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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA ARPT REV</name>
        <lei>N/A</lei>
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        <cusip>717817SF8</cusip>
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          <isin value="US717817SF88"/>
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        <curCd>USD</curCd>
        <valUSD>1009377.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
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        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
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          <isin value="US709225FZ41"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>429088.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA HIGHER ED ASSISTANCE AGY ED LN REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA HGR EDU ASSISTANC PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY</title>
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          <isin value="US70878CAZ86"/>
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        <curCd>USD</curCd>
        <valUSD>3231677.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DELAWARE CNTY PA</name>
        <lei>N/A</lei>
        <title>DELAWARE CNTY PA COUNTY OF DELAWARE PA</title>
        <cusip>246001ZV6</cusip>
        <identifiers>
          <isin value="US246001ZV69"/>
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        <balance>345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392095.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLEGHENY CNTY PA HOSP DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA HOSP DEV AUT ALLEGHENY COUNTY HOSPITAL DEVELOPMENT AUTHORITY</title>
        <cusip>01728A4P8</cusip>
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          <isin value="US01728A4P86"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2183065.20000000</valUSD>
        <pctVal>1.467958365028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHESTER CNTY PA</name>
        <lei>N/A</lei>
        <title>CHESTER CNTY PA COUNTY OF CHESTER PA</title>
        <cusip>165573V94</cusip>
        <identifiers>
          <isin value="US165573V943"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>314895.06000000</valUSD>
        <pctVal>0.211744861048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLENTOWN PA CITY SCH DIST</name>
        <lei>N/A</lei>
        <title>ALLENTOWN PA CITY SCH DIST ALLENTOWN CITY SCHOOL DISTRICT</title>
        <cusip>018411UA4</cusip>
        <identifiers>
          <isin value="US018411UA41"/>
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        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1855031.68000000</valUSD>
        <pctVal>1.247378810329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QUAKER VALLEY PA SCH DIST</name>
        <lei>N/A</lei>
        <title>QUAKER VLY PA SCH DIST QUAKER VALLEY SCHOOL DISTRICT/PA</title>
        <cusip>747442NM9</cusip>
        <identifiers>
          <isin value="US747442NM92"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>279801.45000000</valUSD>
        <pctVal>0.188146867567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709224A33</cusip>
        <identifiers>
          <isin value="US709224A338"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>532062.35000000</valUSD>
        <pctVal>0.357774645209</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA CITY OF PHILADELPHIA PA</title>
        <cusip>717813TB5</cusip>
        <identifiers>
          <isin value="US717813TB51"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>793242.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA CITY OF PHILADELPHIA PA</title>
        <cusip>717813YS2</cusip>
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          <isin value="US717813YS22"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1117416.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
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        <name>ALLEGHENY CNTY PA ARPT AUTH ARPT REV</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA ARPT AUTH AR ALLEGHENY COUNTY AIRPORT AUTHORITY</title>
        <cusip>01728LEV0</cusip>
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          <isin value="US01728LEV09"/>
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        <curCd>USD</curCd>
        <valUSD>1425614.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>DELAWARE RIV JT TOLL BRDG COMMN PA BRDG REV</name>
        <lei>N/A</lei>
        <title>DELAWARE RIVER PA JT TOLL BRID DELAWARE RIVER JOINT TOLL BRIDGE COMMISSION</title>
        <cusip>246343MU8</cusip>
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          <isin value="US246343MU88"/>
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        <valUSD>1374551.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DELAWARE RIV JT TOLL BRDG COMMN PA BRDG REV</name>
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        <cusip>246343KZ9</cusip>
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          <isin value="US246343KZ93"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
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          <isin value="US70917TLA78"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PENNSYLVANIA ST UNIV</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LANCASTER CNTY PA HOSP AUTH REV</name>
        <lei>N/A</lei>
        <title>LANCASTER CNTY PA HOSP AUTH LANCASTER COUNTY HOSPITAL AUTHORITY/PA</title>
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          <isin value="US514045P231"/>
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        <curCd>USD</curCd>
        <valUSD>1416075.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE CNTY PA</name>
        <lei>N/A</lei>
        <title>DELAWARE CNTY PA COUNTY OF DELAWARE PA</title>
        <cusip>246001ZU8</cusip>
        <identifiers>
          <isin value="US246001ZU86"/>
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        <balance>255000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>290612.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA GAS WKS REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA GAS WKS REVENU PHILADELPHIA GAS WORKS CO</title>
        <cusip>7178238C5</cusip>
        <identifiers>
          <isin value="US7178238C54"/>
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        <balance>1290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1310171.09000000</valUSD>
        <pctVal>0.880998245578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MT LEBANON PA HOSP AUTH REV</name>
        <lei>N/A</lei>
        <title>MOUNT LEBANON PA HOSP AUTH MOUNT LEBANON HOSPITAL AUTHORITY</title>
        <cusip>621820CW7</cusip>
        <identifiers>
          <isin value="US621820CW76"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>375306.19000000</valUSD>
        <pctVal>0.252367112561</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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR</title>
        <cusip>70869PLG0</cusip>
        <identifiers>
          <isin value="US70869PLG09"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1024549.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLEGHENY CNTY PA PORT AUTH SPL REV</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA PORT AUTH PORT AUTHORITY OF ALLEGHENY COUNTY</title>
        <cusip>017343DV3</cusip>
        <identifiers>
          <isin value="US017343DV34"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1088690.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PITTSBURGH &amp; ALLEGHENY CNTY PA SPORTS &amp; EXHIB AUTH HOTEL ROOM EXCISE TAX REV</name>
        <lei>N/A</lei>
        <title>PITTSBURGH &amp; ALLEGHENY CNTY PA SPORTS &amp; EXHIBITION AUTHORITY OF PITTSBURGH &amp; ALLE</title>
        <cusip>724791BW7</cusip>
        <identifiers>
          <isin value="US724791BW74"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1110410.70000000</valUSD>
        <pctVal>0.746673381849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225BP0</cusip>
        <identifiers>
          <isin value="US709225BP05"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1124581.20000000</valUSD>
        <pctVal>0.756202050077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE CNTY PA AUTH REV</name>
        <lei>N/A</lei>
        <title>DELAWARE CNTY PA AUTH DELAWARE COUNTY AUTHORITY</title>
        <cusip>245913MF2</cusip>
        <identifiers>
          <isin value="US245913MF22"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>525381.95000000</valUSD>
        <pctVal>0.353282544349</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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA SCH DIST</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA SCH DIST SCHOOL DISTRICT OF PHILADELPHIA/THE</title>
        <cusip>717883VV1</cusip>
        <identifiers>
          <isin value="US717883VV17"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1577472.90000000</valUSD>
        <pctVal>1.060739981179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GEISINGER AUTH PA HEALTH SYS REV</name>
        <lei>N/A</lei>
        <title>GEISINGER PA AUTH HLTH SYS REV GEISINGER AUTHORITY</title>
        <cusip>368497JX2</cusip>
        <identifiers>
          <isin value="US368497JX29"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1034228.80000000</valUSD>
        <pctVal>0.695446392674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTGOMERY CNTY PA HIGHER ED &amp; HEALTH AUTH REV</name>
        <lei>N/A</lei>
        <title>MONTGOMERY CNTY PA HGR EDU &amp; H MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTH</title>
        <cusip>613603YK9</cusip>
        <identifiers>
          <isin value="US613603YK90"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1590025.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225FY7</cusip>
        <identifiers>
          <isin value="US709225FY75"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>402165.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DELAWARE CNTY PA</name>
        <lei>N/A</lei>
        <title>DELAWARE CNTY PA COUNTY OF DELAWARE PA</title>
        <cusip>246001ZT1</cusip>
        <identifiers>
          <isin value="US246001ZT14"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>696807.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE PUB SCH BLDG AUTH PA LEASE REV</name>
        <lei>N/A</lei>
        <title>STATE PUBLIC SCH BLDG AUTH PA STATE PUBLIC SCHOOL BUILDING AUTHORITY</title>
        <cusip>85732GUY4</cusip>
        <identifiers>
          <isin value="US85732GUY42"/>
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        <balance>1635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1660491.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR</title>
        <cusip>70869PNH6</cusip>
        <identifiers>
          <isin value="US70869PNH63"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1263072.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225LY0</cusip>
        <identifiers>
          <isin value="US709225LY02"/>
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        <balance>1165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1303137.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PITTSBURGH PA WTR &amp; SWR AUTH WTR &amp; SWR SYS REV</name>
        <lei>N/A</lei>
        <title>PITTSBURGH PA WTR &amp; SWR AUTH PITTSBURGH WATER &amp; SEWER AUTHORITY</title>
        <cusip>725304UP2</cusip>
        <identifiers>
          <isin value="US725304UP28"/>
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        <balance>750000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
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        <cusip>717893Y62</cusip>
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        <valUSD>906830.16000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MONTGOMERY CNTY PA INDL DEV AUTH RETIREMENT CMNTY REV</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>766804.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV</name>
        <lei>N/A</lei>
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        <cusip>717901AZ5</cusip>
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          <isin value="US717901AZ57"/>
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        <valUSD>421903.36000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST COMMONWEALTH OF PENNSYLVANIA</title>
        <cusip>70914PN40</cusip>
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          <isin value="US70914PN404"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3591729.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST HGR EDUCTNL FA PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORI</title>
        <cusip>70917TGZ8</cusip>
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          <isin value="US70917TGZ84"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15477.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA ARPT REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA ARPT REVENUE CITY OF PHILADELPHIA PA AIRPORT REVENUE</title>
        <cusip>717817XM7</cusip>
        <identifiers>
          <isin value="US717817XM74"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1194037.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DELAWARE RIV PORT AUTH PA &amp; NJ REV</name>
        <lei>N/A</lei>
        <title>DELAWARE RIVER PORT AUTH PA &amp; DELAWARE RIVER PORT AUTHORITY</title>
        <cusip>246352GR3</cusip>
        <identifiers>
          <isin value="US246352GR30"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1066856.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTHEASTERN PA TRANSN AUTH REV</name>
        <lei>N/A</lei>
        <title>S ESTRN PA TRANSPRTN AUTH SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY</title>
        <cusip>842039FD6</cusip>
        <identifiers>
          <isin value="US842039FD67"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1141332.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION OIL FRANCHISE TAX</title>
        <cusip>709221VX0</cusip>
        <identifiers>
          <isin value="US709221VX05"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2260379.40000000</valUSD>
        <pctVal>1.519946746605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGHENY CNTY PA HIGHER ED BLDG AUTH UNIV REV</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA HGR EDU BLDG ALLEGHENY COUNTY HIGHER EDUCATION BUILDING AUTHORI</title>
        <cusip>01728RNC9</cusip>
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          <isin value="US01728RNC96"/>
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        <valUSD>554529.35000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LEHIGH CNTY PA GEN PURP AUTH CHARTER SCH REV</name>
        <lei>N/A</lei>
        <title>LEHIGH CNTY PA GEN PURPOSE AUT LEHIGH COUNTY GENERAL PURPOSE AUTHORITY</title>
        <cusip>52480EAH2</cusip>
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          <isin value="US52480EAH27"/>
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        <valUSD>1235015.23000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>CHESTER CNTY PA SCH AUTH SCH LEASE REV</name>
        <lei>N/A</lei>
        <title>CHESTER CNTY PA SCH AUTH SCH L CHESTER COUNTY SCHOOL AUTHORITY</title>
        <cusip>165618EA3</cusip>
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          <isin value="US165618EA33"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2028-03-01</maturityDt>
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        <name>EAST HEMPFIELD TWP PA INDL DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>E HEMPFIELD TWP PA INDL DEV AU EAST HEMPFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUT</title>
        <cusip>273007CF9</cusip>
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          <isin value="US273007CF98"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
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        <title>PHILADELPHIA PA WTR &amp; WSTWTR R CITY OF PHILADELPHIA PA WATER &amp; WASTEWATER REVENUE</title>
        <cusip>717893E49</cusip>
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          <isin value="US717893E498"/>
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        <balance>475000.00000000</balance>
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        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
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        <cusip>717893N31</cusip>
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          <isin value="US717893N317"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <name>PHILADELPHIA PA GAS WKS REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA GAS WKS REVENU PHILADELPHIA GAS WORKS CO</title>
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          <isin value="US7178238G68"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PENNSYLVANIA ST</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>PENNSYLVANIA HIGHER ED ASSISTANCE AGY ED LN REV</name>
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        <cusip>70878CBG9</cusip>
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          <isin value="US70878CBG96"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WASTEWTR SYS REV</name>
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        <cusip>40065FDW1</cusip>
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          <isin value="US40065FDW14"/>
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        <valUSD>998604.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ALLEGHENY CNTY PA HOSP DEV AUTH REV</name>
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        <cusip>01728A3W4</cusip>
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          <isin value="US01728A3W47"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUTHEASTERN PA TRANSN AUTH REV</name>
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          <isin value="US842039FC84"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MT LEBANON PA HOSP AUTH REV</name>
        <lei>N/A</lei>
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        <cusip>621820CU1</cusip>
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          <isin value="US621820CU11"/>
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        <curCd>USD</curCd>
        <valUSD>420067.48000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <lei>N/A</lei>
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          <isin value="US725209LF50"/>
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        <curCd>USD</curCd>
        <valUSD>440265.08000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>PHILADELPHIA PA GAS WKS REV</name>
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        <name>PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV</name>
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        <name>CUMBERLAND CNTY PA MUN AUTH REV</name>
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        <name>UNIV PITTSBURGH OF THE COMWLTH SYS OF HIGHER ED PA</name>
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        <name>DELAWARE VALLEY PA REGL FIN AUTH LOC GOVT REV</name>
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        <name>CHESTER CNTY PA HEALTH &amp; ED FACS AUTH HEALTH SYS REV</name>
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        <name>PENNSYLVANIA ST CTFS PARTN</name>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="US7839655930"/>
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        <curCd>USD</curCd>
        <valUSD>3166065.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DELAWARE CNTY PA AUTH REV</name>
        <lei>N/A</lei>
        <title>DELAWARE CNTY PA AUTH DELAWARE COUNTY AUTHORITY</title>
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          <isin value="US245913MG05"/>
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        <curCd>USD</curCd>
        <valUSD>525381.95000000</valUSD>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
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          <isin value="US709225GW01"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA WTR &amp; WSTWTR R CITY OF PHILADELPHIA PA WATER &amp; WASTEWATER REVENUE</title>
        <cusip>717893E56</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
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        <name>NORTHAMPTON CNTY PA GEN PURP AUTH REV</name>
        <lei>N/A</lei>
        <title>NORTHAMPTON CNTY PA GEN PURPOS NORTHAMPTON COUNTY GENERAL PURPOSE AUTHORITY</title>
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          <isin value="US663507DH19"/>
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        <curCd>USD</curCd>
        <valUSD>1175354.70000000</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>2034-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225CQ7</cusip>
        <identifiers>
          <isin value="US709225CQ78"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1346087.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH PRIVATE ACTIVITY REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR</title>
        <cusip>70868YAK5</cusip>
        <identifiers>
          <isin value="US70868YAK55"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1613416.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225BN5</cusip>
        <identifiers>
          <isin value="US709225BN56"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>588823.10000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA WTR &amp; WSTWTR R CITY OF PHILADELPHIA PA WATER &amp; WASTEWATER REVENUE</title>
        <cusip>717893V32</cusip>
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          <isin value="US717893V328"/>
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        <balance>2250000.00000000</balance>
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        <valUSD>2528135.33000000</valUSD>
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      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL DEV LEASE REV</name>
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          <isin value="US71781QFD51"/>
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        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US70917TJD46"/>
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        <name>LANCASTER PA HIGHER ED AUTH COLLEGE REV</name>
        <lei>N/A</lei>
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          <isin value="US514328HS55"/>
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        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US70869PPR28"/>
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        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV</name>
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        <name>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST COMMONWEALTH OF PENNSYLVANIA</title>
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          <isin value="US70914P2F80"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
        <lei>N/A</lei>
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        <cusip>717893P54</cusip>
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          <isin value="US717893P544"/>
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        <curCd>USD</curCd>
        <valUSD>768991.55000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLEGHENY CNTY PA HOSP DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA HOSP DEV AUT ALLEGHENY COUNTY HOSPITAL DEVELOPMENT AUTHORITY</title>
        <cusip>01728A4Q6</cusip>
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          <isin value="US01728A4Q69"/>
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        <curCd>USD</curCd>
        <valUSD>329762.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST HGR EDUCTNL FA PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORI</title>
        <cusip>70917TQM6</cusip>
        <identifiers>
          <isin value="US70917TQM61"/>
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        <balance>1165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1225555.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHEASTERN PA TRANSN AUTH REV</name>
        <lei>N/A</lei>
        <title>S ESTRN PA TRANSPRTN AUTH SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY</title>
        <cusip>842039CT4</cusip>
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          <isin value="US842039CT47"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>769488.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225MC7</cusip>
        <identifiers>
          <isin value="US709225MC72"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1020848.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLEGHENY CNTY PA HOSP DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA HOSP DEV AUT ALLEGHENY COUNTY HOSPITAL DEVELOPMENT AUTHORITY</title>
        <cusip>01728A3N4</cusip>
        <identifiers>
          <isin value="US01728A3N48"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2648547.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA AUTH FOR INDL PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT</title>
        <cusip>717901BH4</cusip>
        <identifiers>
          <isin value="US717901BH41"/>
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        <balance>5325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5365269.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST HSG FIN AGY SF PENNSYLVANIA HOUSING FINANCE AGENCY</title>
        <cusip>70879QSA2</cusip>
        <identifiers>
          <isin value="US70879QSA21"/>
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        <balance>1815000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1845030.99000000</valUSD>
        <pctVal>1.240654047120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTGOMERY CNTY PA HIGHER ED &amp; HEALTH AUTH REV</name>
        <lei>N/A</lei>
        <title>MONTGOMERY CNTY PA HGR EDU &amp; H MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTH</title>
        <cusip>613603ZU6</cusip>
        <identifiers>
          <isin value="US613603ZU63"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505919.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BETHEL PARK PA SCH DIST</name>
        <lei>N/A</lei>
        <title>BETHEL PARK PA SCH DIST BETHEL PARK SCHOOL DISTRICT</title>
        <cusip>087059MN8</cusip>
        <identifiers>
          <isin value="US087059MN89"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1037720.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST HGR EDUCTNL FA PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORI</title>
        <cusip>70917SU35</cusip>
        <identifiers>
          <isin value="US70917SU356"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1183618.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225EK8</cusip>
        <identifiers>
          <isin value="US709225EK80"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>565094.85000000</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>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV</name>
        <lei>N/A</lei>
        <title>CMWLTH FING AUTH PA TOBACCO MA COMMONWEALTH FINANCING AUTHORITY</title>
        <cusip>20282EAJ5</cusip>
        <identifiers>
          <isin value="US20282EAJ55"/>
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        <balance>2500000.00000000</balance>
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        <valUSD>2664877.50000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LYCOMING CNTY PA AUTH COLLEGE REV</name>
        <lei>N/A</lei>
        <title>LYCOMING CNTY PA AUTH LYCOMING COUNTY AUTHORITY</title>
        <cusip>550802KR2</cusip>
        <identifiers>
          <isin value="US550802KR27"/>
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        <balance>900000.00000000</balance>
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        <valUSD>973411.29000000</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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>DELAWARE CNTY PA</name>
        <lei>N/A</lei>
        <title>DELAWARE CNTY PA COUNTY OF DELAWARE PA</title>
        <cusip>246001ZS3</cusip>
        <identifiers>
          <isin value="US246001ZS31"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>263305.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST COMMONWEALTH OF PENNSYLVANIA</title>
        <cusip>70914PH54</cusip>
        <identifiers>
          <isin value="US70914PH547"/>
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        <balance>870000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>906965.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELAWARE CNTY PA REGL WTR QUALITY CTL AUTH SWR REV</name>
        <lei>N/A</lei>
        <title>DELAWARE CNTY PA REGL WTR QUAL DELAWARE COUNTY REGIONAL WATER QUALITY CONTROL AUT</title>
        <cusip>246045MU9</cusip>
        <identifiers>
          <isin value="US246045MU97"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>441882.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN TPK REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION</title>
        <cusip>709225HQ2</cusip>
        <identifiers>
          <isin value="US709225HQ24"/>
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        <balance>675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>774525.31000000</valUSD>
        <pctVal>0.520813994809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PENNSYLVANIA TURNPIKE COMMISSION OIL FRANCHISE TAX</title>
        <cusip>709221VV4</cusip>
        <identifiers>
          <isin value="US709221VV49"/>
        </identifiers>
        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1514116.53000000</valUSD>
        <pctVal>1.018137262158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR</title>
        <cusip>70870JEQ7</cusip>
        <identifiers>
          <isin value="US70870JEQ76"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1116464.10000000</valUSD>
        <pctVal>0.750743869147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PITTSBURGH PA WTR &amp; SWR AUTH WTR &amp; SWR SYS REV</name>
        <lei>N/A</lei>
        <title>PITTSBURGH PA WTR &amp; SWR AUTH PITTSBURGH WATER &amp; SEWER AUTHORITY</title>
        <cusip>725304VS5</cusip>
        <identifiers>
          <isin value="US725304VS57"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>495578.61000000</valUSD>
        <pctVal>0.333241886719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA CITY OF PHILADELPHIA PA</title>
        <cusip>717813VL0</cusip>
        <identifiers>
          <isin value="US717813VL06"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1055281.10000000</valUSD>
        <pctVal>0.709602589149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA CITY OF PHILADELPHIA PA</title>
        <cusip>717813YP8</cusip>
        <identifiers>
          <isin value="US717813YP82"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1069879.80000000</valUSD>
        <pctVal>0.719419191870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR</title>
        <cusip>70869PPS0</cusip>
        <identifiers>
          <isin value="US70869PPS01"/>
        </identifiers>
        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>839215.41000000</valUSD>
        <pctVal>0.564313553791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHESTER CNTY PA</name>
        <lei>N/A</lei>
        <title>CHESTER CNTY PA COUNTY OF CHESTER PA</title>
        <cusip>165573W28</cusip>
        <identifiers>
          <isin value="US165573W289"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261746.33000000</valUSD>
        <pctVal>0.176006064609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PITTSBURGH &amp; ALLEGHENY CNTY PA SPORTS &amp; EXHIB AUTH PKG REV</name>
        <lei>N/A</lei>
        <title>PITTSBURGH &amp; ALLEGHENY CNTY PA SPORTS &amp; EXHIBITION AUTHORITY OF PITTSBURGH &amp; ALLE</title>
        <cusip>724792BD7</cusip>
        <identifiers>
          <isin value="US724792BD76"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1059646.90000000</valUSD>
        <pctVal>0.712538283708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LANCASTER CNTY PA HOSP AUTH REV</name>
        <lei>N/A</lei>
        <title>LANCASTER CNTY PA HOSP AUTH LANCASTER COUNTY HOSPITAL AUTHORITY/PA</title>
        <cusip>514045M67</cusip>
        <identifiers>
          <isin value="US514045M675"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>518326.50000000</valUSD>
        <pctVal>0.348538248647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PITTSBURGH PA WTR &amp; SWR AUTH WTR &amp; SWR SYS REV</name>
        <lei>N/A</lei>
        <title>PITTSBURGH PA WTR &amp; SWR AUTH PITTSBURGH WATER &amp; SEWER AUTHORITY</title>
        <cusip>725304TU3</cusip>
        <identifiers>
          <isin value="US725304TU32"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2071589.20000000</valUSD>
        <pctVal>1.392998566896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST CTFS PARTN</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST COPS COMMONWEALTH OF PENNSYLVANIA</title>
        <cusip>709144NM7</cusip>
        <identifiers>
          <isin value="US709144NM77"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>427465.12000000</valUSD>
        <pctVal>0.287440337861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH PKG SYS REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FINGA PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHOR</title>
        <cusip>70870EFB0</cusip>
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          <isin value="US70870EFB02"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1142853.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA GAS WKS REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA GAS WKS REVENU PHILADELPHIA GAS WORKS CO</title>
        <cusip>71783MBN4</cusip>
        <identifiers>
          <isin value="US71783MBN48"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1107970.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QUAKER VALLEY PA SCH DIST</name>
        <lei>N/A</lei>
        <title>QUAKER VLY PA SCH DIST QUAKER VALLEY SCHOOL DISTRICT/PA</title>
        <cusip>747442NN7</cusip>
        <identifiers>
          <isin value="US747442NN75"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362802.54000000</valUSD>
        <pctVal>0.243959284150</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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LUZERNE CNTY PA INDL DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>LUZERNE CNTY PA INDL DEV AUTH LUZERNE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>550728AF6</cusip>
        <identifiers>
          <isin value="US550728AF65"/>
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        <balance>1700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1551209.54000000</valUSD>
        <pctVal>1.043079712028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST HGR EDUCTNL FA PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORI</title>
        <cusip>70917S6H1</cusip>
        <identifiers>
          <isin value="US70917S6H16"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1057423.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>NORTHAMPTON CNTY PA GEN PURPOS NORTHAMPTON COUNTY GENERAL PURPOSE AUTHORITY</title>
        <cusip>66353RCW2</cusip>
        <identifiers>
          <isin value="US66353RCW25"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1142247.60000000</valUSD>
        <pctVal>0.768081466075</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL DEV REVS</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA AUTH FOR INDL PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT</title>
        <cusip>71781XBL6</cusip>
        <identifiers>
          <isin value="US71781XBL64"/>
        </identifiers>
        <balance>1005000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1034553.33000000</valUSD>
        <pctVal>0.695664616357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OCTORARA PA AREA SCH DIST</name>
        <lei>N/A</lei>
        <title>OCTORARA PA AREA SCH DIST OCTORARA AREA SCHOOL DISTRICT</title>
        <cusip>675740RX4</cusip>
        <identifiers>
          <isin value="US675740RX48"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>936301.95000000</valUSD>
        <pctVal>0.629597448438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV</name>
        <lei>N/A</lei>
        <title>CMWLTH FING AUTH PA TOBACCO MA COMMONWEALTH FINANCING AUTHORITY</title>
        <cusip>20282EAK2</cusip>
        <identifiers>
          <isin value="US20282EAK29"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>532333.10000000</valUSD>
        <pctVal>0.357956705611</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA WTR &amp; WASTEWTR REV</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA WTR &amp; WSTWTR R CITY OF PHILADELPHIA PA WATER &amp; WASTEWATER REVENUE</title>
        <cusip>717893L41</cusip>
        <identifiers>
          <isin value="US717893L410"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1384441.38000000</valUSD>
        <pctVal>0.930939810987</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST HGR EDUCTNL FA PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORI</title>
        <cusip>70917TQH7</cusip>
        <identifiers>
          <isin value="US70917TQH76"/>
        </identifiers>
        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75208.97000000</valUSD>
        <pctVal>0.050572761929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2024-11-30</ncom:dateSigned>
      <ncom:nameOfApplicant>SEI TAX EXEMPT TRUST</ncom:nameOfApplicant>
      <ncom:signature>Glenn Kurdziel</ncom:signature>
      <ncom:signerName>Glenn Kurdziel</ncom:signerName>
      <ncom:title>Controller and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
