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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST STAD AUTH REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST STD 5% 5/1/2036</title>
        <cusip>574296BS7</cusip>
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          <isin value="US574296BS79"/>
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        <curCd>USD</curCd>
        <valUSD>1637190.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>MD STADIUM AUTH BUILT LEARN</name>
        <lei>N/A</lei>
        <title>MARYLAND ST STA 4% 6/1/2051</title>
        <cusip>574294AX2</cusip>
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          <isin value="US574294AX26"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>872939.80000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDERICK CNTY MD</name>
        <lei>N/A</lei>
        <title>FREDERCK CNTY 1.50% 10/1/2033</title>
        <cusip>35569PGD9</cusip>
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          <isin value="US35569PGD96"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1595670.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>MARYLAND HEALTH 5% 7/1/2039</title>
        <cusip>57421CER1</cusip>
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          <isin value="US57421CER16"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021938.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 7/1/31</title>
        <cusip>574218WV1</cusip>
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          <isin value="US574218WV17"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2202347.18000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
        <title>BALTIMRE MD 4% 1/1/2033</title>
        <cusip>059151DA5</cusip>
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          <isin value="US059151DA57"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1197513.12000000</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>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRINCE GEORGES COUNTY MD</name>
        <lei>N/A</lei>
        <title>PRINCE GEOR MD 5% 9/15/2026</title>
        <cusip>7417013E4</cusip>
        <identifiers>
          <isin value="US7417013E48"/>
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        <balance>955000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>981702.09000000</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>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST TRANSN AUTH TRANSN</name>
        <lei>N/A</lei>
        <title>MD DOT TRAN FAC 2.50% 7/1/2047</title>
        <cusip>574300NY1</cusip>
        <identifiers>
          <isin value="US574300NY14"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1291043.20000000</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>0.02500000</annualizedRt>
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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 3% 3/1/2037</title>
        <cusip>05914GBD9</cusip>
        <identifiers>
          <isin value="US05914GBD97"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>889399.40000000</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>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 3/1/2028</title>
        <cusip>05914F5Q9</cusip>
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          <isin value="US05914F5Q93"/>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>587979.21000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</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 3.5% 3/1/2050</title>
        <cusip>57419TDL2</cusip>
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          <isin value="US57419TDL26"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>681842.01000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-03-01</maturityDt>
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          <annualizedRt>0.03500000</annualizedRt>
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        <name>MARYLAND ST ECON DEV CORP ECON</name>
        <lei>N/A</lei>
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          <isin value="US57420NCV10"/>
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          <maturityDt>2049-06-01</maturityDt>
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        <name>MARYLAND ECONOMIC DEV CORP ST</name>
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          <isin value="US57420VSN46"/>
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        <name>FREDERICK CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US35569PGH01"/>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 7/1/2030</title>
        <cusip>5742182X0</cusip>
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          <isin value="US5742182X01"/>
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        <balance>850000.00000000</balance>
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      <invstOrSec>
        <name>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
        <title>BALT MD WTR 5% 7/1/2033</title>
        <cusip>05922KWF2</cusip>
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          <isin value="US05922KWF29"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>MARYLAND HEALTH 4% 6/1/2055</title>
        <cusip>57421CCL6</cusip>
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          <isin value="US57421CCL63"/>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST DEP 4% 8/1/2051 @</title>
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          <isin value="US57421FBB22"/>
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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="US574218D914"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
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          <isin value="US57421CCF95"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
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        <cusip>74514L3G0</cusip>
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          <isin value="US74514L3G08"/>
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        <curCd>USD</curCd>
        <valUSD>56443.39000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 7/1/2031</title>
        <cusip>5742182Y8</cusip>
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          <isin value="US5742182Y83"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1420543.60000000</valUSD>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>PRINCE GEORGES CTY MD CTF PART</name>
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          <isin value="US741705KX48"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
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      <invstOrSec>
        <name>MD STADIUM AUTH BUILT LEARN</name>
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        <title>MARYLAND ST STA 4% 6/1/2046</title>
        <cusip>574294AV6</cusip>
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          <isin value="US574294AV69"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
        <title>BALT MD WTR 5% 7/1/2029</title>
        <cusip>05922KV71</cusip>
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          <isin value="US05922KV716"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>538515.15000000</valUSD>
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        <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>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>PRINCE GEORGES COUNTY MD</name>
        <lei>N/A</lei>
        <title>PRINCE GEOR MD 5% 7/15/2028</title>
        <cusip>7417015L6</cusip>
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          <isin value="US7417015L62"/>
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        <valUSD>304111.67000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-15</maturityDt>
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      <invstOrSec>
        <name>HARFORD CNTY MD</name>
        <lei>N/A</lei>
        <title>HARFORD CNTY 2.95% 9/15/2032</title>
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          <isin value="US412487GA27"/>
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        <balance>1045000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-15</maturityDt>
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      <invstOrSec>
        <name>MARYLAND ECONOMIC DEV CORP ST</name>
        <lei>N/A</lei>
        <title>MD EDC STUD HSG 5% 7/1/28</title>
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          <isin value="US57420VPV98"/>
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        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US05914F2A78"/>
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          <maturityDt>2032-03-01</maturityDt>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN CONS</name>
        <lei>N/A</lei>
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          <isin value="US574204N905"/>
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        <name>MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV</name>
        <lei>549300JJ16DDBSZWSN94</lei>
        <title>MARYLAND ST ECO 5% 6/30/2037</title>
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        <name>BALTIMORE CNTY MD CREST VLG</name>
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          <isin value="US059151DE79"/>
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        <name>PRINCE GEORGES CTY MD CTF PART</name>
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      <invstOrSec>
        <name>MARYLAND ECONOMIC DEV CORP ST</name>
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      <invstOrSec>
        <name>VIRGIN ISLANDS TRANSPORTATION and INFRASTRUCTURE CORP</name>
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        <title>VIRGIN ILSD TRI 5% 9/1/2042</title>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MD ST ECON DEV CORP AIR CARGO</name>
        <lei>N/A</lei>
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        <cusip>57420MAR4</cusip>
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          <isin value="US57420MAR43"/>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>613480.61000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST CMN 5% 3/1/2030</title>
        <cusip>57419TDD0</cusip>
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          <isin value="US57419TDD00"/>
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        <valUSD>734097.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
        <title>BALT CITY MD 4% 10/15/2033</title>
        <cusip>059189YV6</cusip>
        <identifiers>
          <isin value="US059189YV61"/>
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        <balance>2005000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2042364.98000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-15</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>MEDSTAR HEALTH ISSUE SERIES B 5% 8/15/38</title>
        <cusip>574218PJ6</cusip>
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          <isin value="US574218PJ61"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2000381.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
        <title>BALT MD WTR 5% 7/1/2031</title>
        <cusip>05922KG29</cusip>
        <identifiers>
          <isin value="US05922KG295"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267635.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST STAD AUTH LEASE RV</name>
        <lei>N/A</lei>
        <title>MD STADUM LEASE 3% 12/15/2034</title>
        <cusip>574295EW7</cusip>
        <identifiers>
          <isin value="US574295EW71"/>
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        <balance>545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>498873.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARLES CNTY MD</name>
        <lei>N/A</lei>
        <title>COUNTY OF CHARL 1.625% 10/1/2033</title>
        <cusip>159808NS9</cusip>
        <identifiers>
          <isin value="US159808NS92"/>
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        <balance>2505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2024962.34000000</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>0.01625000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY</name>
        <lei>N/A</lei>
        <title>WASHINGTON METR 3% 7/15/2036</title>
        <cusip>93878YBK4</cusip>
        <identifiers>
          <isin value="US93878YBK47"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354384.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
        <title>BALTIMRE MD 4% 1/1/2050</title>
        <cusip>059151CM0</cusip>
        <identifiers>
          <isin value="US059151CM05"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1965434.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <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 5% 3/1/2031</title>
        <cusip>57419TDF5</cusip>
        <identifiers>
          <isin value="US57419TDF57"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1206850.25000000</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>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>HOWARD CNTY MD HSG COMMN LEASEREV</name>
        <lei>N/A</lei>
        <title>HOWAR MD 442573 2% 6/1/2039</title>
        <cusip>442573BF7</cusip>
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          <isin value="US442573BF78"/>
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        <balance>755000.00000000</balance>
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        <valUSD>531952.92000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-01</maturityDt>
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          <annualizedRt>0.02000000</annualizedRt>
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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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        <valUSD>1914707.82000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-01</maturityDt>
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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>
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          <isin value="US57419R7Y51"/>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
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          <isin value="US57421CFZ23"/>
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      <invstOrSec>
        <name>WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY</name>
        <lei>N/A</lei>
        <title>WASHINGTON METR 5% 7/15/2046</title>
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          <isin value="US93878YBU29"/>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 4% 8/15/2045</title>
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          <isin value="US574218VB61"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 4% 11/1/2033</title>
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          <isin value="US05914F3V07"/>
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        <balance>1805000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
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        <cusip>059151CL2</cusip>
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          <isin value="US059151CL22"/>
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        <curCd>USD</curCd>
        <valUSD>1502648.35000000</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>2045-01-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HOWARD CNTY MD</name>
        <lei>N/A</lei>
        <title>HOWARD CNTY MD 5% 8/15/2036</title>
        <cusip>44256P4M2</cusip>
        <identifiers>
          <isin value="US44256P4M21"/>
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        <curCd>USD</curCd>
        <valUSD>548577.88000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.05000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
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        <cusip>574218P64</cusip>
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          <isin value="US574218P645"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>508689.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MD ST ECON DEV CORP AIR CARGO</name>
        <lei>N/A</lei>
        <title>MD EDC AIR 5% 7/1/2027 @</title>
        <cusip>57420MAP8</cusip>
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          <isin value="US57420MAP86"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205492.76000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <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% 7/1/26</title>
        <cusip>57420VQJ5</cusip>
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          <isin value="US57420VQJ51"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354046.46000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3005164.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
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          <annualizedRt>0.02500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTGOMERY CNTY MD</name>
        <lei>N/A</lei>
        <title>MONTGMRY CO MD 4% 11/1/2033</title>
        <cusip>61334PBK8</cusip>
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          <isin value="US61334PBK84"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3052377.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
        <title>PR ST 5.75% 7/1/2031</title>
        <cusip>74514L3J4</cusip>
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          <isin value="US74514L3J47"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>476139.99000000</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>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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      <invstOrSec>
        <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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        <balance>1010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1061102.57000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-15</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>MARYLAND HEALTH 4% 7/1/2050</title>
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          <isin value="US57421CAD65"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>827469.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-01</maturityDt>
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      <invstOrSec>
        <name>PRINCE GEORGES COUNTY MD</name>
        <lei>N/A</lei>
        <title>PRINCE GEOR MD 2% 7/1/2035</title>
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          <isin value="US7417018F67"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>0.02000000</annualizedRt>
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        <name>BALTIMORE MD CONVENTION CTR HO REV</name>
        <lei>N/A</lei>
        <title>BALT CONV HOTEL MD 5% 9/1/32</title>
        <cusip>05921PBY4</cusip>
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          <isin value="US05921PBY43"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 7/1/2034</title>
        <cusip>5742188C0</cusip>
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          <isin value="US5742188C00"/>
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        <name>MARYLAND ST DEPT TRANSN CONS</name>
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          <isin value="US574204S201"/>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 7/1/2028</title>
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          <isin value="US05914GJT67"/>
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      <invstOrSec>
        <name>MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV</name>
        <lei>549300JJ16DDBSZWSN94</lei>
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          <isin value="US57422JCA43"/>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST DEP 5% 8/1/2046 @</title>
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          <isin value="US57421FBA49"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-08-01</maturityDt>
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        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
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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="US5742188D82"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MARYLAND ST ECON DEV CORP ECON</name>
        <lei>N/A</lei>
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          <isin value="US57420NCU37"/>
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      <invstOrSec>
        <name>WESTMINSTER MD EDL FACS REV</name>
        <lei>N/A</lei>
        <title>WESTMINSTER MD 5% 11/1/31</title>
        <cusip>960733CK7</cusip>
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          <isin value="US960733CK78"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1013344.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN CONS</name>
        <lei>N/A</lei>
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          <isin value="US574204N749"/>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>615686.59000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
        <title>BALT MD WTR SER D 5% 7/1/2031</title>
        <cusip>059231G79</cusip>
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          <isin value="US059231G799"/>
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        <valUSD>5387175.23000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
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        <title>MARYLAND HEALTH 4% 7/1/2045</title>
        <cusip>57421CAC8</cusip>
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          <isin value="US57421CAC82"/>
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        <balance>750000.00000000</balance>
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          <maturityDt>2045-07-01</maturityDt>
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          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>PRINCE GEORGES COUNTY MD</name>
        <lei>N/A</lei>
        <title>PRINCE GEOR MD 5% 7/15/2034</title>
        <cusip>7417016M3</cusip>
        <identifiers>
          <isin value="US7417016M37"/>
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        <balance>1010000.00000000</balance>
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        <valUSD>1059074.99000000</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>2034-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
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        <cusip>574218XX6</cusip>
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          <isin value="US574218XX63"/>
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        <valUSD>1200622.20000000</valUSD>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 6/1/29</title>
        <cusip>574218E33</cusip>
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          <isin value="US574218E334"/>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
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          <isin value="US574218D831"/>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
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          <isin value="US57419TGU97"/>
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        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US05914GBF46"/>
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        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 2017 5% 07/01/2028</title>
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      <invstOrSec>
        <name>SALISBURY MD</name>
        <lei>N/A</lei>
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        <cusip>795268PZ8</cusip>
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          <isin value="US795268PZ87"/>
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      <invstOrSec>
        <name>MONTGOMERY CNTY MD HSG OPPTYS COMMN REV</name>
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      <invstOrSec>
        <name>MARYLAND ST STAD AUTH REV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST 5% 5/1/2030</title>
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      <invstOrSec>
        <name>MARYLAND ECONOMIC DEV CORP ST</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
        <title>BALTIMRE MD 4% 1/1/2032</title>
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          <isin value="US059151CZ18"/>
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        <curCd>USD</curCd>
        <valUSD>701604.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 3/1/2026</title>
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          <isin value="US05914FZ458"/>
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        <curCd>USD</curCd>
        <valUSD>812633.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 2/1/2041</title>
        <cusip>05914GFA1</cusip>
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          <isin value="US05914GFA13"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107262.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 4/15/2035</title>
        <cusip>5742187E7</cusip>
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          <isin value="US5742187E74"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1045978.30000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <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% 7/1/36</title>
        <cusip>57420VQR7</cusip>
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          <isin value="US57420VQR77"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502666.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGIN ISLANDS TRANSPORTATION and INFRASTRUCTURE CORP</name>
        <lei>N/A</lei>
        <title>VIRGIN ILSD TRI 5% 9/1/2033</title>
        <cusip>927686AJ4</cusip>
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          <isin value="US927686AJ46"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>300342.87000000</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>2033-09-01</maturityDt>
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          <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 5% 7/1/33</title>
        <cusip>574218XW8</cusip>
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          <isin value="US574218XW80"/>
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        <balance>1325000.00000000</balance>
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        <curCd>USD</curCd>
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        <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>
        <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>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD CREST VLG</name>
        <lei>N/A</lei>
        <title>BALTIMRE MD 4% 1/1/2035</title>
        <cusip>059151DC1</cusip>
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          <isin value="US059151DC14"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MARYLAND ST DEPT TRANSN CONS</name>
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          <isin value="US574204R880"/>
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        <balance>740000.00000000</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>2032-10-01</maturityDt>
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      <invstOrSec>
        <name>MD ST ECON DEV CORP AIR CARGO</name>
        <lei>N/A</lei>
        <title>MD EDC AIR 5% 7/1/2028 @</title>
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          <isin value="US57420MAQ69"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 3/1/2031</title>
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          <isin value="US05914F5T33"/>
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      <invstOrSec>
        <name>MARYLAND ST TRANSN AUTH TRANSN</name>
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      <invstOrSec>
        <name>HOWARD CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US44256P4N04"/>
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      <invstOrSec>
        <name>Fidelity Revere Street Trust</name>
        <lei>549300BDV45LJNXBZC55</lei>
        <title>Fidelity Municipal Cash Central Fund</title>
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        <fairValLevel>1</fairValLevel>
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        <name>MD STADIUM AUTH BUILT LEARN</name>
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          <isin value="US574294AW43"/>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
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        <title>MARYLAND ST CMN 5% 9/1/2029</title>
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        <name>PRINCE GEORGES COUNTY MD</name>
        <lei>N/A</lei>
        <title>PRINCE GEOR MD 5% 7/15/2027</title>
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        <curCd>USD</curCd>
        <valUSD>794870.09000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PRINCE GEORGES COUNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US7417016X91"/>
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        <curCd>USD</curCd>
        <valUSD>513664.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 4% 7/1/2042</title>
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          <isin value="US574218B850"/>
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        <balance>2175000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>BALTIMORE MD</name>
        <lei>N/A</lei>
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          <isin value="US05923TBY47"/>
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        <curCd>USD</curCd>
        <valUSD>1647502.40000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>1KB5EZVJRET62OYIKM77</lei>
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        <cusip>574193MZ8</cusip>
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          <isin value="US574193MZ89"/>
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        <balance>1085000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1052000.16000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PRINCE GEORGES CTY MD CTF PART</name>
        <lei>N/A</lei>
        <title>PRINCE GEO COP 5% 10/1/48</title>
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          <isin value="US741705HL47"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2115374.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-01</maturityDt>
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      <invstOrSec>
        <name>MD STADIUM AUTH BUILT LEARN</name>
        <lei>N/A</lei>
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        <cusip>574294BM5</cusip>
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          <isin value="US574294BM51"/>
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        <balance>1875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1882203.00000000</valUSD>
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        <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>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>341896.03000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <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>1534182.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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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>
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          <isin value="US05922KXC88"/>
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        <name>BALTIMORE MD PROJ REV</name>
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          <isin value="US05922KJ596"/>
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      <invstOrSec>
        <name>CHARLES CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US159808HU13"/>
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        <name>MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY</name>
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          <isin value="US57421CCV46"/>
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        <name>ANNE ARUNDEL CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US03588JJU79"/>
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        <name>BALTIMORE MD PROJ REV</name>
        <lei>N/A</lei>
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          <isin value="US05922KK990"/>
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      <invstOrSec>
        <name>HARFORD CNTY MD</name>
        <lei>N/A</lei>
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          <isin value="US412487GE49"/>
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        <name>ANNE ARUNDEL CNTY MD</name>
        <lei>N/A</lei>
        <title>ANNE ARUNDEL MD 3% 10/1/2037</title>
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      <invstOrSec>
        <name>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 11/1/2028</title>
        <cusip>05914FM31</cusip>
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          <isin value="US05914FM316"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</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>MARYLAND ST HLTH and HI ED FACS</name>
        <lei>N/A</lei>
        <title>MD HEFA 5% 7/1/2032</title>
        <cusip>5742182Z5</cusip>
        <identifiers>
          <isin value="US5742182Z58"/>
        </identifiers>
        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>293850.30000000</valUSD>
        <pctVal>0.196142936193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>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"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2047911.00000000</valUSD>
        <pctVal>1.366965684920</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>0.05000000</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 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>
        <identifiers>
          <isin value="US57419TTP65"/>
        </identifiers>
        <balance>1010000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>987208.34000000</valUSD>
        <pctVal>0.658954380657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>CHARLES CNTY MD</name>
        <lei>N/A</lei>
        <title>COUNTY OF CHARL 2.8% 10/1/2031</title>
        <cusip>159808HT4</cusip>
        <identifiers>
          <isin value="US159808HT40"/>
        </identifiers>
        <balance>1105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1051919.67000000</valUSD>
        <pctVal>0.702148722372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02800000</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>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 7/1/2027</title>
        <cusip>05914GJS8</cusip>
        <identifiers>
          <isin value="US05914GJS84"/>
        </identifiers>
        <balance>1790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1870708.77000000</valUSD>
        <pctVal>1.248684486322</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>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST CMN 2.5% 9/1/2040</title>
        <cusip>57419TGT2</cusip>
        <identifiers>
          <isin value="US57419TGT25"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>736377.00000000</valUSD>
        <pctVal>0.491526287111</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>BALTIMORE CNTY MD</name>
        <lei>N/A</lei>
        <title>BATL CNTY MD 5% 3/1/2041</title>
        <cusip>05914GLR7</cusip>
        <identifiers>
          <isin value="US05914GLR73"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1614604.80000000</valUSD>
        <pctVal>1.077736950632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>PUERTO RICO COMWLTH</name>
        <lei>N/A</lei>
        <title>PR ST 5.625% 7/1/2029</title>
        <cusip>74514L3H8</cusip>
        <identifiers>
          <isin value="US74514L3H80"/>
        </identifiers>
        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193835.58000000</valUSD>
        <pctVal>0.129383838641</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>0.05625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, monthly returns presented in Item B.5.a. have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-06-30</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>
