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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALLEGHENY CNTY PA HOSP DEV AUTH REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALLEN CNTY OHIO HOSP FACS REV</name>
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          <isin value="US01757LHL36"/>
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        <valUSD>3000000.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALLEN CNTY OHIO HOSP FACS REV</name>
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          <isin value="US01757LGZ31"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>AMERICAN MUN PWR OHIO INC REV</name>
        <lei>N/A</lei>
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          <isin value="US02765UTC89"/>
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        <curCd>USD</curCd>
        <valUSD>874935.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>ANDOVER KANS</name>
        <lei>N/A</lei>
        <title>ANDOVER KS CITY OF ANDOVER KS</title>
        <cusip>0342806P7</cusip>
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          <isin value="US0342806P76"/>
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        <balance>10235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10310351.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US040507QB45"/>
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        <curCd>USD</curCd>
        <valUSD>1695000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
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        <cusip>040507QT5</cusip>
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          <isin value="US040507QT52"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>595998.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.15958455</annualizedRt>
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        <securityLending>
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        <name>ARLINGTON TEX HIGHER ED FIN CORP ED REV</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX HGR EDU FIN CORP ARLINGTON HIGHER EDUCATION FINANCE CORP</title>
        <cusip>041807BL1</cusip>
        <identifiers>
          <isin value="US041807BL11"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>323681.12000000</valUSD>
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        <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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARLINGTON TEX HSG FIN CORP MULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX HSG FIN CORP MF H ARLINGTON HOUSING FINANCE CORP</title>
        <cusip>041818AB1</cusip>
        <identifiers>
          <isin value="US041818AB11"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5007324.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
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        <name>ATLANTA GA WTR &amp; WASTEWTR REV</name>
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          <isin value="US047870CY48"/>
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        <valUSD>1537358.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>AUSTIN AFFORDABLE PFC INC TEX MULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>AUSTIN TX AFFORDABLE PUBLIC FA AUSTIN AFFORDABLE PFC INC</title>
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          <isin value="US05217TAZ75"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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        <name>BARRY CNTY MO CTFS PARTN</name>
        <lei>N/A</lei>
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          <isin value="US06882PAE43"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BARTOW CNTY GA DEV AUTH SOLID WASTE DISP FAC REV</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>BIG SKY RESORT AREA DIST MONT RESORT TAX REV</name>
        <lei>N/A</lei>
        <title>BIG SKY RESORT AREA DIST RESOR BIG SKY RESORT AREA DISTRICT</title>
        <cusip>08954GAF0</cusip>
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          <isin value="US08954GAF00"/>
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        <name>BIG SKY RESORT AREA DIST MONT RESORT TAX REV</name>
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        <name>BIG SKY RESORT AREA DIST MONT RESORT TAX REV</name>
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        <title>BIG SKY RESORT AREA DIST RESOR BIG SKY RESORT AREA DISTRICT</title>
        <cusip>08954GAD5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
        <lei>N/A</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BLACK BELT ENERGY GAS DISTRICT</title>
        <cusip>09182TGR2</cusip>
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          <isin value="US09182TGR23"/>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV</name>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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          <isin value="US09182TBL08"/>
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        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV</name>
        <lei>N/A</lei>
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        <cusip>09182TEE3</cusip>
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          <isin value="US09182TEE38"/>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV</name>
        <lei>N/A</lei>
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        <cusip>09182RBE0</cusip>
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          <isin value="US09182RBE09"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BROOKLYN CENTER MINN INDPT SCH DIST NO 286</name>
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          <isin value="US113853ND33"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>BUFFALO CNTY WIS</name>
        <lei>N/A</lei>
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          <isin value="US119511CT88"/>
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        <name>BUFFALO N Y MUN HSG AUTH CAP FDS FING PROG REV</name>
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        <name>BURKE CNTY GA DEV AUTH POLLUTN CTL REV</name>
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        <name>BURKE CNTY GA DEV AUTH POLLUTN CTL REV</name>
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        <name>CACHE CNTY UTAH SCH DIST</name>
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        <name>CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV</name>
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        <name>CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV</name>
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        <name>CASS CNTY N D JT WTR RES DIST</name>
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        <name>CENTER CITY MINN HEALTH CARE FACS REV</name>
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        <name>CHICAGO ILL MIDWAY ARPT REV</name>
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        <name>CHICAGO ILL MIDWAY ARPT REV</name>
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        <name>COLORADO SCIENCE &amp; TECHNOLOGY PK MET DIST NO 1 SPL REV</name>
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        <name>COLORADO HEALTH FACS AUTH REV</name>
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        <name>COLUMBIA ALA INDL DEV BRD POLLUTN CTL REV</name>
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        <name>COLUMBUS-FRANKLIN CNTY OHIO FIN AUTH MULTIFAMILY HSG REV</name>
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        <name>CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG</name>
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        <name>CONROE TEX MUN MGMT DIST NO 1</name>
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        <invCountry>US</invCountry>

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      <invstOrSec>
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          <isin value="US208422MN24"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US208422LN33"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <cusip>208422LM5</cusip>
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          <isin value="US208422LM59"/>
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        <valUSD>396991.18000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>COOK CNTY ILL</name>
        <lei>N/A</lei>
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          <isin value="US213185KL41"/>
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        <curCd>USD</curCd>
        <valUSD>1016858.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CUYAHOGA CNTY OHIO CTFS PARTN</name>
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          <isin value="US23225PAX33"/>
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        <curCd>USD</curCd>
        <valUSD>860899.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CUYAHOGA OHIO MET HSG AUTH MULTIFAMILY HSG REV</name>
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        <cusip>23239TAH4</cusip>
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          <isin value="US23239TAH41"/>
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        <valUSD>1191355.77000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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      <invstOrSec>
        <name>DALLAS TEX HSG FIN CORP MULTIFAMILY HSG REV</name>
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          <isin value="US235298BY10"/>
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        <valUSD>8789755.73000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DALTON GA HSG AUTH MULTIFAMILY HSG REV</name>
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          <isin value="US235564AA99"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DANE CNTY WIS</name>
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        <name>DANE CNTY WIS</name>
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        <name>DECATUR GA HSG AUTH MULTIFAMILY HSG REV</name>
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        <name>DENTON CNTY TEX</name>
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        <name>DENTON TEX INDPT SCH DIST</name>
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          <isin value="US249002LH74"/>
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        <name>DENTON TEX INDPT SCH DIST</name>
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        <name>DENVER COLO CITY &amp; CNTY ARPT REV</name>
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          <isin value="US249182QD18"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DENVER COLO CITY &amp; CNTY ARPT REV</name>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DENVER COLO CONVENTION CTR HOTEL AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US249189DE80"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BK SPEARS/LIFERS SER DBE-7001 TR</name>
        <lei>N/A</lei>
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        <cusip>25160RKV4</cusip>
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          <isin value="US25160RKV41"/>
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        <curCd>USD</curCd>
        <valUSD>4800000.00000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA HSG FIN AGY MULTIFAMILY HSG MTG REV</name>
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        <cusip>25477TBB2</cusip>
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          <isin value="US25477TBB26"/>
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        <curCd>USD</curCd>
        <valUSD>3907419.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA WTR &amp; SWR AUTH PUB UTIL REV</name>
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        <cusip>254845UF5</cusip>
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          <isin value="US254845UF50"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>DURHAM N C HSG AUTH MULTIFAMILY HSG REV</name>
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        <title>DURHAM NC HSG AUTH MF HSG REVE DURHAM HOUSING AUTHORITY</title>
        <cusip>266785AU8</cusip>
        <identifiers>
          <isin value="US266785AU85"/>
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        <balance>3575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3645338.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>EAST CNTY ADVANCED WTR PURIFICATION JT PWRS AUTH CALIF REV</name>
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        <cusip>271843AB0</cusip>
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          <isin value="US271843AB05"/>
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        <curCd>USD</curCd>
        <valUSD>1311784.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ECTOR CNTY TEX INDPT SCH DIST</name>
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        <title>ECTOR CNTY TX INDEP SCH DIST ECTOR COUNTY INDEPENDENT SCHOOL DISTRICT</title>
        <cusip>279263SF5</cusip>
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          <isin value="US279263SF54"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1021985.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>EL PASO CNTY TEX CMNTY COLLEGE DIST REV</name>
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        <title>EL PASO CNTY TX CMNTY CLG DIST EL PASO COUNTY COMMUNITY COLLEGE DISTRICT</title>
        <cusip>283506LP6</cusip>
        <identifiers>
          <isin value="US283506LP66"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>924627.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</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>EL PASO TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>EL PASO TX INDEP SCH DIST EL PASO INDEPENDENT SCHOOL DISTRICT</title>
        <cusip>283770PC3</cusip>
        <identifiers>
          <isin value="US283770PC33"/>
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        <balance>1960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1964991.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</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>ELM RIV JT WTR RES DIST N D</name>
        <lei>N/A</lei>
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        <cusip>28932CAC1</cusip>
        <identifiers>
          <isin value="US28932CAC10"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>852803.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV</name>
        <lei>N/A</lei>
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        <cusip>292723BC6</cusip>
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          <isin value="US292723BC61"/>
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        <curCd>USD</curCd>
        <valUSD>258562.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FAIRFAX CNTY VA REDEV &amp; HSG AUTH MULTI-FAMILY HSG REV</name>
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          <isin value="US303833LG00"/>
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        <balance>50000.00000000</balance>
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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>
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        <name>FARMINGTON N MEX POLLUTN CTL REV</name>
        <lei>N/A</lei>
        <title>FARMINGTON NM POLL CONTROL REV CITY OF FARMINGTON NM</title>
        <cusip>311450GC8</cusip>
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          <isin value="US311450GC89"/>
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        <balance>1000000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV</name>
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          <isin value="US34074EAE95"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>FLA HSG FIN CORP MULTIFAMILY MTG REV</name>
        <lei>N/A</lei>
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          <isin value="US34074HGY27"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>FORT ATKINSON WIS</name>
        <lei>N/A</lei>
        <title>FORT ATKINSON WI CITY OF FORT ATKINSON WI</title>
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          <isin value="US346748QE91"/>
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        <balance>340000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FORT BEND CNTY TEX MUN UTIL DIST NO 162</name>
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          <isin value="US34682UNF02"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GRAND RIVER HOSP DIST COLO</name>
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        <name>GRANITE CITY ILL SOLID WASTE DISP REV</name>
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        <name>GREATER TEXOMA UTIL AUTH TEX CONTRACT REV</name>
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        <name>GUAM GOVT BUSINESS PRIVILEGE TAX REV</name>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WASTEWTR SYS REV</name>
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        <name>GUAM INTL ARPT AUTH REV</name>
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        <name>HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HARRIS-WALLER CNTY MUN UTIL DIST NO 4 TEX CONTRACT REV</name>
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        <cusip>41464CFF8</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HARRIS-WALLER CNTY MUN UTIL DIST NO 4 TEX CONTRACT REV</name>
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        <cusip>41464CEG7</cusip>
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          <isin value="US41464CEG78"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HARRIS-WALLER CNTY MUN UTIL DIST NO 4 TEX CONTRACT REV</name>
        <lei>N/A</lei>
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        <cusip>41464CEJ1</cusip>
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          <isin value="US41464CEJ18"/>
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        <curCd>USD</curCd>
        <valUSD>478802.59000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS-WALLER CNTY MUN UTIL DIST NO 4 TEX CONTRACT REV</name>
        <lei>N/A</lei>
        <title>HARRIS-WALLER CNTYS TX MUNI UT HARRIS-WALLER COUNTIES MUNICIPAL UTILITY DISTRICT</title>
        <cusip>41464CEH5</cusip>
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          <isin value="US41464CEH51"/>
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        <curCd>USD</curCd>
        <valUSD>448346.01000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS-WALLER CNTY MUN UTIL DIST NO 4 TEX CONTRACT REV</name>
        <lei>N/A</lei>
        <title>HARRIS-WALLER CNTYS TX MUNI UT HARRIS-WALLER COUNTIES MUNICIPAL UTILITY DISTRICT</title>
        <cusip>41464CEF9</cusip>
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          <isin value="US41464CEF95"/>
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        <valUSD>382103.46000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS-WALLER CNTY MUN UTIL DIST NO 4 TEX CONTRACT REV</name>
        <lei>N/A</lei>
        <title>HARRIS-WALLER CNTYS TX MUNI UT HARRIS-WALLER COUNTIES MUNICIPAL UTILITY DISTRICT</title>
        <cusip>41464CDH6</cusip>
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          <isin value="US41464CDH60"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>453568.09000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>HARRIS-WALLER CNTY MUN UTIL DIST NO 4 TEX CONTRACT REV</name>
        <lei>N/A</lei>
        <title>HARRIS-WALLER CNTYS TX MUNI UT HARRIS-WALLER COUNTIES MUNICIPAL UTILITY DISTRICT</title>
        <cusip>41464CDE3</cusip>
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          <isin value="US41464CDE30"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236724.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>HARRISONBURG VA REDEV &amp; HSG AUTH MULTI-FAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>HARRISONBURG VA REDEV &amp; HSG AU HARRISONBURG REDEVELOPMENT &amp; HOUSING AUTHORITY</title>
        <cusip>415690NW2</cusip>
        <identifiers>
          <isin value="US415690NW28"/>
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        <balance>1650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1667945.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>HAYS TEX CONS INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>HAYS TX CONSOL INDEP SCH DIST HAYS CONSOLIDATED INDEPENDENT SCHOOL DISTRICT</title>
        <cusip>421111AD7</cusip>
        <identifiers>
          <isin value="US421111AD74"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>809495.25000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>HIGHWAY 380 MUN MGMT DIST NO 1 TEX</name>
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        <cusip>43124ARE0</cusip>
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          <isin value="US43124ARE00"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>HIGHWAY 380 MUN MGMT DIST NO 1 TEX</name>
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        <name>HIGHWAY 380 MUN MGMT DIST NO 1 TEX</name>
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          <isin value="US43124ARC44"/>
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        <name>HOMER N Y CENT SCH DIST</name>
        <lei>N/A</lei>
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        <cusip>437560GM1</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>HOPEWELL VALLEY N J REGL SCH DIST</name>
        <lei>N/A</lei>
        <title>HOPEWELL VLY NJ REGL SCH DIST HOPEWELL VALLEY REGIONAL SCHOOL DISTRICT</title>
        <cusip>439686LU8</cusip>
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          <isin value="US439686LU85"/>
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        <balance>3925000.00000000</balance>
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        <valUSD>3556295.71000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-01</maturityDt>
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          <annualizedRt>1.50000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>HOUSTON TEX HOTEL OCCUPANCY TAX &amp; SPL REV</name>
        <lei>N/A</lei>
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        <cusip>44237NGT3</cusip>
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          <isin value="US44237NGT37"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1001989.70000000</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>2030-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>INDIANA ST HSG &amp; CMNTY DEV AUTH MULTIFAMILY HSG REV</name>
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          <isin value="US45506CBY21"/>
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        <name>INDIANA MUN PWR AGY PWR SUPPLY SYS REV</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK LOC INCOME TAX REV</name>
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          <isin value="US45527CDH25"/>
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        <valUSD>485506.53000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>INDIANAPOLIS IND LOC PUB IMPT BD BK LOC INCOME TAX REV</name>
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          <isin value="US45527CDC38"/>
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        <valUSD>605974.14000000</valUSD>
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        <name>IOWA FIN AUTH HEALTH FACS REV</name>
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        <title>IOWA ST FIN AUTH HLTH FACS REV IOWA FINANCE AUTHORITY</title>
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        <name>IOWA FIN AUTH SINGLE FAMILY MTG REV</name>
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        <name>ISLE WIGHT CNTY VA ECONOMIC DEV AUTH HEALTH SYS REV</name>
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        <name>ISLE WIGHT CNTY VA ECONOMIC DEV AUTH HEALTH SYS REV</name>
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        <name>JEFFERSON CNTY COLO SCH DIST NO R-001</name>
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        <name>JEFFERSON CNTY ILL HIGH SCH DIST NO 201 MT VERNON TWP</name>
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        <name>JOHNSON CITY TENN HEALTH &amp; EDL FACS BRD HOSP REV</name>
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        <name>JOHNSON CITY TENN HEALTH &amp; EDL FACS BRD HOSP REV</name>
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        <name>KATY TEX INDPT SCH DIST</name>
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        <name>KAUFMAN CNTY TEX MUN UTIL DIST NO 5</name>
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        <name>KENTUCKY HSG CORP MULTIFAMILY HSG REV</name>
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        <name>KENTUCKY INTERLOCAL SCH TRANSN ASSN EQUIP LEASE REV CTFS PARTN</name>
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        <name>KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV</name>
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        <name>LEHIGH CNTY PA INDL DEV AUTH POLLUTN CTL REV</name>
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        <name>LOUISA VA INDL DEV AUTH POLLUTN CTL REV</name>
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        <name>LYCOMING CNTY PA AUTH REV</name>
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        <name>MAIN STR NAT GAS INC GA GAS SUPPLY REV</name>
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        <name>MASSACHUSETTS EDL FING AUTH ED LN REV</name>
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        <name>MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS</name>
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        <name>MCINTOSH CNTY OKLA EDL FACS AUTH EDL FACS LEASE REV</name>
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        <name>METROPOLITAN GOVT NASHVILLE &amp; DAVIDSON CNTY TENN HEALTH &amp; EDL FACS BRD MULTIFAMILY REV</name>
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        <name>METROPOLITAN PIER &amp; EXPOSITION AUTH ILL REV</name>
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        <name>METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV</name>
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        <cusip>592647MM0</cusip>
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        <name>METROWEST REGL TRAN AUTH MASS</name>
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        <name>MIAMI-DADE CNTY FLA HSG FIN AUTH MULTIFAMILY HSG REV</name>
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        <name>MICHIGAN ST HSG DEV AUTH MULTI-FAMILY REV</name>
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        <name>NATIONAL FIN AUTH N H POLLUTION CTL REV</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP TEX RETIREMENT FAC REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW JERSEY ECONOMIC DEV AUTH ST LEASE REV</name>
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        <name>NEW YORK ST HSG FIN AGY REV</name>
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        <name>NEW YORK ST HSG FIN AGY ST PERSONAL INCOME TAX REV</name>
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          <isin value="US649870NF58"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-15</maturityDt>
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        <name>NEW YORK TRANSN DEV CORP SPL FAC REV</name>
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          <isin value="US650116FA97"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK TRANSN DEV CORP SPL FAC REV</name>
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          <isin value="US650116EF93"/>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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        <lei>N/A</lei>
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        <name>NIAGARA N Y FRONTIER TRANSN AUTH ARPT REV</name>
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        <name>NICOLLET MINN INDPT SCH DIST NO 507</name>
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        <name>NORTHSIDE TEX INDPT SCH DIST</name>
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      <invstOrSec>
        <name>NORWALK CONN HSG AUTH MULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV</name>
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          <isin value="US664840AF26"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>OGDEN CITY UTAH SCH DIST</name>
        <lei>N/A</lei>
        <title>OGDEN CITY UT SCH DIST OGDEN CITY SCHOOL DISTRICT</title>
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          <isin value="US676295GH55"/>
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        <curCd>USD</curCd>
        <valUSD>1260102.88000000</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>OHIO ST AIR QUALITY DEV AUTH REV</name>
        <lei>N/A</lei>
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        <cusip>677525WV5</cusip>
        <identifiers>
          <isin value="US677525WV57"/>
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        <valUSD>1524525.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>OHIO ST HIGHER EDL FAC COMMN  REV</name>
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        <cusip>67756DQ82</cusip>
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          <isin value="US67756DQ825"/>
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        <balance>700000.00000000</balance>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>OHIO ST HIGHER EDL FAC COMMN  REV</name>
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        <cusip>67756DR24</cusip>
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          <isin value="US67756DR245"/>
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        <curCd>USD</curCd>
        <valUSD>578266.13000000</valUSD>
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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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>OHIO ST HIGHER EDL FAC COMMN  REV</name>
        <lei>N/A</lei>
        <title>OHIO ST HGR EDUCTNL FAC COMMIS OHIO HIGHER EDUCATIONAL FACILITY COMMISSION</title>
        <cusip>67756DQ66</cusip>
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          <isin value="US67756DQ668"/>
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        <balance>525000.00000000</balance>
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        <valUSD>526671.44000000</valUSD>
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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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>OHIO ST HOSP REV</name>
        <lei>N/A</lei>
        <title>OHIO ST HOSP REVENUE STATE OF OHIO</title>
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          <isin value="US67756CGJ18"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2086835.00000000</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>OHIO ST HOSP REV</name>
        <lei>N/A</lei>
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        <cusip>67756CCC0</cusip>
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          <isin value="US67756CCC01"/>
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        <valUSD>2000000.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>OHIO HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>OKLAHOMA CNTY OKLA FIN AUTH EDL FACS LEASE REV</name>
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        <name>OKLAHOMA DEV FIN AUTH HEALTH SYS REV</name>
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        <name>OREGON ST BUSINESS DEV COMMN REV</name>
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        <name>PASCO CNTY FLA CAP IMPT CIG TAX ALLOCATION</name>
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        <name>PENNSYLVANIA ECONOMIC DEV FING AUTH REV</name>
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        <name>PENNSYLVANIA ST HIGHER EDL FACS AUTH REV</name>
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        <name>PENNSYLVANIA HSG FIN AGY MULTIFAMILY HSG REV</name>
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        <name>PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV</name>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PHOENIX ARIZ INDL DEV AUTH SOLID WASTE DISP REV</name>
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        <name>PITTSBURG CALIF REDEV AGY TAX ALLOC</name>
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        <name>PLAINVIEW TEX INDPT SCH DIST</name>
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        <name>PORT PORTLAND ORE ARPT REV</name>
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        <name>PROVIDENCE R I PUB BLDGS AUTH REV</name>
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        <name>RIO CALIF ELEM SCH DIST</name>
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        <name>ROSEVILLE MINN INDPT SCH DIST NO 623 CTFS PARTN</name>
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        <name>ROUND ROCK TEX INDPT SCH DIST</name>
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        <name>RURAL WTR FING AGY KY PUB PROJS REV</name>
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        <name>RUTHERFORD CNTY TENN HEALTH &amp; EDL FACS BRD REV</name>
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        <name>SOUTHEAST ALA GAS SUPPLY DIST GAS SUPPLY REV</name>
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        <name>ST PAUL MINN HSG &amp; REDEV AUTH HEALTH CARE REV</name>
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        <name>SALEM-KEIZER ORE SCH DIST NO 24J</name>
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        <name>SALES TAX SECURITIZATION CORP ILL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SALT LAKE CITY UTAH ARPT REV</name>
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        <name>SALT VERDE FINL CORP GAS REV  ARIZ</name>
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        <name>SAN ANTONIO TEX ELEC &amp; GAS REV</name>
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        <name>SAN ANTONIO TEX ELEC &amp; GAS REV</name>
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        <name>SAN ANTONIO TEX WTR REV</name>
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        <name>SAN MATEO CNTY CALIF CMNTY COLLEGE DIST</name>
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        <name>SANTA FE CNTY N MEX MULTIFAMILY REV</name>
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        <name>SAVANNAH GA HSG AUTH MULTI FAMILY HSG REV</name>
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        <name>SHELBY CNTY TENN HEALTH EDL &amp; HSG FACS BRD REV</name>
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        <name>SHREVEPORT LA WTR &amp; SWR REV</name>
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        <name>SKAGIT CNTY WASH PUB HOSP DIST NO 001 REV</name>
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        <title>SKAGIT CNTY WA PUBLIC HOSP DIS SKAGIT COUNTY PUBLIC HOSPITAL DISTRICT NO 1</title>
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        <name>SLINGER WIS REDEV AUTH REDEV LEASE REV</name>
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        <name>SOUTH CAROLINA ST PUB SVC AUTH REV</name>
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        <name>SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV</name>
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        <name>SPRINGDALE ARK WTR &amp; SWR REV</name>
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        <name>STATE PUB SCH BLDG AUTH PA LEASE REV</name>
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      </invstOrSec>
      <invstOrSec>
        <name>SUBLETTE CNTY WYO HOSP DIST REV</name>
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          <isin value="US86428TAA79"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV</name>
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          <isin value="US87638QTP45"/>
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        <curCd>USD</curCd>
        <valUSD>2234221.60000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV</name>
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          <isin value="US87638QSF71"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TARRANT CNTY TEX HSG FIN CORP REV</name>
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          <isin value="US876394UP04"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5575914.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TENDER OPT BD TR RCPTS / CTFS VAR STS</name>
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        <title>TENDER OPTION BOND TRUST RECEI TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
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          <isin value="US88035JNX62"/>
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        <curCd>USD</curCd>
        <valUSD>500000.00000000</valUSD>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>TENNERGY CORP TENN GAS REV</name>
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        <title>TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN</title>
        <cusip>880397CF9</cusip>
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          <isin value="US880397CF98"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TENNERGY CORP TENN GAS REV</name>
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        <title>TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN</title>
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          <isin value="US880397CH54"/>
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        <curCd>USD</curCd>
        <valUSD>881522.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TENNERGY CORP TENN GAS REV</name>
        <lei>N/A</lei>
        <title>TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN</title>
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          <isin value="US880397CB84"/>
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        <curCd>USD</curCd>
        <valUSD>780484.58000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>TENNERGY CORP TENN GAS REV</name>
        <lei>N/A</lei>
        <title>TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN</title>
        <cusip>880397CJ1</cusip>
        <identifiers>
          <isin value="US880397CJ11"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8052011.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TENNERGY CORP TENN GAS REV</name>
        <lei>N/A</lei>
        <title>TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN</title>
        <cusip>880397CA0</cusip>
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          <isin value="US880397CA02"/>
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        <curCd>USD</curCd>
        <valUSD>711500.65000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>TENNERGY CORP TENN GAS REV</name>
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        <title>TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN</title>
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          <isin value="US880397CG71"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TENNESSEE ENERGY ACQUISITION CORP GAS REV</name>
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          <isin value="US880443JP28"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TEXAS ST AFFORDABLE HSG CORP MULTIFAMILY HSG REV</name>
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        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS MULTIFAMILY HSG REV</name>
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        <title>TEXAS ST DEPT OF HSG &amp; CMNTY A TEXAS DEPARTMENT OF HOUSING &amp; COMMUNITY AFFAIRS</title>
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          <isin value="US88275AET34"/>
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        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS MULTIFAMILY HSG REV</name>
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        <title>TEXAS ST DEPT OF HSG &amp; CMNTY A TEXAS DEPARTMENT OF HOUSING &amp; COMMUNITY AFFAIRS</title>
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          <isin value="US88275AEU07"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>TEXAS MUN GAS ACQUISITION &amp; SUPPLY CORP V GAS SUPPLY REV</name>
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          <isin value="US88256RAB24"/>
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        <valUSD>763116.83000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TEXAS MUN GAS ACQUISITION &amp; SUPPLY CORP I GAS SUPPLY REV</name>
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          <isin value="US88256CAW91"/>
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        <valUSD>345035.16000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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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>TEXAS MUN GAS ACQUISITION &amp; SUPPLY CORP II GAS SUPPLY REV</name>
        <lei>N/A</lei>
        <title>TEXAS ST MUNI GAS ACQUISITION TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORP II</title>
        <cusip>88255QBH1</cusip>
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          <isin value="US88255QBH11"/>
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        <curCd>USD</curCd>
        <valUSD>2154245.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.31999985</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>TEXAS MUN GAS ACQUISITION &amp; SUPPLY CORP IV GAS SUPPLY REV</name>
        <lei>N/A</lei>
        <title>TEXAS ST MUNI GAS ACQUISITION&amp; TEXAS MUNICIPAL GAS ACQUISITION &amp; SUPPLY CORP IV</title>
        <cusip>88256PAG5</cusip>
        <identifiers>
          <isin value="US88256PAG54"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2151655.20000000</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>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS MUN GAS ACQUISITION &amp; SUPPLY CORP IV GAS SUPPLY REV</name>
        <lei>N/A</lei>
        <title>TEXAS ST MUNI GAS ACQUISITION&amp; TEXAS MUNICIPAL GAS ACQUISITION &amp; SUPPLY CORP IV</title>
        <cusip>88256PAD2</cusip>
        <identifiers>
          <isin value="US88256PAD24"/>
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        <balance>3185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3317434.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>TEXAS TRANSN COMMN CENT TEX TPK SYS REV</name>
        <lei>N/A</lei>
        <title>TEXAS ST TRANSPRTN COMMISSION CENTRAL TEXAS TURNPIKE SYSTEM</title>
        <cusip>88283KBQ0</cusip>
        <identifiers>
          <isin value="US88283KBQ04"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3276909.90000000</valUSD>
        <pctVal>0.442985759196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</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>THF PUB FAC CORP TEX MULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>THF PUBLIC FAC CORP MF HSG REV THF PUBLIC FACILITY CORP</title>
        <cusip>883720AE4</cusip>
        <identifiers>
          <isin value="US883720AE44"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1014462.70000000</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>2044-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.29424480</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>THORNTON COLO DEV AUTH TAX INCREMENT</name>
        <lei>N/A</lei>
        <title>THORNTON CO DEV AUTH TAX INCR THORNTON DEVELOPMENT AUTHORITY</title>
        <cusip>885277EX7</cusip>
        <identifiers>
          <isin value="US885277EX72"/>
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        <balance>1260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1337859.18000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>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>
      <invstOrSec>
        <name>TOPEKA KANS</name>
        <lei>N/A</lei>
        <title>TOPEKA KS CITY OF TOPEKA KS</title>
        <cusip>890569BS4</cusip>
        <identifiers>
          <isin value="US890569BS46"/>
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        <balance>2600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2607220.46000000</valUSD>
        <pctVal>0.352454467810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>TRIBOROUGH BRDG &amp; TUNL AUTH N Y PAYROLL MOBILITY TAX</name>
        <lei>N/A</lei>
        <title>TRIBOROUGH NY BRIDGE &amp; TUNNEL TRIBOROUGH BRIDGE &amp; TUNNEL AUTHORITY</title>
        <cusip>89602HAV9</cusip>
        <identifiers>
          <isin value="US89602HAV96"/>
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        <balance>1645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1653616.02000000</valUSD>
        <pctVal>0.223542413552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>TRIMBLE CNTY KY ENVIRONMENTAL FACS REV</name>
        <lei>N/A</lei>
        <title>TRIMBLE CNTY KY ENVRNMNTL FACS COUNTY OF TRIMBLE KY</title>
        <cusip>896221AF5</cusip>
        <identifiers>
          <isin value="US896221AF56"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>762713.48000000</valUSD>
        <pctVal>0.103106652394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>
        <name>TRIMBLE CNTY KY ENVIRONMENTAL FACS REV</name>
        <lei>N/A</lei>
        <title>TRIMBLE CNTY KY ENVRNMNTL FACS COUNTY OF TRIMBLE KY</title>
        <cusip>896221AE8</cusip>
        <identifiers>
          <isin value="US896221AE81"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>757746.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TULSA CNTY OKLA INDL AUTH EDL FACS LEASE REV</name>
        <lei>N/A</lei>
        <title>TULSA CNTY OK INDL AUTH EDUCTN TULSA COUNTY INDUSTRIAL AUTHORITY</title>
        <cusip>89952PHG3</cusip>
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          <isin value="US89952PHG37"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>412348.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TULSA CNTY OKLA INDL AUTH EDL FACS LEASE REV</name>
        <lei>N/A</lei>
        <title>TULSA CNTY OK INDL AUTH EDUCTN TULSA COUNTY INDUSTRIAL AUTHORITY</title>
        <cusip>89952PHF5</cusip>
        <identifiers>
          <isin value="US89952PHF53"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>378193.52000000</valUSD>
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        <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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TULSA CNTY OKLA INDL AUTH EDL FACS LEASE REV</name>
        <lei>N/A</lei>
        <title>TULSA CNTY OK INDL AUTH EDUCTN TULSA COUNTY INDUSTRIAL AUTHORITY</title>
        <cusip>89952PHX6</cusip>
        <identifiers>
          <isin value="US89952PHX69"/>
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        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>570194.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</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>
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      <invstOrSec>
        <name>TULSA OKLA</name>
        <lei>N/A</lei>
        <title>TULSA OK CITY OF TULSA OK</title>
        <cusip>899645F42</cusip>
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          <isin value="US899645F424"/>
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        <balance>5735000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5621803.14000000</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>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>UNIVERSITY ILL UNIV REVS</name>
        <lei>N/A</lei>
        <title>UNIV OF ILLINOIS IL REVENUES BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS/TH</title>
        <cusip>9143536X0</cusip>
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          <isin value="US9143536X01"/>
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        <balance>375000.00000000</balance>
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        <valUSD>391603.80000000</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>
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        <name>UNIVERSITY ILL UNIV REVS</name>
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          <isin value="US9143536Y83"/>
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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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        <name>UNIVERSITY LOUISVILLE KY REVS</name>
        <lei>N/A</lei>
        <title>UNIV OF LOUISVILLE KY UNIVERSITY OF LOUISVILLE</title>
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        <identifiers>
          <isin value="US914391R330"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <name>WEST MEMPHIS ARK SALES &amp; USE TAX</name>
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          <isin value="US956629AK59"/>
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        <name>WESTFIELD IND REDEV AUTH LOC INCOME TAX LEASE RENT REV</name>
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        <name>WESTFIELD-WASHINGTON IND MULTI-SCH BLDG CORP</name>
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        <name>WETHERSFIELD CONN</name>
        <lei>N/A</lei>
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        <name>WICHITA KANS MULTIFAMILY HSG REV</name>
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        <name>WISCONSIN ST HEALTH &amp; EDL FACS AUTH REV</name>
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    <signature>
      <ncom:dateSigned>2026-02-28</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>
</edgarSubmission>
