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        <name>GUAM INTL ARPT AUTH REV</name>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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        <name>MARYLAND ST TRANSN AUTH TRANSN</name>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ANNE ARUNDEL CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US03588HUP99"/>
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        <valUSD>6975933.44000000</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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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST TRANSN AUTH TRANSN</name>
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          <isin value="US574300ME68"/>
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        <curCd>USD</curCd>
        <valUSD>1139360.90000000</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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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
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        <cusip>059189VA5</cusip>
        <identifiers>
          <isin value="US059189VA51"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2175108.20000000</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>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM INTL ARPT AUTH REV</name>
        <lei>N/A</lei>
        <title>GUAM INTL ARPT 6.25% 10/1/2034 @</title>
        <cusip>40064RES4</cusip>
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          <isin value="US40064RES40"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184602.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
        <title>BALTIMRE MD 4% 1/1/2050</title>
        <cusip>059151CM0</cusip>
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          <isin value="US059151CM05"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2060341.20000000</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>2050-01-01</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>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST CMN 5% 3/1/2031</title>
        <cusip>57419TDF5</cusip>
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          <isin value="US57419TDF57"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1257965.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST ECON DEV CORP ECON</name>
        <lei>N/A</lei>
        <title>MD EDC ECON 5% 6/1/2029</title>
        <cusip>57420NBW0</cusip>
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          <isin value="US57420NBW02"/>
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        <balance>1850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1954975.85000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST CMN 4% 9/1/2049</title>
        <cusip>57419R7Y5</cusip>
        <identifiers>
          <isin value="US57419R7Y51"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>540308.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY</name>
        <lei>N/A</lei>
        <title>WASHINGTON METR 5% 7/15/2046</title>
        <cusip>93878YBU2</cusip>
        <identifiers>
          <isin value="US93878YBU29"/>
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        <balance>3350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3607771.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</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>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 4% 11/1/2033</title>
        <cusip>05914F3V0</cusip>
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          <isin value="US05914F3V07"/>
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        <balance>1805000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1917026.42000000</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>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
        <title>BALTIMRE MD 4% 1/1/2045</title>
        <cusip>059151CL2</cusip>
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          <isin value="US059151CL22"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1549783.03000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
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        <cusip>059189VC1</cusip>
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          <isin value="US059189VC18"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ANNE ARUNDEL CNTY MD</name>
        <lei>N/A</lei>
        <title>ANNE ARUNDEL MD 5% 10/1/2048</title>
        <cusip>03588HXH4</cusip>
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          <isin value="US03588HXH47"/>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 6/1/2035</title>
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          <isin value="US574218J952"/>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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          <isin value="US574218P645"/>
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      <invstOrSec>
        <name>MD ST ECON DEV CORP AIR CARGO</name>
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      <invstOrSec>
        <name>MARYLAND ECONOMIC DEV CORP ST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MARYLAND ECONOMIC DEV CORP ST</name>
        <lei>N/A</lei>
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        <cusip>57420VQJ5</cusip>
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          <isin value="US57420VQJ51"/>
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        <valUSD>355367.95000000</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>
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      <invstOrSec>
        <name>PRINCE GEORGES CTY MD CTF PART</name>
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          <isin value="US741705KY21"/>
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        <curCd>USD</curCd>
        <valUSD>396709.12000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>MONTGOMERY CNTY MD</name>
        <lei>N/A</lei>
        <title>MONTGMRY CO MD 4% 11/1/2033</title>
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          <isin value="US61334PBK84"/>
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        <curCd>USD</curCd>
        <valUSD>3186193.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</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 5% 7/1/2035</title>
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          <isin value="US574218C270"/>
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        <curCd>USD</curCd>
        <valUSD>1537117.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
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          <isin value="US74514L3J47"/>
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        <valUSD>456174.75000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>0.05750000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST STAD AUTH REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST ST 5% 5/1/2036</title>
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          <isin value="US574296AV18"/>
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          <maturityDt>2036-05-01</maturityDt>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 4/15/2034</title>
        <cusip>5742187D9</cusip>
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          <isin value="US5742187D91"/>
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        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
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          <isin value="US57421CAD65"/>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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        <name>BALTIMORE MD CONVENTION CTR HO REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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        <name>MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV</name>
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        <name>MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV</name>
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        <name>BALTIMORE MD</name>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
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        <name>MARYLAND ST ECON DEV CORP ECON</name>
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        <name>WESTMINSTER MD EDL FACS REV</name>
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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>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 6/1/28</title>
        <cusip>574218E25</cusip>
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          <isin value="US574218E250"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>324556.27000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
        <title>BALTIMRE MD 4% 1/1/2035</title>
        <cusip>059151DC1</cusip>
        <identifiers>
          <isin value="US059151DC14"/>
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        <balance>1230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1241275.66000000</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>0.04000000</annualizedRt>
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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 4% 7/1/2050</title>
        <cusip>574300MP1</cusip>
        <identifiers>
          <isin value="US574300MP16"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2416845.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</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>
      <invstOrSec>
        <name>MD ST ECON DEV CORP AIR CARGO</name>
        <lei>N/A</lei>
        <title>MD EDC AIR 5% 7/1/2028 @</title>
        <cusip>57420MAQ6</cusip>
        <identifiers>
          <isin value="US57420MAQ69"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>652870.83000000</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>2028-07-01</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>MARYLAND ECONOMIC DEV CORP ST</name>
        <lei>N/A</lei>
        <title>MD EDC STUD HSG 5% 7/1/30</title>
        <cusip>57420VQN6</cusip>
        <identifiers>
          <isin value="US57420VQN63"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251717.75000000</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>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ECONOMIC DEV CORP ST</name>
        <lei>N/A</lei>
        <title>MD EDC STUD HSG 5% 7/1/31</title>
        <cusip>57420VQP1</cusip>
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          <isin value="US57420VQP12"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>301083.27000000</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>
        <name>PUERTO RICO SALES TAX FING CORP SALES TAX REV</name>
        <lei>N/A</lei>
        <title>PR SALES TAX 4.55% 7/1/2040</title>
        <cusip>74529JPV1</cusip>
        <identifiers>
          <isin value="US74529JPV16"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>311158.18000000</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>0.04550000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST TRANSN AUTH TRANSN</name>
        <lei>N/A</lei>
        <title>MD DOT TRAN FAC 5% 7/1/2030</title>
        <cusip>574300LC1</cusip>
        <identifiers>
          <isin value="US574300LC12"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3290304.60000000</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>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
        <title>BALT MD WTR 5% 7/1/2027</title>
        <cusip>05922KWV7</cusip>
        <identifiers>
          <isin value="US05922KWV78"/>
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        <balance>2325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2429138.38000000</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>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST CMN 5% 9/1/2029</title>
        <cusip>57419TDC2</cusip>
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          <isin value="US57419TDC27"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>605684.97000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 4% 7/1/2042</title>
        <cusip>574218B85</cusip>
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          <isin value="US574218B850"/>
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        <balance>2175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1908992.28000000</valUSD>
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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>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
        <title>BALT CITY MD 5% 9/1/2038</title>
        <cusip>05923TBY4</cusip>
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          <isin value="US05923TBY47"/>
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        <balance>1650000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-09-01</maturityDt>
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      <invstOrSec>
        <name>PRINCE GEORGES CTY MD CTF PART</name>
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        <title>PRINCE GEO COP 5% 10/1/48</title>
        <cusip>741705HL4</cusip>
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          <isin value="US741705HL47"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2201902.08000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-01</maturityDt>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 8/15/2029</title>
        <cusip>574218UW1</cusip>
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          <isin value="US574218UW18"/>
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        <balance>2000000.00000000</balance>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN CONS</name>
        <lei>N/A</lei>
        <title>MD DOT CONS TRN 5% 10/1/2033</title>
        <cusip>574204Q55</cusip>
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          <isin value="US574204Q551"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
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      <invstOrSec>
        <name>MARYLAND ST STAD AUTH BUILT LEARN REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST STA 4% 6/1/2036</title>
        <cusip>574294BM5</cusip>
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          <isin value="US574294BM51"/>
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        <balance>1875000.00000000</balance>
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        <valUSD>1893704.44000000</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>2036-06-01</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
        <title>PR ST 0% 7/1/2033</title>
        <cusip>74514L3R6</cusip>
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          <isin value="US74514L3R62"/>
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        <balance>505310.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>276520.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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 5.50% 1/1/31</title>
        <cusip>574218S95</cusip>
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          <isin value="US574218S953"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1596951.75000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
        <title>BALT MD WTR SER C 5% 07/01/34</title>
        <cusip>05922KXC8</cusip>
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          <isin value="US05922KXC88"/>
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        <curCd>USD</curCd>
        <valUSD>1328310.93000000</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>2034-07-01</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>
        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
        <title>BALTIMORE MD SP OBLI 5% 6/15/23</title>
        <cusip>05923TAQ2</cusip>
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          <isin value="US05923TAQ22"/>
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        <balance>350000.00000000</balance>
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        <valUSD>354320.58000000</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>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>MARYLAND HEALTH 3% 7/1/2051</title>
        <cusip>57421CCV4</cusip>
        <identifiers>
          <isin value="US57421CCV46"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>701579.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
        <title>BALT MD WTR 5% 7/1/2050</title>
        <cusip>05922KK99</cusip>
        <identifiers>
          <isin value="US05922KK990"/>
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        <balance>2490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2658965.42000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
        <title>BALT CITY MD 5% 10/15/2037</title>
        <cusip>059189VD9</cusip>
        <identifiers>
          <isin value="US059189VD90"/>
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        <balance>1005000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1081579.69000000</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>2037-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ECONOMIC DEV CORP ST</name>
        <lei>N/A</lei>
        <title>MD EDC STUD HSG 5% 7/1/2029</title>
        <cusip>57420VQM8</cusip>
        <identifiers>
          <isin value="US57420VQM80"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186725.00000000</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>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>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 3/1/2034</title>
        <cusip>05914F8A1</cusip>
        <identifiers>
          <isin value="US05914F8A15"/>
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        <balance>2515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2911347.65000000</valUSD>
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        <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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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 7/1/2032</title>
        <cusip>5742182Z5</cusip>
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          <isin value="US5742182Z58"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>305010.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>WASHINGTON DC MET AREA TRAN AU</name>
        <lei>N/A</lei>
        <title>DC MET TRAN 5% 7/1/2033</title>
        <cusip>938782FN4</cusip>
        <identifiers>
          <isin value="US938782FN45"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2154351.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST CMN 3% 9/1/2051</title>
        <cusip>57419TTP6</cusip>
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          <isin value="US57419TTP65"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
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          <isin value="US5742187S60"/>
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        <balance>355000.00000000</balance>
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        <valUSD>364977.28000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>PUERTO RICO COMWLTH</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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    <signature>
      <ncom:dateSigned>2022-12-30</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>
  <documents>XXXX</documents>
</edgarSubmission>
