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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
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          <isin value="US13013JFR23"/>
          <ticker value="CCEDEV"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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          <isin value="US13013JFW18"/>
          <ticker value="CCEDEV"/>
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        <curCd>USD</curCd>
        <valUSD>6078709.7900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
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          <isin value="US13013JHD19"/>
          <ticker value="CCEDEV"/>
          <other otherDesc="SEDOL" value="BRJK388"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 10/01/2056</title>
        <cusip>13013JHG4</cusip>
        <identifiers>
          <isin value="US13013JHG40"/>
          <ticker value="CCEDEV"/>
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        <balance>8650000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9696201.0700000000</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>2056-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 11/01/2033</title>
        <cusip>13013JHH2</cusip>
        <identifiers>
          <isin value="US13013JHH23"/>
          <ticker value="CCEDEV"/>
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        <balance>20000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22150888.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 04/01/2056</title>
        <cusip>13013JHK5</cusip>
        <identifiers>
          <isin value="US13013JHK51"/>
          <ticker value="CCEDEV"/>
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        <balance>4000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4442714.4000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ALAMEDA CNTY TOBACCO SEC</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 0.00% 06/01/2050</title>
        <cusip>13016NCH5</cusip>
        <identifiers>
          <isin value="US13016NCH52"/>
          <ticker value="CASGEN"/>
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        <balance>22520000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5171837.3600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>LOS ANGELES CNTY SECURITI</name>
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          <isin value="US13016NEZ33"/>
          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LOS ANGELES CNTY SECURITI</name>
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        <cusip>13016NFB5</cusip>
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          <isin value="US13016NFB55"/>
          <ticker value="CASGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOS ANGELES CNTY SECURITI</name>
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          <isin value="US13016NFC39"/>
          <ticker value="CASGEN"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>SANTA CLARA UNIVERSITY</name>
        <lei>N/A</lei>
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          <isin value="US130179WD25"/>
          <ticker value="CASEDU"/>
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      <invstOrSec>
        <name>SANTA CLARA UNIVERSITY</name>
        <lei>N/A</lei>
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          <isin value="US130179WE08"/>
          <ticker value="CASEDU"/>
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      <invstOrSec>
        <name>UNIVERSITY OF THE PACIFIC</name>
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          <isin value="US130179XP46"/>
          <ticker value="CASEDU"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>California Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 10/01/2055</title>
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          <isin value="US130179YE89"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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          <isin value="US13032U3Y20"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CEDARS-SINAI MED CTR OBLG</name>
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          <isin value="US13032UB236"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SCRIPPS HLTH OBLIG GRP</name>
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        <title>California Health Facilities Financing Authority 5.00% 11/15/2043</title>
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          <isin value="US13032UN538"/>
          <ticker value="CASMED"/>
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        <curCd>USD</curCd>
        <valUSD>5582895.5000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SCRIPPS HLTH OBLIG GRP</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 11/15/2044</title>
        <cusip>13032UN61</cusip>
        <identifiers>
          <isin value="US13032UN611"/>
          <ticker value="CASMED"/>
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        <balance>950000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1051138.8100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2044</title>
        <cusip>13048V2S6</cusip>
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          <isin value="US13048V2S64"/>
          <ticker value="CASFIN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1236138.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2049</title>
        <cusip>13048V2T4</cusip>
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          <isin value="US13048V2T48"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1336904.9200000000</valUSD>
        <pctVal>0.0816088851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2054</title>
        <cusip>13048V2U1</cusip>
        <identifiers>
          <isin value="US13048V2U11"/>
          <ticker value="CASFIN"/>
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        <balance>1540000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1568512.3300000000</valUSD>
        <pctVal>0.0957469306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 11/01/2045</title>
        <cusip>13048V3F3</cusip>
        <identifiers>
          <isin value="US13048V3F35"/>
          <ticker value="CASFIN"/>
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        <balance>775000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>804833.1600000000</valUSD>
        <pctVal>0.0491295498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.63% 11/01/2054</title>
        <cusip>13048V3G1</cusip>
        <identifiers>
          <isin value="US13048V3G18"/>
          <ticker value="CASFIN"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513442.3500000000</valUSD>
        <pctVal>0.0313421375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUMANGOOD CA OBLIG GROUP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 10/01/2044</title>
        <cusip>13048V3X4</cusip>
        <identifiers>
          <isin value="US13048V3X41"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1059822.4000000000</valUSD>
        <pctVal>0.0646948958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUMANGOOD CA OBLIG GROUP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 10/01/2045</title>
        <cusip>13048V3Y2</cusip>
        <identifiers>
          <isin value="US13048V3Y24"/>
          <ticker value="CASFIN"/>
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        <balance>1120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1177297.9700000000</valUSD>
        <pctVal>0.0718659744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>CMNTY HLTH CTRS CTL COAST</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.75% 12/01/2055</title>
        <cusip>13048V4L9</cusip>
        <identifiers>
          <isin value="US13048V4L93"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1058153.5000000000</valUSD>
        <pctVal>0.0645930209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GRACELIGHT CMNTY HLTH OBL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 06/01/2056</title>
        <cusip>13048V5D6</cusip>
        <identifiers>
          <isin value="US13048V5D68"/>
          <ticker value="CASFIN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1995453.8400000000</valUSD>
        <pctVal>0.1218087844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SAMUEL MERRITT UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 06/01/2053</title>
        <cusip>13048VF37</cusip>
        <identifiers>
          <isin value="US13048VF371"/>
          <ticker value="CASFIN"/>
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        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4195966.4000000000</valUSD>
        <pctVal>0.2561349987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WILLIAM JESSUP UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2048</title>
        <cusip>13048VJF6</cusip>
        <identifiers>
          <isin value="US13048VJF67"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>5657914.6700000000</valUSD>
        <pctVal>0.3453769236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTER'S UNIV &amp; SEMINARY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2039</title>
        <cusip>13048VMW5</cusip>
        <identifiers>
          <isin value="US13048VMW53"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1677166.6600000000</valUSD>
        <pctVal>0.1023795330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTER'S UNIV &amp; SEMINARY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2048</title>
        <cusip>13048VMX3</cusip>
        <identifiers>
          <isin value="US13048VMX37"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>979334.6000000000</valUSD>
        <pctVal>0.0597816671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HEALTHRIGHT 360</name>
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          <isin value="US13048VMY10"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1190720.2200000000</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>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>HEALTHRIGHT 360</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/01/2039</title>
        <cusip>13048VMZ8</cusip>
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          <isin value="US13048VMZ84"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>3624982.0100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>HEALTHRIGHT 360</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/01/2049</title>
        <cusip>13048VNA2</cusip>
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          <isin value="US13048VNA25"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>4306474.6000000000</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>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>CLINICAS DEL CAMINO REAL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048VNU8</cusip>
        <identifiers>
          <isin value="US13048VNU88"/>
          <ticker value="CASFIN"/>
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        <balance>6535000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5462423.5200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>CLAREMONT GRADUATE UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2049</title>
        <cusip>13048VPX0</cusip>
        <identifiers>
          <isin value="US13048VPX00"/>
          <ticker value="CASFIN"/>
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        <balance>2145000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2032154.5500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CLAREMONT GRADUATE UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2054</title>
        <cusip>13048VPY8</cusip>
        <identifiers>
          <isin value="US13048VPY82"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1739903.2500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alameda Community Facilities District</name>
        <lei>N/A</lei>
        <title>Alameda Community Facilities District 5.00% 09/01/2053</title>
        <cusip>010780DF8</cusip>
        <identifiers>
          <isin value="US010780DF88"/>
          <ticker value="ALAFAC"/>
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        <balance>1175000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1192461.6800000000</valUSD>
        <pctVal>0.0727916150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
        <title>Alameda Corridor Transportation Authority 5.00% 10/01/2036</title>
        <cusip>010869HA6</cusip>
        <identifiers>
          <isin value="US010869HA67"/>
          <ticker value="ALATRN"/>
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        <balance>2700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2730862.3500000000</valUSD>
        <pctVal>0.1667004351</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
        <title>Alameda Corridor Transportation Authority 0.00% 10/01/2052</title>
        <cusip>010869JU0</cusip>
        <identifiers>
          <isin value="US010869JU04"/>
          <ticker value="ALATRN"/>
          <other otherDesc="SEDOL" value="BPJQ296"/>
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        <balance>12000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7135112.4000000000</valUSD>
        <pctVal>0.4355497235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alameda County Fire Department</name>
        <lei>N/A</lei>
        <title>Alameda County Fire Department 5.25% 06/01/2055</title>
        <cusip>010892AM9</cusip>
        <identifiers>
          <isin value="US010892AM95"/>
          <ticker value="ACFFAC"/>
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        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2727661.0000000000</valUSD>
        <pctVal>0.1665050146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANTELOPE VLY HLTHCR DT OB</name>
        <lei>549300PLE0IY3UJZHY85</lei>
        <title>Antelope Valley Healthcare District 5.00% 03/01/2046</title>
        <cusip>036680BZ8</cusip>
        <identifiers>
          <isin value="US036680BZ82"/>
          <ticker value="ANVMED"/>
          <other otherDesc="SEDOL" value="BGMJ965"/>
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        <curCd>USD</curCd>
        <valUSD>4652202.0000000000</valUSD>
        <pctVal>0.2839850561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 0.40% 04/01/2055</title>
        <cusip>072024YE6</cusip>
        <identifiers>
          <isin value="US072024YE64"/>
          <ticker value="BAYTRN"/>
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        <balance>1650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1650000.0000000000</valUSD>
        <pctVal>0.1007211945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 4.13% 04/01/2054</title>
        <cusip>072024YW6</cusip>
        <identifiers>
          <isin value="US072024YW62"/>
          <ticker value="BAYTRN"/>
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        <balance>3750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3700815.3800000000</valUSD>
        <pctVal>0.2259094216</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 0.40% 04/01/2059</title>
        <cusip>072024YY2</cusip>
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          <isin value="US072024YY29"/>
          <ticker value="BAYTRN"/>
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        <curCd>USD</curCd>
        <valUSD>6385000.0000000000</valUSD>
        <pctVal>0.3897605011</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
          <annualizedRt>0.400000000000000</annualizedRt>
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      <invstOrSec>
        <name>City of Beaumont CA</name>
        <lei>N/A</lei>
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          <isin value="US074433AW38"/>
          <ticker value="BEAFAC"/>
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        <curCd>USD</curCd>
        <valUSD>1639731.0800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Beaumont CA</name>
        <lei>N/A</lei>
        <title>City of Beaumont CA 4.00% 09/01/2045</title>
        <cusip>074433HC0</cusip>
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          <isin value="US074433HC01"/>
          <ticker value="BEAFAC"/>
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        <curCd>USD</curCd>
        <valUSD>1398404.3600000000</valUSD>
        <pctVal>0.0853630046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Beaumont CA</name>
        <lei>N/A</lei>
        <title>City of Beaumont CA 4.00% 09/01/2050</title>
        <cusip>074433HD8</cusip>
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          <isin value="US074433HD83"/>
          <ticker value="BEAFAC"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
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          <isin value="US126292AA99"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
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          <isin value="US126292AM38"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>576916.4200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
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          <isin value="US75211RRT67"/>
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        <curCd>USD</curCd>
        <valUSD>760069.7300000000</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>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
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          <isin value="US75211RRU31"/>
          <ticker value="RCRFAC"/>
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        <curCd>USD</curCd>
        <valUSD>708463.3500000000</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>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
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          <isin value="US75211RSG38"/>
          <ticker value="RCRFAC"/>
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        <curCd>USD</curCd>
        <valUSD>861829.8800000000</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>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
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          <isin value="US75211RSH11"/>
          <ticker value="RCRFAC"/>
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        <curCd>USD</curCd>
        <valUSD>1094947.2800000000</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>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA 5.00% 09/01/2051</title>
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          <isin value="US75211RSN88"/>
          <ticker value="RCRFAC"/>
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        <curCd>USD</curCd>
        <valUSD>670993.0700000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA 5.00% 09/01/2055</title>
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          <isin value="US75211RSP37"/>
          <ticker value="RCRFAC"/>
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        <curCd>USD</curCd>
        <valUSD>642216.5700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA 5.00% 09/01/2046</title>
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          <isin value="US75211RTB32"/>
          <ticker value="RCRFAC"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA 5.00% 09/01/2051</title>
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          <isin value="US75211RTC15"/>
          <ticker value="RCRFAC"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Rancho Cordova CA</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA 5.00% 09/01/2055</title>
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          <ticker value="RCRFAC"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Redwood City Redevelopment Agency Successor Agency</name>
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          <ticker value="RWCDEV"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Rialto CA</name>
        <lei>N/A</lei>
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          <ticker value="RIAGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <name>CATALYST IMPACT FUND I</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <lei>5493000UQOV6R4ZWS346</lei>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE IGNATIAN CORPORATION</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2054</title>
        <cusip>13048VV39</cusip>
        <identifiers>
          <isin value="US13048VV394"/>
          <ticker value="CASFIN"/>
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        <balance>2250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2365229.9300000000</valUSD>
        <pctVal>0.1443810811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CMNTY HLTH CTRS CTL COAST</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 12/01/2054</title>
        <cusip>13048VVB1</cusip>
        <identifiers>
          <isin value="US13048VVB16"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>5125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5136439.5100000000</valUSD>
        <pctVal>0.3135444381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Territory of Guam</name>
        <lei>N/A</lei>
        <title>Territory of Guam 5.00% 01/01/2035</title>
        <cusip>40065NDB0</cusip>
        <identifiers>
          <isin value="US40065NDB01"/>
          <ticker value="GMSGEN"/>
        </identifiers>
        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1367951.7600000000</valUSD>
        <pctVal>0.0835040820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/01/2046</title>
        <cusip>13048TG23</cusip>
        <identifiers>
          <isin value="US13048TG233"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>8325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8286740.8000000000</valUSD>
        <pctVal>0.5058487466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>AZUSA PACIFIC UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2041</title>
        <cusip>13048TTS2</cusip>
        <identifiers>
          <isin value="US13048TTS23"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>492776.0500000000</valUSD>
        <pctVal>0.0300806014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.50% 11/01/2045</title>
        <cusip>13048TWM1</cusip>
        <identifiers>
          <isin value="US13048TWM16"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4000888.0000000000</valUSD>
        <pctVal>0.2442267990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</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>CREATIVE CTR OF LOS ALTOS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 11/01/2026</title>
        <cusip>13048TZZ9</cusip>
        <identifiers>
          <isin value="US13048TZZ91"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100349.9500000000</valUSD>
        <pctVal>0.0061256769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2037</title>
        <cusip>13058TGD6</cusip>
        <identifiers>
          <isin value="US13058TGD63"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1809220.6800000000</valUSD>
        <pctVal>0.1104405261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2047</title>
        <cusip>13058TGE4</cusip>
        <identifiers>
          <isin value="US13058TGE47"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>3130000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2971027.9300000000</valUSD>
        <pctVal>0.1813608982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDNOVATE OBLIGATED GROUP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2030</title>
        <cusip>13058TGN4</cusip>
        <identifiers>
          <isin value="US13058TGN46"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>805000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>815868.3900000000</valUSD>
        <pctVal>0.0498031750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hastings Campus Housing Finance Authority</name>
        <lei>N/A</lei>
        <title>Hastings Campus Housing Finance Authority 5.00% 07/01/2045</title>
        <cusip>418338AA7</cusip>
        <identifiers>
          <isin value="US418338AA70"/>
          <ticker value="HCHGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>991748.0000000000</valUSD>
        <pctVal>0.0605394201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hastings Campus Housing Finance Authority</name>
        <lei>N/A</lei>
        <title>Hastings Campus Housing Finance Authority 5.00% 07/01/2061</title>
        <cusip>418338AB5</cusip>
        <identifiers>
          <isin value="US418338AB53"/>
          <ticker value="HCHGEN"/>
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        <balance>7135000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6611965.2600000000</valUSD>
        <pctVal>0.4036151751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDNOVATE OBLIGATED GROUP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2037</title>
        <cusip>13058TGP9</cusip>
        <identifiers>
          <isin value="US13058TGP93"/>
          <ticker value="CASSCD"/>
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        <balance>430000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431529.8500000000</valUSD>
        <pctVal>0.0263419406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EDNOVATE OBLIGATED GROUP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2048</title>
        <cusip>13058TGQ7</cusip>
        <identifiers>
          <isin value="US13058TGQ76"/>
          <ticker value="CASSCD"/>
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        <balance>2100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1941331.7700000000</valUSD>
        <pctVal>0.1185050029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EDNOVATE OBLIGATED GROUP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2056</title>
        <cusip>13058TGR5</cusip>
        <identifiers>
          <isin value="US13058TGR59"/>
          <ticker value="CASSCD"/>
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        <balance>2000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1775355.6000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARCHMONT SCHOOLS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2033</title>
        <cusip>13058TGT1</cusip>
        <identifiers>
          <isin value="US13058TGT16"/>
          <ticker value="CASSCD"/>
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        <balance>1025000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1037609.1400000000</valUSD>
        <pctVal>0.0633389285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hastings Campus Housing Finance Authority</name>
        <lei>N/A</lei>
        <title>Hastings Campus Housing Finance Authority 0.00% 07/01/2061</title>
        <cusip>418338AC3</cusip>
        <identifiers>
          <isin value="US418338AC37"/>
          <ticker value="HCHGEN"/>
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        <balance>14365000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7380392.2400000000</valUSD>
        <pctVal>0.4505223772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Independent Cities Finance Authority</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>Independent Cities Finance Authority 4.00% 06/01/2051</title>
        <cusip>45384PAP0</cusip>
        <identifiers>
          <isin value="US45384PAP09"/>
          <ticker value="IDCGEN"/>
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        <balance>3400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3277874.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARCHMONT SCHOOLS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2043</title>
        <cusip>13058TGU8</cusip>
        <identifiers>
          <isin value="US13058TGU88"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>1075000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1076667.5400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Independent Cities Finance Authority</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>Independent Cities Finance Authority 5.00% 09/15/2036</title>
        <cusip>45385LHD8</cusip>
        <identifiers>
          <isin value="US45385LHD82"/>
          <ticker value="IDCGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001007.0000000000</valUSD>
        <pctVal>0.0611046186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Independent Cities Finance Authority</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>Independent Cities Finance Authority 5.00% 09/15/2036</title>
        <cusip>45385LHE6</cusip>
        <identifiers>
          <isin value="US45385LHE65"/>
          <ticker value="IDCGEN"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1501510.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>MILLENNIUM HOUSING LLC</name>
        <lei>549300ZZZYTBUL6FR983</lei>
        <title>Independent Cities Finance Authority 5.00% 09/15/2050</title>
        <cusip>45385LQZ9</cusip>
        <identifiers>
          <isin value="US45385LQZ93"/>
          <ticker value="IDCGEN"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2038390.0000000000</valUSD>
        <pctVal>0.1244297428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Indio Electric Financing Authority</name>
        <lei>N/A</lei>
        <title>Indio Electric Financing Authority 5.25% 01/01/2053</title>
        <cusip>455701AV4</cusip>
        <identifiers>
          <isin value="US455701AV43"/>
          <ticker value="IERUTL"/>
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        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3181588.8000000000</valUSD>
        <pctVal>0.1942141966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>Inland Valley Development Agency</name>
        <lei>N/A</lei>
        <title>Inland Valley Development Agency 5.25% 09/01/2037</title>
        <cusip>45750TAA1</cusip>
        <identifiers>
          <isin value="US45750TAA16"/>
          <ticker value="INLDEV"/>
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        <balance>1110000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1120050.7200000000</valUSD>
        <pctVal>0.0683714221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Irvine CA</name>
        <lei>549300PJ9FL2XGFR8J79</lei>
        <title>City of Irvine CA 5.00% 09/01/2048</title>
        <cusip>46360TFW8</cusip>
        <identifiers>
          <isin value="US46360TFW80"/>
          <ticker value="IRVGEN"/>
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        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2521209.5000000000</valUSD>
        <pctVal>0.1539025651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Irvine CA</name>
        <lei>549300PJ9FL2XGFR8J79</lei>
        <title>City of Irvine CA 0.00% 09/01/2052</title>
        <cusip>46360THU0</cusip>
        <identifiers>
          <isin value="US46360THU07"/>
          <ticker value="IRVGEN"/>
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        <balance>1400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392579.8800000000</valUSD>
        <pctVal>0.0239643118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Irvine CA</name>
        <lei>549300PJ9FL2XGFR8J79</lei>
        <title>City of Irvine CA 0.00% 09/01/2053</title>
        <cusip>46360THV8</cusip>
        <identifiers>
          <isin value="US46360THV89"/>
          <ticker value="IRVGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>266916.5000000000</valUSD>
        <pctVal>0.0162934235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</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>Irvine Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>Irvine Facilities Financing Authority 4.25% 05/01/2053</title>
        <cusip>46360XAQ7</cusip>
        <identifiers>
          <isin value="US46360XAQ79"/>
          <ticker value="IRGFAC"/>
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        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4958639.0000000000</valUSD>
        <pctVal>0.3026909353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jurupa Unified School District</name>
        <lei>N/A</lei>
        <title>Jurupa Unified School District 4.00% 09/01/2047</title>
        <cusip>482128JY2</cusip>
        <identifiers>
          <isin value="US482128JY24"/>
          <ticker value="JURSCD"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>914052.0000000000</valUSD>
        <pctVal>0.0557966117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jurupa Unified School District</name>
        <lei>N/A</lei>
        <title>Jurupa Unified School District 5.00% 09/01/2038</title>
        <cusip>482128NY7</cusip>
        <identifiers>
          <isin value="US482128NY77"/>
          <ticker value="JURSCD"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1025564.3000000000</valUSD>
        <pctVal>0.0626036735</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jurupa Unified School District</name>
        <lei>N/A</lei>
        <title>Jurupa Unified School District 5.00% 09/01/2043</title>
        <cusip>482128NZ4</cusip>
        <identifiers>
          <isin value="US482128NZ43"/>
          <ticker value="JURSCD"/>
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        <balance>1255000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1275004.8300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kentfield School District</name>
        <lei>N/A</lei>
        <title>Kentfield School District 5.00% 08/01/2042</title>
        <cusip>490818MV0</cusip>
        <identifiers>
          <isin value="US490818MV04"/>
          <ticker value="KENSCD"/>
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        <balance>1075000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1225212.6500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>La Canada Unified School District</name>
        <lei>N/A</lei>
        <title>La Canada Unified School District 6.00% 08/01/2050</title>
        <cusip>502516TM9</cusip>
        <identifiers>
          <isin value="US502516TM96"/>
          <ticker value="LCNSCD"/>
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        <balance>3400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3982614.1400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 31</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 31 5.00% 09/01/2042</title>
        <cusip>68303JBA6</cusip>
        <identifiers>
          <isin value="US68303JBA60"/>
          <ticker value="ONTFAC"/>
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        <balance>1050000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1063280.7200000000</valUSD>
        <pctVal>0.0649060026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 30</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 30 4.00% 09/01/2042</title>
        <cusip>68303KAV8</cusip>
        <identifiers>
          <isin value="US68303KAV89"/>
          <ticker value="ONTFAC"/>
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        <balance>1395000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1336336.9000000000</valUSD>
        <pctVal>0.0815742114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 30</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 30 4.00% 09/01/2048</title>
        <cusip>68303KAW6</cusip>
        <identifiers>
          <isin value="US68303KAW62"/>
          <ticker value="ONTFAC"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1767180.4000000000</valUSD>
        <pctVal>0.1078742550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 34</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 34 4.00% 09/01/2048</title>
        <cusip>68304BAX3</cusip>
        <identifiers>
          <isin value="US68304BAX38"/>
          <ticker value="OTRFAC"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>887355.1000000000</valUSD>
        <pctVal>0.0541669489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 4.25% 09/01/2037</title>
        <cusip>68304NEM7</cusip>
        <identifiers>
          <isin value="US68304NEM74"/>
          <ticker value="ONTGEN"/>
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        <balance>415000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>428757.5000000000</valUSD>
        <pctVal>0.0261727076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 4.63% 09/01/2042</title>
        <cusip>68304NEN5</cusip>
        <identifiers>
          <isin value="US68304NEN57"/>
          <ticker value="ONTGEN"/>
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        <balance>650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>665932.4100000000</valUSD>
        <pctVal>0.0406506108</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 4.75% 09/01/2047</title>
        <cusip>68304NEP0</cusip>
        <identifiers>
          <isin value="US68304NEP06"/>
          <ticker value="ONTGEN"/>
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        <balance>840000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>843455.0900000000</valUSD>
        <pctVal>0.0514871540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 4.75% 09/01/2052</title>
        <cusip>68304NEQ8</cusip>
        <identifiers>
          <isin value="US68304NEQ88"/>
          <ticker value="ONTGEN"/>
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        <balance>825000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>812839.9100000000</valUSD>
        <pctVal>0.0496183071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.50% 09/01/2048</title>
        <cusip>68304NFJ3</cusip>
        <identifiers>
          <isin value="US68304NFJ37"/>
          <ticker value="ONTGEN"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1328289.7500000000</valUSD>
        <pctVal>0.0810829880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.75% 09/01/2054</title>
        <cusip>68304NFK0</cusip>
        <identifiers>
          <isin value="US68304NFK00"/>
          <ticker value="ONTGEN"/>
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        <balance>2210000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2358820.7400000000</valUSD>
        <pctVal>0.1439898440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.00% 09/01/2049</title>
        <cusip>68304NFY0</cusip>
        <identifiers>
          <isin value="US68304NFY04"/>
          <ticker value="ONTGEN"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>511504.0500000000</valUSD>
        <pctVal>0.0312238175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.00% 09/01/2054</title>
        <cusip>68304NFZ7</cusip>
        <identifiers>
          <isin value="US68304NFZ78"/>
          <ticker value="ONTGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1016972.1000000000</valUSD>
        <pctVal>0.0620791786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.00% 09/01/2040</title>
        <cusip>68304NGX1</cusip>
        <identifiers>
          <isin value="US68304NGX12"/>
          <ticker value="ONTGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1076074.2000000000</valUSD>
        <pctVal>0.0656869568</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.00% 09/01/2045</title>
        <cusip>68304NGY9</cusip>
        <identifiers>
          <isin value="US68304NGY94"/>
          <ticker value="ONTGEN"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>520834.1000000000</valUSD>
        <pctVal>0.0317933531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 43</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 43 4.00% 09/01/2050</title>
        <cusip>68305DAX8</cusip>
        <identifiers>
          <isin value="US68305DAX84"/>
          <ticker value="ONTFAC"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>887369.9000000000</valUSD>
        <pctVal>0.0541678523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 64</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 64 5.00% 09/01/2044</title>
        <cusip>68305GAM5</cusip>
        <identifiers>
          <isin value="US68305GAM50"/>
          <ticker value="ONTFAC"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3624531.0400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>City of Ontario CA Community Facilities District No 64</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 64 5.00% 09/01/2049</title>
        <cusip>68305GAN3</cusip>
        <identifiers>
          <isin value="US68305GAN34"/>
          <ticker value="ONTFAC"/>
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        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2543480.0000000000</valUSD>
        <pctVal>0.1552620265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Orange County Community Facilities District</name>
        <lei>N/A</lei>
        <title>Orange County Community Facilities District 5.50% 08/15/2053</title>
        <cusip>68423PA91</cusip>
        <identifiers>
          <isin value="US68423PA910"/>
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          <isin value="US777870YC40"/>
          <ticker value="ROSGEN"/>
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        <curCd>USD</curCd>
        <valUSD>6541321.8000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2043</title>
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          <isin value="US777870YY69"/>
          <ticker value="ROSGEN"/>
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        <curCd>USD</curCd>
        <valUSD>2889979.1700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2044</title>
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          <isin value="US777870ZU39"/>
          <ticker value="ROSGEN"/>
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        <curCd>USD</curCd>
        <valUSD>3017402.1900000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
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        <cusip>786005H84</cusip>
        <identifiers>
          <isin value="US786005H845"/>
          <ticker value="SACPWR"/>
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        <curCd>USD</curCd>
        <valUSD>4288472.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>LA MORAGA SAN JOSE LP</name>
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        <title>City of San Jose CA 3.90% 10/01/2035</title>
        <cusip>798165LL8</cusip>
        <identifiers>
          <isin value="US798165LL85"/>
          <ticker value="SJSMFH"/>
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        <balance>2435000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2567345.6600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000000</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>San Rafael City Elementary School District</name>
        <lei>N/A</lei>
        <title>San Rafael City Elementary School District 4.00% 08/01/2054</title>
        <cusip>799306RW7</cusip>
        <identifiers>
          <isin value="US799306RW76"/>
          <ticker value="SRFSCD"/>
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        <balance>2445000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2350556.9900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Saugus/Hart School Facilities Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>804208CR5</cusip>
        <identifiers>
          <isin value="US804208CR51"/>
          <ticker value="SAUEDU"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1252720.7500000000</valUSD>
        <pctVal>0.0764700184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Silicon Valley Tobacco Securitization Authority</name>
        <lei>N/A</lei>
        <title>Silicon Valley Tobacco Securitization Authority 0.00% 06/01/2036</title>
        <cusip>82706TAA9</cusip>
        <identifiers>
          <isin value="US82706TAA97"/>
          <ticker value="SILGEN"/>
          <other otherDesc="SEDOL" value="BH3Y4T4"/>
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        <balance>22000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12461671.2000000000</valUSD>
        <pctVal>0.7606996417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/01/2034</title>
        <cusip>13051BAA4</cusip>
        <identifiers>
          <isin value="US13051BAA44"/>
          <ticker value="CASFAC"/>
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        <balance>275000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>289179.4700000000</valUSD>
        <pctVal>0.0176524252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13051BAB2</cusip>
        <identifiers>
          <isin value="US13051BAB27"/>
          <ticker value="CASFAC"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>359013.2000000000</valUSD>
        <pctVal>0.0219152960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.75% 05/01/2054</title>
        <cusip>13051BAC0</cusip>
        <identifiers>
          <isin value="US13051BAC00"/>
          <ticker value="CASFAC"/>
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        <curCd>USD</curCd>
        <valUSD>1107203.9900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</annualizedRt>
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      <invstOrSec>
        <name>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.88% 05/01/2059</title>
        <cusip>13051BAD8</cusip>
        <identifiers>
          <isin value="US13051BAD82"/>
          <ticker value="CASFAC"/>
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        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1218782.7600000000</valUSD>
        <pctVal>0.0743983366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>LIGHTHOUSE CMNTY PUB SCHS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 6.38% 06/01/2052</title>
        <cusip>13058TRM4</cusip>
        <identifiers>
          <isin value="US13058TRM44"/>
          <ticker value="CASSCD"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1265804.0200000000</valUSD>
        <pctVal>0.0772686624</pctVal>
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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>6.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LIGHTHOUSE CMNTY PUB SCHS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 6.50% 06/01/2062</title>
        <cusip>13058TRN2</cusip>
        <identifiers>
          <isin value="US13058TRN27"/>
          <ticker value="CASSCD"/>
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        <balance>2125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2196066.5900000000</valUSD>
        <pctVal>0.1340548183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ORANGE CNTY EDU ARTS ACAD</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.63% 06/01/2043</title>
        <cusip>13058TSA9</cusip>
        <identifiers>
          <isin value="US13058TSA96"/>
          <ticker value="CASSCD"/>
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        <balance>560000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>571607.4000000000</valUSD>
        <pctVal>0.0348927152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ORANGE CNTY EDU ARTS ACAD</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.88% 06/01/2053</title>
        <cusip>13058TSB7</cusip>
        <identifiers>
          <isin value="US13058TSB79"/>
          <ticker value="CASSCD"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>705407.1500000000</valUSD>
        <pctVal>0.0430602732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alameda Community Facilities District</name>
        <lei>N/A</lei>
        <title>Alameda Community Facilities District 5.00% 09/01/2048</title>
        <cusip>010780DE1</cusip>
        <identifiers>
          <isin value="US010780DE14"/>
          <ticker value="ALAFAC"/>
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        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>765997.7300000000</valUSD>
        <pctVal>0.0467589129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isin value="US126292BC47"/>
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      <invstOrSec>
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          <isin value="US126292BG50"/>
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          <isin value="US126292BH34"/>
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      <invstOrSec>
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          <isin value="US126292CB54"/>
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        <name>Commonwealth of Puerto Rico</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <lei>549300X44HXPLJU48U63</lei>
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          <ticker value="PRC"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <lei>N/A</lei>
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          <ticker value="RIAGEN"/>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US79771FDP99"/>
          <ticker value="SFOWTR"/>
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        <balance>6665000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7187346.7100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of San Francisco CA Special Tax District No 2020-1</name>
        <lei>N/A</lei>
        <title>City &amp; County of San Francisco CA Special Tax District No 2020-1 5.75% 09/01/2053</title>
        <cusip>79771JAG4</cusip>
        <identifiers>
          <isin value="US79771JAG40"/>
          <ticker value="SFOGEN"/>
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        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1894848.3000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of San Francisco CA Special Tax District No 2020-1</name>
        <lei>N/A</lei>
        <title>City &amp; County of San Francisco CA Special Tax District No 2020-1 5.75% 09/01/2053</title>
        <cusip>79771JAL3</cusip>
        <identifiers>
          <isin value="US79771JAL35"/>
          <ticker value="SFOGEN"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1579040.2500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of San Francisco CA Community Facilities District No 2016-1</name>
        <lei>N/A</lei>
        <title>City &amp; County of San Francisco CA Community Facilities District No 2016-1 4.00% 09/01/2042</title>
        <cusip>79773JAR8</cusip>
        <identifiers>
          <isin value="US79773JAR86"/>
          <ticker value="SFOFAC"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>575451.0600000000</valUSD>
        <pctVal>0.0351273443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of San Francisco CA Community Facilities District No 2016-1</name>
        <lei>N/A</lei>
        <title>City &amp; County of San Francisco CA Community Facilities District No 2016-1 4.00% 09/01/2050</title>
        <cusip>79773JAS6</cusip>
        <identifiers>
          <isin value="US79773JAS69"/>
          <ticker value="SFOFAC"/>
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        <balance>1450000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1275258.7600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of San Francisco CA Community Facilities District No 2016-1</name>
        <lei>N/A</lei>
        <title>City &amp; County of San Francisco CA Community Facilities District No 2016-1 4.00% 09/01/2035</title>
        <cusip>79773JBE6</cusip>
        <identifiers>
          <isin value="US79773JBE64"/>
          <ticker value="SFOFAC"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>304897.5300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County of San Francisco CA Community Facilities District No 2016-1</name>
        <lei>N/A</lei>
        <title>City &amp; County of San Francisco CA Community Facilities District No 2016-1 4.00% 09/01/2051</title>
        <cusip>79773JBJ5</cusip>
        <identifiers>
          <isin value="US79773JBJ51"/>
          <ticker value="SFOFAC"/>
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        <balance>2500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2119516.2500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs</name>
        <lei>N/A</lei>
        <title>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs 5.00% 09/01/2052</title>
        <cusip>79773NAD0</cusip>
        <identifiers>
          <isin value="US79773NAD03"/>
          <ticker value="SFIFAC"/>
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        <balance>1500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1467793.2000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs</name>
        <lei>N/A</lei>
        <title>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs 5.00% 09/01/2055</title>
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        <identifiers>
          <isin value="US79773NAN84"/>
          <ticker value="SFIFAC"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
        <lei>N/A</lei>
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        <cusip>798111DD9</cusip>
        <identifiers>
          <isin value="US798111DD98"/>
          <ticker value="SJHTRN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
        <lei>N/A</lei>
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          <isin value="US798111DG20"/>
          <ticker value="SJHTRN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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          <isin value="US798111EB24"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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          <isin value="US798111EC07"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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      <invstOrSec>
        <name>PALMDALE AEROSPACE ACDMY</name>
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          <ticker value="CASFIN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>EMERSON COLLEGE</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREATIVE CTR OF LOS ALTOS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 11/01/2036</title>
        <cusip>13048TA29</cusip>
        <identifiers>
          <isin value="US13048TA293"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>1400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1401468.4600000000</valUSD>
        <pctVal>0.0855500469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREATIVE CTR OF LOS ALTOS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.50% 11/01/2046</title>
        <cusip>13048TA37</cusip>
        <identifiers>
          <isin value="US13048TA376"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>5300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5042350.0400000000</valUSD>
        <pctVal>0.3078009207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LARCHMONT SCHOOLS</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2055</title>
        <cusip>13058TGV6</cusip>
        <identifiers>
          <isin value="US13058TGV61"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>920608.9000000000</valUSD>
        <pctVal>0.0561968655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REAL JOURNEY ACAD OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2049</title>
        <cusip>13058THF0</cusip>
        <identifiers>
          <isin value="US13058THF03"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>5250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5149788.5300000000</valUSD>
        <pctVal>0.3143593043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEACH INC SER 2019 OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2058</title>
        <cusip>13058THM5</cusip>
        <identifiers>
          <isin value="US13058THM53"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>3600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3396304.4400000000</valUSD>
        <pctVal>0.2073211152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REAL JOURNEY ACAD OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2050</title>
        <cusip>13058TJV3</cusip>
        <identifiers>
          <isin value="US13058TJV35"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>2740000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2674090.9400000000</valUSD>
        <pctVal>0.1632349295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REAL JOURNEY ACAD OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2059</title>
        <cusip>13058TJW1</cusip>
        <identifiers>
          <isin value="US13058TJW18"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>3915000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3737583.1600000000</valUSD>
        <pctVal>0.2281538427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 08/01/2051</title>
        <cusip>13058TNA4</cusip>
        <identifiers>
          <isin value="US13058TNA42"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>1300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1090980.0200000000</valUSD>
        <pctVal>0.0665968550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 2.00% 06/01/2027</title>
        <cusip>13058TNS5</cusip>
        <identifiers>
          <isin value="US13058TNS59"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>140000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137349.4800000000</valUSD>
        <pctVal>0.0083842447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 06/01/2039</title>
        <cusip>13058TNT3</cusip>
        <identifiers>
          <isin value="US13058TNT33"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>1085000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1054915.3400000000</valUSD>
        <pctVal>0.0643953534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 06/01/2051</title>
        <cusip>13058TNU0</cusip>
        <identifiers>
          <isin value="US13058TNU06"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>1730000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1448903.7200000000</valUSD>
        <pctVal>0.0884456445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRIGHT STAR SCHS OBLIG GP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 06/01/2061</title>
        <cusip>13058TNV8</cusip>
        <identifiers>
          <isin value="US13058TNV88"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>2220000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1761330.0200000000</valUSD>
        <pctVal>0.1075171294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2061</title>
        <cusip>13058TPW4</cusip>
        <identifiers>
          <isin value="US13058TPW44"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3796381.6000000000</valUSD>
        <pctVal>0.2317430846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PARTNERSHIPS UPLIFIT OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.50% 08/01/2043</title>
        <cusip>13058TSF8</cusip>
        <identifiers>
          <isin value="US13058TSF83"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>550000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>574022.7400000000</valUSD>
        <pctVal>0.0350401552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PARTNERSHIPS UPLIFIT OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.50% 08/01/2047</title>
        <cusip>13058TSG6</cusip>
        <identifiers>
          <isin value="US13058TSG66"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>505000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>514323.0100000000</valUSD>
        <pctVal>0.0313958957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMMIT PUB SCHS OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2037</title>
        <cusip>13058TSN1</cusip>
        <identifiers>
          <isin value="US13058TSN18"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>525000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>541913.5100000000</valUSD>
        <pctVal>0.0330801067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUMMIT PUB SCHS OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2047</title>
        <cusip>13058TSP6</cusip>
        <identifiers>
          <isin value="US13058TSP65"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>995000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1027055.1200000000</valUSD>
        <pctVal>0.0626946779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US13058TSZ48"/>
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      </invstOrSec>
      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US13058TTA87"/>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>ALLIANCE FOR CLG READY OB</name>
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          <isin value="US13058TUE80"/>
          <ticker value="CASSCD"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>ALLIANCE FOR CLG READY OB</name>
        <lei>N/A</lei>
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          <isin value="US13059TBU25"/>
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        <curCd>USD</curCd>
        <valUSD>5000829.0000000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>KIPP SOCAL PUB SCHS OBL</name>
        <lei>N/A</lei>
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          <isin value="US13059TBZ12"/>
          <ticker value="CASSCD"/>
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        <valUSD>1650221.4300000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2045</title>
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          <isin value="US13059TCD90"/>
          <ticker value="CASSCD"/>
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        <valUSD>3500275.8000000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>ALLIANCE FOR CLG READY OB</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2031</title>
        <cusip>13059TDC0</cusip>
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          <isin value="US13059TDC09"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>4018160.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>KIPP SOCAL PUB SCHS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2037</title>
        <cusip>13059TEV7</cusip>
        <identifiers>
          <isin value="US13059TEV70"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1198856.4000000000</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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          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2038</title>
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          <isin value="US13059TFG94"/>
          <ticker value="CASSCD"/>
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        <valUSD>1157395.1600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2048</title>
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          <isin value="US13059TFH77"/>
          <ticker value="CASSCD"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KIPP SOCAL PUB SCHS OBL</name>
        <lei>N/A</lei>
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          <isin value="US13059TFU88"/>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
        <lei>N/A</lei>
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          <isin value="US13059THG76"/>
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          <couponKind>Fixed</couponKind>
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        <name>GREEN DOT PUBLIC SCHS OBG</name>
        <lei>N/A</lei>
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          <isin value="US13059THH59"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>VALUE SCHOOLS</name>
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          <isin value="US13059THL61"/>
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        <name>VALUE SCHOOLS</name>
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          <isin value="US13059THM45"/>
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      <invstOrSec>
        <name>California Statewide</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHF-IRVINE LLC</name>
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          <isin value="US13078RGB06"/>
          <ticker value="CASDEV"/>
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        <curCd>USD</curCd>
        <valUSD>1255835.6300000000</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>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>California Statewide</name>
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          <isin value="US13078YJP16"/>
          <ticker value="CASDEV"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US344414HB69"/>
          <ticker value="FRAGEN"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority</name>
        <lei>N/A</lei>
        <title>Folsom Ranch Financing Authority 5.00% 09/01/2049</title>
        <cusip>344414HC4</cusip>
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          <isin value="US344414HC43"/>
          <ticker value="FRAGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1279641.0000000000</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>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority</name>
        <lei>N/A</lei>
        <title>Folsom Ranch Financing Authority 5.00% 09/01/2044</title>
        <cusip>344414HR1</cusip>
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          <isin value="US344414HR12"/>
          <ticker value="FRAGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1047975.3000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>City of Fontana CA</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US344630M969"/>
          <ticker value="FONGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1020897.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Fontana CA</name>
        <lei>N/A</lei>
        <title>City of Fontana CA 5.00% 09/01/2054</title>
        <cusip>344630N20</cusip>
        <identifiers>
          <isin value="US344630N207"/>
          <ticker value="FONGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1420827.2400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Fontana CA</name>
        <lei>N/A</lei>
        <title>City of Fontana CA 5.00% 09/01/2035</title>
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          <isin value="US344630UL01"/>
          <ticker value="FONGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1404145.6100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Foothill-Eastern Transportation Corridor Agency</name>
        <lei>N/A</lei>
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        <cusip>345105HL7</cusip>
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          <isin value="US345105HL76"/>
          <ticker value="FOOTRN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <ticker value="FOOTRN"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Foothill-Eastern Transportation Corridor Agency</name>
        <lei>N/A</lei>
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          <ticker value="FOOTRN"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fort Bragg Unified School District</name>
        <lei>N/A</lei>
        <title>Fort Bragg Unified School District 5.50% 08/01/2052</title>
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          <ticker value="FTBSCD"/>
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      <invstOrSec>
        <name>City of Fremont CA Community Facilities District No 1</name>
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        <name>Fresno Unified School District</name>
        <lei>549300WL4QIP65TFU882</lei>
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        <lei>549300WL4QIP65TFU882</lei>
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      <invstOrSec>
        <name>City of Glendale CA Electric Revenue</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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      <invstOrSec>
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        <lei>N/A</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp 0.00% 06/01/2066</title>
        <cusip>38122NB84</cusip>
        <identifiers>
          <isin value="US38122NB843"/>
          <ticker value="GLDGEN"/>
          <other otherDesc="SEDOL" value="BR1WD82"/>
        </identifiers>
        <balance>48750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5217892.8800000000</valUSD>
        <pctVal>0.3185166083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp 5.00% 06/01/2051</title>
        <cusip>38122ND90</cusip>
        <identifiers>
          <isin value="US38122ND906"/>
          <ticker value="GLDGEN"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3984282.8000000000</valUSD>
        <pctVal>0.2432131654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Port Authority of Guam</name>
        <lei>N/A</lei>
        <title>Port Authority of Guam 5.00% 07/01/2048</title>
        <cusip>400652AA1</cusip>
        <identifiers>
          <isin value="US400652AA19"/>
          <ticker value="GMSTRN"/>
          <other otherDesc="SEDOL" value="BHZ26L2"/>
        </identifiers>
        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1514312.4000000000</valUSD>
        <pctVal>0.0924383962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guam Power Authority</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority 5.00% 10/01/2030</title>
        <cusip>400653JV4</cusip>
        <identifiers>
          <isin value="US400653JV48"/>
          <ticker value="GMSPWR"/>
        </identifiers>
        <balance>1005000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1090322.3900000000</valUSD>
        <pctVal>0.0665567112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2036</title>
        <cusip>40065FDC5</cusip>
        <identifiers>
          <isin value="US40065FDC59"/>
          <ticker value="GMSUTL"/>
        </identifiers>
        <balance>1755000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1795591.0400000000</valUSD>
        <pctVal>0.1096085299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2037</title>
        <cusip>40065FDD3</cusip>
        <identifiers>
          <isin value="US40065FDD33"/>
          <ticker value="GMSUTL"/>
        </identifiers>
        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1532331.4500000000</valUSD>
        <pctVal>0.0935383358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 01/01/2050</title>
        <cusip>40065FDF8</cusip>
        <identifiers>
          <isin value="US40065FDF80"/>
          <ticker value="GMSUTL"/>
          <other otherDesc="SEDOL" value="BMYVK35"/>
        </identifiers>
        <balance>1750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1786156.9300000000</valUSD>
        <pctVal>0.1090326422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.25% 07/01/2050</title>
        <cusip>40065FFJ8</cusip>
        <identifiers>
          <isin value="US40065FFJ84"/>
          <ticker value="GMSUTL"/>
        </identifiers>
        <balance>2750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2857201.3300000000</valUSD>
        <pctVal>0.1744125642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Lake Elsinore CA</name>
        <lei>N/A</lei>
        <title>City of Lake Elsinore CA 5.00% 09/01/2043</title>
        <cusip>50963NPJ2</cusip>
        <identifiers>
          <isin value="US50963NPJ27"/>
          <ticker value="LKEGEN"/>
        </identifiers>
        <balance>2470000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2515225.7000000000</valUSD>
        <pctVal>0.1535372951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Lake Elsinore CA</name>
        <lei>N/A</lei>
        <title>City of Lake Elsinore CA 5.00% 09/01/2046</title>
        <cusip>50963NXQ7</cusip>
        <identifiers>
          <isin value="US50963NXQ77"/>
          <ticker value="LKEGEN"/>
        </identifiers>
        <balance>475000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>494244.9600000000</valUSD>
        <pctVal>0.0301702683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 07/01/2048</title>
        <cusip>842469BJ6</cusip>
        <identifiers>
          <isin value="US842469BJ64"/>
          <ticker value="STNPWR"/>
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        <balance>5750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6064710.1500000000</valUSD>
        <pctVal>0.3702090004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.25% 07/01/2053</title>
        <cusip>842469BK3</cusip>
        <identifiers>
          <isin value="US842469BK38"/>
          <ticker value="STNPWR"/>
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        <balance>5250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5546368.8000000000</valUSD>
        <pctVal>0.3385678125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 07/01/2053</title>
        <cusip>842469CM8</cusip>
        <identifiers>
          <isin value="US842469CM84"/>
          <ticker value="STNPWR"/>
        </identifiers>
        <balance>10000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10441322.0000000000</valUSD>
        <pctVal>0.6373711661</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 07/01/2053</title>
        <cusip>842469DL9</cusip>
        <identifiers>
          <isin value="US842469DL92"/>
          <ticker value="STNPWR"/>
        </identifiers>
        <balance>3850000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4094511.9600000000</valUSD>
        <pctVal>0.2499419003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SACRAMENTO COUNTY TOBACCO</name>
        <lei>N/A</lei>
        <title>Tobacco Securitization Authority of Northern California 0.00% 06/01/2060</title>
        <cusip>888794CA0</cusip>
        <identifiers>
          <isin value="US888794CA04"/>
          <ticker value="TOBGEN"/>
        </identifiers>
        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>810535.0000000000</valUSD>
        <pctVal>0.0494776081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO COUNTY TOBACCO</name>
        <lei>N/A</lei>
        <title>Tobacco Securitization Authority of Southern California 0.00% 06/01/2046</title>
        <cusip>888804BB6</cusip>
        <identifiers>
          <isin value="US888804BB69"/>
          <ticker value="TOBGEN"/>
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        <balance>25000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3765915.0000000000</valUSD>
        <pctVal>0.2298833074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO COUNTY TOBACCO</name>
        <lei>N/A</lei>
        <title>Tobacco Securitization Authority of Southern California 5.00% 06/01/2048</title>
        <cusip>888804CT6</cusip>
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          <ticker value="TOBGEN"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tracy Community Facilities District/CA</name>
        <lei>N/A</lei>
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        <cusip>892376QZ0</cusip>
        <identifiers>
          <isin value="US892376QZ07"/>
          <ticker value="TRAFAC"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>COMMONSPIRIT HLTH OBLIG</name>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMONSPIRIT HLTH OBLIG</name>
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          <isin value="US13032UY360"/>
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      <invstOrSec>
        <name>COMMONSPIRIT HLTH OBLIG</name>
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          <isin value="US13032UY444"/>
          <ticker value="CASMED"/>
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      <invstOrSec>
        <name>California Housing Finance Agency</name>
        <lei>549300BOPCVLBA552Z14</lei>
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        <cusip>13033DAA3</cusip>
        <identifiers>
          <isin value="US13033DAA37"/>
          <ticker value="CASHSG"/>
          <other otherDesc="SEDOL" value="BJBLSV1"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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          <isin value="US13051AFA16"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13051AFE3</cusip>
        <identifiers>
          <isin value="US13051AFE38"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1802524.7900000000</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>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.75% 09/01/2053</title>
        <cusip>13051AGB8</cusip>
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          <isin value="US13051AGB89"/>
          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 09/01/2054</title>
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          <isin value="US13051AGT97"/>
          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Orange County Community Facilities District</name>
        <lei>N/A</lei>
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        <cusip>68423PZK9</cusip>
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          <ticker value="ORAFAC"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US687241AK58"/>
          <ticker value="OROMED"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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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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          <ticker value="PDTGEN"/>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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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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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>EINSTEIN PRESERVATION LP</name>
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      <invstOrSec>
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          <isin value="US786153NT92"/>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>Salinas Union High School District</name>
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        <name>California Community Choice Financing Authority</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 02/01/2054</title>
        <cusip>13013JDB9</cusip>
        <identifiers>
          <isin value="US13013JDB98"/>
          <ticker value="CCEDEV"/>
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        <curCd>USD</curCd>
        <valUSD>2813369.2600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HUMANGOOD CA OBLIG GROUP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 10/01/2049</title>
        <cusip>13048VXK9</cusip>
        <identifiers>
          <isin value="US13048VXK96"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>5590109.3800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2044</title>
        <cusip>13048VZ92</cusip>
        <identifiers>
          <isin value="US13048VZ924"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>5496131.1200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>CMNTY HOSPS CTRL CA GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 02/01/2051</title>
        <cusip>13048VZJ0</cusip>
        <identifiers>
          <isin value="US13048VZJ06"/>
          <ticker value="CASFIN"/>
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        <balance>2000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1756238.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PALOMAR HEALTH OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.25% 11/01/2052</title>
        <cusip>130493CL1</cusip>
        <identifiers>
          <isin value="US130493CL10"/>
          <ticker value="CASMED"/>
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        <balance>2335000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2382235.4200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONGREGATINAL HOMES OBLIG</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2049</title>
        <cusip>13049RBG0</cusip>
        <identifiers>
          <isin value="US13049RBG02"/>
          <ticker value="CASMED"/>
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        <balance>4750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4758786.5500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 08/15/2044</title>
        <cusip>13049SGA6</cusip>
        <identifiers>
          <isin value="US13049SGA69"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>955958.3000000000</valUSD>
        <pctVal>0.0583547042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/15/2054</title>
        <cusip>13049SGC2</cusip>
        <identifiers>
          <isin value="US13049SGC26"/>
          <ticker value="CASFIN"/>
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        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1836657.9000000000</valUSD>
        <pctVal>0.1121153804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>BOWLES HALL FOUNDATION</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 06/01/2050</title>
        <cusip>13049YAK7</cusip>
        <identifiers>
          <isin value="US13049YAK73"/>
          <ticker value="CASFIN"/>
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        <balance>1750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1750098.3500000000</valUSD>
        <pctVal>0.1068315129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/15/2051</title>
        <cusip>13049YBN0</cusip>
        <identifiers>
          <isin value="US13049YBN04"/>
          <ticker value="CASFIN"/>
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        <balance>6700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6717927.1900000000</valUSD>
        <pctVal>0.4100834249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/15/2051</title>
        <cusip>13049YCT6</cusip>
        <identifiers>
          <isin value="US13049YCT64"/>
          <ticker value="CASFIN"/>
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        <balance>5505000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5569728.3400000000</valUSD>
        <pctVal>0.3399937524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/15/2032</title>
        <cusip>13049YCX7</cusip>
        <identifiers>
          <isin value="US13049YCX76"/>
          <ticker value="CASFIN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3190749.9000000000</valUSD>
        <pctVal>0.1947734190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>P3 CLAREMONT HOLDINGS LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2040</title>
        <cusip>13049YEQ0</cusip>
        <identifiers>
          <isin value="US13049YEQ08"/>
          <ticker value="CASFIN"/>
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        <balance>1515000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1529574.7500000000</valUSD>
        <pctVal>0.0933700581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>P3 CLAREMONT HOLDINGS LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2052</title>
        <cusip>13049YER8</cusip>
        <identifiers>
          <isin value="US13049YER80"/>
          <ticker value="CASFIN"/>
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        <balance>2075000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1908831.7200000000</valUSD>
        <pctVal>0.1165210975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHF-DAVIS II LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 05/15/2041</title>
        <cusip>13049YFN6</cusip>
        <identifiers>
          <isin value="US13049YFN67"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1015905.0000000000</valUSD>
        <pctVal>0.0620140395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Airlines Inc</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 07/15/2029</title>
        <cusip>13050RAA0</cusip>
        <identifiers>
          <isin value="US13050RAA05"/>
          <ticker value="CASFIN"/>
          <other otherDesc="SEDOL" value="BKBNXX1"/>
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        <balance>2600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2651487.8000000000</valUSD>
        <pctVal>0.1618551627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 3.54% 02/20/2041</title>
        <cusip>13050WAA9</cusip>
        <identifiers>
          <isin value="US13050WAA99"/>
          <ticker value="CASMFH"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
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          <isin value="US13050WAD39"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>DOWNTOWN CLG PREP OBLG GR</name>
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          <isin value="US13058TDN72"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DOWNTOWN CLG PREP OBLG GR</name>
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          <isin value="US13058TDP21"/>
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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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Los Angeles CA Community Facilities District No 2021-01</name>
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          <isin value="US54531MBG06"/>
          <ticker value="LOSDEV"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
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        <identifiers>
          <isin value="US55374SAB60"/>
          <ticker value="MSRPWR"/>
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        <balance>1700000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2112489.7000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
        <title>M-S-R Energy Authority 6.50% 11/01/2039</title>
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          <isin value="US55374SAF74"/>
          <ticker value="MSRPWR"/>
          <other otherDesc="SEDOL" value="B5KRH59"/>
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        <balance>4000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5010782.4000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Marina Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
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          <isin value="US568061AX37"/>
          <ticker value="MRNDEV"/>
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        <balance>115000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116147.4700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Marina Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
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          <isin value="US568061AY10"/>
          <ticker value="MRNDEV"/>
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        <curCd>USD</curCd>
        <valUSD>102700.5000000000</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>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Marina Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
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          <ticker value="MRNDEV"/>
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        <curCd>USD</curCd>
        <valUSD>103124.0800000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Marina Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
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          <isin value="US568061BB08"/>
          <ticker value="MRNDEV"/>
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        <valUSD>256581.0500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Marina Joint Powers Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US568087BK56"/>
          <ticker value="MRNMFH"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.400000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Menifee Union School District</name>
        <lei>N/A</lei>
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          <isin value="US586807KP36"/>
          <ticker value="MNFSCD"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Menifee Union School District</name>
        <lei>N/A</lei>
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          <isin value="US586807KQ19"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Menifee CA</name>
        <lei>N/A</lei>
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          <ticker value="MNEGEN"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Menifee Union School District</name>
        <lei>N/A</lei>
        <title>Menifee Union School District 5.00% 09/01/2044</title>
        <cusip>586810Q97</cusip>
        <identifiers>
          <isin value="US586810Q973"/>
          <ticker value="MNFSCD"/>
        </identifiers>
        <balance>1245000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1279958.8500000000</valUSD>
        <pctVal>0.0781327177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Middle Fork Project Finance Authority</name>
        <lei>N/A</lei>
        <title>Middle Fork Project Finance Authority 5.00% 04/01/2034</title>
        <cusip>59572CAQ0</cusip>
        <identifiers>
          <isin value="US59572CAQ06"/>
          <ticker value="MFPGEN"/>
        </identifiers>
        <balance>1175000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1261183.5500000000</valUSD>
        <pctVal>0.0769866143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Middle Fork Project Finance Authority</name>
        <lei>N/A</lei>
        <title>Middle Fork Project Finance Authority 5.00% 04/01/2035</title>
        <cusip>59572CAR8</cusip>
        <identifiers>
          <isin value="US59572CAR88"/>
          <ticker value="MFPGEN"/>
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        <balance>1030000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1101757.6300000000</valUSD>
        <pctVal>0.0672547543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Middle Fork Project Finance Authority</name>
        <lei>N/A</lei>
        <title>Middle Fork Project Finance Authority 5.00% 04/01/2036</title>
        <cusip>59572CAS6</cusip>
        <identifiers>
          <isin value="US59572CAS61"/>
          <ticker value="MFPGEN"/>
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        <balance>2350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2503762.6200000000</valUSD>
        <pctVal>0.1528375526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Midpeninsula Regional Open Space District Field Employees Corp</name>
        <lei>N/A</lei>
        <title>Midpeninsula Regional Open Space District Field Employees Corp 4.00% 03/01/2054</title>
        <cusip>598022LM1</cusip>
        <identifiers>
          <isin value="US598022LM16"/>
          <ticker value="MIDFAC"/>
        </identifiers>
        <balance>1140000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1110919.8500000000</valUSD>
        <pctVal>0.0678140450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Moreno Valley Unified School District Community Facilities District</name>
        <lei>N/A</lei>
        <title>Moreno Valley Unified School District Community Facilities District 5.13% 09/01/2050</title>
        <cusip>616874WS8</cusip>
        <identifiers>
          <isin value="US616874WS81"/>
          <ticker value="MVYSCD"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>816849.3600000000</valUSD>
        <pctVal>0.0498630565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</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>Los Angeles Housing Authority</name>
        <lei>N/A</lei>
        <title>Los Angeles Housing Authority 3.75% 04/01/2034</title>
        <cusip>544562CP4</cusip>
        <identifiers>
          <isin value="US544562CP48"/>
          <ticker value="LOSMFH"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2063694.0000000000</valUSD>
        <pctVal>0.1259743786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
        <title>Los Angeles Unified School District/CA 5.00% 07/01/2049</title>
        <cusip>544647KV1</cusip>
        <identifiers>
          <isin value="US544647KV15"/>
          <ticker value="LOSSCD"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4315566.0000000000</valUSD>
        <pctVal>0.2634357348</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Los Angeles County Public Works Financing Authority</name>
        <lei>N/A</lei>
        <title>Los Angeles County Public Works Financing Authority 5.50% 12/01/2049</title>
        <cusip>54473EYK4</cusip>
        <identifiers>
          <isin value="US54473EYK45"/>
          <ticker value="LOSFAC"/>
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        <balance>2350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2620935.5000000000</valUSD>
        <pctVal>0.1599901541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>County of Los Angeles CA Community Facilities District No 2021-01</name>
        <lei>N/A</lei>
        <title>County of Los Angeles CA Community Facilities District No 2021-01 5.00% 09/01/2052</title>
        <cusip>54531MAT3</cusip>
        <identifiers>
          <isin value="US54531MAT36"/>
          <ticker value="LOSDEV"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1018904.7000000000</valUSD>
        <pctVal>0.0621971506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>ST MARY AND ALL ANGELS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.65% 05/01/2030</title>
        <cusip>13051BAE6</cusip>
        <identifiers>
          <isin value="US13051BAE65"/>
          <ticker value="CASFAC"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>414846.8800000000</valUSD>
        <pctVal>0.0253235596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000000</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>ASCENT 613</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 01/01/2055</title>
        <cusip>13051EAJ9</cusip>
        <identifiers>
          <isin value="US13051EAJ91"/>
          <ticker value="CASHSG"/>
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        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1803477.4200000000</valUSD>
        <pctVal>0.1100899394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Diego County Water Authority</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority 5.00% 11/21/2045</title>
        <cusip>13054WAQ0</cusip>
        <identifiers>
          <isin value="US13054WAQ06"/>
          <ticker value="CASPOL"/>
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        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2551803.2500000000</valUSD>
        <pctVal>0.1557701039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>HAZELDEN BETTY FORD FNDTN</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/01/2054</title>
        <cusip>13056HAB4</cusip>
        <identifiers>
          <isin value="US13056HAB42"/>
          <ticker value="CASGEN"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2034491.4000000000</valUSD>
        <pctVal>0.1241917600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>HOAG MEMORIAL HOSPITAL PRESBYTERIAN -HMHP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 0.40% 07/15/2062</title>
        <cusip>13057EFQ2</cusip>
        <identifiers>
          <isin value="US13057EFQ26"/>
          <ticker value="CASGEN"/>
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        <balance>9880000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9880000.0000000000</valUSD>
        <pctVal>0.6031063040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.400000000000000</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>HOAG MEMORIAL HOSPITAL PRESBYTERIAN -HMHP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 0.40% 07/15/2062</title>
        <cusip>13057EFR0</cusip>
        <identifiers>
          <isin value="US13057EFR09"/>
          <ticker value="CASGEN"/>
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        <balance>6020000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6020000.0000000000</valUSD>
        <pctVal>0.3674797521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.400000000000000</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>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2036</title>
        <cusip>13057GAA7</cusip>
        <identifiers>
          <isin value="US13057GAA76"/>
          <ticker value="CASMED"/>
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        <balance>1160000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1196600.6700000000</valUSD>
        <pctVal>0.0730442720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2046</title>
        <cusip>13057GAB5</cusip>
        <identifiers>
          <isin value="US13057GAB59"/>
          <ticker value="CASMED"/>
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        <balance>1545000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1468514.0000000000</valUSD>
        <pctVal>0.0896427177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.50% 10/01/2054</title>
        <cusip>13013JDD5</cusip>
        <identifiers>
          <isin value="US13013JDD54"/>
          <ticker value="CCEDEV"/>
        </identifiers>
        <balance>2305000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2534373.0900000000</valUSD>
        <pctVal>0.1547061121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2051</title>
        <cusip>13057GAC3</cusip>
        <identifiers>
          <isin value="US13057GAC33"/>
          <ticker value="CASMED"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1141820.2500000000</valUSD>
        <pctVal>0.0697003027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KENDAL AT SONOMA OBLIG GP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 11/15/2056</title>
        <cusip>13057GAD1</cusip>
        <identifiers>
          <isin value="US13057GAD16"/>
          <ticker value="CASMED"/>
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        <balance>1260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1129281.0500000000</valUSD>
        <pctVal>0.0689348705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CROSSROADS CHRISTIAN SCHS</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 01/01/2056</title>
        <cusip>13057KAH3</cusip>
        <identifiers>
          <isin value="US13057KAH32"/>
          <ticker value="CASEDU"/>
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        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3559254.0000000000</valUSD>
        <pctVal>0.2172680693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2045</title>
        <cusip>13058TCK4</cusip>
        <identifiers>
          <isin value="US13058TCK43"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>1100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1099990.9800000000</valUSD>
        <pctVal>0.0671469124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2026</title>
        <cusip>13058TCN8</cusip>
        <identifiers>
          <isin value="US13058TCN81"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>120000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119995.2000000000</valUSD>
        <pctVal>0.0073248848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2031</title>
        <cusip>13058TCP3</cusip>
        <identifiers>
          <isin value="US13058TCP30"/>
          <ticker value="CASSCD"/>
          <other otherDesc="SEDOL" value="BGPL8T4"/>
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        <balance>870000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>869969.3800000000</valUSD>
        <pctVal>0.0531056698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2036</title>
        <cusip>13058TCQ1</cusip>
        <identifiers>
          <isin value="US13058TCQ13"/>
          <ticker value="CASSCD"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000467.7000000000</valUSD>
        <pctVal>0.0610716981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2046</title>
        <cusip>13058TCR9</cusip>
        <identifiers>
          <isin value="US13058TCR95"/>
          <ticker value="CASSCD"/>
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        <balance>2100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2030709.4500000000</valUSD>
        <pctVal>0.1239608979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>DOWNTOWN CLG PREP OBLG GR</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 06/01/2026</title>
        <cusip>13058TDM9</cusip>
        <identifiers>
          <isin value="US13058TDM99"/>
          <ticker value="CASSCD"/>
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        <balance>970000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>582000.0000000000</valUSD>
        <pctVal>0.0355271122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 11/01/2032</title>
        <cusip>13080SSH8</cusip>
        <identifiers>
          <isin value="US13080SSH84"/>
          <ticker value="CASGEN"/>
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        <balance>3090000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3156422.0200000000</valUSD>
        <pctVal>0.1926779371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>LANCER EDUCATIONAL HSG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 06/01/2051</title>
        <cusip>13080SWP5</cusip>
        <identifiers>
          <isin value="US13080SWP54"/>
          <ticker value="CASGEN"/>
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        <balance>1450000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1399924.2500000000</valUSD>
        <pctVal>0.0854557834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Central Valley Energy Authority</name>
        <lei>254900G5IPQ9MA3FRJ55</lei>
        <title>Central Valley Energy Authority 5.00% 12/01/2055</title>
        <cusip>15569DAA0</cusip>
        <identifiers>
          <isin value="US15569DAA00"/>
          <ticker value="CTVPWR"/>
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        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5553579.0000000000</valUSD>
        <pctVal>0.3390079458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</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>Central Valley Energy Authority</name>
        <lei>254900G5IPQ9MA3FRJ55</lei>
        <title>Central Valley Energy Authority 5.00% 08/01/2034</title>
        <cusip>15569DAG7</cusip>
        <identifiers>
          <isin value="US15569DAG79"/>
          <ticker value="CTVPWR"/>
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        <balance>2200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2420863.9400000000</valUSD>
        <pctVal>0.1477771562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chabot-Las Positas Community College District</name>
        <lei>N/A</lei>
        <title>Chabot-Las Positas Community College District 5.25% 08/01/2048</title>
        <cusip>15722TKU4</cusip>
        <identifiers>
          <isin value="US15722TKU42"/>
          <ticker value="CBTHGR"/>
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        <balance>4350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4702614.9200000000</valUSD>
        <pctVal>0.2870624194</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.25% 11/01/2054</title>
        <cusip>13013JDG8</cusip>
        <identifiers>
          <isin value="US13013JDG85"/>
          <ticker value="CCEDEV"/>
          <other otherDesc="SEDOL" value="BRV4TV3"/>
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        <balance>10000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10788954.0000000000</valUSD>
        <pctVal>0.6585917178</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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          <isin value="US13013JDR41"/>
          <ticker value="CCEDEV"/>
          <other otherDesc="SEDOL" value="BSMPRV8"/>
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        <curCd>USD</curCd>
        <valUSD>8154440.1300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Children's Trust Fund</name>
        <lei>N/A</lei>
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          <isin value="US16876QBJ76"/>
          <ticker value="CHIGEN"/>
          <other otherDesc="SEDOL" value="BFYYXN6"/>
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        <curCd>USD</curCd>
        <valUSD>4213104.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2043</title>
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          <isin value="US169511TN23"/>
          <ticker value="CHNFAC"/>
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        <curCd>USD</curCd>
        <valUSD>3226122.3700000000</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>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2048</title>
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          <isin value="US169511TP70"/>
          <ticker value="CHNFAC"/>
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        <balance>2500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2527080.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 4.00% 09/01/2045</title>
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          <isin value="US169511VK55"/>
          <ticker value="CHNFAC"/>
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        <balance>1325000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1254928.8300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 4.00% 09/01/2050</title>
        <cusip>169511VL3</cusip>
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          <isin value="US169511VL39"/>
          <ticker value="CHNFAC"/>
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        <balance>2500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2251801.2500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 4.00% 09/01/2051</title>
        <cusip>169511VY5</cusip>
        <identifiers>
          <isin value="US169511VY59"/>
          <ticker value="CHNFAC"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>897966.1000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.38% 09/01/2047</title>
        <cusip>169511XA5</cusip>
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          <isin value="US169511XA55"/>
          <ticker value="CHNFAC"/>
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        <curCd>USD</curCd>
        <valUSD>1692379.5000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.38% 09/01/2052</title>
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          <isin value="US169511XB39"/>
          <ticker value="CHNFAC"/>
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        <balance>2000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2072636.8000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2049</title>
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          <isin value="US169511XW75"/>
          <ticker value="CHNFAC"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
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        <lei>N/A</lei>
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          <ticker value="CITHGR"/>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>CASTILLEJA SCH FNDTN</name>
        <lei>549300544P6FSHU1HB46</lei>
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          <ticker value="CASDEV"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CASTILLEJA SCH FNDTN</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 4.00% 06/01/2054</title>
        <cusip>13067REJ8</cusip>
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          <isin value="US13067REJ86"/>
          <ticker value="CASDEV"/>
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        <balance>2500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2313033.0000000000</valUSD>
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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>4.000000000000000</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>ACADEMY FOR ACADEMIC EXCE</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 07/01/2040</title>
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          <isin value="US13069AAA60"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>502889.6500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ACADEMY FOR ACADEMIC EXCE</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 07/01/2050</title>
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        <identifiers>
          <isin value="US13069AAB44"/>
          <ticker value="CASSCD"/>
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        <balance>500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477775.6000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Corona Community Facilities District</name>
        <lei>N/A</lei>
        <title>Corona Community Facilities District 5.00% 09/01/2049</title>
        <cusip>219680HE8</cusip>
        <identifiers>
          <isin value="US219680HE83"/>
          <ticker value="COOFAC"/>
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        <balance>1600000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1631189.9200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Corona Community Facilities District</name>
        <lei>N/A</lei>
        <title>Corona Community Facilities District 5.00% 09/01/2054</title>
        <cusip>219680HF5</cusip>
        <identifiers>
          <isin value="US219680HF58"/>
          <ticker value="COOFAC"/>
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        <balance>1600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1619344.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Corona-Norco Unified School District</name>
        <lei>N/A</lei>
        <title>Corona-Norco Unified School District 4.00% 09/01/2045</title>
        <cusip>219766MV1</cusip>
        <identifiers>
          <isin value="US219766MV17"/>
          <ticker value="CNRSCD"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1864430.2000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Corona-Norco Unified School District</name>
        <lei>N/A</lei>
        <title>Corona-Norco Unified School District 5.00% 09/01/2043</title>
        <cusip>219766PQ9</cusip>
        <identifiers>
          <isin value="US219766PQ94"/>
          <ticker value="CNRSCD"/>
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        <balance>2430000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2476224.1900000000</valUSD>
        <pctVal>0.1511565202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Moreno Valley Unified School District Community Facilities District</name>
        <lei>N/A</lei>
        <title>Moreno Valley Unified School District Community Facilities District 5.13% 09/01/2055</title>
        <cusip>616874WT6</cusip>
        <identifiers>
          <isin value="US616874WT64"/>
          <ticker value="MVYSCD"/>
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        <balance>1345000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1364880.8500000000</valUSD>
        <pctVal>0.0833166240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</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>Mountain House Community Facilities District</name>
        <lei>N/A</lei>
        <title>Mountain House Community Facilities District 4.25% 09/01/2035</title>
        <cusip>62412KAB3</cusip>
        <identifiers>
          <isin value="US62412KAB35"/>
          <ticker value="MTHDEV"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>413546.5600000000</valUSD>
        <pctVal>0.0252441839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Dixon CA</name>
        <lei>N/A</lei>
        <title>City of Dixon CA 4.00% 09/01/2045</title>
        <cusip>255650EA7</cusip>
        <identifiers>
          <isin value="US255650EA72"/>
          <ticker value="DXNGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>932215.1000000000</valUSD>
        <pctVal>0.0569053445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Dixon CA</name>
        <lei>N/A</lei>
        <title>City of Dixon CA 5.00% 09/01/2048</title>
        <cusip>255650FL2</cusip>
        <identifiers>
          <isin value="US255650FL29"/>
          <ticker value="DXNGEN"/>
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        <balance>1400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1419662.1600000000</valUSD>
        <pctVal>0.0866606476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Lake Elsinore CA</name>
        <lei>N/A</lei>
        <title>City of Lake Elsinore CA 5.00% 09/01/2055</title>
        <cusip>50963NXS3</cusip>
        <identifiers>
          <isin value="US50963NXS34"/>
          <ticker value="LKEGEN"/>
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        <balance>1300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1319820.4500000000</valUSD>
        <pctVal>0.0805659953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Lake Elsinore Unified School District Community Facilities District</name>
        <lei>N/A</lei>
        <title>Lake Elsinore Unified School District Community Facilities District 4.00% 09/01/2047</title>
        <cusip>509640WB0</cusip>
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          <isin value="US509640WB07"/>
          <ticker value="LKESCD"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>829564.1100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Lammersville Joint Unified School District</name>
        <lei>N/A</lei>
        <title>Lammersville Joint Unified School District 5.00% 09/01/2030</title>
        <cusip>513533CG2</cusip>
        <identifiers>
          <isin value="US513533CG24"/>
          <ticker value="LSVSCD"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1341264.0800000000</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>5.000000000000000</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>Lammersville Joint Unified School District</name>
        <lei>N/A</lei>
        <title>Lammersville Joint Unified School District 5.00% 09/01/2032</title>
        <cusip>513533CJ6</cusip>
        <identifiers>
          <isin value="US513533CJ62"/>
          <ticker value="LSVSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1555166.8200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority 4.50% 09/01/2040</title>
        <cusip>76827QMQ3</cusip>
        <identifiers>
          <isin value="US76827QMQ37"/>
          <ticker value="RVIGEN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1130133.2900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000000</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>River Islands Public Financing Authority</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority 5.00% 09/01/2055</title>
        <cusip>76827QMU4</cusip>
        <identifiers>
          <isin value="US76827QMU49"/>
          <ticker value="RVIGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1747795.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tracy Community Facilities District/CA</name>
        <lei>N/A</lei>
        <title>Tracy Community Facilities District/CA 5.00% 09/01/2048</title>
        <cusip>892376RA4</cusip>
        <identifiers>
          <isin value="US892376RA47"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tracy Community Facilities District/CA</name>
        <lei>N/A</lei>
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          <isin value="US892376UA00"/>
          <ticker value="TRAFAC"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tracy Community Facilities District/CA</name>
        <lei>N/A</lei>
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          <isin value="US892376UB82"/>
          <ticker value="TRAFAC"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Transbay Joint Powers Authority</name>
        <lei>549300WC0UP8WU8GYU95</lei>
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          <isin value="US89356CAT36"/>
          <ticker value="TJPDEV"/>
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        <curCd>USD</curCd>
        <valUSD>6472710.8800000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Regents of the University of California Medical Center Pooled Revenue 0.40% 05/15/2045</name>
        <lei>N/A</lei>
        <title>Regents of the University of California Medical Center Pooled Revenue 0.40% 05/15/2045</title>
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          <isin value="US913366KE95"/>
          <ticker value="UNVHGR"/>
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        <curCd>USD</curCd>
        <valUSD>1815000.0000000000</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>Variable</couponKind>
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      <invstOrSec>
        <name>Regents of the University of California Medical Center Pooled Revenue</name>
        <lei>N/A</lei>
        <title>Regents of the University of California Medical Center Pooled Revenue 4.13% 05/15/2032</title>
        <cusip>913366KV1</cusip>
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          <isin value="US913366KV11"/>
          <ticker value="UNVHGR"/>
          <other otherDesc="SEDOL" value="BMGMNN7"/>
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        <curCd>USD</curCd>
        <valUSD>2749802.8500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.132000000000001</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>University of California 0.40% 05/15/2048</title>
        <cusip>91412GSG1</cusip>
        <identifiers>
          <isin value="US91412GSG19"/>
          <ticker value="UNVHGR"/>
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        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>700000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.400000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>University of California 0.45% 05/15/2048</title>
        <cusip>91412GSH9</cusip>
        <identifiers>
          <isin value="US91412GSH91"/>
          <ticker value="UNVHGR"/>
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        <curCd>USD</curCd>
        <valUSD>1000000.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.450000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>University of California 0.52% 05/15/2048</title>
        <cusip>91412GSJ5</cusip>
        <identifiers>
          <isin value="US91412GSJ57"/>
          <ticker value="UNVHGR"/>
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        <curCd>USD</curCd>
        <valUSD>400000.0000000000</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>Variable</couponKind>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>University of California 5.00% 05/15/2042</title>
        <cusip>91412HHE6</cusip>
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          <isin value="US91412HHE62"/>
          <ticker value="UNVHGR"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
        <lei>N/A</lei>
        <title>University of California 5.00% 05/15/2053</title>
        <cusip>91412HVY6</cusip>
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          <isin value="US91412HVY60"/>
          <ticker value="UNVHGR"/>
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        <valUSD>4266592.8000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAN ANTONIO REGL HOSP OBL</name>
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        <cusip>915346GA2</cusip>
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          <isin value="US915346GA20"/>
          <ticker value="UPLCTF"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAN ANTONIO REGL HOSP OBL</name>
        <lei>N/A</lei>
        <title>City of Upland CA 5.00% 01/01/2047</title>
        <cusip>915346GB0</cusip>
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          <isin value="US915346GB03"/>
          <ticker value="UPLCTF"/>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Vacaville CA</name>
        <lei>N/A</lei>
        <title>City of Vacaville CA 5.13% 09/01/2050</title>
        <cusip>918581CG2</cusip>
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          <isin value="US918581CG26"/>
          <ticker value="VACGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Vacaville CA</name>
        <lei>N/A</lei>
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          <isin value="US918581CH09"/>
          <ticker value="VACGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Victor Valley Community College District</name>
        <lei>N/A</lei>
        <title>Victor Valley Community College District 5.00% 08/01/2051</title>
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          <isin value="US92603PGB22"/>
          <ticker value="VVYHGR"/>
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        <curCd>USD</curCd>
        <valUSD>3855205.0800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CFC-FR LLC</name>
        <lei>N/A</lei>
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        <valUSD>4920417.8100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>VI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Vista Unified School District</name>
        <lei>N/A</lei>
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        <cusip>928346QW8</cusip>
        <identifiers>
          <isin value="US928346QW82"/>
          <ticker value="VSTSCD"/>
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        <balance>4410000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4722531.4100000000</valUSD>
        <pctVal>0.2882781847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Washington Township Health Care District</name>
        <lei>N/A</lei>
        <title>Washington Township Health Care District 5.00% 07/01/2026</title>
        <cusip>940204DD9</cusip>
        <identifiers>
          <isin value="US940204DD94"/>
          <ticker value="WASMED"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400514.5200000000</valUSD>
        <pctVal>0.0244486672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2054</title>
        <cusip>13051AHR2</cusip>
        <identifiers>
          <isin value="US13051AHR23"/>
          <ticker value="CASGEN"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>795804.0000000000</valUSD>
        <pctVal>0.0485783815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 09/01/2059</title>
        <cusip>13051AHS0</cusip>
        <identifiers>
          <isin value="US13051AHS06"/>
          <ticker value="CASGEN"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1248846.2500000000</valUSD>
        <pctVal>0.0762335067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2049</title>
        <cusip>13051AJK5</cusip>
        <identifiers>
          <isin value="US13051AJK51"/>
          <ticker value="CASGEN"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1262162.2500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2054</title>
        <cusip>13051AJL3</cusip>
        <identifiers>
          <isin value="US13051AJL35"/>
          <ticker value="CASGEN"/>
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        <balance>2750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2777519.2500000000</valUSD>
        <pctVal>0.1695485192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.13% 09/01/2034</title>
        <cusip>13051AKD9</cusip>
        <identifiers>
          <isin value="US13051AKD99"/>
          <ticker value="CASGEN"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512469.3500000000</valUSD>
        <pctVal>0.0312827425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2039</title>
        <cusip>13051AKE7</cusip>
        <identifiers>
          <isin value="US13051AKE72"/>
          <ticker value="CASGEN"/>
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        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>799362.1500000000</valUSD>
        <pctVal>0.0487955822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2044</title>
        <cusip>13051AKF4</cusip>
        <identifiers>
          <isin value="US13051AKF48"/>
          <ticker value="CASGEN"/>
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        <balance>1210000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1261056.3100000000</valUSD>
        <pctVal>0.0769788472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2039</title>
        <cusip>13051AKS6</cusip>
        <identifiers>
          <isin value="US13051AKS68"/>
          <ticker value="CASGEN"/>
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        <balance>1290000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1374902.9000000000</valUSD>
        <pctVal>0.0839284015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2044</title>
        <cusip>13051AKT4</cusip>
        <identifiers>
          <isin value="US13051AKT42"/>
          <ticker value="CASGEN"/>
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        <balance>2140000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2233382.5400000000</valUSD>
        <pctVal>0.1363327013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2050</title>
        <cusip>13051AME5</cusip>
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          <isin value="US13051AME54"/>
          <ticker value="CASGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1014123.1000000000</valUSD>
        <pctVal>0.0619052667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2055</title>
        <cusip>13051AMF2</cusip>
        <identifiers>
          <isin value="US13051AMF20"/>
          <ticker value="CASGEN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1262217.2500000000</valUSD>
        <pctVal>0.0770497146</pctVal>
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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>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 09/01/2050</title>
        <cusip>13051AMK1</cusip>
        <identifiers>
          <isin value="US13051AMK15"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>780273.5300000000</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>5.125000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 09/01/2055</title>
        <cusip>13051AML9</cusip>
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          <isin value="US13051AML97"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1015608.2000000000</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>5.125000000000000</annualizedRt>
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      <invstOrSec>
        <name>Mountain House Community Facilities District</name>
        <lei>N/A</lei>
        <title>Mountain House Community Facilities District 5.25% 09/01/2050</title>
        <cusip>62412KAK3</cusip>
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          <isin value="US62412KAK34"/>
          <ticker value="MTHDEV"/>
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        <curCd>USD</curCd>
        <valUSD>410875.4800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2040</title>
        <cusip>13051ANR5</cusip>
        <identifiers>
          <isin value="US13051ANR58"/>
          <ticker value="CASGEN"/>
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        <balance>525000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>559815.0100000000</valUSD>
        <pctVal>0.0341728706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13051ANS3</cusip>
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          <isin value="US13051ANS32"/>
          <ticker value="CASGEN"/>
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        <balance>500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524111.1000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mountain House Community Facilities District</name>
        <lei>N/A</lei>
        <title>Mountain House Community Facilities District 5.25% 09/01/2055</title>
        <cusip>62412KAL1</cusip>
        <identifiers>
          <isin value="US62412KAL17"/>
          <ticker value="MTHDEV"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>610354.7400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mountain House Community Facilities District</name>
        <lei>N/A</lei>
        <title>Mountain House Community Facilities District 5.13% 09/01/2045</title>
        <cusip>62412KAP2</cusip>
        <identifiers>
          <isin value="US62412KAP21"/>
          <ticker value="MTHDEV"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260089.7000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 09/01/2050</title>
        <cusip>13051ANT1</cusip>
        <identifiers>
          <isin value="US13051ANT15"/>
          <ticker value="CASGEN"/>
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        <balance>925000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>964780.6400000000</valUSD>
        <pctVal>0.0588932476</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 09/01/2055</title>
        <cusip>13051ANU8</cusip>
        <identifiers>
          <isin value="US13051ANU87"/>
          <ticker value="CASGEN"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1560730.3500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2050</title>
        <cusip>13051ANZ7</cusip>
        <identifiers>
          <isin value="US13051ANZ74"/>
          <ticker value="CASGEN"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1016204.7000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2055</title>
        <cusip>13051APA0</cusip>
        <identifiers>
          <isin value="US13051APA06"/>
          <ticker value="CASGEN"/>
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        <balance>1100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1111751.8500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2064</title>
        <cusip>13059TJS9</cusip>
        <identifiers>
          <isin value="US13059TJS96"/>
          <ticker value="CASSCD"/>
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        <balance>2040000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1949404.4200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>State of California</name>
        <lei>9845007J7054602FF597</lei>
        <title>State of California 5.25% 09/01/2053</title>
        <cusip>13063D5F1</cusip>
        <identifiers>
          <isin value="US13063D5F14"/>
          <ticker value="CAS"/>
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        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5404225.0000000000</valUSD>
        <pctVal>0.3298909075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</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>State of California</name>
        <lei>9845007J7054602FF597</lei>
        <title>State of California 5.25% 08/01/2044</title>
        <cusip>13063ECN4</cusip>
        <identifiers>
          <isin value="US13063ECN40"/>
          <ticker value="CAS"/>
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        <balance>1070000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1218005.6100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
        <title>State of California 5.00% 03/01/2055</title>
        <cusip>13063ELN4</cusip>
        <identifiers>
          <isin value="US13063ELN49"/>
          <ticker value="CAS"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4287820.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>ACADEMY FOR ACADEMIC EXCE</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 07/01/2055</title>
        <cusip>13069AAC2</cusip>
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          <isin value="US13069AAC27"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>328383.7600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>REAL JOURNEY ACAD OBLIG</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 06/01/2044</title>
        <cusip>13069ABC1</cusip>
        <identifiers>
          <isin value="US13069ABC18"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1340998.7300000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>REAL JOURNEY ACAD OBLIG</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 06/01/2054</title>
        <cusip>13069ABD9</cusip>
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          <isin value="US13069ABD90"/>
          <ticker value="CASSCD"/>
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        <curCd>USD</curCd>
        <valUSD>2466898.7500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>PROVIDENT GROUP-POMONA</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 01/15/2045</title>
        <cusip>13069BBC9</cusip>
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          <isin value="US13069BBC90"/>
          <ticker value="CASHSG"/>
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        <curCd>USD</curCd>
        <valUSD>1034983.0000000000</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>5.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mountain House Community Facilities District</name>
        <lei>N/A</lei>
        <title>Mountain House Community Facilities District 5.25% 09/01/2050</title>
        <cusip>62412KAQ0</cusip>
        <identifiers>
          <isin value="US62412KAQ04"/>
          <ticker value="MTHDEV"/>
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        <curCd>USD</curCd>
        <valUSD>512894.2500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mountain House Community Facilities District</name>
        <lei>N/A</lei>
        <title>Mountain House Community Facilities District 5.25% 09/01/2055</title>
        <cusip>62412KAR8</cusip>
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          <isin value="US62412KAR86"/>
          <ticker value="MTHDEV"/>
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        <curCd>USD</curCd>
        <valUSD>611602.9200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Murrieta CA Community Facilities District</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63607WBB90"/>
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        <curCd>USD</curCd>
        <valUSD>13332192.1300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.923900000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>North Lake Tahoe Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US66038WBJ45"/>
          <ticker value="NLTGEN"/>
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        <curCd>USD</curCd>
        <valUSD>4835463.8900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Northern Inyo County Local Hospital District</name>
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          <isin value="US665296DA40"/>
          <ticker value="NINMED"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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        <cusip>13077DUS9</cusip>
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          <isin value="US13077DUS97"/>
          <ticker value="CASHGR"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
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          <isin value="US13077EEL02"/>
          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2048</title>
        <cusip>13077EGA2</cusip>
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          <isin value="US13077EGA29"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>7376736.8100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2039</title>
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          <isin value="US13077EGC84"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1460684.8300000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2048</title>
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          <isin value="US13077EGD67"/>
          <ticker value="CASGEN"/>
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        <valUSD>1768544.7500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2039</title>
        <cusip>13077EGQ7</cusip>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1038759.5000000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Northern Inyo County Local Hospital District</name>
        <lei>N/A</lei>
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          <isin value="US665296DC06"/>
          <ticker value="NINMED"/>
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        <valUSD>1929755.1500000000</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>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Norwalk-La Mirada Unified School District</name>
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        <cusip>669096XU8</cusip>
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          <isin value="US669096XU87"/>
          <ticker value="NWKSCD"/>
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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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <cusip>13077EGR5</cusip>
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          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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          <ticker value="CASGEN"/>
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      <invstOrSec>
        <name>Ojai Unified School District</name>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 28</name>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 28</name>
        <lei>N/A</lei>
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        <valUSD>503322.4000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>City of Ontario CA Community Facilities District No 24</name>
        <lei>N/A</lei>
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          <isin value="US68303EAK64"/>
          <ticker value="ONTFAC"/>
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        <curCd>USD</curCd>
        <valUSD>394665.0600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Orange County Community Facilities District</name>
        <lei>N/A</lei>
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        <cusip>68423PWZ9</cusip>
        <identifiers>
          <isin value="US68423PWZ97"/>
          <ticker value="ORAFAC"/>
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        <curCd>USD</curCd>
        <valUSD>6578123.5900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orange County Community Facilities District</name>
        <lei>N/A</lei>
        <title>Orange County Community Facilities District 5.00% 08/15/2046</title>
        <cusip>68423PXA3</cusip>
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          <isin value="US68423PXA38"/>
          <ticker value="ORAFAC"/>
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        <balance>3000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3007963.5000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orange County Community Facilities District</name>
        <lei>N/A</lei>
        <title>Orange County Community Facilities District 5.00% 08/15/2042</title>
        <cusip>68423PYA2</cusip>
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          <isin value="US68423PYA29"/>
          <ticker value="ORAFAC"/>
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        <curCd>USD</curCd>
        <valUSD>2547844.0000000000</valUSD>
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        <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>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Orange County Community Facilities District</name>
        <lei>N/A</lei>
        <title>Orange County Community Facilities District 5.00% 08/15/2047</title>
        <cusip>68423PZJ2</cusip>
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          <isin value="US68423PZJ29"/>
          <ticker value="ORAFAC"/>
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        <curCd>USD</curCd>
        <valUSD>3384785.5800000000</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>2047-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.50% 09/01/2052</title>
        <cusip>13077ELE8</cusip>
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          <isin value="US13077ELE85"/>
          <ticker value="CASGEN"/>
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        <balance>4240000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4354150.5500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.50% 09/01/2042</title>
        <cusip>13077END8</cusip>
        <identifiers>
          <isin value="US13077END84"/>
          <ticker value="CASGEN"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1069508.1000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District/CA 4.13% 07/01/2050</title>
        <cusip>797356TL6</cusip>
        <identifiers>
          <isin value="US797356TL62"/>
          <ticker value="SDGEDU"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>499164.2500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority 5.00% 07/01/2036</title>
        <cusip>79739GLA2</cusip>
        <identifiers>
          <isin value="US79739GLA21"/>
          <ticker value="SDGAPT"/>
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        <balance>3750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4071017.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority 5.00% 07/01/2039</title>
        <cusip>79739GLD6</cusip>
        <identifiers>
          <isin value="US79739GLD69"/>
          <ticker value="SDGAPT"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2144799.2000000000</valUSD>
        <pctVal>0.1309252954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SANFORD BURNHAM PREBYS</name>
        <lei>254900MKIGRAYVDUZ926</lei>
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        <cusip>79743AAW3</cusip>
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          <isin value="US79743AAW36"/>
          <ticker value="SDGGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1206086.1200000000</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>4.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.63% 09/01/2052</title>
        <cusip>13077ENE6</cusip>
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          <isin value="US13077ENE67"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>3148794.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.50% 09/01/2053</title>
        <cusip>13077EQD5</cusip>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1780549.9100000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2049</title>
        <cusip>13077EQL7</cusip>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>383017.1600000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2049</title>
        <cusip>13077EQZ6</cusip>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1531346.7000000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.00% 09/01/2034</title>
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          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>255201.4500000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/02/2039</title>
        <cusip>13078YPM1</cusip>
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          <isin value="US13078YPM11"/>
          <ticker value="CASDEV"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>California Statewide</name>
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          <isin value="US13078YPN93"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority 0.65% 08/15/2047</name>
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        <cusip>130795VL8</cusip>
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          <isin value="US130795VL87"/>
          <ticker value="CASDEV"/>
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        <curCd>USD</curCd>
        <valUSD>890000.0000000000</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>Variable</couponKind>
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      <invstOrSec>
        <name>FRONT PORCH CMNNTYS OBLIG</name>
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        <cusip>13080SC36</cusip>
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          <isin value="US13080SC369"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1427052.0400000000</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>4.000000000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FRONT PORCH CMNNTYS OBLIG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.00% 04/01/2040</title>
        <cusip>13080SC44</cusip>
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          <isin value="US13080SC443"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>2646046.3300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
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        <cusip>13080SEX8</cusip>
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          <isin value="US13080SEX80"/>
          <ticker value="CASGEN"/>
          <other otherDesc="SEDOL" value="BHNVYV7"/>
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        <curCd>USD</curCd>
        <valUSD>4611414.7700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ADVENTIST HLTH SYS/W OBLG</name>
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        <cusip>13080SJL9</cusip>
        <identifiers>
          <isin value="US13080SJL97"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ENLOE MED CTR OBLIG GROUP</name>
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        <title>California Statewide Communities Development Authority 5.25% 08/15/2052</title>
        <cusip>13080SM76</cusip>
        <identifiers>
          <isin value="US13080SM764"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 12/01/2026</title>
        <cusip>13080SMB7</cusip>
        <identifiers>
          <isin value="US13080SMB78"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>2008370.6000000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 12/01/2029</title>
        <cusip>13080SME1</cusip>
        <identifiers>
          <isin value="US13080SME18"/>
          <ticker value="CASGEN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3171038.7600000000</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>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 12/01/2036</title>
        <cusip>13080SMH4</cusip>
        <identifiers>
          <isin value="US13080SMH49"/>
          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 12/01/2041</title>
        <cusip>13080SMJ0</cusip>
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          <isin value="US13080SMJ05"/>
          <ticker value="CASGEN"/>
          <other otherDesc="SEDOL" value="BJF68C3"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 12/01/2046</title>
        <cusip>13080SMK7</cusip>
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          <isin value="US13080SMK77"/>
          <ticker value="CASGEN"/>
          <other otherDesc="SEDOL" value="BJT7VY5"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.25% 12/01/2056</title>
        <cusip>13080SML5</cusip>
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          <isin value="US13080SML50"/>
          <ticker value="CASGEN"/>
          <other otherDesc="SEDOL" value="BYQ7SG4"/>
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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>
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      <invstOrSec>
        <name>LANCER EDUCATIONAL HSG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 06/01/2046</title>
        <cusip>13080SNN0</cusip>
        <identifiers>
          <isin value="US13080SNN08"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>3470560.1000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REDLANDS CMNTY HOSP OBLIG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.00% 10/01/2041</title>
        <cusip>13080SPL2</cusip>
        <identifiers>
          <isin value="US13080SPL24"/>
          <ticker value="CASGEN"/>
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        <balance>6500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6501418.3000000000</valUSD>
        <pctVal>0.3968670407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 3.50% 11/01/2027</title>
        <cusip>13080SSG0</cusip>
        <identifiers>
          <isin value="US13080SSG02"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1073025.8700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of South San Francisco CA</name>
        <lei>N/A</lei>
        <title>City of South San Francisco CA 5.25% 09/01/2055</title>
        <cusip>840000BD4</cusip>
        <identifiers>
          <isin value="US840000BD45"/>
          <ticker value="SSFDEV"/>
        </identifiers>
        <balance>1600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1655854.4000000000</valUSD>
        <pctVal>0.1010785655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>South Tahoe Joint Powers Financing Authority</name>
        <lei>N/A</lei>
        <title>South Tahoe Joint Powers Financing Authority 5.25% 10/01/2053</title>
        <cusip>84049MCC0</cusip>
        <identifiers>
          <isin value="US84049MCC01"/>
          <ticker value="STHPWR"/>
        </identifiers>
        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3224437.2000000000</valUSD>
        <pctVal>0.1968297978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 11/01/2028</title>
        <cusip>842471AW4</cusip>
        <identifiers>
          <isin value="US842471AW49"/>
          <ticker value="STNPWR"/>
        </identifiers>
        <balance>2150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2274232.3800000000</valUSD>
        <pctVal>0.1388263042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 11/01/2033</title>
        <cusip>842471AY0</cusip>
        <identifiers>
          <isin value="US842471AY05"/>
          <ticker value="STNPWR"/>
        </identifiers>
        <balance>3755000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4254399.6000000000</valUSD>
        <pctVal>0.2597019452</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Southern Mono Health Care District</name>
        <lei>N/A</lei>
        <title>Southern Mono Health Care District 0.00% 08/01/2026</title>
        <cusip>843387AX9</cusip>
        <identifiers>
          <isin value="US843387AX98"/>
          <ticker value="SMOMED"/>
        </identifiers>
        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1780258.1400000000</valUSD>
        <pctVal>0.1086725614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</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>Stockton Community Facilities District</name>
        <lei>N/A</lei>
        <title>Stockton Community Facilities District 4.00% 09/01/2045</title>
        <cusip>861341QX6</cusip>
        <identifiers>
          <isin value="US861341QX63"/>
          <ticker value="STOFAC"/>
        </identifiers>
        <balance>1115000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1007824.7500000000</valUSD>
        <pctVal>0.0615207956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Stockton Community Facilities District</name>
        <lei>N/A</lei>
        <title>Stockton Community Facilities District 4.00% 09/01/2050</title>
        <cusip>861341QY4</cusip>
        <identifiers>
          <isin value="US861341QY47"/>
          <ticker value="STOFAC"/>
        </identifiers>
        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1286654.1000000000</valUSD>
        <pctVal>0.0785414169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Stockton Community Facilities District</name>
        <lei>N/A</lei>
        <title>Stockton Community Facilities District 5.00% 09/01/2045</title>
        <cusip>861341TW5</cusip>
        <identifiers>
          <isin value="US861341TW53"/>
          <ticker value="STOFAC"/>
        </identifiers>
        <balance>1220000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1258434.5100000000</valUSD>
        <pctVal>0.0768188043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Stockton Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Stockton Public Financing Authority 5.00% 09/01/2037</title>
        <cusip>861395HT1</cusip>
        <identifiers>
          <isin value="US861395HT16"/>
          <ticker value="STOGEN"/>
        </identifiers>
        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2577660.2500000000</valUSD>
        <pctVal>0.1573484966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Stockton Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Stockton Public Financing Authority 5.00% 09/01/2043</title>
        <cusip>861395HU8</cusip>
        <identifiers>
          <isin value="US861395HU88"/>
          <ticker value="STOGEN"/>
        </identifiers>
        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3054930.0000000000</valUSD>
        <pctVal>0.1864825447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sulphur Springs Union School District</name>
        <lei>N/A</lei>
        <title>Sulphur Springs Union School District 5.00% 09/01/2047</title>
        <cusip>865483FV8</cusip>
        <identifiers>
          <isin value="US865483FV83"/>
          <ticker value="SULEDU"/>
        </identifiers>
        <balance>1820000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1831570.1000000000</valUSD>
        <pctVal>0.1118048050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sulphur Springs Union School District</name>
        <lei>N/A</lei>
        <title>Sulphur Springs Union School District 5.00% 09/01/2039</title>
        <cusip>865483JE2</cusip>
        <identifiers>
          <isin value="US865483JE23"/>
          <ticker value="SULEDU"/>
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        <balance>1300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1410091.2800000000</valUSD>
        <pctVal>0.0860764110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Sulphur Springs Union School District</name>
        <lei>N/A</lei>
        <title>Sulphur Springs Union School District 5.00% 09/01/2044</title>
        <cusip>865483JF9</cusip>
        <identifiers>
          <isin value="US865483JF97"/>
          <ticker value="SULEDU"/>
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        <balance>2155000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2247483.3300000000</valUSD>
        <pctVal>0.1371934580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Sunnyvale CA</name>
        <lei>N/A</lei>
        <title>City of Sunnyvale CA 7.75% 08/01/2032</title>
        <cusip>867587AC1</cusip>
        <identifiers>
          <isin value="US867587AC17"/>
          <ticker value="SUN"/>
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        <balance>4725000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4742411.6300000000</valUSD>
        <pctVal>0.2894917359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.750000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tejon Ranch Public Facilities Finance Authority</name>
        <lei>N/A</lei>
        <title>Tejon Ranch Public Facilities Finance Authority 5.00% 09/01/2045</title>
        <cusip>879083EZ2</cusip>
        <identifiers>
          <isin value="US879083EZ28"/>
          <ticker value="TEJFAC"/>
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        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5003086.0000000000</valUSD>
        <pctVal>0.3054041201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Tejon Ranch Public Facilities Finance Authority</name>
        <lei>N/A</lei>
        <title>Tejon Ranch Public Facilities Finance Authority 4.00% 09/01/2050</title>
        <cusip>879083FA6</cusip>
        <identifiers>
          <isin value="US879083FA67"/>
          <ticker value="TEJFAC"/>
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        <balance>4750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4215007.0300000000</valUSD>
        <pctVal>0.2572972987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Temecula Valley Unified School District Community Facilities District</name>
        <lei>N/A</lei>
        <title>Temecula Valley Unified School District Community Facilities District 5.00% 09/01/2043</title>
        <cusip>87970HMN2</cusip>
        <identifiers>
          <isin value="US87970HMN25"/>
          <ticker value="TMVMEL"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1018310.0000000000</valUSD>
        <pctVal>0.0621608482</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
      <invstOrSec>
        <name>Temecula Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US87972YHB56"/>
          <ticker value="TEMGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1713140.2800000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Folsom Ranch Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US344414DJ32"/>
          <ticker value="FRAGEN"/>
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        <curCd>USD</curCd>
        <valUSD>2039768.0900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>344414FX0</cusip>
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          <isin value="US344414FX08"/>
          <ticker value="FRAGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Housing Finance Agency</name>
        <lei>549300BOPCVLBA552Z14</lei>
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          <isin value="US13033DAE58"/>
          <ticker value="CASHSG"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-20</maturityDt>
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      <invstOrSec>
        <name>Temecula Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US87972YHR09"/>
          <ticker value="TEMGEN"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>Temescal Valley Water District</name>
        <lei>N/A</lei>
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          <isin value="US87975CAV37"/>
          <ticker value="LEEWTR"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SACRAMENTO COUNTY TOBACCO</name>
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        <cusip>888794BX1</cusip>
        <identifiers>
          <isin value="US888794BX16"/>
          <ticker value="TOBGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1309803.4500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>344414FY8</cusip>
        <identifiers>
          <isin value="US344414FY80"/>
          <ticker value="FRAGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1294598.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</annualizedRt>
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      <invstOrSec>
        <name>Folsom Ranch Financing Authority</name>
        <lei>N/A</lei>
        <title>Folsom Ranch Financing Authority 5.13% 09/01/2052</title>
        <cusip>344414FZ5</cusip>
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          <isin value="US344414FZ55"/>
          <ticker value="FRAGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Silicon Valley Tobacco Securitization Authority</name>
        <lei>N/A</lei>
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        <cusip>82706TAE1</cusip>
        <identifiers>
          <isin value="US82706TAE10"/>
          <ticker value="SILGEN"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Simi Valley Unified School District</name>
        <lei>N/A</lei>
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          <ticker value="SIMSCD"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
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        <cusip>13034A2K5</cusip>
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          <isin value="US13034A2K58"/>
          <ticker value="CASDEV"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNIVERSITY OF CALIFORNIA</name>
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        <cusip>13034A7A2</cusip>
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          <isin value="US13034A7A22"/>
          <ticker value="CASDEV"/>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of South San Francisco CA</name>
        <lei>N/A</lei>
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          <isin value="US840000AP83"/>
          <ticker value="SSFDEV"/>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US840000AQ66"/>
          <ticker value="SSFDEV"/>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
        <title>City of South San Francisco CA 5.13% 09/01/2050</title>
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          <isin value="US840000BC61"/>
          <ticker value="SSFDEV"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2031</title>
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          <isin value="US13034A7D60"/>
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        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5751378.5000000000</valUSD>
        <pctVal>0.3510822500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DESERTXPRESS ENTERPRISES LLC</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 12.00% 01/01/2065</title>
        <cusip>13034A7E4</cusip>
        <identifiers>
          <isin value="US13034A7E44"/>
          <ticker value="CASDEV"/>
        </identifiers>
        <balance>8655000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4673700.0000000000</valUSD>
        <pctVal>0.2852973617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>12.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA SCIENCE CTR</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 4.00% 05/01/2051</title>
        <cusip>13034AV23</cusip>
        <identifiers>
          <isin value="US13034AV232"/>
          <ticker value="CASDEV"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3768353.2000000000</valUSD>
        <pctVal>0.2300321428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SV HSG PRESERVATION LP</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency 4.10% 07/01/2040</title>
        <cusip>13034DAM6</cusip>
        <identifiers>
          <isin value="US13034DAM65"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>3330000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3405774.1500000000</valUSD>
        <pctVal>0.2078991761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AH HSG PRESERVATION LP</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency 4.10% 09/01/2040</title>
        <cusip>13034DAP9</cusip>
        <identifiers>
          <isin value="US13034DAP96"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>10000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10410586.0000000000</valUSD>
        <pctVal>0.6354949439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2049</title>
        <cusip>13035ADV8</cusip>
        <identifiers>
          <isin value="US13035ADV89"/>
          <ticker value="CASEDU"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1563194.5500000000</valUSD>
        <pctVal>0.0954223166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN JOSE S 1ST ST ASSOC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 12/01/2044</title>
        <cusip>130483GN4</cusip>
        <identifiers>
          <isin value="US130483GN40"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5489338.0000000000</valUSD>
        <pctVal>0.3350864730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WITMER MANOR CMNTY PARTNE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.88% 11/01/2043</title>
        <cusip>130483HW3</cusip>
        <identifiers>
          <isin value="US130483HW30"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>1450000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1547078.6600000000</valUSD>
        <pctVal>0.0944385519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAISON'S SIERRA PHASE 2</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.45% 11/01/2043</title>
        <cusip>130483JT8</cusip>
        <identifiers>
          <isin value="US130483JT82"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>2175000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2265068.0600000000</valUSD>
        <pctVal>0.1382668852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.450000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VILLAGE GREEN TAX CREDIT</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.13% 11/01/2041</title>
        <cusip>130483JV3</cusip>
        <identifiers>
          <isin value="US130483JV39"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>4950000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5083049.0700000000</valUSD>
        <pctVal>0.3102853176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANTA ROSA ACADEMY LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.38% 07/01/2045</title>
        <cusip>130486AT0</cusip>
        <identifiers>
          <isin value="US130486AT05"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>1400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1384652.2200000000</valUSD>
        <pctVal>0.0845235306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RIVER CHARTER SCHOOLS</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.50% 06/01/2048</title>
        <cusip>13048DCF3</cusip>
        <identifiers>
          <isin value="US13048DCF33"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>2265000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2217188.1200000000</valUSD>
        <pctVal>0.1353441430</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.05% 07/20/2041</title>
        <cusip>13050WAG6</cusip>
        <identifiers>
          <isin value="US13050WAG69"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5061631.5000000000</valUSD>
        <pctVal>0.3089779217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.050000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 09/01/2043</title>
        <cusip>13051AAS7</cusip>
        <identifiers>
          <isin value="US13051AAS78"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>986404.1000000000</valUSD>
        <pctVal>0.0602132116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 09/01/2050</title>
        <cusip>13051AAT5</cusip>
        <identifiers>
          <isin value="US13051AAT51"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1343021.4000000000</valUSD>
        <pctVal>0.0819822543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2057</title>
        <cusip>13051AEK0</cusip>
        <identifiers>
          <isin value="US13051AEK07"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5043997.5000000000</valUSD>
        <pctVal>0.3079014868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMANATE HLTH OBLIG GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.00% 04/01/2045</title>
        <cusip>13080SX58</cusip>
        <identifiers>
          <isin value="US13080SX589"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1981802.0000000000</valUSD>
        <pctVal>0.1209754332</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>California Statewide Financing Authority</name>
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        <name>City of Riverside CA Sewer Revenue</name>
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        <name>Riverside Unified School District</name>
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      <invstOrSec>
        <name>West Contra Costa Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of West Sacramento CA Enhanced Infrastructure Financing District No 1</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isin value="US955636AD77"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>William S Hart Union High School District</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>William S Hart Union High School District</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>William S Hart Union High School District</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Yorba Linda Water District Public Financing Corp</name>
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        <name>CSCDA Community Improvement Authority</name>
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      <invstOrSec>
        <name>City of Dublin CA</name>
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      <invstOrSec>
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          <isin value="US26362DBU19"/>
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      <invstOrSec>
        <name>City of Dublin CA Community Facilities District No 2015-1</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>City of Dublin CA Community Facilities District No 2015-1</name>
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          <isin value="US26362RAL15"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>East Garrison Public Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US272272AX31"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Eastern Municipal Water District Community Facilities District</name>
        <lei>549300ZCFVRFDIRWK089</lei>
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          <ticker value="EASWTR"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of El Dorado CA</name>
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          <ticker value="EDRGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>El Rancho Unified School District</name>
        <lei>N/A</lei>
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          <ticker value="ERNSCD"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US544532QN74"/>
          <ticker value="LOSUTL"/>
        </identifiers>
        <balance>6440000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7235666.5100000000</valUSD>
        <pctVal>0.4416878630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-04-28</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century California Tax Free &amp; Municipal Funds</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
