLAND PWR AUTH NY ELEC</name>
        <lei>N/A</lei>
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          <isin value="US542691AC43"/>
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        <balance>65000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 3% 11/15/2028</title>
        <cusip>59259YVZ9</cusip>
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          <isin value="US59259YVZ95"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOOTHILL-DE ANZA CA CMTY COL D</name>
        <lei>N/A</lei>
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        <cusip>345102DP9</cusip>
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          <isin value="US345102DP95"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>TX WTR 5% 8/1/2033</title>
        <cusip>8828543E0</cusip>
        <identifiers>
          <isin value="US8828543E02"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17278.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</name>
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        <title>MASS DEVEL FIN 4% 7/1/2044</title>
        <cusip>57584YER6</cusip>
        <identifiers>
          <isin value="US57584YER62"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>162655.86000000</valUSD>
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        <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>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
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        <cusip>646136EV9</cusip>
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          <isin value="US646136EV97"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSITY OF TEXAS UNIV REVS</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
        <title>UNIV TX 5% 8/15/2031</title>
        <cusip>91514AJK2</cusip>
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          <isin value="US91514AJK25"/>
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        <balance>85000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SACRAMENTO CALIF TRANSIENT OCCUPANCY TAX REV</name>
        <lei>N/A</lei>
        <title>SACRAMENTO TRAN 5% 6/1/2043</title>
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          <isin value="US786073AV82"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GARLAND TX INDPT SCH DIS</name>
        <lei>N/A</lei>
        <title>GARLAND TX ISD 4% 2/15/2033</title>
        <cusip>366155N70</cusip>
        <identifiers>
          <isin value="US366155N703"/>
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        <balance>240000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2027</title>
        <cusip>59261AWY9</cusip>
        <identifiers>
          <isin value="US59261AWY99"/>
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        <balance>20000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OWATONNA MN IND SCH DIST 761</name>
        <lei>N/A</lei>
        <title>OWATONNA MN ISD 2.125% 2/1/2040</title>
        <cusip>690564RX9</cusip>
        <identifiers>
          <isin value="US690564RX99"/>
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        <balance>145000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
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      <invstOrSec>
        <name>E-470 PUB HWY AUTH COLO REV</name>
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          <ticker value="EHYTRN"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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        <name>HOUSTON TX HOTEL OCC TX and SPL RV</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 4% 1/1/2031</title>
        <cusip>452152A84</cusip>
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          <isin value="US452152A843"/>
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        <balance>70000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
        <lei>N/A</lei>
        <title>TRIBE_NY 0% 11/15/2032</title>
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          <isin value="US89602NG247"/>
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        <balance>35000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 7/1/2029</title>
        <cusip>93974DPZ5</cusip>
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          <isin value="US93974DPZ59"/>
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        <balance>40000.00000000</balance>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FLA AVIAT REV</name>
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        <title>MIAMI-DADE AVI 5% 10/1/41</title>
        <cusip>59333PU30</cusip>
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          <isin value="US59333PU308"/>
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        <balance>20000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLLEGE MAINLAND TEX</name>
        <lei>N/A</lei>
        <title>COLLEGE MAINLAN 3.75% 8/15/2049</title>
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          <isin value="US19427PBY43"/>
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        <balance>20000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IDAHO HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>ID HLTH REV 5% 3/1/2028</title>
        <cusip>451295ZM4</cusip>
        <identifiers>
          <isin value="US451295ZM46"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212680.94000000</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>0.05000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 4% 12/1/2024</title>
        <cusip>13063DZT8</cusip>
        <identifiers>
          <isin value="US13063DZT89"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104599.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>CALIFORNIA EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>CALIFORNIA EDL FACS AUTH REV LOYOLA-MARYMOUNT UNIV INSURER MBIA</title>
        <cusip>130175SD5</cusip>
        <identifiers>
          <isin value="US130175SD58"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130662.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ECN 4% 11/1/2037</title>
        <cusip>64577XBA3</cusip>
        <identifiers>
          <isin value="US64577XBA37"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39641.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>HAWAII ST</name>
        <lei>N/A</lei>
        <title>HI ST 5% 10/01/26</title>
        <cusip>419792CE4</cusip>
        <identifiers>
          <isin value="US419792CE48"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141245.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OHIO ST 5% 11/1/2028</title>
        <cusip>677522HA5</cusip>
        <identifiers>
          <isin value="US677522HA54"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37520.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TENNESSEE ENGY ACQ CRP GAS REV</name>
        <lei>N/A</lei>
        <title>TENNESSEE ENERGY ACQUISITION CORP GAS REV SER A</title>
        <cusip>880443BR6</cusip>
        <identifiers>
          <isin value="US880443BR65"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>130113.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>HONOLULU HI CTY and CNTY WASTEWTR SYS REV</name>
        <lei>N/A</lei>
        <title>HONOLULU WSTWTR 3.375% 7/1/2042</title>
        <cusip>438701P99</cusip>
        <identifiers>
          <isin value="US438701P992"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35590.68000000</valUSD>
        <pctVal>0.028505141560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</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>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV</name>
        <lei>N/A</lei>
        <title>SAN JOAQUIN TCA 0% 1/1/2028 ETM</title>
        <cusip>798111BD1</cusip>
        <identifiers>
          <isin value="US798111BD17"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30261.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAWAII ST</name>
        <lei>N/A</lei>
        <title>HI ST 3.5% 1/1/2038</title>
        <cusip>419792YF7</cusip>
        <identifiers>
          <isin value="US419792YF74"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33697.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>CALIFORNIA EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>CALIFORNIA EDL FACS AUTH REV LOYOLA-MARYMOUNT UNIV-SER A</title>
        <cusip>130175SJ2</cusip>
        <identifiers>
          <ticker value="CASEDU"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9489.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/26@</title>
        <cusip>167593MP4</cusip>
        <identifiers>
          <isin value="US167593MP49"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76013.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FRISCO TEX INDPT SCH DIS</name>
        <lei>N/A</lei>
        <title>FRISCO TX ISCD 4% 8/15/2035</title>
        <cusip>35880CXN9</cusip>
        <identifiers>
          <isin value="US35880CXN90"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10387.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KNOX CNTY TENN HEALTH EDL and HSG FAC BRD HOSP REV</name>
        <lei>N/A</lei>
        <title>KNOX TN HOSP 4% 1/1/2042</title>
        <cusip>499527CJ6</cusip>
        <identifiers>
          <isin value="US499527CJ62"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9777.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
        <lei>N/A</lei>
        <title>NYC TFA BARB 5% 7/15/2029</title>
        <cusip>64972HVH2</cusip>
        <identifiers>
          <isin value="US64972HVH29"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63731.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 3% 07/15/2028 AMT</title>
        <cusip>73358WMC5</cusip>
        <identifiers>
          <isin value="US73358WMC54"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50072.88000000</valUSD>
        <pctVal>0.040104165831</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SALT RIVER PROJ AZ AGRIC and PWR</name>
        <lei>N/A</lei>
        <title>SALT RIVER AZ 5% 1/1/2027</title>
        <cusip>79574CBS1</cusip>
        <identifiers>
          <isin value="US79574CBS17"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55867.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HOUSTON TX UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX UTIL 5% 5/15/2026</title>
        <cusip>4424354C4</cusip>
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          <isin value="US4424354C46"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79066.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK LIBERTY DEV CORP LIB</name>
        <lei>N/A</lei>
        <title>NY LIBERTY DEV 2.75% 2/15/2044</title>
        <cusip>649519EN1</cusip>
        <identifiers>
          <isin value="US649519EN15"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88528.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALAMEDA CORRIDOR TRAN A CA RV</name>
        <lei>N/A</lei>
        <title>ACTA CA RV 3% 10/1/2034</title>
        <cusip>010869HC2</cusip>
        <identifiers>
          <isin value="US010869HC24"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13923.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>MASSACHUSETTS ED LN AUTH ED LN</name>
        <lei>N/A</lei>
        <title>MA ED LN AUTH 5% 1/1/2026 AMT</title>
        <cusip>57563RLY3</cusip>
        <identifiers>
          <isin value="US57563RLY35"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63016.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MIAMI BCH FL MT SINAI MED CTR</name>
        <lei>N/A</lei>
        <title>MIAMI BCH HFA 5% 11/15/2039</title>
        <cusip>593211EW1</cusip>
        <identifiers>
          <isin value="US593211EW15"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25416.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>INDIANAPOLIS IN LOC PUB IMPT BOND BANK</name>
        <lei>N/A</lei>
        <title>INDIANAPOLIS IND LOC PUB IMPT BD BK CAP APPREC-SER E</title>
        <cusip>455280M53</cusip>
        <identifiers>
          <ticker value="INPBBK"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4233.19000000</valUSD>
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        <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>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PA ST 5% 5/1/2028</title>
        <cusip>70914PR53</cusip>
        <identifiers>
          <isin value="US70914PR538"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113082.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY NE UNIV REVS</name>
        <lei>N/A</lei>
        <title>UNIV NE REV 3% 7/1/2039</title>
        <cusip>9146417P4</cusip>
        <identifiers>
          <isin value="US9146417P40"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46266.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
        <title>MD ST 5% 08/01/25</title>
        <cusip>574193PD4</cusip>
        <identifiers>
          <isin value="US574193PD41"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32585.93000000</valUSD>
        <pctVal>0.026098589505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ILLINOIS FIN AUTH RV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FIN AT 4% 7/1/2030</title>
        <cusip>45204EJM1</cusip>
        <identifiers>
          <isin value="US45204EJM12"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62001.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>CALIFORNIA MUN FN AUTH REV</name>
        <lei>N/A</lei>
        <title>CALIFORNIA MN A 5% 12/31/2028 @</title>
        <cusip>13048VBL1</cusip>
        <identifiers>
          <isin value="US13048VBL18"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63481.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DISTRICT COLUMBIA HOSP REV</name>
        <lei>N/A</lei>
        <title>DC WASH HOSP 5% 7/15/2024</title>
        <cusip>254764JN4</cusip>
        <identifiers>
          <isin value="US254764JN45"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120929.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRI COUNTY MET DIST</name>
        <lei>N/A</lei>
        <title>TRI-CNTY MET OR 5% 10/1/2022</title>
        <cusip>89546RNZ3</cusip>
        <identifiers>
          <isin value="US89546RNZ37"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116001.09000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONONDAGA CNTY NY TR CULTURAL RES REV</name>
        <lei>N/A</lei>
        <title>ONONDAGA CO NY 5% 12/1/2040</title>
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          <isin value="US68276FDM95"/>
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        <valUSD>173048.32000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PALOMAR CALIF CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>PALOMAR CA CCD 0% 8/1/45</title>
        <cusip>697511BY8</cusip>
        <identifiers>
          <ticker value="PMRHGR"/>
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        <balance>50000.00000000</balance>
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        <valUSD>43244.35000000</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>2045-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST D 5% 3/15/2040</title>
        <cusip>64990FKX1</cusip>
        <identifiers>
          <isin value="US64990FKX14"/>
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        <balance>90000.00000000</balance>
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        <valUSD>96331.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-03-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL TRAN AUTH CAP GRNT RCPTS REV</name>
        <lei>N/A</lei>
        <title>CTA TRNST GARVE 5% 6/1/2025</title>
        <cusip>167723GN9</cusip>
        <identifiers>
          <isin value="US167723GN91"/>
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        <balance>30000.00000000</balance>
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        <valUSD>31977.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV</name>
        <lei>N/A</lei>
        <title>GRAND PARKWAY T 5% 10/01/37</title>
        <cusip>38611TBN6</cusip>
        <identifiers>
          <isin value="US38611TBN63"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43425.56000000</valUSD>
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        <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>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MI FIN AUTH 5% 7/1/2029</title>
        <cusip>59447PZL8</cusip>
        <identifiers>
          <isin value="US59447PZL83"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72966.40000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANA HEALTH and EDL FAC FING AUTH REV</name>
        <lei>N/A</lei>
        <title>IN HEFFA 5% 11/15/2046</title>
        <cusip>454795FJ9</cusip>
        <identifiers>
          <isin value="US454795FJ93"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105618.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 5% 4/15/2027</title>
        <cusip>20772J6P2</cusip>
        <identifiers>
          <isin value="US20772J6P23"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27916.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL WTR and SWR R</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE WTSW 3.125% 10/1/2039</title>
        <cusip>59334DKP8</cusip>
        <identifiers>
          <isin value="US59334DKP86"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4447.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST HSG FIN AGY</name>
        <lei>N/A</lei>
        <title>NYS_HFA 3.05% 11/1/2052</title>
        <cusip>64987DM43</cusip>
        <identifiers>
          <isin value="US64987DM430"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45931.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03050000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>KAWEAH DELTA HEALTH CARE DIST CALIF REV</name>
        <lei>N/A</lei>
        <title>KAWEAH DELTA 4% 6/1/2045</title>
        <cusip>486375HB7</cusip>
        <identifiers>
          <isin value="US486375HB73"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70812.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>MARYLAND ST DEPT TRANSN CONS</name>
        <lei>N/A</lei>
        <title>MD DOT CONS TRN 3% 5/1/2031</title>
        <cusip>574204K69</cusip>
        <identifiers>
          <isin value="US574204K695"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40075.99000000</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>0.03000000</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>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 7/1/2026</title>
        <cusip>57582RKL9</cusip>
        <identifiers>
          <isin value="US57582RKL95"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44225.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 11/1/23</title>
        <cusip>57582RQU3</cusip>
        <identifiers>
          <isin value="US57582RQU31"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62523.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSISSIPPI ST</name>
        <lei>N/A</lei>
        <title>MS ST 5% 10/1/2030</title>
        <cusip>605581JN8</cusip>
        <identifiers>
          <isin value="US605581JN80"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72244.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN MUN PWR REV</name>
        <lei>N/A</lei>
        <title>AMERICAN MUN OH 5% 2/15/2027</title>
        <cusip>02765UGA6</cusip>
        <identifiers>
          <isin value="US02765UGA60"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5208.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 2/1/27</title>
        <cusip>452152G88</cusip>
        <identifiers>
          <isin value="US452152G881"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69783.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG BEACH CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LONGBEACH CA SD 3% 8/1/2032</title>
        <cusip>542433RF6</cusip>
        <identifiers>
          <isin value="US542433RF69"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33645.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 7/1/2027</title>
        <cusip>57582RTJ5</cusip>
        <identifiers>
          <isin value="US57582RTJ58"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22514.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA</name>
        <lei>N/A</lei>
        <title>PHILA PA 5% 8/1/2023</title>
        <cusip>717813VG1</cusip>
        <identifiers>
          <isin value="US717813VG11"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41375.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DO 5% 3/15/2029</title>
        <cusip>64990AEZ4</cusip>
        <identifiers>
          <isin value="US64990AEZ49"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87764.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS FIN AUTH RV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FIN AT 5% 7/1/2024</title>
        <cusip>45204EJF6</cusip>
        <identifiers>
          <isin value="US45204EJF60"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380922.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/2026</title>
        <cusip>13063CUT5</cusip>
        <identifiers>
          <isin value="US13063CUT51"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70447.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBAC 5% 6/1/2035</title>
        <cusip>38122NYL0</cusip>
        <identifiers>
          <isin value="US38122NYL09"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21615.64000000</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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WISCONSIN ST HEALTH and EDL FACS AUTH REV</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HT 5% 11/15/2025</title>
        <cusip>97712DHJ8</cusip>
        <identifiers>
          <isin value="US97712DHJ81"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42287.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOUISIANA ST</name>
        <lei>N/A</lei>
        <title>LOUISIANA ST SER A</title>
        <cusip>546415E97</cusip>
        <identifiers>
          <isin value="US546415E976"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35069.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>FOREST LAKE MINN INPT SCH DIST</name>
        <lei>N/A</lei>
        <title>FORESTLAKE MINN 3.25% 2/1/2046</title>
        <cusip>345874RZ6</cusip>
        <identifiers>
          <isin value="US345874RZ69"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>170778.42000000</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>2046-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</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>JACKSONVILLE FLA SPL REV</name>
        <lei>N/A</lei>
        <title>JACKSONVILLE F 5% 10/1/2027</title>
        <cusip>469487PN6</cusip>
        <identifiers>
          <isin value="US469487PN62"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89167.47000000</valUSD>
        <pctVal>0.071415644628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
        <title>MD ST 5% 8/1/2024</title>
        <cusip>574193SU3</cusip>
        <identifiers>
          <isin value="US574193SU39"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5307.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 2/1/2038</title>
        <cusip>64971WEM8</cusip>
        <identifiers>
          <isin value="US64971WEM82"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>176846.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HAWAII ST</name>
        <lei>N/A</lei>
        <title>HI ST 5% 1/1/2027</title>
        <cusip>419792WD4</cusip>
        <identifiers>
          <isin value="US419792WD45"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55641.75000000</valUSD>
        <pctVal>0.044564362368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>INDIANA FIN AUTH HWY REV</name>
        <lei>N/A</lei>
        <title>IN ST FA HWY 5% 12/1/2025</title>
        <cusip>45470RCT1</cusip>
        <identifiers>
          <isin value="US45470RCT14"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38144.18000000</valUSD>
        <pctVal>0.030550280315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 10/1/23</title>
        <cusip>13063CLV0</cusip>
        <identifiers>
          <isin value="US13063CLV09"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36426.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>WASHINGTON ST HIGHER ED FACS</name>
        <lei>N/A</lei>
        <title>WA HI ED 5% 10/1/2042</title>
        <cusip>9397812T6</cusip>
        <identifiers>
          <isin value="US9397812T61"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25843.70000000</valUSD>
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        <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>0.05000000</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>WISCONSIN ST GEN FD ANNUAL APP</name>
        <lei>N/A</lei>
        <title>WI ST GF APP 5% 5/1/2036</title>
        <cusip>977100FD3</cusip>
        <identifiers>
          <isin value="US977100FD32"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26866.60000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 5% 4/15/2026</title>
        <cusip>20772KDA4</cusip>
        <identifiers>
          <isin value="US20772KDA43"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27441.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNIVERSITY OF TEXAS UNIV REVS</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
        <title>UNIV TX 5% 8/15/2026</title>
        <cusip>91514AGQ2</cusip>
        <identifiers>
          <isin value="US91514AGQ22"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61093.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2024</title>
        <cusip>64966KRV7</cusip>
        <identifiers>
          <isin value="US64966KRV79"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62017.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK ST ENV FAC CORP CWDW</name>
        <lei>N/A</lei>
        <title>NYS ENV CWD 3.5% 6/15/2036</title>
        <cusip>64986DDU6</cusip>
        <identifiers>
          <isin value="US64986DDU63"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9759.69000000</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>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CA UNI SCD REF-ELECTION 1998-SER F-1 FSA</title>
        <cusip>797355YY4</cusip>
        <identifiers>
          <isin value="US797355YY46"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TENNESSEE ENGY ACQ CRP GAS REV</name>
        <lei>N/A</lei>
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          <isin value="US880443BS49"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIRGINIA COLLEGE BLDG AUTH EDL</name>
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          <isin value="US92778VHY74"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WYANDOTTE CNTY KANS CITY ULILITY SYS</name>
        <lei>N/A</lei>
        <title>WYANDOTTE CNTY 5% 09/01/2037</title>
        <cusip>982674HU0</cusip>
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          <isin value="US982674HU01"/>
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        <curCd>USD</curCd>
        <valUSD>45259.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
        <lei>N/A</lei>
        <title>NYC TFA BARB 3.625% 7/15/2047</title>
        <cusip>64972HK84</cusip>
        <identifiers>
          <isin value="US64972HK841"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>138408.77000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03625000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TWY AUTH GEN REV</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH 5% 1/1/2051</title>
        <cusip>650010BB6</cusip>
        <identifiers>
          <isin value="US650010BB63"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 4% 1/1/2035</title>
        <cusip>6461397J8</cusip>
        <identifiers>
          <isin value="US6461397J89"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30127.08000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NY CONVENTION CTR DEV CORP REV</name>
        <lei>N/A</lei>
        <title>NY CONV CTR 0% 11/15/2038</title>
        <cusip>649451GC9</cusip>
        <identifiers>
          <isin value="US649451GC99"/>
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        <balance>75000.00000000</balance>
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        <valUSD>33268.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOSTON MASS</name>
        <lei>N/A</lei>
        <title>BOSTON MA 5% 4/1/2026</title>
        <cusip>100853WV8</cusip>
        <identifiers>
          <isin value="US100853WV86"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44056.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 4.625% 6/15/2030</title>
        <cusip>646136X55</cusip>
        <identifiers>
          <isin value="US646136X555"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>168938.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 3.25% 11/15/2036</title>
        <cusip>13032UCJ5</cusip>
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        <balance>110000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2027</title>
        <cusip>64966MSV2</cusip>
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        <balance>25000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>CLEVELAND OHIO INCOME TAX REV</name>
        <lei>N/A</lei>
        <title>CLEVELAND OH IN 5% 10/1/2028</title>
        <cusip>186387TR7</cusip>
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          <isin value="US186387TR73"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NORTH DAKOTA ST HSG FIN AGY</name>
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          <couponKind>Fixed</couponKind>
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        <name>SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH LEASE REV</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SOUTH CA JOBS 3% 8/15/2038</title>
        <cusip>83704AAF9</cusip>
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        <name>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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        <name>ALAMEDA CORRIDOR TRAN A CA RV</name>
        <lei>N/A</lei>
        <title>ACTA CA RV 5% 10/1/2036</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-10-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MISSOURI ST HSG DEV COM SF MTG</name>
        <lei>N/A</lei>
        <title>MO ST HSG 3.35% 11/1/2049</title>
        <cusip>60637BVD9</cusip>
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          <isin value="US60637BVD99"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26400.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03350000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SALT VERDE FINL CORP GAS REV AZ</name>
        <lei>N/A</lei>
        <title>SALT VERDE FINL CORP GAS REV ARIZ</title>
        <cusip>79575EAM0</cusip>
        <identifiers>
          <isin value="US79575EAM03"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16189.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>ATLANTA GA WTR and WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>ATLANTA WTR and WST 5% 11/1/2028</title>
        <cusip>047870MW7</cusip>
        <identifiers>
          <isin value="US047870MW71"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26594.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 4% 03/01/2029</title>
        <cusip>645918U27</cusip>
        <identifiers>
          <isin value="US645918U272"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20318.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 9/1/2025 AMT</title>
        <cusip>73358WTN4</cusip>
        <identifiers>
          <isin value="US73358WTN47"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125514.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 4% 6/15/2042</title>
        <cusip>64972GVH4</cusip>
        <identifiers>
          <isin value="US64972GVH46"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89044.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>PHILADELPHIA PA</name>
        <lei>N/A</lei>
        <title>PHILA PA 5% 8/1/2022</title>
        <cusip>717813VF3</cusip>
        <identifiers>
          <isin value="US717813VF38"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30081.04000000</valUSD>
        <pctVal>0.024092383272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 5% 9/1/2031</title>
        <cusip>207758VT7</cusip>
        <identifiers>
          <isin value="US207758VT72"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5382.83000000</valUSD>
        <pctVal>0.004311194142</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 5% 12/1/2035</title>
        <cusip>709224N88</cusip>
        <identifiers>
          <isin value="US709224N885"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38304.89000000</valUSD>
        <pctVal>0.030678995510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK ST HSG FIN AGY</name>
        <lei>N/A</lei>
        <title>NYS_HFA 3.45% 11/1/2042</title>
        <cusip>64987DAW4</cusip>
        <identifiers>
          <isin value="US64987DAW48"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22973.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03450000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL REV</name>
        <lei>N/A</lei>
        <title>PA HEFA 5% 8/15/2025</title>
        <cusip>70917SYF4</cusip>
        <identifiers>
          <isin value="US70917SYF46"/>
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        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>37916.69000000</valUSD>
        <pctVal>0.030368079957</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CONNECTICUT ST HEALTH and EDL FACS AUTH REV</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>CT ST HLTH and REV 2% 7/1/2042</title>
        <cusip>20774YJ99</cusip>
        <identifiers>
          <isin value="US20774YJ999"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218098.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 8/1/2039</title>
        <cusip>64971XHR2</cusip>
        <identifiers>
          <isin value="US64971XHR26"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19954.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CERRITOS CA CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>CERRITOS CA CCD 3% 8/1/2044</title>
        <cusip>156792KD4</cusip>
        <identifiers>
          <isin value="US156792KD47"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20832.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/2045</title>
        <cusip>13063CUG3</cusip>
        <identifiers>
          <isin value="US13063CUG31"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41805.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>FOOTHILL/ESTRN TRANSN CA TOLL</name>
        <lei>N/A</lei>
        <title>FOOTHL/EASTN CA 6% 1/15/2053</title>
        <cusip>345105GZ7</cusip>
        <identifiers>
          <isin value="US345105GZ71"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10619.44000000</valUSD>
        <pctVal>0.008505278362</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>SACRAMENTO CALIF MUD ELEC REV</name>
        <lei>N/A</lei>
        <title>SAC MUD CA ELEC 5% 8/15/2039</title>
        <cusip>786005C63</cusip>
        <identifiers>
          <isin value="US786005C630"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78150.28000000</valUSD>
        <pctVal>0.062591801966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PENNSYLVANIA ECONOMIC DEV FINGAUTH UPMC REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA EC 4% 4/15/2050</title>
        <cusip>70870JCK2</cusip>
        <identifiers>
          <isin value="US70870JCK25"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23046.10000000</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>2050-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>DUTCHESS CNTY NY LOC DEV CORP REV</name>
        <lei>N/A</lei>
        <title>DUTCHESS NY LDC 4% 7/1/2041</title>
        <cusip>267045GW6</cusip>
        <identifiers>
          <isin value="US267045GW65"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36604.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>BIRMINGHAM AL SPL CARE FACS FING AUTH REVS</name>
        <lei>N/A</lei>
        <title>B-HAM AL SPL 5% 6/1/2025</title>
        <cusip>090929GD6</cusip>
        <identifiers>
          <isin value="US090929GD65"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160713.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CHICAGO IL MIDWAY ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO MIDWAY 5% 1/1/2027</title>
        <cusip>167562PH4</cusip>
        <identifiers>
          <isin value="US167562PH43"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5161.71000000</valUSD>
        <pctVal>0.004134095618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>HAWAII ST</name>
        <lei>N/A</lei>
        <title>HI ST 5% 10/1/2030</title>
        <cusip>419792LM6</cusip>
        <identifiers>
          <isin value="US419792LM62"/>
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        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32861.05000000</valUSD>
        <pctVal>0.026318937488</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>0.05000000</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>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 4% 8/1/2044</title>
        <cusip>64966QCY4</cusip>
        <identifiers>
          <isin value="US64966QCY44"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19487.71000000</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>0.04000000</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>VIRGINIA COLLEGE BLDG AUTH EDL</name>
        <lei>N/A</lei>
        <title>VA COLL BLDG 5% 2/1/2025</title>
        <cusip>92778VAQ1</cusip>
        <identifiers>
          <isin value="US92778VAQ14"/>
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        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193127.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 7/1/29</title>
        <cusip>57582RHH2</cusip>
        <identifiers>
          <isin value="US57582RHH21"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76361.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2024</title>
        <cusip>59261APQ4</cusip>
        <identifiers>
          <isin value="US59261APQ49"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21035.20000000</valUSD>
        <pctVal>0.016847426173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TRINITY RIVER AUTH TX REGL WASTEWTR SYS REV</name>
        <lei>N/A</lei>
        <title>TRINITY RIV WW 5% 8/1/2033</title>
        <cusip>89658HVH0</cusip>
        <identifiers>
          <isin value="US89658HVH01"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>126611.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ILLINOIS FIN AUTH RV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FIN AT 5% 10/1/2041</title>
        <cusip>45204ED54</cusip>
        <identifiers>
          <isin value="US45204ED548"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27046.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GREATER ORLANDO AVIATION AUTH</name>
        <lei>N/A</lei>
        <title>GT ORLANDO FL ARPT 5% 10/1/30@</title>
        <cusip>392274W36</cusip>
        <identifiers>
          <isin value="US392274W362"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33515.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5% 6/15/2027</title>
        <cusip>646136S28</cusip>
        <identifiers>
          <isin value="US646136S282"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30710.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2024</title>
        <cusip>64966LMS7</cusip>
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          <isin value="US64966LMS78"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53044.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE TRANSN AUTH U S 301 PROJ REV</name>
        <lei>N/A</lei>
        <title>DEL TRANS AUTH 4% 6/1/2045</title>
        <cusip>246430AC6</cusip>
        <identifiers>
          <isin value="US246430AC62"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49277.97000000</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>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COLORADO SPRINGS COLO UTILS</name>
        <lei>N/A</lei>
        <title>COLO SPGS UTIL 5% 11/15/2048</title>
        <cusip>196632L76</cusip>
        <identifiers>
          <isin value="US196632L768"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27238.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOUISIANA STAD and EXPOSITION DIST REV</name>
        <lei>5493000QEHWDGVGH7J62</lei>
        <title>LOUISIANA STAD 5% 07/01/2027</title>
        <cusip>546410BW0</cusip>
        <identifiers>
          <isin value="US546410BW07"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103151.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FLORIDA DEV FIN CORP HEALTHCARE FACS REV</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>FL HLTHCARE FAC 5% 11/15/2026</title>
        <cusip>34061QAS6</cusip>
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        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
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        <name>SAN JOAQUIN HILLS CA TRANSN CORRIDOR AGY TOLL RD REV</name>
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        <name>TEXAS STATE</name>
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          <isin value="US882723ZB88"/>
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          <couponKind>Fixed</couponKind>
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        <name>NEW JERSEY EDA WTR FACS REV</name>
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          <isin value="US645780FM49"/>
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        <name>CONNECTICUT ST</name>
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          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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          <isin value="US64577BKC71"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <title>NEW YORK NY CI 5% 8/1/2038</title>
        <cusip>64971XAT5</cusip>
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          <isin value="US64971XAT54"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DELAWARE ST HLTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>DEL HLTH(N 4% 10/1/2049</title>
        <cusip>246388UK6</cusip>
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          <isin value="US246388UK60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>CO HLTH 4% 12/01/2026</title>
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          <isin value="US19648AZU23"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST HSG FIN AGY</name>
        <lei>N/A</lei>
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          <isin value="US64987DS627"/>
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          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <name>MINNESOTA ST</name>
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        <name>CONNECTICUT ST SPL TAX OBLIG</name>
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        <name>METROPOLITAN TRANSN AUTH NY RV</name>
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          <isin value="US59261AQL43"/>
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        <name>NEW YORK N Y CITY HSG DEV CORP REV</name>
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      <invstOrSec>
        <name>UAB MEDICINE FIN AUTH ALA REV</name>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HENNEPIN CNTY MN SALES TAX REV</name>
        <lei>N/A</lei>
        <title>HENNEPIN MN 5% 12/15/2028</title>
        <cusip>425538CZ6</cusip>
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          <isin value="US425538CZ64"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>135952.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SAVANNAH GA CANDLER HOSP</name>
        <lei>N/A</lei>
        <title>SAVANNAH HOSP A 3.125% 7/1/2044</title>
        <cusip>804833FE6</cusip>
        <identifiers>
          <isin value="US804833FE64"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87790.53000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>E-470 PUB HWY AUTH COLO REV</name>
        <lei>N/A</lei>
        <title>E-470 PUB HWY AUTH CO REV SER 00B MBIA</title>
        <cusip>26822LDW1</cusip>
        <identifiers>
          <isin value="US26822LDW19"/>
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        <curCd>USD</curCd>
        <valUSD>18454.08000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 6/1/2028</title>
        <cusip>25476FUY2</cusip>
        <identifiers>
          <isin value="US25476FUY23"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111433.94000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 3% 9/1/2033</title>
        <cusip>13063CC32</cusip>
        <identifiers>
          <isin value="US13063CC328"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111377.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 10/1/2025</title>
        <cusip>4521527N5</cusip>
        <identifiers>
          <isin value="US4521527N55"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52886.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTHRV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FN RV 3% 5/15/2050</title>
        <cusip>45204FEE1</cusip>
        <identifiers>
          <isin value="US45204FEE16"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58538.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>RHODE ISLAND HEALTH and EDL BLDG CORP REV</name>
        <lei>N/A</lei>
        <title>RI H and E BLDG CO 5% 5/15/31</title>
        <cusip>762244FJ5</cusip>
        <identifiers>
          <isin value="US762244FJ54"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51308.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEANDER TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>LEANDER TX ISD 0% 8/15/2040 PRE</title>
        <cusip>521841WS1</cusip>
        <identifiers>
          <isin value="US521841WS18"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11056.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 4% 9/1/2028</title>
        <cusip>13063CD49</cusip>
        <identifiers>
          <isin value="US13063CD490"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>115785.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK DORM 5% 8/1/2025</title>
        <cusip>64990GFU1</cusip>
        <identifiers>
          <isin value="US64990GFU13"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105020.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY NORWTHWEST WA ELEC REV</name>
        <lei>N/A</lei>
        <title>ENERGY NW/WPPS 4% 7/1/2024</title>
        <cusip>29270CZK4</cusip>
        <identifiers>
          <isin value="US29270CZK43"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155688.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>RHODE ISLAND HEALTH and EDL BLDG CORP REV</name>
        <lei>N/A</lei>
        <title>RI H and E BLDG CO 5% 5/15/24</title>
        <cusip>762244FB2</cusip>
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          <isin value="US762244FB29"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5230.87000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 5% 10/15/2025</title>
        <cusip>20772J3U4</cusip>
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          <isin value="US20772J3U45"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>32620.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>WAYNE CNTY MICH ARPT AUTH REV</name>
        <lei>N/A</lei>
        <title>WAYNE CO MI AAR 5% 12/1/2034</title>
        <cusip>944514ZC5</cusip>
        <identifiers>
          <isin value="US944514ZC54"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53938.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN ST HOSP FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MI HOSP 5% 12/1/2027</title>
        <cusip>59465HUN4</cusip>
        <identifiers>
          <isin value="US59465HUN42"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39348.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TWY AUTH GEN REV</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH 5% 1/1/2028</title>
        <cusip>650009F99</cusip>
        <identifiers>
          <isin value="US650009F992"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10634.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>APPLE VY MINN SR LIVING REV</name>
        <lei>N/A</lei>
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        <cusip>03789YCP9</cusip>
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          <isin value="US03789YCP97"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23135.13000000</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>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EAST BAY CA MUN UTIL DIST WTR SYS REV</name>
        <lei>N/A</lei>
        <title>E BAY MUD WTR 5% 6/1/2037</title>
        <cusip>271014ZE5</cusip>
        <identifiers>
          <isin value="US271014ZE55"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68987.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
        <lei>N/A</lei>
        <title>NY TRANS CORP 4% 12/1/2040 @</title>
        <cusip>650116DV5</cusip>
        <identifiers>
          <isin value="US650116DV52"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46130.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MASSACHUSETTS ST GO REF-SER C I=AMBAC</title>
        <cusip>57582NJ22</cusip>
        <identifiers>
          <isin value="US57582NJ227"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140629.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
        <lei>N/A</lei>
        <title>METROPOLITAN PIER EXPOSITION AUTH IL DEDICATED ST TAX REV CAP APPREC-MCCORMIK-A INSURER MBIA</title>
        <cusip>592247J76</cusip>
        <identifiers>
          <isin value="US592247J769"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20410.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 8/1/2038</title>
        <cusip>64971XHQ4</cusip>
        <identifiers>
          <isin value="US64971XHQ43"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99873.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>UNION CNTY NC ENTERPRISE SYS R</name>
        <lei>N/A</lei>
        <title>UNION NC ENT 3% 6/1/2037</title>
        <cusip>906400FX9</cusip>
        <identifiers>
          <isin value="US906400FX91"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70605.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>CONN ST HSG FIN AUTH HSG MTG F IN PG</name>
        <lei>N/A</lei>
        <title>CT ST HFA 3.45% 11/15/2041</title>
        <cusip>20775CEJ9</cusip>
        <identifiers>
          <isin value="US20775CEJ99"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4673.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03450000</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>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT AUTHORITY 5% 7/15/2031 @</title>
        <cusip>73358XAL6</cusip>
        <identifiers>
          <isin value="US73358XAL64"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>61847.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 11/1/2027</title>
        <cusip>13063DBR8</cusip>
        <identifiers>
          <isin value="US13063DBR89"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>84828.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2024</title>
        <cusip>544495ZE7</cusip>
        <identifiers>
          <isin value="US544495ZE79"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142064.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 0% 1/1/2033</title>
        <cusip>167484QY3</cusip>
        <identifiers>
          <isin value="US167484QY38"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31392.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 7/1/26</title>
        <cusip>57582RDU7</cusip>
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          <isin value="US57582RDU77"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>143731.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 4% 6/15/2030</title>
        <cusip>6459186F5</cusip>
        <identifiers>
          <isin value="US6459186F58"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20771.06000000</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>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARIN CALIF HEALTHCARE DIST</name>
        <lei>N/A</lei>
        <title>MARIN CALIF HEA 3% 8/1/2037</title>
        <cusip>56782TBH4</cusip>
        <identifiers>
          <isin value="US56782TBH41"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61509.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 5% 12/1/2022 @</title>
        <cusip>646080TP6</cusip>
        <identifiers>
          <isin value="US646080TP60"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76008.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TENNESSEE HSG DEV AGY RESIDENTIAL FIN PROG REV</name>
        <lei>N/A</lei>
        <title>TENNESSEE HSG D 2.4% 1/1/2044</title>
        <cusip>880461L63</cusip>
        <identifiers>
          <isin value="US880461L631"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15058.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02400000</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>ENERGY NORWTHWEST WA ELEC REV</name>
        <lei>N/A</lei>
        <title>ENERGY NW/WPPS 5% 7/1/2028</title>
        <cusip>29270CQ73</cusip>
        <identifiers>
          <isin value="US29270CQ735"/>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
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        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
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        <name>WALLER TX INDPT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US932493HX02"/>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REV</name>
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          <isin value="US13077DAJ19"/>
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        <debtSec>
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        <name>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REV</name>
        <lei>N/A</lei>
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        <cusip>452227GZ8</cusip>
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          <isin value="US452227GZ86"/>
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      <invstOrSec>
        <name>ALABAMA ST PUB SCH and COLL AUTH</name>
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        <name>SAN DIEGO CA UNI SCH DIST</name>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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        <name>NORTH CAROLINA ST GRANT ANTIC REV</name>
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          <isin value="US658268DF10"/>
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        <name>NEW YORK CITY GO</name>
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        <name>DENVER CO CITY and CNTY ARPT</name>
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          <isin value="US249182KY19"/>
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        <name>CALIFORNIA ST</name>
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        <name>UTAH TRAN AUTH SALES TAX REV</name>
        <lei>N/A</lei>
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          <isin value="US917567CH09"/>
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        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
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          <isin value="US650116CJ34"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BROOKHAVEN NY</name>
        <lei>N/A</lei>
        <title>BROOKHAVEN NY 5% 1/15/2027</title>
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          <isin value="US113152F496"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>SPRINGFIELD IL ELEC REV</name>
        <lei>N/A</lei>
        <title>SPRINGFLD IL EL 4% 3/1/2040</title>
        <cusip>850578TU9</cusip>
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          <isin value="US850578TU94"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COAST COMMUNIT COLLEGE DIST CA</name>
        <lei>N/A</lei>
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        <cusip>190335DG1</cusip>
        <identifiers>
          <isin value="US190335DG12"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HONOLULU HI CTY and CNTY WASTEWTR SYS REV</name>
        <lei>N/A</lei>
        <title>HONOLULU WSTWTR 4% 7/1/2033</title>
        <cusip>438701K94</cusip>
        <identifiers>
          <isin value="US438701K944"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>243640.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CALIF UNI SCH DIST CAP APPREC-ELECTION 2008-E</title>
        <cusip>797355R55</cusip>
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          <isin value="US797355R550"/>
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        <balance>125000.00000000</balance>
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        <valUSD>35373.86000000</valUSD>
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        <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>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAWAII ST</name>
        <lei>N/A</lei>
        <title>HI ST 5% 1/1/2032</title>
        <cusip>419792WM4</cusip>
        <identifiers>
          <isin value="US419792WM44"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72115.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 11/1/2024</title>
        <cusip>64971WT91</cusip>
        <identifiers>
          <isin value="US64971WT918"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144016.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>WASHINGTN SUBN SAN DIST MD</name>
        <lei>N/A</lei>
        <title>WASH TUBS 5% 6/1/2034</title>
        <cusip>940157L73</cusip>
        <identifiers>
          <isin value="US940157L732"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70165.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC PUB SVC 5% 12/1/2033</title>
        <cusip>837151RL5</cusip>
        <identifiers>
          <isin value="US837151RL57"/>
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        <balance>55000.00000000</balance>
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        <valUSD>57700.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>SOUTH CAROLINA ST SVC AUTH REV</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC PUB SVC 5% 12/1/2038</title>
        <cusip>837151E54</cusip>
        <identifiers>
          <isin value="US837151E546"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>RICHMOND CNTY GA HOSP AUTH REVANTIC CTFS</name>
        <lei>N/A</lei>
        <title>RICHMOND GA HSP 5% 1/1/2027</title>
        <cusip>764603BL9</cusip>
        <identifiers>
          <isin value="US764603BL97"/>
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        <balance>105000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2043</title>
        <cusip>59259YZX0</cusip>
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          <isin value="US59259YZX02"/>
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        <invCountry>US</invCountry>
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        <name>NEW JERSEY ST</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST REF</title>
        <cusip>646039RC3</cusip>
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          <ticker value="NJS"/>
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        <name>METROPOLITAN PIER and EXPOSITION AUTH ILL DEDICATED ST TAX REV</name>
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        <title>MET PIER and EXPO 5.50% 12/15/2023</title>
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          <isin value="US592248GT90"/>
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        <name>DISTRICT COLUMBIA WTR and SWR AU</name>
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          <isin value="US254845KN94"/>
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        <issuerCat>MUN</issuerCat>
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        <name>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 5% 1/1/2027</title>
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          <isin value="US167486WZ86"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH STUDENTHSG REV</name>
        <lei>N/A</lei>
        <title>ARIZONA INDL D 5% 6/1/2058</title>
        <cusip>04052VAU4</cusip>
        <identifiers>
          <isin value="US04052VAU44"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69171.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>TAMPA FL TAX ALLOC</name>
        <lei>N/A</lei>
        <title>TAMPA FL TAX 0% 9/1/2053</title>
        <cusip>875146BD3</cusip>
        <identifiers>
          <isin value="US875146BD38"/>
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        <balance>5000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1035.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST D 5% 2/15/2027</title>
        <cusip>64990FP73</cusip>
        <identifiers>
          <isin value="US64990FP739"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>122170.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>DENVER CO CITY and CNTY ARPT</name>
        <lei>N/A</lei>
        <title>DENVER CO ARPT 5% 12/1/2036 @</title>
        <cusip>249182LK0</cusip>
        <identifiers>
          <isin value="US249182LK06"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66748.03000000</valUSD>
        <pctVal>0.053459558627</pctVal>
        <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>0.05000000</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>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK DORM 3% 7/1/2045</title>
        <cusip>65000BHX9</cusip>
        <identifiers>
          <isin value="US65000BHX91"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77877.27000000</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>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>COLORADO HEALTH FACS AUTH CO</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO HEALTH 4% 11/15/2048</title>
        <cusip>19648FGQ1</cusip>
        <identifiers>
          <isin value="US19648FGQ19"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95584.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>LOUISIANA ST</name>
        <lei>N/A</lei>
        <title>LA ST 3% 12/1/2029</title>
        <cusip>5464167M4</cusip>
        <identifiers>
          <isin value="US5464167M46"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39616.06000000</valUSD>
        <pctVal>0.031729132412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>LONG BEACH CA CMNTY COLLEGE</name>
        <lei>N/A</lei>
        <title>LONGBEACH CA CC 5% 08/01/2039</title>
        <cusip>542411GE7</cusip>
        <identifiers>
          <isin value="US542411GE77"/>
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        <balance>85000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85235.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>BAY AREA TOLL AU CA BRIDGE REV</name>
        <lei>N/A</lei>
        <title>BATA CA 2.625% 4/1/2045</title>
        <cusip>072024VU3</cusip>
        <identifiers>
          <isin value="US072024VU34"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>128370.58000000</valUSD>
        <pctVal>0.102814038820</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>Variable</couponKind>
          <annualizedRt>0.02625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILLSBOROUGH CNTY FLA CAP IMPTNON-AD VALOREM REV</name>
        <lei>N/A</lei>
        <title>HILLSBOROUGH CR 3.25% 8/1/2049</title>
        <cusip>43232RAY6</cusip>
        <identifiers>
          <isin value="US43232RAY62"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8566.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TOLL 5% 1/1/2048</title>
        <cusip>66285WXZ4</cusip>
        <identifiers>
          <isin value="US66285WXZ49"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20976.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN CONS</name>
        <lei>N/A</lei>
        <title>MD DOT CONS TRN 4% 11/1/2029</title>
        <cusip>574204D67</cusip>
        <identifiers>
          <isin value="US574204D674"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>87804.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NEW JERSEY ST TPK AUTH TPK REVSER C I=AMBAC</title>
        <cusip>646139ZA6</cusip>
        <identifiers>
          <isin value="US646139ZA60"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26979.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NJ TRANSP 5% 6/15/30</title>
        <cusip>6461362E0</cusip>
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          <isin value="US6461362E02"/>
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        <balance>25000.00000000</balance>
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        <valUSD>26633.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>WEST HOLLYWOOD CALIF PUB FING AUTH LEASE REV</name>
        <lei>N/A</lei>
        <title>WEST HOLLYWOOD 3% 4/1/2041</title>
        <cusip>95332RCK3</cusip>
        <identifiers>
          <isin value="US95332RCK32"/>
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        <balance>140000.00000000</balance>
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        <valUSD>116699.06000000</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>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN FIN AUTH RE</name>
        <lei>N/A</lei>
        <title>MICHIGAN FIN AU(WAYNE CNTY MI) 4% 11/1/48</title>
        <cusip>59447TSN4</cusip>
        <identifiers>
          <isin value="US59447TSN45"/>
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        <balance>10000.00000000</balance>
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        <valUSD>9491.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FLORIDA HIGHER EDL FACS FING AUTH REV</name>
        <lei>N/A</lei>
        <title>FL HR EDL FACS 5% 4/1/2035</title>
        <cusip>34073TGJ0</cusip>
        <identifiers>
          <isin value="US34073TGJ07"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41782.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HIGHER ED STUDENT ASSISTANCE AUTH NJ STUDENT LN REV</name>
        <lei>N/A</lei>
        <title>NJ STUD LOAN 5% 12/1/2044 AMT</title>
        <cusip>646080QW4</cusip>
        <identifiers>
          <isin value="US646080QW49"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK STATE URBAN DEVELOPMENT CORP</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>62841.27000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <cusip>93974ERY4</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>ENERGY NORWTHWEST WA ELEC REV</name>
        <lei>N/A</lei>
        <title>ENERGY NW/WPPS 5% 7/1/26</title>
        <cusip>29270CU29</cusip>
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          <isin value="US29270CU299"/>
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        <curCd>USD</curCd>
        <valUSD>50000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER COLO CONVENTION CTR HOTEL AUTH REV</name>
        <lei>N/A</lei>
        <title>DENVER CO CONV 5% 12/1/2026</title>
        <cusip>249189DE8</cusip>
        <identifiers>
          <isin value="US249189DE80"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53307.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV</name>
        <lei>N/A</lei>
        <title>MA ST SPL OB DE 5.50% NATL/FGIC 1/1/2030</title>
        <cusip>576002BN8</cusip>
        <identifiers>
          <isin value="US576002BN82"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11657.26000000</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>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT RIVER PROJ AZ AGRIC and PWR</name>
        <lei>N/A</lei>
        <title>SALT RIVER AZ 5% 1/1/2033</title>
        <cusip>79574CCS0</cusip>
        <identifiers>
          <isin value="US79574CCS08"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55326.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA SCH DIST REF-SER A</title>
        <cusip>717883ET5</cusip>
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          <isin value="US717883ET53"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55273.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST</name>
        <lei>N/A</lei>
        <title>WI ST 5% 11/1/2029</title>
        <cusip>97705MEE1</cusip>
        <identifiers>
          <isin value="US97705MEE12"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76445.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NY MTA DEDICATED TAX FUND</name>
        <lei>N/A</lei>
        <title>NY MTA DED 0% 11/15/32</title>
        <cusip>59259NS95</cusip>
        <identifiers>
          <isin value="US59259NS957"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154670.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH CNTY UTAH HOSP REV</name>
        <lei>N/A</lei>
        <title>UT CNTY UT HOSP 5% 5/15/2046</title>
        <cusip>917393BM1</cusip>
        <identifiers>
          <isin value="US917393BM11"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36627.58000000</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>2046-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAIN STR NAT GAS INC GA GAS SUPPLY REV</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>MAIN STR NAT GA 4% 5/15/2039</title>
        <cusip>56035DBU5</cusip>
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          <isin value="US56035DBU54"/>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK DORM 3% 2/1/2050</title>
        <cusip>64990G3B6</cusip>
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          <isin value="US64990G3B64"/>
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        <balance>55000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 4% 3/1/2029</title>
        <cusip>13063DTW8</cusip>
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          <isin value="US13063DTW82"/>
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        <balance>175000.00000000</balance>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN ST BLDG AUTH REV</name>
        <lei>N/A</lei>
        <title>MI BLDG 5% 10/15/2030</title>
        <cusip>594615FL5</cusip>
        <identifiers>
          <isin value="US594615FL58"/>
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        <balance>15000.00000000</balance>
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        <valUSD>16342.58000000</valUSD>
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          <maturityDt>2030-10-15</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
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        <cusip>645918U35</cusip>
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          <isin value="US645918U355"/>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV</name>
        <lei>N/A</lei>
        <title>BLACK BELT ALAB 4% 8/1/2047</title>
        <cusip>09182NAT7</cusip>
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          <isin value="US09182NAT72"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>FORT SMITH AR WTR and SWR REV</name>
        <lei>N/A</lei>
        <title>FRT SMTH AR W and S 5% 10/1/2030</title>
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          <isin value="US348815PG03"/>
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        <balance>165000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>NORTH EAST TEX REGL MOBILITY AUTH REV</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEWPORTIMESA CA UNI SCH DIST</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIV CAL REV 5% 5/15/2032</title>
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      <invstOrSec>
        <name>PHOENIX AZ CVC IMP CRP APR REV</name>
        <lei>N/A</lei>
        <title>PHOENIX AZ CIVIC 5% 7/1/2045</title>
        <cusip>71883MKD5</cusip>
        <identifiers>
          <isin value="US71883MKD55"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>LOUISVILLE and JEFFERSON CNTY KY METRO GOVT HEALTH SYS REV</name>
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        <cusip>54659LBV5</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>NORTH CAROLINA ST LTD OBLIG</name>
        <lei>N/A</lei>
        <title>NC ST LTD OB 5% 5/1/2024</title>
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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>LOS ANGELES CA UNI SCH DIST</name>
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        <title>LA CA USD 5% 7/1/2025</title>
        <cusip>5446464T6</cusip>
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          <isin value="US5446464T61"/>
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        <balance>90000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIVERSITY CAL 4% 5/15/2048</title>
        <cusip>91412HDC4</cusip>
        <identifiers>
          <isin value="US91412HDC43"/>
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        <balance>65000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA STWD CMNTY DEV AUTH STUDENT HSG REV</name>
        <lei>N/A</lei>
        <title>CA STWD STUDENT 5% 5/15/2042</title>
        <cusip>13078RHE3</cusip>
        <identifiers>
          <isin value="US13078RHE36"/>
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        <balance>100000.00000000</balance>
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        <valUSD>103301.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONN ST HSG FIN AUTH HSG MTG F IN PG</name>
        <lei>N/A</lei>
        <title>CT ST HFA 3.2% 11/15/2032</title>
        <cusip>20775CVF8</cusip>
        <identifiers>
          <isin value="US20775CVF84"/>
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        <balance>15000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
        <title>UNIV CAL REV 5% 5/15/2035</title>
        <cusip>91412GH81</cusip>
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          <isin value="US91412GH819"/>
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        <balance>135000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
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        <cusip>709224AX7</cusip>
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          <isin value="US709224AX72"/>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>E-470 PUB HWY AUTH COLO REV</name>
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        <title>E-470 PUB HWY AUTH COLO REV CAP APPREC-SR-SER B MBIA</title>
        <cusip>26822LDY7</cusip>
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          <isin value="US26822LDY74"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
        <lei>N/A</lei>
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          <isin value="US89602RFL42"/>
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        <balance>45000.00000000</balance>
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        <name>TENNESSEE HSG DEV AGY RESIDENTIAL FIN PROG REV</name>
        <lei>N/A</lei>
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          <isin value="US880461TH15"/>
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        <name>MICHIGAN ST BLDG AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US594615BW59"/>
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        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>WISCONSIN HEALTH and EDL FACS AUTH SR LIVING REV</name>
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        <cusip>97671VAL9</cusip>
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          <isin value="US97671VAL99"/>
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        <curCd>USD</curCd>
        <valUSD>110282.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WESTCHESTER CNTY NY LOC DEV CORP REV</name>
        <lei>549300KOSU8OC75V9238</lei>
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          <isin value="US95737TCC80"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39422.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 5% 1/1/2027</title>
        <cusip>207758XF5</cusip>
        <identifiers>
          <isin value="US207758XF50"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38886.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST ENV FAC CORP CWDW</name>
        <lei>N/A</lei>
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        <cusip>64986DJG1</cusip>
        <identifiers>
          <isin value="US64986DJG16"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28461.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OH ST 5% 5/1/2027</title>
        <cusip>677522F33</cusip>
        <identifiers>
          <isin value="US677522F332"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67225.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 9/1/2027</title>
        <cusip>13063DD70</cusip>
        <identifiers>
          <isin value="US13063DD704"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>197473.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2041</title>
        <cusip>59261AUU9</cusip>
        <identifiers>
          <isin value="US59261AUU95"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85665.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SPOKANE CNTY WA SCH DIST 81</name>
        <lei>N/A</lei>
        <title>SPOKANE WA 81 4% 12/1/2028</title>
        <cusip>848712RL1</cusip>
        <identifiers>
          <isin value="US848712RL15"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>168621.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>DUTCHESS CNTY NY LOC DEV CORP REV</name>
        <lei>N/A</lei>
        <title>DUTCHESS NY LDC 3% 7/1/2029</title>
        <cusip>267045GN6</cusip>
        <identifiers>
          <isin value="US267045GN66"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142126.07000000</valUSD>
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        <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>0.03000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PA ST 4% 8/15/2034</title>
        <cusip>70914PYD8</cusip>
        <identifiers>
          <isin value="US70914PYD85"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>177020.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA CCD</name>
        <lei>N/A</lei>
        <title>LA CA CCD 5% 8/1/2022</title>
        <cusip>54438CUQ3</cusip>
        <identifiers>
          <isin value="US54438CUQ31"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25067.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TOLL 4% 01/01/36</title>
        <cusip>66285WXH4</cusip>
        <identifiers>
          <isin value="US66285WXH41"/>
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        <balance>100000.00000000</balance>
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        <valUSD>102097.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <name>NORTH CAROLINA ST LTD OBLIG</name>
        <lei>N/A</lei>
        <title>NC ST LTD OB 5% 5/1/2025</title>
        <cusip>65829QDG6</cusip>
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          <isin value="US65829QDG64"/>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
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        <title>LA CA DWAP 5% 7/1/2030</title>
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          <isin value="US544495A465"/>
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        <name>DELAWARE ST</name>
        <lei>N/A</lei>
        <title>DE ST SER 2009C</title>
        <cusip>2463803G2</cusip>
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          <isin value="US2463803G23"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245569.12000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>NEW YORK ST TWY AUTH GEN REV</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH 5% 1/1/2033</title>
        <cusip>650009A37</cusip>
        <identifiers>
          <isin value="US650009A373"/>
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        <balance>100000.00000000</balance>
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        <valUSD>103783.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PA TPK 4% 12/1/2041</title>
        <cusip>709224GP8</cusip>
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          <isin value="US709224GP84"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57988.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/48</title>
        <cusip>64972GPZ1</cusip>
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          <isin value="US64972GPZ18"/>
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        <name>MICHIGAN FIN AUTH RE</name>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH RV</name>
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          <isin value="US45204EMD75"/>
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        <name>SANTA CLARA CNTY CA FING LEASE</name>
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        <name>METROPOLITAN TRANSN AUTH NY RV</name>
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        <name>Fidelity Revere Street Trust</name>
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        <name>TEXAS STATE</name>
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          <isin value="US8827237B99"/>
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        <name>PORT AUTH NY and NJ</name>
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        <name>TAMPA FLA WTR and WASTEWTR SYS</name>
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        <name>CHICAGO IL OHARE INTL ARPT REV</name>
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        <name>COLORADO HEALTH FACS AUTH CO</name>
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        <name>CALIFORNIA ST</name>
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        <name>KATY TX IS</name>
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          <isin value="US486063P535"/>
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        <name>PENNSYLVANIA EC DEV FING AU EX</name>
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        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN ST STRATEGIC FD LTD OBLIG REV</name>
        <lei>N/A</lei>
        <title>MI STRAT FND 5% 12/31/2028 @</title>
        <cusip>594698QE5</cusip>
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          <isin value="US594698QE54"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58040.61000000</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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      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ECN 5% 11/1/2031</title>
        <cusip>64577XAU0</cusip>
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          <isin value="US64577XAU00"/>
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      <invstOrSec>
        <name>WISCONSIN HSG and ECONOMIC DEV AUTH HOME OWNERSHIP MTG REV</name>
        <lei>N/A</lei>
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        <cusip>97689SAC6</cusip>
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          <isin value="US97689SAC61"/>
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        <balance>21451.03400000</balance>
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        <valUSD>20762.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02690000</annualizedRt>
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      <invstOrSec>
        <name>SAN ANTONIO TX ELEC and GAS REV</name>
        <lei>N/A</lei>
        <title>SAN ANTONIO E and G 5% 2/1/2027</title>
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          <isin value="US7962534A70"/>
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        <balance>40000.00000000</balance>
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        <valUSD>43633.96000000</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>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
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        <cusip>6461365E7</cusip>
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          <isin value="US6461365E74"/>
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        <balance>75000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HOUSTON TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>HOUSTON TX ISD 5% 7/15/2027</title>
        <cusip>442403NC1</cusip>
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          <isin value="US442403NC16"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST</name>
        <lei>N/A</lei>
        <title>NY ST 3.50% 3/1/2043</title>
        <cusip>649791HU7</cusip>
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          <isin value="US649791HU79"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36418.53000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK</name>
        <lei>N/A</lei>
        <title>INDIANAPOL 5% 2/1/2033</title>
        <cusip>45528UYY1</cusip>
        <identifiers>
          <isin value="US45528UYY18"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112152.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5.25% 6/15/2047</title>
        <cusip>64972GNE0</cusip>
        <identifiers>
          <isin value="US64972GNE07"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65697.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 2/1/2039</title>
        <cusip>452152VM0</cusip>
        <identifiers>
          <isin value="US452152VM08"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>202099.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <cusip>677522KY9</cusip>
        <identifiers>
          <isin value="US677522KY93"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54546.66000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 9/15/26@</title>
        <cusip>73358WR63</cusip>
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          <isin value="US73358WR630"/>
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        <balance>185000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
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        <name>MARICOPA CNTY ARIZ SPL HEALTH CARE DIST</name>
        <lei>N/A</lei>
        <title>MARICOPA CN HLT 4% 7/1/2038</title>
        <cusip>56756TAU8</cusip>
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          <isin value="US56756TAU88"/>
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        <balance>55000.00000000</balance>
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          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>KING CNTY WASH HSG AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US494762LW51"/>
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        <balance>15000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <name>KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG</name>
        <lei>N/A</lei>
        <title>KANSAS CIY MO/AGM 5% 3/1/57@</title>
        <cusip>48504NCL1</cusip>
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          <isin value="US48504NCL10"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA STWD CMNTY DV AU RV</name>
        <lei>N/A</lei>
        <title>CA STWD 5% MT</title>
        <cusip>13080SXZ2</cusip>
        <identifiers>
          <isin value="US13080SXZ28"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28339.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 3.5% 8/1/2027</title>
        <cusip>13063C8Q6</cusip>
        <identifiers>
          <isin value="US13063C8Q69"/>
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        <balance>25000.00000000</balance>
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        <valUSD>25779.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 5% 1/1/2040</title>
        <cusip>167486D97</cusip>
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        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
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        <name>NEW JERSEY HEALTH CARE</name>
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        <name>SOUTH JERSEY PORT CORP N J REV</name>
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        <name>LOS ANGELES CA DEPT ARPTS REV</name>
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          <isin value="US544445GP88"/>
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        <name>CHICAGO IL OHARE INTL ARPT REV</name>
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          <isin value="US167593PT34"/>
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        <name>VIRGINIA COMWLTH TRANSN BRD TR</name>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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      <invstOrSec>
        <name>INDIANA FIN AUTH HEALTH SYS REV</name>
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      <invstOrSec>
        <name>CALIFORNIA EDL FACS AUTH REV</name>
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        <name>MARYLAND ST STAD AUTH BUILT LEARN REV</name>
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          <isin value="US574294AW43"/>
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        <name>CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
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        <name>LOS ANGELES CALIF WTR and PWR RE</name>
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        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
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        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
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        <name>LOS ANGELES CA UNI SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN FIN AUTH RE</name>
        <lei>N/A</lei>
        <title>MICHIGAN FIN AU 3.25% 11/15/2042</title>
        <cusip>59447TMP5</cusip>
        <identifiers>
          <isin value="US59447TMP56"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20886.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2031</title>
        <cusip>5444954K7</cusip>
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          <isin value="US5444954K70"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16704.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 1/1/2049</title>
        <cusip>57582RVY9</cusip>
        <identifiers>
          <isin value="US57582RVY97"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75910.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN BERNARDINO CA CMNTY COL DT</name>
        <lei>N/A</lei>
        <title>SAN BERNARDINO CA CMNTY COLLEGE DIST ELECTION OF 2008-SER B</title>
        <cusip>796720GH7</cusip>
        <identifiers>
          <isin value="US796720GH72"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1644.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WEST VIRGINIA UNIV REVS</name>
        <lei>N/A</lei>
        <title>WEST VA UNIV 4% 10/1/2047</title>
        <cusip>956704B58</cusip>
        <identifiers>
          <isin value="US956704B584"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68271.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 10/1/2025</title>
        <cusip>13063DQE1</cusip>
        <identifiers>
          <isin value="US13063DQE12"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>190653.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 4% 7/1/2035</title>
        <cusip>574218YQ0</cusip>
        <identifiers>
          <isin value="US574218YQ04"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105389.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>MIAMI-DADE CNTY FL WTR and SWR R</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE WTSW 5% 10/1/2046</title>
        <cusip>59334DLF9</cusip>
        <identifiers>
          <isin value="US59334DLF95"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178320.14000000</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>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST</name>
        <lei>N/A</lei>
        <title>WI ST 5% 5/1/2035</title>
        <cusip>97705MWJ0</cusip>
        <identifiers>
          <isin value="US97705MWJ07"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94673.39000000</valUSD>
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        <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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA COLLEGE BLDG AUTH EDL</name>
        <lei>N/A</lei>
        <title>VA COLL BLDG 5% 2/1/2024</title>
        <cusip>92778VFC7</cusip>
        <identifiers>
          <isin value="US92778VFC72"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5241.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAY AREA TOLL AU CA BRIDGE REV</name>
        <lei>N/A</lei>
        <title>BATA CA 5% 4/1/2054</title>
        <cusip>072024TP7</cusip>
        <identifiers>
          <isin value="US072024TP76"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36836.05000000</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>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 3/1/2035</title>
        <cusip>13063DUC0</cusip>
        <identifiers>
          <isin value="US13063DUC00"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249752.38000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA UNIV REV</name>
        <lei>N/A</lei>
        <title>DC WA UNIV REV 5% 4/1/2031</title>
        <cusip>25484JCX6</cusip>
        <identifiers>
          <isin value="US25484JCX63"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26681.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 4% 4/1/2025</title>
        <cusip>13063DKP2</cusip>
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          <isin value="US13063DKP23"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47243.97000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>MINNESOTA ST</name>
        <lei>N/A</lei>
        <title>MN ST 5% 8/1/2033</title>
        <cusip>60412ATL7</cusip>
        <identifiers>
          <isin value="US60412ATL79"/>
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        <balance>100000.00000000</balance>
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        <valUSD>114879.07000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>CALIFORNIA INFR 5% 10/1/2026</title>
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          <isin value="US13034AYN44"/>
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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>2026-10-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK COUNTY NV MCCARRAN AIR</name>
        <lei>N/A</lei>
        <title>CLARK CO NV PFC 5% 7/1/2024</title>
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        <identifiers>
          <isin value="US181006HH30"/>
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        <balance>140000.00000000</balance>
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        <valUSD>147883.25000000</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>2024-07-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN MATEO CNTY CALIF CMNTY COL DIST</name>
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          <isin value="US799038GH16"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>HAMILTON OH SALES TAX</name>
        <lei>N/A</lei>
        <title>HAMILTON CNTY OH SALES TAX CABS-SER B</title>
        <cusip>407287KR1</cusip>
        <identifiers>
          <isin value="US407287KR16"/>
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        <curCd>USD</curCd>
        <valUSD>190960.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 5.25% 1/1/2030</title>
        <cusip>167486SZ3</cusip>
        <identifiers>
          <isin value="US167486SZ33"/>
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        <curCd>USD</curCd>
        <valUSD>30580.21000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY HOUSTON TEX SPORTS AUTH REV</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY REV 0% 11/15/2049</title>
        <cusip>413890EU4</cusip>
        <identifiers>
          <isin value="US413890EU40"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6315.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI LEASE DEV REV</name>
        <lei>N/A</lei>
        <title>PUBLIC FIN ATY 5% 3/1/2029</title>
        <cusip>74444YAM6</cusip>
        <identifiers>
          <isin value="US74444YAM66"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43221.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 12/1/2024</title>
        <cusip>13063CJG6</cusip>
        <identifiers>
          <isin value="US13063CJG69"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161869.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MISSISSIPPI ST GAMING TAX REV MS</name>
        <lei>N/A</lei>
        <title>MS ST GAMING MS 5% 10/15/2023</title>
        <cusip>605638BA2</cusip>
        <identifiers>
          <isin value="US605638BA29"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155408.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ORANGE CNTY FL HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>ORANGE CNTY FL 5% 8/1/2047</title>
        <cusip>68450LFP5</cusip>
        <identifiers>
          <isin value="US68450LFP58"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84626.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST ENV FACS CORP REV</name>
        <lei>N/A</lei>
        <title>NY ST ENV FACS 5% 11/15/2039</title>
        <cusip>64985HNY9</cusip>
        <identifiers>
          <isin value="US64985HNY98"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5254.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY NE FACS CORP REV</name>
        <lei>N/A</lei>
        <title>UNIV NE FAC REV 4% 7/15/62</title>
        <cusip>914639LF4</cusip>
        <identifiers>
          <isin value="US914639LF43"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80159.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>HOUSTON TX UTIL 5% 11/15/2027</title>
        <cusip>4424355Q2</cusip>
        <identifiers>
          <isin value="US4424355Q23"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>245033.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TSASC INC NY REV</name>
        <lei>N/A</lei>
        <title>TSASC NY TOBAC 5% 6/1/2032</title>
        <cusip>898526FA1</cusip>
        <identifiers>
          <isin value="US898526FA13"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78338.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OREGON ST</name>
        <lei>N/A</lei>
        <title>OR ST 4% 5/1/2037</title>
        <cusip>68609TLL0</cusip>
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          <isin value="US68609TLL07"/>
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        <balance>110000.00000000</balance>
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        <valUSD>113399.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>LA CA USD 5% 7/1/2028</title>
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          <isin value="US544647AV25"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK NY CITY IDA REV</name>
        <lei>N/A</lei>
        <title>NEW YORK N Y CITY INDL DEV AGY REV PILOT-CAP APP-YANKEE STADIUM</title>
        <cusip>64971PHX6</cusip>
        <identifiers>
          <isin value="US64971PHX69"/>
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        <balance>25000.00000000</balance>
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        <valUSD>8633.09000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2027</title>
        <cusip>59261AJM0</cusip>
        <identifiers>
          <isin value="US59261AJM09"/>
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        <balance>10000.00000000</balance>
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        <valUSD>10769.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHESAPEAKE BAY BRDG and TUNL DIS VA REV</name>
        <lei>N/A</lei>
        <title>CHESAPEAKE BRDG 5% 11/1/2023</title>
        <cusip>16514PAG4</cusip>
        <identifiers>
          <isin value="US16514PAG46"/>
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        <balance>55000.00000000</balance>
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        <valUSD>56836.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RICHMOND CNTY GA HOSP AUTH REVANTIC CTFS</name>
        <lei>N/A</lei>
        <title>RICHMOND GA HSP 4% 1/1/2035</title>
        <cusip>764603BU9</cusip>
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          <isin value="US764603BU96"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 5% 4/15/2027</title>
        <cusip>20772KFU8</cusip>
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          <isin value="US20772KFU88"/>
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        <balance>25000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HARRIS CNTY TX</name>
        <lei>N/A</lei>
        <title>HARRIS CNY TX 5% 8/15/2033</title>
        <cusip>414005WN4</cusip>
        <identifiers>
          <isin value="US414005WN47"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16027.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW MEXICO MTG FIN AUTH</name>
        <lei>N/A</lei>
        <title>NM MFA 3.5% 7/1/2050</title>
        <cusip>647201JJ2</cusip>
        <identifiers>
          <isin value="US647201JJ21"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60001.22000000</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>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEG CA USD 5% 7/1/2026</title>
        <cusip>7973554R2</cusip>
        <identifiers>
          <isin value="US7973554R24"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55321.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ORANGE CNTY FL TOURIST DEV TAX</name>
        <lei>N/A</lei>
        <title>ORANGE FL T-TX 4% 10/1/2034</title>
        <cusip>684545ZL3</cusip>
        <identifiers>
          <isin value="US684545ZL33"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20149.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHOENIX AZ CIVIC IMPT CORP</name>
        <lei>N/A</lei>
        <title>PHX CVC ETX CHS 5% 7/1/2031</title>
        <cusip>71884AYX1</cusip>
        <identifiers>
          <isin value="US71884AYX17"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26827.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 7/15/2034</title>
        <cusip>73358WV84</cusip>
        <identifiers>
          <isin value="US73358WV848"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77791.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 3% 11/1/2035</title>
        <cusip>13063DWY0</cusip>
        <identifiers>
          <isin value="US13063DWY02"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>222706.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO CA COMM COLL DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CA CC 0% 8/1/2041</title>
        <cusip>797272NT4</cusip>
        <identifiers>
          <isin value="US797272NT46"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101082.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2027</title>
        <cusip>59261ASU2</cusip>
        <identifiers>
          <isin value="US59261ASU24"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107492.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 9/1/2032</title>
        <cusip>57582RZF6</cusip>
        <identifiers>
          <isin value="US57582RZF62"/>
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        <balance>75000.00000000</balance>
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        <valUSD>78363.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST</name>
        <lei>N/A</lei>
        <title>NC ST 4% 6/1/2023</title>
        <cusip>658256S94</cusip>
        <identifiers>
          <isin value="US658256S945"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71548.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH CO</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO HEALTH 5% 9/15/2053</title>
        <cusip>19648FJA3</cusip>
        <identifiers>
          <isin value="US19648FJA30"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85763.26000000</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>2053-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK</name>
        <lei>N/A</lei>
        <title>INDIANAPOL 5% 1/1/2033</title>
        <cusip>45528UXM8</cusip>
        <identifiers>
          <isin value="US45528UXM88"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44368.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FINGAUTH UPMC REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA EC 5% 11/15/2028</title>
        <cusip>70870JAM0</cusip>
        <identifiers>
          <isin value="US70870JAM09"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98093.30000000</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>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>BROOKHAVEN GA DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>BROOKHAVEN GA D(CHILD HLTH ATL) 4% 7/1/49</title>
        <cusip>113073AY6</cusip>
        <identifiers>
          <isin value="US113073AY60"/>
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        <balance>105000.00000000</balance>
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        <valUSD>99637.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTANA FACILITY FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>MT ST FAC FIN 4% 1/1/2036</title>
        <cusip>61204KMW8</cusip>
        <identifiers>
          <isin value="US61204KMW89"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109534.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
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          <isPaidKind>N</isPaidKind>
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      </invstOrSec>
      <invstOrSec>
        <name>JACKSONVILLE FLA SPL REV</name>
        <lei>N/A</lei>
        <title>JACKSONVILLE F 5% 10/1/2024</title>
        <cusip>469487PK2</cusip>
        <identifiers>
          <isin value="US469487PK24"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90172.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>BROWNSVILLE TX UTILITY SYSTEM</name>
        <lei>N/A</lei>
        <title>BROWNSVLE UTIL 5% 9/1/2028</title>
        <cusip>116475L51</cusip>
        <identifiers>
          <isin value="US116475L512"/>
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        <balance>80000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82993.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>VIRGINIA COLLEGE BLDG AUTH EDL</name>
        <lei>N/A</lei>
        <title>VA COLL BLDG 5% 2/1/2024</title>
        <cusip>9277817V0</cusip>
        <identifiers>
          <isin value="US9277817V09"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41934.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NORTH BROWARD CO HOSPITAL FL</name>
        <lei>N/A</lei>
        <title>NORTH BROWARD C 5% 1/1/2032</title>
        <cusip>657883DF8</cusip>
        <identifiers>
          <isin value="US657883DF82"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10462.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 4% 8/1/2028</title>
        <cusip>64966LDK4</cusip>
        <identifiers>
          <isin value="US64966LDK44"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204884.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 08/01/45</title>
        <cusip>64971XCX4</cusip>
        <identifiers>
          <isin value="US64971XCX49"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52935.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 10/15/2044</title>
        <cusip>25476FXV5</cusip>
        <identifiers>
          <isin value="US25476FXV56"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16357.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>SAN DIEGO CALIF REDEV AGY SUCCESSOR AGY TAX ALLOCATION</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CALIF 5% 9/1/2023</title>
        <cusip>79730WAG5</cusip>
        <identifiers>
          <isin value="US79730WAG50"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51847.82000000</valUSD>
        <pctVal>0.041525743501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 5.25% 6/15/2028</title>
        <cusip>64577BKD5</cusip>
        <identifiers>
          <isin value="US64577BKD54"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31467.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>GROSSMONT CA UN HGH SCH DIST</name>
        <lei>N/A</lei>
        <title>GROSSMONT CA UH 3% 8/1/2045</title>
        <cusip>399262MA9</cusip>
        <identifiers>
          <isin value="US399262MA94"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16001.94000000</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>0.03000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN HSG DEV RENTAL HSG</name>
        <lei>N/A</lei>
        <title>MI ST HDA RENTL 4.05% 10/1/2048</title>
        <cusip>59465M4M4</cusip>
        <identifiers>
          <isin value="US59465M4M43"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94270.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04050000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2032</title>
        <cusip>6461393F0</cusip>
        <identifiers>
          <isin value="US6461393F04"/>
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        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>OKLAHOMA ST MUN PWR AUTH PWR</name>
        <lei>N/A</lei>
        <title>OK MUNI PWR 5% 1/1/2047</title>
        <cusip>67910HQD5</cusip>
        <identifiers>
          <isin value="US67910HQD51"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15635.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX SER B 5% 9/1/2023</title>
        <cusip>207758TK9</cusip>
        <identifiers>
          <isin value="US207758TK91"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93283.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE CNTY PA COLLEGE REV</name>
        <lei>N/A</lei>
        <title>DELWR CO PA COL 5% 10/1/2046</title>
        <cusip>246003NJ2</cusip>
        <identifiers>
          <isin value="US246003NJ26"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144402.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ ST TURNPKE SER B 5 1/1/2028</title>
        <cusip>6461392A2</cusip>
        <identifiers>
          <isin value="US6461392A26"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45757.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 10/15/2031</title>
        <cusip>25476FXJ2</cusip>
        <identifiers>
          <isin value="US25476FXJ29"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90629.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SOUTHEAST ALA GAS SUPPLY DISTGAS SUPPLY REV</name>
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          <isin value="US84131TAF93"/>
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        <curCd>USD</curCd>
        <valUSD>50633.48000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SANTA CLARA CNTY CA FING LEASE</name>
        <lei>N/A</lei>
        <title>SANTA CLARA CY 3% 5/15/2037</title>
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          <isin value="US801577LC98"/>
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        <valUSD>177196.62000000</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>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>NEW ORL LA WTR</name>
        <lei>N/A</lei>
        <title>NEW ORL LA 5% 12/1/2040</title>
        <cusip>647753LT7</cusip>
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          <isin value="US647753LT76"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>KLEIN TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>KLEIN TX ISD 4% 8/1/2046</title>
        <cusip>498531KQ4</cusip>
        <identifiers>
          <isin value="US498531KQ44"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215192.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>ATLANTA GA WTR and WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>ATLANTA WTR and WST 5.25% 11/1/2030</title>
        <cusip>047870MA5</cusip>
        <identifiers>
          <isin value="US047870MA51"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104531.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/2030</title>
        <cusip>64972GUV4</cusip>
        <identifiers>
          <isin value="US64972GUV49"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28831.91000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <cusip>64966MRE1</cusip>
        <identifiers>
          <isin value="US64966MRE11"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45457.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV</name>
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        <title>TX PABSTC 5% 6/30/2058@</title>
        <cusip>882667AN8</cusip>
        <identifiers>
          <isin value="US882667AN81"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>168316.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MESA AZ UTIL SYS REV</name>
        <lei>N/A</lei>
        <title>MESA AZ UTIL 4% 7/1/2043</title>
        <cusip>590545R76</cusip>
        <identifiers>
          <isin value="US590545R761"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>175701.73000000</valUSD>
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        <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>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
        <lei>N/A</lei>
        <title>SAN DIEG CA USD 0% 7/1/2037</title>
        <cusip>797355W67</cusip>
        <identifiers>
          <isin value="US797355W675"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>60344.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TWY AUTH REV CAP APPREC-REF-SYS-FIRST TIER ASSURED GTY</title>
        <cusip>66285WBV7</cusip>
        <identifiers>
          <isin value="US66285WBV72"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27147.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALASKA ST</name>
        <lei>N/A</lei>
        <title>AK ST 5% 8/1/2027</title>
        <cusip>0117702Q6</cusip>
        <identifiers>
          <isin value="US0117702Q68"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>54046.09000000</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>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGHENY CNTY PA SAN AUTH SWR</name>
        <lei>N/A</lei>
        <title>ALLEG PA SWR 4% 6/1/2050</title>
        <cusip>017357L28</cusip>
        <identifiers>
          <isin value="US017357L280"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170047.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>TX WTR 3% 10/15/2034</title>
        <cusip>8828544M1</cusip>
        <identifiers>
          <isin value="US8828544M19"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121567.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>MEDFORD OR HOSP FACS AUTH</name>
        <lei>N/A</lei>
        <title>MEDFORD OR HFA 4% 8/15/2050</title>
        <cusip>584283HD0</cusip>
        <identifiers>
          <isin value="US584283HD09"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93502.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL</name>
        <lei>N/A</lei>
        <title>CHICAGO IL 0% 1/1/2030</title>
        <cusip>167486DP1</cusip>
        <identifiers>
          <isin value="US167486DP16"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61170.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FLA AVIAT REV</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE AVI 4% 10/1/2039</title>
        <cusip>59333P5X2</cusip>
        <identifiers>
          <isin value="US59333P5X26"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126075.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 0% 6/15/2049</title>
        <cusip>64972GVM3</cusip>
        <identifiers>
          <isin value="US64972GVM31"/>
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        <balance>35000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIDLAND CNTY TEX FRESH WTR SUPPLY DIST NO 1 REV</name>
        <lei>N/A</lei>
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        <cusip>597495AY6</cusip>
        <identifiers>
          <isin value="US597495AY64"/>
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        <valUSD>2868.08000000</valUSD>
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        <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>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTD DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DR 5% 7/1/2037</title>
        <cusip>64990CJJ1</cusip>
        <identifiers>
          <isin value="US64990CJJ18"/>
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        <curCd>USD</curCd>
        <valUSD>104211.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHAFFEY CA UNIFIED HSD</name>
        <lei>N/A</lei>
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        <cusip>157411SL4</cusip>
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          <isin value="US157411SL48"/>
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        <curCd>USD</curCd>
        <valUSD>19130.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>HENNEPIN CNTY MINN</name>
        <lei>N/A</lei>
        <title>HENNEPIN CO MN 5% 12/15/2029</title>
        <cusip>425507HJ2</cusip>
        <identifiers>
          <isin value="US425507HJ25"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136621.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY NV</name>
        <lei>N/A</lei>
        <title>CLARK COUNTY NV 5% 6/1/2025</title>
        <cusip>180848E33</cusip>
        <identifiers>
          <isin value="US180848E334"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26968.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ILLINOIS ST SALES TAX REV</name>
        <lei>N/A</lei>
        <title>IL SALES TAX 4% 6/15/2030</title>
        <cusip>452227RQ6</cusip>
        <identifiers>
          <isin value="US452227RQ68"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>62393.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 2/1/2031</title>
        <cusip>25476FYG7</cusip>
        <identifiers>
          <isin value="US25476FYG70"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70214.26000000</valUSD>
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        <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>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 6/1/2026</title>
        <cusip>25476FMG0</cusip>
        <identifiers>
          <isin value="US25476FMG09"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66895.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>PUTNAM CNTY FLA DEV AUTH PCR</name>
        <lei>N/A</lei>
        <title>PUTNAM FL 5% 3/15/2042</title>
        <cusip>746507AU6</cusip>
        <identifiers>
          <isin value="US746507AU67"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97405.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MISSOURI JT MUN ELEC UTIL COMM N PWR PROJ REV</name>
        <lei>N/A</lei>
        <title>MO JT MUNI ELEC 5% 1/1/2028</title>
        <cusip>606092GB4</cusip>
        <identifiers>
          <isin value="US606092GB46"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46809.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ECONOMIC DEV FIN AUTH LOUISVILLE ARENA PROJ REV</name>
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        <title>KY ECONOMIC DEV FIN AUTH LOUISVILLE ARENA PROJ REV CAP APPR LOUISVILLE SER A2 AGC</title>
        <cusip>49127KBN9</cusip>
        <identifiers>
          <isin value="US49127KBN90"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58343.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN MATEO FOSTER CITY CALIF PUB FING AUTH WASTEWATER REV</name>
        <lei>N/A</lei>
        <title>SAN MATEO FOST 5% 8/1/2049</title>
        <cusip>79905VAX9</cusip>
        <identifiers>
          <isin value="US79905VAX91"/>
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        <balance>15000.00000000</balance>
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        <valUSD>16366.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REV</name>
        <lei>N/A</lei>
        <title>IL SALES TAX 3% 6/15/2031</title>
        <cusip>452227LZ2</cusip>
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          <isin value="US452227LZ22"/>
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        <balance>35000.00000000</balance>
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        <valUSD>32482.23000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <name>NORTHERN ILL MUN PWR AGY PWR PROJ REV</name>
        <lei>N/A</lei>
        <title>NORT IL MUN PWR 5% 12/1/2029</title>
        <cusip>665250CN4</cusip>
        <identifiers>
          <isin value="US665250CN40"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49662.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
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        <cusip>59261ATJ6</cusip>
        <identifiers>
          <isin value="US59261ATJ69"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77535.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-15</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST URBAN DEV CORP REV</name>
        <lei>N/A</lei>
        <title>NYS UDC 5% 3/15/44</title>
        <cusip>6500358D3</cusip>
        <identifiers>
          <isin value="US6500358D38"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26828.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST</name>
        <lei>N/A</lei>
        <title>WI ST 5% 5/1/2030</title>
        <cusip>97705MMZ5</cusip>
        <identifiers>
          <isin value="US97705MMZ58"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136414.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>WASHINGTON ST HIGHER ED FACS</name>
        <lei>N/A</lei>
        <title>WA HI ED 3% 4/1/2049</title>
        <cusip>939781Y87</cusip>
        <identifiers>
          <isin value="US939781Y875"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48818.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 10/15/2030</title>
        <cusip>73358WZB3</cusip>
        <identifiers>
          <isin value="US73358WZB35"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37609.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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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>NEW YORK STATE URBAN DEVELOPMENT CORP</name>
        <lei>N/A</lei>
        <title>NY STATE UR D 5% 3/15/2038</title>
        <cusip>650036BZ8</cusip>
        <identifiers>
          <isin value="US650036BZ81"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>164662.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSLYVANIA DEV FING AUTH REV</name>
        <lei>N/A</lei>
        <title>PA EDFA 5% 2/1/2045</title>
        <cusip>70869PHR1</cusip>
        <identifiers>
          <isin value="US70869PHR10"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122315.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CLEVELAND OH PUB PWR SYS REV</name>
        <lei>N/A</lei>
        <title>CLEVELAND OH PUB PWR SYS REV CAP APPREC SER B 1 MBIA</title>
        <cusip>186398HU0</cusip>
        <identifiers>
          <isin value="US186398HU04"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27592.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NJ HEALTH CARE FACS FING AUTH ST CONTRACT</name>
        <lei>N/A</lei>
        <title>NJ HLTH CR FAC 5% 10/1/2026</title>
        <cusip>64580ABN0</cusip>
        <identifiers>
          <isin value="US64580ABN00"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144589.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MUSKEGON MI PUB SCHS</name>
        <lei>N/A</lei>
        <title>MUSKEGON MI PUB 5% 5/1/2051</title>
        <cusip>627831MN7</cusip>
        <identifiers>
          <isin value="US627831MN79"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65319.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 9/1/2028</title>
        <cusip>13063CYJ3</cusip>
        <identifiers>
          <isin value="US13063CYJ34"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53935.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2037</title>
        <cusip>5444958A5</cusip>
        <identifiers>
          <isin value="US5444958A52"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27820.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 5% 8/1/2026</title>
        <cusip>64966LV99</cusip>
        <identifiers>
          <isin value="US64966LV990"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161767.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA MUN FN AUTH REV</name>
        <lei>N/A</lei>
        <title>CALIFORNIA MN A 3.25% 12/31/2032 @</title>
        <cusip>13048VBS6</cusip>
        <identifiers>
          <isin value="US13048VBS60"/>
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        <balance>20000.00000000</balance>
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        <valUSD>18420.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY NORWTHWEST WA ELEC REV</name>
        <lei>N/A</lei>
        <title>ENERGY NW/WPPS 5% 7/1/2028</title>
        <cusip>29270C3C7</cusip>
        <identifiers>
          <isin value="US29270C3C71"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79429.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GEORGIA ST</name>
        <lei>N/A</lei>
        <title>GA ST 3% 2/1/2030</title>
        <cusip>3733842B1</cusip>
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          <isin value="US3733842B18"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20098.89000000</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>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>ST CLOUD MINN HEALTH CARE RV</name>
        <lei>N/A</lei>
        <title>ST CLOUD_MN HLT 5% 5/1/2048</title>
        <cusip>78916VDV9</cusip>
        <identifiers>
          <isin value="US78916VDV99"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15506.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>SUFFOLK CNTY NY WTR AUTH WTRWK</name>
        <lei>N/A</lei>
        <title>SFFLK NY WTR 4% 6/1/2041</title>
        <cusip>864784GJ6</cusip>
        <identifiers>
          <isin value="US864784GJ61"/>
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        <balance>45000.00000000</balance>
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        <valUSD>45056.79000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>M-S-R ENERGY AUTH CALIF GAS REV</name>
        <lei>N/A</lei>
        <title>M-S-R ENERGY AUTH CALIF SER B</title>
        <cusip>55374SAF7</cusip>
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          <isin value="US55374SAF74"/>
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        <balance>25000.00000000</balance>
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        <valUSD>30871.43000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEPT ARPTS REV</name>
        <lei>N/A</lei>
        <title>LA CA AIRPT 5% 5/15/2026 @</title>
        <cusip>544445GJ2</cusip>
        <identifiers>
          <isin value="US544445GJ29"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70607.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
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          <isin value="US13063DHQ43"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2033</title>
        <cusip>6461396D2</cusip>
        <identifiers>
          <isin value="US6461396D29"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53430.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP</name>
        <lei>N/A</lei>
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        <cusip>650116DE3</cusip>
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          <isin value="US650116DE38"/>
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        <balance>105000.00000000</balance>
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        <valUSD>110167.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK</name>
        <lei>N/A</lei>
        <title>INDIANAPOL 5% 2/1/2054</title>
        <cusip>45528UZK0</cusip>
        <identifiers>
          <isin value="US45528UZK05"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27169.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2025</title>
        <cusip>59261AWW3</cusip>
        <identifiers>
          <isin value="US59261AWW34"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>37163.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTD DEBT</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DR 5% 10/1/47</title>
        <cusip>64990CQE4</cusip>
        <identifiers>
          <isin value="US64990CQE48"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35328.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY HSG DEV CORPMULTIFAMILY HSG REV</name>
        <lei>549300SQWVHKBRF8D702</lei>
        <title>NY NY CITY HS 3.95% 11/1/2036</title>
        <cusip>64972CZZ9</cusip>
        <identifiers>
          <isin value="US64972CZZ93"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69509.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03950000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW ORLEANS LA AVIATION BOARD</name>
        <lei>N/A</lei>
        <title>N ORLEANS AVIAT 5% 1/1/40@</title>
        <cusip>64763HFK6</cusip>
        <identifiers>
          <isin value="US64763HFK68"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142755.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GEORGIA ST</name>
        <lei>N/A</lei>
        <title>GA ST 4% 7/1/2034</title>
        <cusip>373385CT8</cusip>
        <identifiers>
          <isin value="US373385CT84"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161551.82000000</valUSD>
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        <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>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WACO TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>WACO TX ISD 3% 8/15/2040</title>
        <cusip>929845VY8</cusip>
        <identifiers>
          <isin value="US929845VY87"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61874.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 7/15/31</title>
        <cusip>73358WV50</cusip>
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          <isin value="US73358WV509"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33730.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSISSIPPI ST GAMING TAX REV MS</name>
        <lei>N/A</lei>
        <title>MS ST GAMING MS 5% 10/15/2028</title>
        <cusip>605638BF1</cusip>
        <identifiers>
          <isin value="US605638BF16"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28015.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <name>GEORGIA ST HSG and FIN AUTH REVFOR ISSUES DTD PRIOR TO 09/15/17 SEE 373539</name>
        <lei>N/A</lei>
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        <cusip>37353PAK5</cusip>
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          <isin value="US37353PAK57"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUFFOLK CNTY NY</name>
        <lei>N/A</lei>
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          <isin value="US86476PRC40"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW JERSEY ST</name>
        <lei>N/A</lei>
        <title>NJ ST 2% 6/1/2037</title>
        <cusip>646039ZJ9</cusip>
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          <isin value="US646039ZJ96"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76301.16000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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      <invstOrSec>
        <name>FORT BEND TX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>FT BEND TX ISD 2.30% 8/15/2046</title>
        <cusip>346843TW5</cusip>
        <identifiers>
          <isin value="US346843TW58"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103784.73000000</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>2046-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02300000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
        <title>LA DWAP CA WTR 5% 7/1/2023</title>
        <cusip>544525K31</cusip>
        <identifiers>
          <isin value="US544525K310"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>METRO TR 3.25% 11/15/2031</title>
        <cusip>59261AAQ0</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
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        <cusip>882854B84</cusip>
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          <isin value="US882854B842"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65451.44000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 7/1/2029</title>
        <cusip>93974DJP4</cusip>
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          <isin value="US93974DJP42"/>
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        <balance>100000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DETROIT MI SEW DISP REV</name>
        <lei>N/A</lei>
        <title>DETROIT MI WTR and SEWERAGE DEPT REF-SR LIEN-SER A</title>
        <cusip>251250AJ5</cusip>
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          <isin value="US251250AJ54"/>
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        <valUSD>10000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
        <title>MD ST 5% 8/1/2028</title>
        <cusip>574193UL0</cusip>
        <identifiers>
          <isin value="US574193UL02"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>137406.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN ANTONIO TX ELEC and GAS REV</name>
        <lei>N/A</lei>
        <title>SAN ANTONIO E and G 5% 2/1/2035</title>
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          <isin value="US79625GBM42"/>
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        <balance>125000.00000000</balance>
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        <valUSD>139879.35000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 3% 10/1/2033</title>
        <cusip>13063DPU6</cusip>
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          <isin value="US13063DPU62"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64416.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 4% 8/1/2037</title>
        <cusip>13063DEB0</cusip>
        <identifiers>
          <isin value="US13063DEB01"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25128.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS COUNTY HOUSTON TEXAS SPORTS AUTHORITY</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY-HOUSTON TEX SPORTSAUTH SPL REV CAP APPREC-REF-SR LIEN-SER A</title>
        <cusip>413893CK2</cusip>
        <identifiers>
          <isin value="US413893CK25"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41165.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COOK CNTY IL</name>
        <lei>N/A</lei>
        <title>COOK CY IL 5% 11/15/2034</title>
        <cusip>213185LH2</cusip>
        <identifiers>
          <isin value="US213185LH20"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107026.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>HARRIS CNTY HOUSTON TEX SPORTS AUTH REV</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY REV 5% 11/15/2030</title>
        <cusip>413890DE1</cusip>
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          <isin value="US413890DE17"/>
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        <balance>170000.00000000</balance>
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        <valUSD>176263.53000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA CCD</name>
        <lei>N/A</lei>
        <title>LA CA CCD 5% 8/1/2028</title>
        <cusip>54438CTC6</cusip>
        <identifiers>
          <isin value="US54438CTC63"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106151.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NY MTA DEDICATED TAX FUND</name>
        <lei>N/A</lei>
        <title>NY MTA DED 5% 11/15/2026</title>
        <cusip>59259N2T9</cusip>
        <identifiers>
          <isin value="US59259N2T92"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99330.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SPL OBLIG</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE SPL 0% 10/1/2047</title>
        <cusip>59333NNS8</cusip>
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          <isin value="US59333NNS89"/>
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        <valUSD>15182.49000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-01</maturityDt>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>DENTON TEXAS PSF</name>
        <lei>5493005I9W678SUI0Z07</lei>
        <title>DENTON TX ISD 5% 8/15/2038</title>
        <cusip>249002BY1</cusip>
        <identifiers>
          <isin value="US249002BY18"/>
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        <balance>65000.00000000</balance>
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        <valUSD>68960.36000000</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>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>CT ST 3.375% 10/15/2036</title>
        <cusip>20772J4C3</cusip>
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          <isin value="US20772J4C38"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28700.09000000</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>2036-10-15</maturityDt>
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          <annualizedRt>0.03375000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>CONN ST HEALTH 5% 7/1/2033</title>
        <cusip>20775DCL4</cusip>
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          <isin value="US20775DCL47"/>
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        <balance>135000.00000000</balance>
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        <valUSD>141109.88000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REV</name>
        <lei>N/A</lei>
        <title>IL SALES TAX 4% 6/15/2023</title>
        <cusip>452227KJ9</cusip>
        <identifiers>
          <isin value="US452227KJ98"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>76015.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA EDL FACS AUTH REV</name>
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      <invstOrSec>
        <name>POCONO MTNS PA INDL PK AUTH HOSP REV</name>
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        <name>PENNSYLVANIA ST TPK COMMN TPK</name>
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          <isin value="US709224AY55"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK ST MTG AGY HOMEOWNERMTG REV</name>
        <lei>549300ZQWNLLIG564027</lei>
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        <name>NEW YORK NY CITY TRANSITIONAL FIN AUTH BLDG AID REV</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NEW YORK ST DORM AUTH REVS NONST SUPPORTED DEBT</name>
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        <title>NEW YORK DORM 4% 8/1/2038</title>
        <cusip>64990GGH9</cusip>
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          <isin value="US64990GGH92"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>DALLAS FORT WORTH TX INTL ARPT</name>
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        <cusip>2350366A3</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ILLINOIS ST TOLL HWY AU HWY RV</name>
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        <identifiers>
          <isin value="US452252PG86"/>
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        <balance>95000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HUDSON YDS INFRASTRUCTURE CORP NY REV</name>
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          <isin value="US44420RBD17"/>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN MATEO CA UNIFIED SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
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          <isin value="US13063DAS71"/>
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          <maturityDt>2027-11-01</maturityDt>
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        <name>OHIO ST HOSP REV</name>
        <lei>N/A</lei>
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          <isin value="US67756CCU09"/>
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        <name>HONOLULU HI CITY and CNTY</name>
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          <isin value="US438670X480"/>
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        <name>CENTRAL TX REGL MOBILITY AUTH REV</name>
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          <isin value="US155498CW68"/>
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        <name>AUSTIN TX INDPT SCH DIST CAP A</name>
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        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CONTRA COSTA CA CMNTY CLGE DIS</name>
        <lei>N/A</lei>
        <title>CONTRA COSTA CC 4% 8/1/2039</title>
        <cusip>212204HZ7</cusip>
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          <isin value="US212204HZ72"/>
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        <valUSD>144669.66000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-08-01</maturityDt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SPL OBLIG</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE SPL 0% 10/1/2032</title>
        <cusip>59333NZB2</cusip>
        <identifiers>
          <isin value="US59333NZB27"/>
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        <curCd>USD</curCd>
        <valUSD>10281.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>RIVERSIDE CA CMNTY COLLEGE DST</name>
        <lei>N/A</lei>
        <title>RIVERSIDE CA CM 3% 8/1/2036</title>
        <cusip>76886PJG9</cusip>
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          <isin value="US76886PJG90"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184508.88000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
        <title>LA DWAP CA WTR 5% 7/1/2033</title>
        <cusip>544525WB0</cusip>
        <identifiers>
          <isin value="US544525WB04"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21751.65000000</valUSD>
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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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        <name>FORT SMITH AR WTR and SWR REV</name>
        <lei>N/A</lei>
        <title>FRT SMTH AR W and S 5% 10/1/2034</title>
        <cusip>348815PL9</cusip>
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          <isin value="US348815PL97"/>
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        <balance>110000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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      <invstOrSec>
        <name>VOLUSIA CNTY FL EDL FAC ATH RV</name>
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        <title>VOLUSIA CNTY FL 5% 6/1/2045</title>
        <cusip>928836LX1</cusip>
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          <isin value="US928836LX18"/>
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        <balance>305000.00000000</balance>
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        <valUSD>310771.79000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSITY COLO ENTERPRISE SYS</name>
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        <title>UNIV CO ENT REV 5% 6/1/2028</title>
        <cusip>91417KB59</cusip>
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          <isin value="US91417KB599"/>
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        <valUSD>5279.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FLORIDA ST BRD ED PUB ED</name>
        <lei>N/A</lei>
        <title>FBE PUB ED 4% 6/1/2048</title>
        <cusip>34153QNZ5</cusip>
        <identifiers>
          <isin value="US34153QNZ53"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161246.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>INDIANA MUN PWR AGY PWR SUPPLY</name>
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        <title>IN MUNI PWR 5% 1/1/2024</title>
        <cusip>454898UF2</cusip>
        <identifiers>
          <isin value="US454898UF29"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156482.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>WA ST 5% 8/1/2026</title>
        <cusip>93974DAX6</cusip>
        <identifiers>
          <isin value="US93974DAX66"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41297.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 4% 11/15/2046</title>
        <cusip>59261AHR1</cusip>
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          <isin value="US59261AHR14"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY</name>
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        <title>NEW JERSEY EDUC 5% 9/1/2026</title>
        <cusip>646066CE8</cusip>
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          <isin value="US646066CE86"/>
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        <balance>135000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>IDAHO HEALTH FACS AUTH REV</name>
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          <isin value="US451295XN47"/>
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        <balance>20000.00000000</balance>
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        <valUSD>21476.49000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SEATTLE WA MUN LT and PWR REV</name>
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          <isin value="US812643UK86"/>
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        <balance>75000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AKRON BATH COPLEY HSP DIST OH</name>
        <lei>N/A</lei>
        <title>AKRON BATH HSP 5% 11/15/2038</title>
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          <isin value="US009730NC25"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST PORT AUTH REV</name>
        <lei>N/A</lei>
        <title>MA PORT 3% 7/1/2049</title>
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          <isin value="US575896UK91"/>
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        <balance>70000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 2% 11/1/2036</title>
        <cusip>13063DWZ7</cusip>
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          <isin value="US13063DWZ76"/>
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        <balance>60000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALVIN TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>ALVIN TX ISD 3.375% 2/15/2040</title>
        <cusip>022447P59</cusip>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/2049</title>
        <cusip>64972GUH5</cusip>
        <identifiers>
          <isin value="US64972GUH54"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>194222.11000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGHENY COUNTY PA</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CO PA 5% 11/1/2043</title>
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        <identifiers>
          <isin value="US01728VUF56"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27448.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>CLARK CNTY NV WTR RECLAMATION DIST</name>
        <lei>N/A</lei>
        <title>CLARK CO NV WTR 3% 7/1/2030</title>
        <cusip>181070ER0</cusip>
        <identifiers>
          <isin value="US181070ER08"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75039.71000000</valUSD>
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        <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>0.03000000</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>ARKANSAS DEV FIN AUTH HEALTH CARE REV</name>
        <lei>N/A</lei>
        <title>ARKANSAS DEV FI 5% 9/1/2039</title>
        <cusip>04084RBX8</cusip>
        <identifiers>
          <isin value="US04084RBX89"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56900.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>OYSTER BAY NY</name>
        <lei>N/A</lei>
        <title>OYSTER BAY NY 5% 2/15/2023</title>
        <cusip>692160PW8</cusip>
        <identifiers>
          <isin value="US692160PW88"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5099.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 11/1/2024</title>
        <cusip>64971WAW0</cusip>
        <identifiers>
          <isin value="US64971WAW01"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79028.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>COMMONWEALTH FING AUTH PA TOBMASTER SETTLEMENT PMT REV</name>
        <lei>N/A</lei>
        <title>COMMONWEALTH FI 4% 6/1/2039</title>
        <cusip>20282EAS5</cusip>
        <identifiers>
          <isin value="US20282EAS54"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>57722.82000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>WEST RANKIN MISS UTIL AUTH REV</name>
        <lei>N/A</lei>
        <title>WEST MS 955525 5% 1/1/2043</title>
        <cusip>955525BX7</cusip>
        <identifiers>
          <isin value="US955525BX76"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147440.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/2027</title>
        <cusip>13063C4P2</cusip>
        <identifiers>
          <isin value="US13063C4P23"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49735.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FLA AVIAT REV</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE AVI 5% 10/01/2025</title>
        <cusip>59333PE53</cusip>
        <identifiers>
          <isin value="US59333PE534"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40354.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
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        <cusip>544525TL2</cusip>
        <identifiers>
          <isin value="US544525TL23"/>
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        <balance>25000.00000000</balance>
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        <valUSD>26074.23000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 7/1/2031</title>
        <cusip>57582RHK5</cusip>
        <identifiers>
          <isin value="US57582RHK59"/>
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        <balance>45000.00000000</balance>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW MEMPHIS ARENA BLDG AUTH MEMPHIS and SHEBY CNTY TENN</name>
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          <isin value="US64704CAM01"/>
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        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
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          <ticker value="NJSTRN"/>
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          <maturityDt>2022-12-15</maturityDt>
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          <annualizedRt>0.04250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE</name>
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        <cusip>79766DTD1</cusip>
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          <isin value="US79766DTD11"/>
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        <balance>15000.00000000</balance>
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        <valUSD>14589.89000000</valUSD>
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      <invstOrSec>
        <name>OHIO ST</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US677522BX12"/>
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        <balance>20000.00000000</balance>
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        <valUSD>22176.67000000</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>2026-09-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA S 4% 7/15/2046</title>
        <cusip>70917TEA5</cusip>
        <identifiers>
          <isin value="US70917TEA51"/>
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        <balance>160000.00000000</balance>
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        <valUSD>144072.93000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
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        <cusip>93974DPW2</cusip>
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          <isin value="US93974DPW29"/>
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        <balance>30000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOLANO CALIF CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>SOLANO CA CMNTY 0% 8/1/2041</title>
        <cusip>83412PCA8</cusip>
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          <isin value="US83412PCA84"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>UTILITY DEBT SECURITIZATION AUTH N Y</name>
        <lei>N/A</lei>
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        <cusip>91802RBW8</cusip>
        <identifiers>
          <isin value="US91802RBW88"/>
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        <balance>80000.00000000</balance>
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        <valUSD>78974.36000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 5% 3/1/2029</title>
        <cusip>57582RZY5</cusip>
        <identifiers>
          <isin value="US57582RZY51"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200994.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MONROE CNTY N Y INDL DEV CORP</name>
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        <cusip>61075TLX4</cusip>
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          <isin value="US61075TLX45"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113114.75000000</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>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV</name>
        <lei>N/A</lei>
        <title>NC MED CR COMMN 5% 6/1/2028</title>
        <cusip>65821DUD1</cusip>
        <identifiers>
          <isin value="US65821DUD10"/>
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        <balance>65000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>ALLEG CNTY PA DEV AUTH</name>
        <lei>N/A</lei>
        <title>ALLGNY CNTY HDA 5% 7/15/2033</title>
        <cusip>01728A4T0</cusip>
        <identifiers>
          <isin value="US01728A4T09"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120013.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PA ST 5% 9/15/29</title>
        <cusip>70914PE57</cusip>
        <identifiers>
          <isin value="US70914PE577"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108337.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CALIF WTR and PWR RE</name>
        <lei>N/A</lei>
        <title>LA CA DWAP 5% 7/1/2023</title>
        <cusip>544495ZD9</cusip>
        <identifiers>
          <isin value="US544495ZD96"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10164.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>ORANGE CNTY CA WTR DIST REV CT</name>
        <lei>N/A</lei>
        <title>ORANGE CA WTR 5% I=NATL 8/15/2028</title>
        <cusip>684421BZ2</cusip>
        <identifiers>
          <isin value="US684421BZ26"/>
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        <balance>120000.00000000</balance>
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        <valUSD>132677.29000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 7/1/2023</title>
        <cusip>452152SQ5</cusip>
        <identifiers>
          <isin value="US452152SQ58"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15357.26000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA</name>
        <lei>N/A</lei>
        <title>DC WA 5% 6/1/2032</title>
        <cusip>25476FRP5</cusip>
        <identifiers>
          <isin value="US25476FRP52"/>
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        <balance>40000.00000000</balance>
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        <valUSD>43280.51000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSINCOME TAX REV</name>
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        <title>NEW YORK ST D 5% 3/15/2039</title>
        <cusip>64990FKW3</cusip>
        <identifiers>
          <isin value="US64990FKW31"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WISCONSIN ST</name>
        <lei>N/A</lei>
        <title>WI ST 5% 11/1/2031</title>
        <cusip>97705MKT1</cusip>
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          <isin value="US97705MKT17"/>
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        <balance>30000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 5% 11/15/2028</title>
        <cusip>59261APY7</cusip>
        <identifiers>
          <isin value="US59261APY72"/>
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        <balance>25000.00000000</balance>
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      <invstOrSec>
        <name>MIAMI BEACH FLA WTR and SWR REV</name>
        <lei>N/A</lei>
        <title>MIAMI BCH WTSW 5% 9/1/2047</title>
        <cusip>593241BY7</cusip>
        <identifiers>
          <isin value="US593241BY77"/>
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        <balance>115000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-09-01</maturityDt>
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      <invstOrSec>
        <name>TRANSBAY JT PWRS AUTH TAX ALLOCATION CALIF</name>
        <lei>N/A</lei>
        <title>TRANSBAY JT PWR 5% 10/1/2049</title>
        <cusip>89356CAU0</cusip>
        <identifiers>
          <isin value="US89356CAU09"/>
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        <balance>135000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST DEPT WTR RES CEN</name>
        <lei>N/A</lei>
        <title>CA WTR RES 4% 12/1/2031</title>
        <cusip>13067WCV2</cusip>
        <identifiers>
          <isin value="US13067WCV28"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41480.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>CALIFORNIA HEALTH FACS FNG AUTH REV</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>CALIFORNIA HLTH 0% 11/1/2047</title>
        <cusip>13032UMP0</cusip>
        <identifiers>
          <isin value="US13032UMP02"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80121.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LONG ISLAND PWR AUTH NY ELEC</name>
        <lei>N/A</lei>
        <title>LIPA NY 5% 9/1/2030</title>
        <cusip>542691DA5</cusip>
        <identifiers>
          <isin value="US542691DA59"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>136802.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED</name>
        <lei>N/A</lei>
        <title>NEW YORK ST DO 5% 3/15/2044</title>
        <cusip>64990AGS8</cusip>
        <identifiers>
          <isin value="US64990AGS87"/>
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        <balance>210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223717.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TAMPA FLA WTR and WASTEWTR SYS</name>
        <lei>N/A</lei>
        <title>TAMPA FLA WTR and 4% 10/1/2038</title>
        <cusip>875291AG1</cusip>
        <identifiers>
          <isin value="US875291AG13"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101820.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE ST HLTH FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>DEL HLTH(N 5% 10/1/2032</title>
        <cusip>246388TZ5</cusip>
        <identifiers>
          <isin value="US246388TZ58"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16605.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BEXAR CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>BEXAR TX HOSP 3% 2/15/2036</title>
        <cusip>088365JF9</cusip>
        <identifiers>
          <isin value="US088365JF99"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49863.32000000</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>2036-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>ONONDAGA CNTY NY TR CULTURAL RES REV</name>
        <lei>N/A</lei>
        <title>ONONDAGA CO NY 5% 12/1/2039</title>
        <cusip>68276FDL1</cusip>
        <identifiers>
          <isin value="US68276FDL13"/>
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        <balance>25000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27124.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL OHARE INTL ARPT REV</name>
        <lei>N/A</lei>
        <title>CHICAGO OHARE 5% 1/1/2033</title>
        <cusip>167593RK0</cusip>
        <identifiers>
          <isin value="US167593RK07"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109263.88000000</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>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 2/1/41</title>
        <cusip>64971WUD0</cusip>
        <identifiers>
          <isin value="US64971WUD00"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>518369.65000000</valUSD>
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        <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>0.05000000</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>CENTRAL FLA EXPWY AUTH SR LIEN REV</name>
        <lei>549300JL23Z3Z64M6K65</lei>
        <title>CENTRAL FL 3.375% 7/1/2042</title>
        <cusip>153476DE3</cusip>
        <identifiers>
          <isin value="US153476DE37"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63013.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03375000</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>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 4% 5/1/2037</title>
        <cusip>207758C92</cusip>
        <identifiers>
          <isin value="US207758C924"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35111.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 10/15/2030 AMT</title>
        <cusip>73358WJ70</cusip>
        <identifiers>
          <isin value="US73358WJ702"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21530.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT NY NJ 5% 10/15/2035</title>
        <cusip>73358WZG2</cusip>
        <identifiers>
          <isin value="US73358WZG22"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106320.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST TRANSN TR FD AUTH CAP APPREC-TRANSN SYS-SER</title>
        <cusip>646136XD8</cusip>
        <identifiers>
          <isin value="US646136XD88"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77326.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>NJ ST EDU AUT 4% 7/1/2047</title>
        <cusip>646066M31</cusip>
        <identifiers>
          <isin value="US646066M318"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35970.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS ST TOLL HWY AU HWY RV</name>
        <lei>N/A</lei>
        <title>ILL ST TOLL 5% 12/1/31</title>
        <cusip>452252LH0</cusip>
        <identifiers>
          <isin value="US452252LH06"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53326.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>JEA FL ELEC SYS REV</name>
        <lei>N/A</lei>
        <title>JEA FL ELEC SYS 5% 10/1/2027</title>
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          <isin value="US46613SFU96"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>138936.16000000</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>2027-10-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
        <title>LA DWAP CA WTR 5% 7/1/2033</title>
        <cusip>544525WX2</cusip>
        <identifiers>
          <isin value="US544525WX24"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27613.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG</name>
        <lei>N/A</lei>
        <title>CT SPEC TAX 5% 10/1/2036</title>
        <cusip>207758YL1</cusip>
        <identifiers>
          <isin value="US207758YL10"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92574.83000000</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>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TAMPA FL HEALTH SYS REV</name>
        <lei>N/A</lei>
        <title>TAMPA FL HEALTH 5% 11/15/2046</title>
        <cusip>87515ECB8</cusip>
        <identifiers>
          <isin value="US87515ECB83"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125316.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT AUTH OF NEW YORK and NEW JE CONSOL-ONE HUNDRED SEVENTY-FIR</title>
        <cusip>73358WGG3</cusip>
        <identifiers>
          <isin value="US73358WGG33"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205021.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REV</name>
        <lei>N/A</lei>
        <title>CA ST UNIV REV 5% 11/1/2043</title>
        <cusip>13077CY65</cusip>
        <identifiers>
          <isin value="US13077CY652"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41874.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>GREATER ALBANY SCH DIST NO 8J OR</name>
        <lei>N/A</lei>
        <title>GR ALBANY SCH 5% 6/15/2027</title>
        <cusip>391554CD2</cusip>
        <identifiers>
          <isin value="US391554CD22"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16835.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY GO</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC NY 4% 3/1/2039</title>
        <cusip>64966LKZ3</cusip>
        <identifiers>
          <isin value="US64966LKZ30"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>406125.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
        <lei>N/A</lei>
        <title>MS DEV BK SPL 5% 1/1/2027</title>
        <cusip>60534TNF8</cusip>
        <identifiers>
          <isin value="US60534TNF83"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16464.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>LOS ANGELES CA DEP WTR and PWR WTRWKS REV</name>
        <lei>N/A</lei>
        <title>LA DWAP CA WTR 5% 7/1/2025</title>
        <cusip>544525SA7</cusip>
        <identifiers>
          <isin value="US544525SA76"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25797.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY NV</name>
        <lei>N/A</lei>
        <title>CLARK COUNTY NV 3% 6/1/2038</title>
        <cusip>180848F81</cusip>
        <identifiers>
          <isin value="US180848F810"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55600.98000000</valUSD>
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        <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>0.03000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>EL CAMINO CA CMTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>EL CAMINO CCD 0% 08/01/2034</title>
        <cusip>282726DW5</cusip>
        <identifiers>
          <isin value="US282726DW55"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104856.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASS BAY TRAN AUTH SLS TAX</name>
        <lei>N/A</lei>
        <title>MBTA SLS TAX 5.25% 7/1/2028</title>
        <cusip>575579PZ4</cusip>
        <identifiers>
          <isin value="US575579PZ46"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46060.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH RV</name>
        <lei>N/A</lei>
        <title>ILLINOIS FIN AT 3.25% 11/15/2045</title>
        <cusip>45204ELJ5</cusip>
        <identifiers>
          <isin value="US45204ELJ54"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12082.61000000</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>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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      <invstOrSec>
        <name>SUFFOLK CNTY NY</name>
        <lei>N/A</lei>
        <title>SUFFOLK CNTY NY 5% 5/1/2027</title>
        <cusip>86476PRG5</cusip>
        <identifiers>
          <isin value="US86476PRG53"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15720.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>DENTON TX</name>
        <lei>N/A</lei>
        <title>DENTON TX 4% 2/15/2047</title>
        <cusip>248866V85</cusip>
        <identifiers>
          <isin value="US248866V850"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49238.63000000</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>2047-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT</name>
        <lei>N/A</lei>
        <title>NYS DORM CNDT 5.50% 1/1/2039</title>
        <cusip>649907M74</cusip>
        <identifiers>
          <isin value="US649907M740"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20353.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
        <lei>N/A</lei>
        <title>TRIBE NY 5% 11/15/2036</title>
        <cusip>89602N7Q1</cusip>
        <identifiers>
          <isin value="US89602N7Q12"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97169.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF TEXAS UNIV REVS</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
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        <cusip>91514AGN9</cusip>
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          <isin value="US91514AGN90"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63712.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>NJ EDA REV 4% 6/15/2024</title>
        <cusip>64577BKH6</cusip>
        <identifiers>
          <isin value="US64577BKH68"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10253.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 3% 9/1/2046</title>
        <cusip>57582RLK0</cusip>
        <identifiers>
          <isin value="US57582RLK04"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8179.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>NORTH TX TWY AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTH TX TOLL 5% 1/1/2031</title>
        <cusip>66285WLT1</cusip>
        <identifiers>
          <isin value="US66285WLT17"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128722.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN WASH DC ARPTS ATH</name>
        <lei>N/A</lei>
        <title>MTRO WA DC ARPT 5% 10/1/2028 AMT</title>
        <cusip>5926466S7</cusip>
        <identifiers>
          <isin value="US5926466S79"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41734.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TEXAS WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>TX WTR 4% 10/15/2032</title>
        <cusip>882854H70</cusip>
        <identifiers>
          <isin value="US882854H708"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52562.96000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV</name>
        <lei>N/A</lei>
        <title>MA SCH BLDG 5% 11/15/46</title>
        <cusip>576000VB6</cusip>
        <identifiers>
          <isin value="US576000VB68"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>31810.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 5% 11/01/26</title>
        <cusip>64971WU32</cusip>
        <identifiers>
          <isin value="US64971WU320"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44254.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
        <lei>N/A</lei>
        <title>MA ST 3% 4/1/2047</title>
        <cusip>57582RN69</cusip>
        <identifiers>
          <isin value="US57582RN691"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113594.77000000</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>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN TRANSN AUTH NY RV</name>
        <lei>N/A</lei>
        <title>NY MTA TRANSP 3% 11/15/2032</title>
        <cusip>59261AJS7</cusip>
        <identifiers>
          <isin value="US59261AJS78"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44476.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HAWAII ST</name>
        <lei>N/A</lei>
        <title>HI ST 5% 10/1/2022</title>
        <cusip>419792SB3</cusip>
        <identifiers>
          <isin value="US419792SB35"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10086.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSLYVANIA DEV FING AUTH REV</name>
        <lei>N/A</lei>
        <title>PA EDFA 4.125% 12/31/2038 AMT</title>
        <cusip>70869PHW0</cusip>
        <identifiers>
          <isin value="US70869PHW05"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22930.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CA CITY and CNTY CTFS PARTN</name>
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        <title>SAN FRAN CA COP 4% 4/1/2041</title>
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          <isin value="US79765D2H24"/>
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        <curCd>USD</curCd>
        <valUSD>29977.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>OREGON ST FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>OR ST FACS 5% 4/1/2045</title>
        <cusip>68608JSR3</cusip>
        <identifiers>
          <isin value="US68608JSR31"/>
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        <balance>15000.00000000</balance>
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        <valUSD>15268.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>SAN DIEGO CA UNI SCH DIST</name>
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        <title>SAN DIEGO CALIF UNI SCH DIST REF-ELECTION 1998-SER E-2 FSA</title>
        <cusip>797355WK6</cusip>
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          <isin value="US797355WK69"/>
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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>ARIZONA ST UNIV REVS</name>
        <lei>N/A</lei>
        <title>AZ ST UNIV 4% 7/1/2049</title>
        <cusip>0406637N0</cusip>
        <identifiers>
          <isin value="US0406637N01"/>
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        <balance>15000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL SCH BRD CTF</name>
        <lei>N/A</lei>
        <title>MIAMI-DADE COP 5% 5/1/2026</title>
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        <identifiers>
          <isin value="US59333MP669"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106608.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>METRO NASHVLL and DAVID TN W and S</name>
        <lei>N/A</lei>
        <title>MET GOVT TN W and S 5% 7/1/2032</title>
        <cusip>592098M61</cusip>
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          <isin value="US592098M612"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72143.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH CO</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO HEALTH 5% 11/1/2029</title>
        <cusip>19648FPG3</cusip>
        <identifiers>
          <isin value="US19648FPG36"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38489.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>NEW JERSEY ST TRANSN TR FD CAP APPREC-TRANSN SYS-SER C AMBAC</title>
        <cusip>646136EN7</cusip>
        <identifiers>
          <isin value="US646136EN71"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>53859.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HARRIS CNTY TEX TOLL RD REV</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY TOL 3% 8/15/2044</title>
        <cusip>41423PBC0</cusip>
        <identifiers>
          <isin value="US41423PBC05"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97798.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>CHESTERFIELD CNTY VA ECONOMIC DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>CHESTERFIELD VA 2% 4/1/2041</title>
        <cusip>16639SCA9</cusip>
        <identifiers>
          <isin value="US16639SCA96"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68985.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 4% 6/15/2039</title>
        <cusip>64972GVE1</cusip>
        <identifiers>
          <isin value="US64972GVE15"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99773.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW JERSEY ST TPK AUTH TPK REV</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NJ TPK 5% 1/1/2045</title>
        <cusip>6461395W1</cusip>
        <identifiers>
          <isin value="US6461395W19"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>46847.61000000</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>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MASSACHUSETTS ST HSG FIN AGY</name>
        <lei>N/A</lei>
        <title>MA HFA 4.50% 12/1/2048 AMT</title>
        <cusip>57586NXZ9</cusip>
        <identifiers>
          <isin value="US57586NXZ94"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20148.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>WASHINGTN SUBN SAN DIST MD</name>
        <lei>N/A</lei>
        <title>WASH TUBS 4% 6/1/2042</title>
        <cusip>940157M72</cusip>
        <identifiers>
          <isin value="US940157M722"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10057.91000000</valUSD>
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        <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>0.04000000</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>DETROIT MICH SCH DIST</name>
        <lei>N/A</lei>
        <title>DETROIT MICH CITY SCH DIST SCH BLDG and SITE IMPT SER 05-A FSA</title>
        <cusip>251129Z21</cusip>
        <identifiers>
          <isin value="US251129Z213"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207537.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>LOS ANGELES CA SLD WST RES REV</name>
        <lei>N/A</lei>
        <title>LA CA SLD WST 5% 2/1/2030</title>
        <cusip>54463PDX6</cusip>
        <identifiers>
          <isin value="US54463PDX69"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128603.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY CONNECTICUT</name>
        <lei>N/A</lei>
        <title>UCONN(STATE DS) 5% 4/15/2029</title>
        <cusip>914233P88</cusip>
        <identifiers>
          <isin value="US914233P882"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27887.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MECKLENBURG CNTY NC</name>
        <lei>N/A</lei>
        <title>MECKLENBERG NC 4% 3/1/2034</title>
        <cusip>584002XD6</cusip>
        <identifiers>
          <isin value="US584002XD66"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220157.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 5% 8/1/2033</title>
        <cusip>13063C6N5</cusip>
        <identifiers>
          <isin value="US13063C6N56"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>108379.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OHIO ST WTR DEV ATH WTR POLL UTION CTL REV(CUSIP)</name>
        <lei>N/A</lei>
        <title>OH WTR POL 5% 6/1/2033</title>
        <cusip>67766WYU0</cusip>
        <identifiers>
          <isin value="US67766WYU07"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102513.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST WTR DEV ATH WTR POLL UTION CTL REV(CUSIP)</name>
        <lei>N/A</lei>
        <title>OH WTR POL 3% 6/1/2046</title>
        <cusip>67766WYK2</cusip>
        <identifiers>
          <isin value="US67766WYK25"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73462.37000000</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>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>N/A</lei>
        <title>IL ST 5% 11/1/2029</title>
        <cusip>452152P21</cusip>
        <identifiers>
          <isin value="US452152P213"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10645.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ALABAMA ST PUB SCH and COLL AUTH</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW JERSEY ECONOM DEV AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US645918U439"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MONROE CNTY N Y INDL DEV CORP</name>
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        <cusip>61075TUN6</cusip>
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          <isin value="US61075TUN61"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>LOUISIANA PUB FAC AUTH HSP REV</name>
        <lei>N/A</lei>
        <title>LA PFA HOSP 3.75% 7/1/2047</title>
        <cusip>546395N91</cusip>
        <identifiers>
          <isin value="US546395N914"/>
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        <curCd>USD</curCd>
        <valUSD>26313.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
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      <invstOrSec>
        <name>LOUISVILLE/JEFF KY SWR SYS REV</name>
        <lei>N/A</lei>
        <title>LOUIS/JEFF SWR 3.25% 5/15/2046</title>
        <cusip>546589H47</cusip>
        <identifiers>
          <isin value="US546589H476"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>84207.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
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        <name>ARLINGTON TEX HIGHER ED FIN CORP ED REV</name>
        <lei>N/A</lei>
        <title>ARLINGTON TEX H 3% 8/15/2054</title>
        <cusip>041806SU5</cusip>
        <identifiers>
          <isin value="US041806SU53"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45831.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>CA ST 4% 3/1/2050</title>
        <cusip>13063DUT3</cusip>
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          <isin value="US13063DUT35"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39242.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>SAN JACINTO TX CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>SAN JCNTO TX CC 5% 2/15/2044</title>
        <cusip>798025PX4</cusip>
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          <isin value="US798025PX46"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192550.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MISSOURI ST ENVIRON IMPT and ENG</name>
        <lei>N/A</lei>
        <title>MISSOURI ST ENV 5% 7/1/2023</title>
        <cusip>60636UBJ7</cusip>
        <identifiers>
          <isin value="US60636UBJ79"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36141.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDEN ST TOB SECURTZN CORP CALIF TOB SETTLEMENT REV</name>
        <lei>N/A</lei>
        <title>GOLDEN ST TOBAC 5% 6/1/2040</title>
        <cusip>38122NZY1</cusip>
        <identifiers>
          <isin value="US38122NZY11"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10822.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>WACO TEXAS EDUCAT FIN CORP REV</name>
        <lei>N/A</lei>
        <title>WACO TEXAS EDUC 4% 3/1/2046</title>
        <cusip>929833CU3</cusip>
        <identifiers>
          <isin value="US929833CU39"/>
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        <balance>205000.00000000</balance>
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        <valUSD>195175.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BI-STATE DEV AGY MO ILL MET DIST MASS TRAN SALES TAX APPROPRIATION REV</name>
        <lei>N/A</lei>
        <title>BI-STATE DEV MO 4% 10/1/2048</title>
        <cusip>088632CL6</cusip>
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          <isin value="US088632CL61"/>
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        <valUSD>179100.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>WBRP 3.2 WASHINGTON BIOMEDICAL RESH PPTYS WASH LEASE REV</name>
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        <cusip>937308AT1</cusip>
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          <isin value="US937308AT17"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WAKE CNTY N C</name>
        <lei>N/A</lei>
        <title>WAKE CNTY N C 5% 2/1/2031</title>
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          <isin value="US930864EL38"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV</name>
        <lei>N/A</lei>
        <title>NM HOSP EQP 4.125% 8/1/2044</title>
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          <isin value="US647370GW97"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV</name>
        <lei>N/A</lei>
        <title>MWAA DULLES TOL 4% 10/1/2044</title>
        <cusip>592643DD9</cusip>
        <identifiers>
          <isin value="US592643DD92"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV</name>
        <lei>N/A</lei>
        <title>TX PABSTC 5% 12/31/2032</title>
        <cusip>882667AR9</cusip>
        <identifiers>
          <isin value="US882667AR95"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>78491.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEPT ARPTS REV</name>
        <lei>N/A</lei>
        <title>LA CA AIRPT 5% 5/15/2037 @</title>
        <cusip>544445FZ7</cusip>
        <identifiers>
          <isin value="US544445FZ79"/>
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      <invstOrSec>
        <name>WEST VIRGINIA ST</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ IDA REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FRANKLIN CNTY OH REV</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US353202FL33"/>
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      <invstOrSec>
        <name>TRIBOROUGH BRDG and TUNL NY REVS</name>
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          <isin value="US89602NJ399"/>
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      <invstOrSec>
        <name>GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV</name>
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          <isin value="US38611TAJ60"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>N/A</lei>
        <title>PUB FIN AUTH W 4% 3/31/2056 @</title>
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          <isin value="US74442PTG09"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-03-31</maturityDt>
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      <invstOrSec>
        <name>OHIO ST PARKS and REC CAP FACS</name>
        <lei>N/A</lei>
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        <cusip>67760ADX1</cusip>
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          <isin value="US67760ADX19"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ATLANTA GA WTR and WASTEWTR REV</name>
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          <isin value="US047870MX54"/>
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      <invstOrSec>
        <name>PORT AUTH NY and NJ</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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          <isin value="US73358WWY64"/>
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        <name>YUBA CA</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>ORANGE CNTY CALIF WTR DIST REV</name>
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        <title>ORANGE CNTY CAL 5% 8/15/2029</title>
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          <isin value="US68442CAY21"/>
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      <invstOrSec>
        <name>UNIVERSITY CA REVS</name>
        <lei>N/A</lei>
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          <isin value="US91412HDE09"/>
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        <name>JOHNSON and MIAMI CNTYS KANS UNI SCH DIST NO 230</name>
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        <name>KING COUNTY WA</name>
        <lei>N/A</lei>
        <title>KING CNTY WA 5% 7/1/2032</title>
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          <isin value="US49474FKD14"/>
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        <name>HARRIS CNTY HOUSTON TEX SPORTS AUTH REV</name>
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          <isin value="US413890ET76"/>
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      <invstOrSec>
        <name>REGIONAL TRANSN DIST CO CTFS P</name>
        <lei>N/A</lei>
        <title>COLO RTD COP 5% 6/1/2025</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>HARRIS CNTY TX FLOOD CTL DIST</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <annualizedRt>0.04000000</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>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>NYC TFA (PIT) 4% 2/1/2027</title>
        <cusip>64971XVD7</cusip>
        <identifiers>
          <isin value="US64971XVD73"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74777.79000000</valUSD>
        <pctVal>0.059890721097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEW JERSEY ST TRANSN TR FD AUT</name>
        <lei>N/A</lei>
        <title>TRANSPRTN PROGRAM-SER AA</title>
        <cusip>646136U66</cusip>
        <identifiers>
          <isin value="US646136U668"/>
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        <balance>420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>409528.31000000</valUSD>
        <pctVal>0.327997735635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>CHATANOOGA TN HEALTH ED and HSG FAC BRD REV</name>
        <lei>N/A</lei>
        <title>CHATANOOGA HLTH 4% 8/1/2038</title>
        <cusip>162410EK6</cusip>
        <identifiers>
          <isin value="US162410EK61"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96310.51000000</valUSD>
        <pctVal>0.077136618950</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>0.04000000</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>OKLAHOMA ST TPK AUTH TPK REV</name>
        <lei>N/A</lei>
        <title>OK TNPK REV 5% 1/1/2026</title>
        <cusip>679111YX6</cusip>
        <identifiers>
          <isin value="US679111YX67"/>
        </identifiers>
        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70728.87000000</valUSD>
        <pctVal>0.056647876685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA CCD</name>
        <lei>N/A</lei>
        <title>LA CA CCD 5% 8/1/2024</title>
        <cusip>54438CPW6</cusip>
        <identifiers>
          <isin value="US54438CPW63"/>
        </identifiers>
        <balance>35000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>36237.90000000</valUSD>
        <pctVal>0.029023510350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>NEW YORK NY CTY MUN WTR FIN AU</name>
        <lei>N/A</lei>
        <title>NYC WTR 5% 6/15/46</title>
        <cusip>64972GJV7</cusip>
        <identifiers>
          <isin value="US64972GJV77"/>
        </identifiers>
        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42026.12000000</valUSD>
        <pctVal>0.033659387790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>2022-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
