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        <name>State of California</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIEW AT SAN BRUNO LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 06/01/2056</title>
        <cusip>130483HC7</cusip>
        <identifiers>
          <isin value="US130483HC75"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>1875000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1989798.1900000000</valUSD>
        <pctVal>0.0896758665</pctVal>
        <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>Variable</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>WILDOMAR FAMILY HSG LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 3.05% 12/01/2064</title>
        <cusip>130483HT0</cusip>
        <identifiers>
          <isin value="US130483HT01"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>2300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2323587.8800000000</valUSD>
        <pctVal>0.1047190401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.050000000000000</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>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>0.0697234624</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>
        </debtSec>
        <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 4.70% 07/01/2041</title>
        <cusip>130483HZ6</cusip>
        <identifiers>
          <isin value="US130483HZ60"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>4735000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5071706.8000000000</valUSD>
        <pctVal>0.2285707686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.700000000000000</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>5435 BALBOA LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 3.15% 08/01/2059</title>
        <cusip>130483JB7</cusip>
        <identifiers>
          <isin value="US130483JB74"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>1650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1662434.4000000000</valUSD>
        <pctVal>0.0749222941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.150000000000000</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>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>2725000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2837843.8900000000</valUSD>
        <pctVal>0.1278954373</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>
        </debtSec>
        <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>0.2290819400</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>4252 CRENSHAW PRESERVATIO</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 3.75% 12/01/2035</title>
        <cusip>130483KH2</cusip>
        <identifiers>
          <isin value="US130483KH26"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2562918.7500000000</valUSD>
        <pctVal>0.1155051606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.750000000000000</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>PALMDALE FAMILY HSG LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 2.95% 01/01/2056</title>
        <cusip>130483KM1</cusip>
        <identifiers>
          <isin value="US130483KM11"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>1750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1763408.8500000000</valUSD>
        <pctVal>0.0794729925</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>Variable</couponKind>
          <annualizedRt>2.950000000000000</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>6033 DE SOTO LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 2.95% 01/01/2056</title>
        <cusip>130483KP4</cusip>
        <identifiers>
          <isin value="US130483KP42"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4034255.6000000000</valUSD>
        <pctVal>0.1818151048</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>Variable</couponKind>
          <annualizedRt>2.950000000000000</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>EL CAMINO PA LP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 2.50% 03/01/2046</title>
        <cusip>130483KW9</cusip>
        <identifiers>
          <isin value="US130483KW92"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2001022.0000000000</valUSD>
        <pctVal>0.0901816991</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>Variable</couponKind>
          <annualizedRt>2.500000000000000</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>UNIVERSITY OF LA VERNE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 06/01/2026</title>
        <cusip>13048T2F9</cusip>
        <identifiers>
          <isin value="US13048T2F97"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006272.3000000000</valUSD>
        <pctVal>0.0453504988</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF LA VERNE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 06/01/2028</title>
        <cusip>13048T2H5</cusip>
        <identifiers>
          <isin value="US13048T2H53"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1026288.2000000000</valUSD>
        <pctVal>0.0462525718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>EISENHOWER MEDICAL CENTER</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2026</title>
        <cusip>13048T3Y7</cusip>
        <identifiers>
          <isin value="US13048T3Y77"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>2260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2272634.3000000000</valUSD>
        <pctVal>0.1024226733</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EISENHOWER MEDICAL CENTER</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2029</title>
        <cusip>13048T4B6</cusip>
        <identifiers>
          <isin value="US13048T4B65"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>2100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2153256.6300000000</valUSD>
        <pctVal>0.0970425820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>EISENHOWER MEDICAL CENTER</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2034</title>
        <cusip>13048T5B5</cusip>
        <identifiers>
          <isin value="US13048T5B56"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1533360.0000000000</valUSD>
        <pctVal>0.0691051923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</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>EMERSON COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 01/01/2029</title>
        <cusip>13048T5Z2</cusip>
        <identifiers>
          <isin value="US13048T5Z25"/>
          <ticker value="CASFIN"/>
        </identifiers>
        <balance>1350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1396368.7200000000</valUSD>
        <pctVal>0.0629312940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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          <isin value="US13048T6B48"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
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          <isin value="US13048T6C21"/>
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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 Los Angeles Department of Airports</name>
        <lei>N/A</lei>
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          <isin value="US544445M309"/>
          <ticker value="LOSAPT"/>
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        <payoffProfile>Long</payoffProfile>
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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>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
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          <isin value="US544445P377"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
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          <isin value="US544445QK81"/>
          <ticker value="LOSAPT"/>
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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>COMMONSPIRIT HLTH OBLIG</name>
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        <cusip>13032UXB9</cusip>
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          <ticker value="CASMED"/>
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        <curCd>USD</curCd>
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        <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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        <cusip>13033DAA3</cusip>
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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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        <cusip>13033DAE5</cusip>
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          <isin value="US13033DAE58"/>
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        <name>CALIFORNIA ACDMY SCIENCES</name>
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        <lei>549300C1OG9RDIM8ET06</lei>
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        <name>THE IGNATIAN CORPORATION</name>
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        <cusip>13048VU71</cusip>
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        <issuerCat>MUN</issuerCat>
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        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2043</title>
        <cusip>13048VU89</cusip>
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          <ticker value="CASFIN"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <isin value="US13048VU974"/>
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      <invstOrSec>
        <name>CMNTY HLTH CTRS CTL COAST</name>
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          <isin value="US13048VUV88"/>
          <ticker value="CASFIN"/>
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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>CMNTY HLTH CTRS CTL COAST</name>
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          <isin value="US13048VUZ92"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2030</title>
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          <isin value="US13048VY695"/>
          <ticker value="CASFIN"/>
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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>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2032</title>
        <cusip>13048VY85</cusip>
        <identifiers>
          <isin value="US13048VY851"/>
          <ticker value="CASFIN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1301562.6900000000</valUSD>
        <pctVal>0.0586585929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</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>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2033</title>
        <cusip>13048VY93</cusip>
        <identifiers>
          <isin value="US13048VY935"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>2055873.6300000000</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>2033-11-15</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <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% 11/15/2034</title>
        <cusip>13048VZ27</cusip>
        <identifiers>
          <isin value="US13048VZ270"/>
          <ticker value="CASFIN"/>
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        <balance>1280000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1435820.6700000000</valUSD>
        <pctVal>0.0647093074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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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% 11/15/2035</title>
        <cusip>13048VZ35</cusip>
        <identifiers>
          <isin value="US13048VZ353"/>
          <ticker value="CASFIN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1494185.7600000000</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>2035-11-15</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>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2037</title>
        <cusip>13048VZ50</cusip>
        <identifiers>
          <isin value="US13048VZ502"/>
          <ticker value="CASFIN"/>
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        <balance>2210000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2436509.5300000000</valUSD>
        <pctVal>0.1098081727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</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>Guam Power Authority</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority 5.00% 10/01/2030</title>
        <cusip>400653KR1</cusip>
        <identifiers>
          <isin value="US400653KR17"/>
          <ticker value="GMSPWR"/>
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        <balance>150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>162734.6900000000</valUSD>
        <pctVal>0.0073340977</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>
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        <securityLending>
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      <invstOrSec>
        <name>Guam Power Authority</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority 5.00% 10/01/2034</title>
        <cusip>400653KV2</cusip>
        <identifiers>
          <isin value="US400653KV29"/>
          <ticker value="GMSPWR"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</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>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2026</title>
        <cusip>40065FCS1</cusip>
        <identifiers>
          <isin value="US40065FCS11"/>
          <ticker value="GMSUTL"/>
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        <curCd>USD</curCd>
        <valUSD>503792.0500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2027</title>
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          <isin value="US40065FCT93"/>
          <ticker value="GMSUTL"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2035</title>
        <cusip>40065FEX8</cusip>
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          <isin value="US40065FEX87"/>
          <ticker value="GMSUTL"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2036</title>
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          <isin value="US40065FEY60"/>
          <ticker value="GMSUTL"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2037</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority 5.00% 07/01/2038</title>
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          <ticker value="GMSUTL"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
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          <isin value="US40065FFB58"/>
          <ticker value="GMSUTL"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</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>
      <invstOrSec>
        <name>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
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          <isin value="US40065FFC32"/>
          <ticker value="GMSUTL"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</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>Guam Government Waterworks Authority</name>
        <lei>N/A</lei>
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          <isin value="US40065FFD15"/>
          <ticker value="GMSUTL"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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      <invstOrSec>
        <name>Territory of Guam</name>
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          <isin value="US40065NCW56"/>
          <ticker value="GMSGEN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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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="US40065NCX30"/>
          <ticker value="GMSGEN"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Territory of Guam</name>
        <lei>N/A</lei>
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          <isin value="US40065NCY13"/>
          <ticker value="GMSGEN"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Hanford Joint Union High School District</name>
        <lei>N/A</lei>
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          <isin value="US410360JS12"/>
          <ticker value="HANSCD"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Hastings Campus Housing Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US418338AA70"/>
          <ticker value="HCHGEN"/>
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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>University of California College of the Law San Francisco</name>
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          <ticker value="HASHGR"/>
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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>Hayward Unified School District</name>
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      <invstOrSec>
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      <invstOrSec>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Washington Township Health Care District</name>
        <lei>N/A</lei>
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          <isin value="US940642FW65"/>
          <ticker value="WASMED"/>
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        <valUSD>176345.8100000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <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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          <isin value="US940642FX49"/>
          <ticker value="WASMED"/>
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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>Washington Township Health Care District</name>
        <lei>N/A</lei>
        <title>Washington Township Health Care District 5.25% 08/01/2039</title>
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          <isin value="US940642FY22"/>
          <ticker value="WASMED"/>
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        <valUSD>348184.3500000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Township Health Care District</name>
        <lei>N/A</lei>
        <title>Washington Township Health Care District 5.25% 08/01/2040</title>
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          <isin value="US940642FZ96"/>
          <ticker value="WASMED"/>
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        <curCd>USD</curCd>
        <valUSD>578330.7000000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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      <invstOrSec>
        <name>West Contra Costa Unified School District</name>
        <lei>N/A</lei>
        <title>West Contra Costa Unified School District 5.00% 08/01/2034</title>
        <cusip>95234ABC8</cusip>
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          <isin value="US95234ABC80"/>
          <ticker value="WCC"/>
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        <balance>2000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2451687.6000000000</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>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>West Contra Costa Unified School District</name>
        <lei>N/A</lei>
        <title>West Contra Costa Unified School District 4.00% 08/01/2041</title>
        <cusip>95234ABK0</cusip>
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          <isin value="US95234ABK07"/>
          <ticker value="WCC"/>
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        <balance>900000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>942714.9000000000</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>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of West Sacramento CA Enhanced Infrastructure Financing District No 1</name>
        <lei>N/A</lei>
        <title>City of West Sacramento CA Enhanced Infrastructure Financing District No 1 5.00% 09/01/2040</title>
        <cusip>955636AA3</cusip>
        <identifiers>
          <isin value="US955636AA39"/>
          <ticker value="WSRGEN"/>
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        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>918681.9200000000</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>2040-09-01</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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      <invstOrSec>
        <name>City of West Sacramento CA Enhanced Infrastructure Financing District No 1</name>
        <lei>N/A</lei>
        <title>City of West Sacramento CA Enhanced Infrastructure Financing District No 1 5.00% 09/01/2045</title>
        <cusip>955636AB1</cusip>
        <identifiers>
          <isin value="US955636AB12"/>
          <ticker value="WSRGEN"/>
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        <balance>2250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2443556.7000000000</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>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>West Valley-Mission Community College District</name>
        <lei>N/A</lei>
        <title>West Valley-Mission Community College District 5.00% 08/01/2038</title>
        <cusip>95640HKC1</cusip>
        <identifiers>
          <isin value="US95640HKC15"/>
          <ticker value="WTVHGR"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150746.4000000000</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>2038-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Western Placer Waste Management Authority</name>
        <lei>N/A</lei>
        <title>Western Placer Waste Management Authority 4.00% 06/01/2042</title>
        <cusip>95921MAU1</cusip>
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          <isin value="US95921MAU18"/>
          <ticker value="WRLUTL"/>
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        <balance>4770000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4838271.5800000000</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>2042-06-01</maturityDt>
          <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>Whittier Union High School District</name>
        <lei>N/A</lei>
        <title>Whittier Union High School District 4.00% 08/01/2043</title>
        <cusip>966782TV6</cusip>
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          <isin value="US966782TV65"/>
          <ticker value="WHISCD"/>
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        <balance>2000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2056868.8000000000</valUSD>
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        <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>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Whittier Union High School District</name>
        <lei>N/A</lei>
        <title>Whittier Union High School District 4.00% 08/01/2046</title>
        <cusip>966782TW4</cusip>
        <identifiers>
          <isin value="US966782TW49"/>
          <ticker value="WHISCD"/>
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        <curCd>USD</curCd>
        <valUSD>4007285.2000000000</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>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>William S Hart Union High School District</name>
        <lei>N/A</lei>
        <title>William S Hart Union High School District 5.00% 09/01/2044</title>
        <cusip>969281JT2</cusip>
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          <isin value="US969281JT20"/>
          <ticker value="WSHSCD"/>
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        <curCd>USD</curCd>
        <valUSD>402355.9900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
        <lei>5493001TPOZL3UK8DX25</lei>
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          <isin value="US79770GKL94"/>
          <ticker value="SFRDEV"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <lei>5493001TPOZL3UK8DX25</lei>
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          <ticker value="SFRDEV"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
        <lei>5493001TPOZL3UK8DX25</lei>
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          <ticker value="SFRDEV"/>
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        <valUSD>1499268.7500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <name>San Francisco City &amp; County Public Utilities Commission Power Revenue</name>
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        <name>Transbay Joint Powers Authority</name>
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      <invstOrSec>
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          <isin value="US568061DK88"/>
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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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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Menifee Union School District</name>
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          <isin value="US586807KS74"/>
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      <invstOrSec>
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        <name>Metropolitan Water District of Southern California</name>
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        <name>Truckee Redevelopment Successor Agency</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tulare Local Health Care District</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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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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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Tustin Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US901049AC08"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US901049AD80"/>
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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>
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        <lei>N/A</lei>
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          <isin value="US901049AE63"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Tustin Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US901049AF39"/>
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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>Tustin Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US901049AG12"/>
          <ticker value="TUSGEN"/>
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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>Tustin Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US901049AH94"/>
          <ticker value="TUSGEN"/>
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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>Tustin Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US901049AJ50"/>
          <ticker value="TUSGEN"/>
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        <issuerCat>MUN</issuerCat>
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        <lei>N/A</lei>
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          <isin value="US901049AK24"/>
          <ticker value="TUSGEN"/>
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        <name>Regents of the University of California Medical Center Pooled Revenue 0.40% 05/15/2032</name>
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        <name>GREEN DOT PUBLIC SCHS OBG</name>
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        <name>GRANADA HILLS CHTR OBLIG</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</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>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 07/01/2038</title>
        <cusip>13059THC6</cusip>
        <identifiers>
          <isin value="US13059THC62"/>
          <ticker value="CASSCD"/>
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        <balance>465000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>465307.6000000000</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>2038-07-01</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>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 07/01/2048</title>
        <cusip>13059THD4</cusip>
        <identifiers>
          <isin value="US13059THD46"/>
          <ticker value="CASSCD"/>
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        <balance>680000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>577202.1600000000</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>2048-07-01</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>Oakland Unified School District/Alameda County</name>
        <lei>N/A</lei>
        <title>Oakland Unified School District/Alameda County 5.25% 08/01/2041</title>
        <cusip>672325R25</cusip>
        <identifiers>
          <isin value="US672325R256"/>
          <ticker value="OAKSCD"/>
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        <balance>2250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2555079.3000000000</valUSD>
        <pctVal>0.1151518537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</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>Oakland Unified School District/Alameda County</name>
        <lei>N/A</lei>
        <title>Oakland Unified School District/Alameda County 5.00% 08/01/2028</title>
        <cusip>672325ZU4</cusip>
        <identifiers>
          <isin value="US672325ZU41"/>
          <ticker value="OAKSCD"/>
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        <balance>1185000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1199297.5000000000</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>2028-08-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Oakland CA Sewer Revenue</name>
        <lei>N/A</lei>
        <title>City of Oakland CA Sewer Revenue 5.00% 06/15/2026</title>
        <cusip>67232NBW7</cusip>
        <identifiers>
          <isin value="US67232NBW74"/>
          <ticker value="OAKUTL"/>
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        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1208163.6000000000</valUSD>
        <pctVal>0.0544492995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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 Ontario CA Community Facilities District No 30</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 30 4.00% 09/01/2026</title>
        <cusip>68303KAH9</cusip>
        <identifiers>
          <isin value="US68303KAH95"/>
          <ticker value="ONTFAC"/>
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        <balance>340000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>341978.0200000000</valUSD>
        <pctVal>0.0154122038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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 Ontario CA Community Facilities District No 30</name>
        <lei>N/A</lei>
        <title>City of Ontario CA Community Facilities District No 30 4.00% 09/01/2029</title>
        <cusip>68303KAL0</cusip>
        <identifiers>
          <isin value="US68303KAL08"/>
          <ticker value="ONTFAC"/>
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        <balance>230000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>234020.9100000000</valUSD>
        <pctVal>0.0105468122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.00% 09/01/2038</title>
        <cusip>68304NFG9</cusip>
        <identifiers>
          <isin value="US68304NFG97"/>
          <ticker value="ONTGEN"/>
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        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1305433.0800000000</valUSD>
        <pctVal>0.0588330229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <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 5.25% 09/01/2043</title>
        <cusip>68304NFH7</cusip>
        <identifiers>
          <isin value="US68304NFH70"/>
          <ticker value="ONTGEN"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1071371.5000000000</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>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
        <title>City of Ontario CA 5.00% 09/01/2039</title>
        <cusip>68304NFW4</cusip>
        <identifiers>
          <isin value="US68304NFW48"/>
          <ticker value="ONTGEN"/>
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        <curCd>USD</curCd>
        <valUSD>539217.7000000000</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>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Ontario CA</name>
        <lei>254900FN91TH1F225693</lei>
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          <isin value="US68304NFX21"/>
          <ticker value="ONTGEN"/>
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        <curCd>USD</curCd>
        <valUSD>524350.2500000000</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Poway Unified School District</name>
        <lei>N/A</lei>
        <title>Poway Unified School District 0.00% 08/01/2041</title>
        <cusip>738850RG3</cusip>
        <identifiers>
          <isin value="US738850RG33"/>
          <ticker value="POWSCD"/>
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        <balance>4890000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2832664.5300000000</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>None</couponKind>
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          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Poway Unified School District Public Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>73885QKF5</cusip>
        <identifiers>
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          <ticker value="POWEDU"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1649591.3000000000</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>
          <isDefault>N</isDefault>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <identifiers>
          <isin value="US74514L4G98"/>
          <ticker value="PRC"/>
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        <balance>1581310.1700000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>978435.6700000000</valUSD>
        <pctVal>0.0440959626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>2631074.0000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</name>
        <lei>N/A</lei>
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          <ticker value="PRCGEN"/>
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        <curCd>USD</curCd>
        <valUSD>3006205.2000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</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>
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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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        <cusip>75211RSF5</cusip>
        <identifiers>
          <isin value="US75211RSF54"/>
          <ticker value="RCRFAC"/>
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        <balance>585000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>604339.9200000000</valUSD>
        <pctVal>0.0272362827</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>
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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 Rancho Cordova CA</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA 5.00% 09/01/2041</title>
        <cusip>75211RTA5</cusip>
        <identifiers>
          <isin value="US75211RTA58"/>
          <ticker value="RCRFAC"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>428290.7600000000</valUSD>
        <pctVal>0.0193021308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</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>Rancho Cucamonga Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Rancho Cucamonga Redevelopment Agency Successor Agency 5.00% 09/01/2031</title>
        <cusip>75212CBR9</cusip>
        <identifiers>
          <isin value="US75212CBR97"/>
          <ticker value="RCMDEV"/>
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        <balance>1775000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2061149.5300000000</valUSD>
        <pctVal>0.0928915158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</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>Rancho Cucamonga Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Rancho Cucamonga Redevelopment Agency Successor Agency 5.00% 09/01/2032</title>
        <cusip>75212CBS7</cusip>
        <identifiers>
          <isin value="US75212CBS70"/>
          <ticker value="RCMDEV"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1184400.6000000000</valUSD>
        <pctVal>0.0533783529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</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>Rancho Santa Fe Community Services District</name>
        <lei>N/A</lei>
        <title>Rancho Santa Fe Community Services District 5.00% 09/01/2027</title>
        <cusip>75213RBU8</cusip>
        <identifiers>
          <isin value="US75213RBU86"/>
          <ticker value="RSFFAC"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1519687.6500000000</valUSD>
        <pctVal>0.0684890093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>SHARP HEALTHCARE OBLIG</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 08/01/2028</title>
        <cusip>13057EHA5</cusip>
        <identifiers>
          <isin value="US13057EHA55"/>
          <ticker value="CASGEN"/>
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        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4306331.6000000000</valUSD>
        <pctVal>0.1940769770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</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>SHARP HEALTHCARE OBLIG</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 08/01/2030</title>
        <cusip>13057EHC1</cusip>
        <identifiers>
          <isin value="US13057EHC12"/>
          <ticker value="CASGEN"/>
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        <balance>3250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3692899.6000000000</valUSD>
        <pctVal>0.1664309341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>PIH HLTH INC OBLIG GROUP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 06/01/2027</title>
        <cusip>13057EHY3</cusip>
        <identifiers>
          <isin value="US13057EHY32"/>
          <ticker value="CASGEN"/>
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        <balance>1070000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1104873.1200000000</valUSD>
        <pctVal>0.0497942228</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>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>PIH HLTH INC OBLIG GROUP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 06/01/2028</title>
        <cusip>13057EHZ0</cusip>
        <identifiers>
          <isin value="US13057EHZ07"/>
          <ticker value="CASGEN"/>
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        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>737414.7900000000</valUSD>
        <pctVal>0.0332336769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Monterey Peninsula Community College District</name>
        <lei>549300C8NLDKBLGMK366</lei>
        <title>Monterey Peninsula Community College District 4.00% 08/01/2044</title>
        <cusip>612574FR9</cusip>
        <identifiers>
          <isin value="US612574FR93"/>
          <ticker value="MONHGR"/>
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        <balance>650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>660439.9100000000</valUSD>
        <pctVal>0.0297645869</pctVal>
        <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>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>
        <name>Moreno Valley Unified School District Community Facilities District</name>
        <lei>N/A</lei>
        <title>Moreno Valley Unified School District Community Facilities District 4.00% 09/01/2036</title>
        <cusip>616874UP6</cusip>
        <identifiers>
          <isin value="US616874UP60"/>
          <ticker value="MVYSCD"/>
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        <balance>750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>764675.3300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Moreno Valley Unified School District Community Facilities District</name>
        <lei>N/A</lei>
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        <cusip>616874UQ4</cusip>
        <identifiers>
          <isin value="US616874UQ44"/>
          <ticker value="MVYSCD"/>
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        <balance>1625000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1598500.1500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Moreno Valley Unified School District Community Facilities District</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US616874WQ26"/>
          <ticker value="MVYSCD"/>
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        <balance>500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>531139.5000000000</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>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Moreno Valley Unified School District Community Facilities District</name>
        <lei>N/A</lei>
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        <cusip>616874WR0</cusip>
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          <isin value="US616874WR09"/>
          <ticker value="MVYSCD"/>
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        <balance>750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>772462.9500000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mt San Antonio Community College District</name>
        <lei>N/A</lei>
        <title>Mt San Antonio Community College District 5.00% 08/01/2042</title>
        <cusip>623040PV8</cusip>
        <identifiers>
          <isin value="US623040PV80"/>
          <ticker value="MSAHGR"/>
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        <balance>2900000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3347010.9300000000</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>
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      <invstOrSec>
        <name>Mt San Antonio Community College District</name>
        <lei>N/A</lei>
        <title>Mt San Antonio Community College District 5.00% 08/01/2045</title>
        <cusip>623040QH8</cusip>
        <identifiers>
          <isin value="US623040QH87"/>
          <ticker value="MSAHGR"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1124767.4000000000</valUSD>
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        <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>
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      <invstOrSec>
        <name>Mountain View School District School Facilities Improvement District No 2</name>
        <lei>N/A</lei>
        <title>Mountain View School District School Facilities Improvement District No 2 0.00% 07/01/2029</title>
        <cusip>62440CAY7</cusip>
        <identifiers>
          <isin value="US62440CAY75"/>
          <ticker value="MOUSCD"/>
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        <balance>7495000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6688407.5900000000</valUSD>
        <pctVal>0.3014319486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>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>Mountain View Los Altos Union High School District/CA</name>
        <lei>N/A</lei>
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        <cusip>624454MY7</cusip>
        <identifiers>
          <isin value="US624454MY79"/>
          <ticker value="MOUSCD"/>
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        <balance>4135000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4619392.9200000000</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>2033-08-01</maturityDt>
          <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mountain View-Whisman School District</name>
        <lei>N/A</lei>
        <title>Mountain View-Whisman School District 4.25% 09/01/2045</title>
        <cusip>62451FME7</cusip>
        <identifiers>
          <isin value="US62451FME78"/>
          <ticker value="MOUSCD"/>
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        <balance>5750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5845122.8300000000</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>4.250000000000000</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>Napa Valley Unified School District</name>
        <lei>N/A</lei>
        <title>Napa Valley Unified School District 5.00% 08/01/2043</title>
        <cusip>630362GS4</cusip>
        <identifiers>
          <isin value="US630362GS40"/>
          <ticker value="NPVSCD"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>395391.4300000000</valUSD>
        <pctVal>0.0178194298</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>5.000000000000000</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>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority 3.92% 07/20/2039</title>
        <cusip>63607WBB9</cusip>
        <identifiers>
          <isin value="US63607WBB90"/>
          <ticker value="NFADEV"/>
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        <balance>6057770.2500000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6052894.3500000000</valUSD>
        <pctVal>0.2727907524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <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>New Haven Unified School District</name>
        <lei>N/A</lei>
        <title>New Haven Unified School District 4.00% 08/01/2038</title>
        <cusip>645002G42</cusip>
        <identifiers>
          <isin value="US645002G423"/>
          <ticker value="NWHSCD"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254862.6300000000</valUSD>
        <pctVal>0.0114861031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>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>North Lake Tahoe Public Financing Authority</name>
        <lei>N/A</lei>
        <title>North Lake Tahoe Public Financing Authority 5.25% 12/01/2042</title>
        <cusip>66038WBH8</cusip>
        <identifiers>
          <isin value="US66038WBH88"/>
          <ticker value="NLTGEN"/>
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        <balance>3250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3593158.4000000000</valUSD>
        <pctVal>0.1619358156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</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>Northern California Energy Authority</name>
        <lei>5493001ZIJGWU7HYLH34</lei>
        <title>Northern California Energy Authority 5.00% 12/01/2054</title>
        <cusip>664840AL9</cusip>
        <identifiers>
          <isin value="US664840AL93"/>
          <ticker value="NCEPWR"/>
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        <balance>10000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10779675.0000000000</valUSD>
        <pctVal>0.4858164514</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>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>Northern California Transmission Agency</name>
        <lei>549300Q5SNIPZIW57C52</lei>
        <title>Northern California Transmission Agency 5.00% 05/01/2028</title>
        <cusip>664848BN7</cusip>
        <identifiers>
          <isin value="US664848BN76"/>
          <ticker value="NORGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1004666.8000000000</valUSD>
        <pctVal>0.0452781424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Northern California Transmission Agency</name>
        <lei>549300Q5SNIPZIW57C52</lei>
        <title>Northern California Transmission Agency 5.00% 05/01/2029</title>
        <cusip>664848BP2</cusip>
        <identifiers>
          <isin value="US664848BP25"/>
          <ticker value="NORGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1004639.1000000000</valUSD>
        <pctVal>0.0452768940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</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>Northern California Transmission Agency</name>
        <lei>549300Q5SNIPZIW57C52</lei>
        <title>Northern California Transmission Agency 5.00% 05/01/2030</title>
        <cusip>664848BQ0</cusip>
        <identifiers>
          <isin value="US664848BQ08"/>
          <ticker value="NORGEN"/>
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        <balance>1855000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1863672.8700000000</valUSD>
        <pctVal>0.0839916732</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>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>Northern California Sanitation Agencies Financing Authority</name>
        <lei>549300MSDPX3EYMUYV38</lei>
        <title>Northern California Sanitation Agencies Financing Authority 5.00% 12/01/2039</title>
        <cusip>66484EAR6</cusip>
        <identifiers>
          <isin value="US66484EAR62"/>
          <ticker value="SACUTL"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1189378.4000000000</valUSD>
        <pctVal>0.0536026915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>American Century California Municipal Bond ETF</name>
        <lei>254900SECH1HRR3W0D53</lei>
        <title>American Century California Municipal Bond ETF</title>
        <cusip>025072117</cusip>
        <identifiers>
          <isin value="US0250721174"/>
          <ticker value="CATF"/>
          <other otherDesc="SEDOL" value="BRT4WF0"/>
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        <balance>206600.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10553128.0000000000</valUSD>
        <pctVal>0.4756064720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hayward Unified School District</name>
        <lei>N/A</lei>
        <title>Hayward Unified School District 4.00% 08/01/2039</title>
        <cusip>4212904Y0</cusip>
        <identifiers>
          <isin value="US4212904Y02"/>
          <ticker value="HAYSCD"/>
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        <balance>2360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2395094.1400000000</valUSD>
        <pctVal>0.1079416713</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>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>Hayward Unified School District</name>
        <lei>N/A</lei>
        <title>Hayward Unified School District 4.00% 08/01/2043</title>
        <cusip>4212905R4</cusip>
        <identifiers>
          <isin value="US4212905R42"/>
          <ticker value="HAYSCD"/>
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        <balance>2520000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2516954.3300000000</valUSD>
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        <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>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>Hercules Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Hercules Redevelopment Agency Successor Agency 5.00% 08/01/2042</title>
        <cusip>427078AB6</cusip>
        <identifiers>
          <isin value="US427078AB66"/>
          <ticker value="HERDEV"/>
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        <balance>7235000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7862791.0800000000</valUSD>
        <pctVal>0.3543588523</pctVal>
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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>
          <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>Hesperia Community Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Hesperia Community Redevelopment Agency Successor Agency 5.00% 09/01/2033</title>
        <cusip>42806KAH6</cusip>
        <identifiers>
          <isin value="US42806KAH68"/>
          <ticker value="HESDEV"/>
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        <balance>4195000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4465821.6500000000</valUSD>
        <pctVal>0.2012648458</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</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>Yosemite Community College District</name>
        <lei>N/A</lei>
        <title>Yosemite Community College District 0.00% 08/01/2031</title>
        <cusip>987388DH5</cusip>
        <identifiers>
          <isin value="US987388DH57"/>
          <ticker value="YOSHGR"/>
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        <balance>1210000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1057098.3500000000</valUSD>
        <pctVal>0.0476411180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Yosemite Community College District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <invCountry>US</invCountry>

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        <lei>N/A</lei>
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          <isin value="US26362DBE76"/>
          <ticker value="DUB"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <lei>N/A</lei>
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          <isin value="US26362DBS62"/>
          <ticker value="DUB"/>
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        <curCd>USD</curCd>
        <valUSD>841499.2800000000</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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        <name>City of Dublin CA</name>
        <lei>N/A</lei>
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          <isin value="US26362DBT46"/>
          <ticker value="DUB"/>
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        <curCd>USD</curCd>
        <valUSD>1335369.6700000000</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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        <name>East Bay Municipal Utility District Wastewater System Revenue</name>
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          <isin value="US271012GX81"/>
          <ticker value="EBYUTL"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <cusip>271012GZ3</cusip>
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          <isin value="US271012GZ30"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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          <isin value="US271012HA79"/>
          <ticker value="EBYUTL"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
        <lei>N/A</lei>
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          <ticker value="EBYWTR"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>East County Advanced Water Purification Joint Powers Authority</name>
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          <ticker value="EAWWTR"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>Eastern Municipal Water District Community Facilities District</name>
        <lei>549300ZCFVRFDIRWK089</lei>
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        <lei>549300ZCFVRFDIRWK089</lei>
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        <lei>549300ZCFVRFDIRWK089</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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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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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>El Monte City School District/CA</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>El Monte Union High School District</name>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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          <isin value="US287254DU72"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US304194FA62"/>
          <ticker value="FAIGEN"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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          <isin value="US544552D665"/>
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          <isin value="US544562CP48"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VICTORY BOULEVARD HSG</name>
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          <isin value="US544562DS77"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA 5.00% 07/01/2026</name>
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          <ticker value="LOSSCD"/>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Riverside County Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US76912TPA50"/>
          <ticker value="RIVGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1193608.9000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Riverside County Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Riverside County Public Financing Authority 5.00% 10/01/2037</title>
        <cusip>76912TPB3</cusip>
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          <isin value="US76912TPB34"/>
          <ticker value="RIVGEN"/>
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        <balance>750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>884024.4000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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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>
      <invstOrSec>
        <name>Riverside County Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Riverside County Public Financing Authority 5.00% 10/01/2035</title>
        <cusip>76912TPM9</cusip>
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          <isin value="US76912TPM98"/>
          <ticker value="RIVGEN"/>
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        <curCd>USD</curCd>
        <valUSD>2030327.0200000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RNR School Financing Authority</name>
        <lei>N/A</lei>
        <title>RNR School Financing Authority 5.00% 09/01/2036</title>
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          <isin value="US769697LV32"/>
          <ticker value="RNRSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1568096.2900000000</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>2036-09-01</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>RNR School Financing Authority</name>
        <lei>N/A</lei>
        <title>RNR School Financing Authority 5.00% 09/01/2034</title>
        <cusip>769697ME0</cusip>
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          <isin value="US769697ME08"/>
          <ticker value="RNRSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1223311.9400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-01</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>RNR School Financing Authority</name>
        <lei>N/A</lei>
        <title>RNR School Financing Authority 5.00% 09/01/2035</title>
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          <isin value="US769697MF72"/>
          <ticker value="RNRSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1187535.0000000000</valUSD>
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        <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>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2036</title>
        <cusip>776192RG3</cusip>
        <identifiers>
          <isin value="US776192RG30"/>
          <ticker value="ROMMEL"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1028220.5000000000</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>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2037</title>
        <cusip>776192RH1</cusip>
        <identifiers>
          <isin value="US776192RH13"/>
          <ticker value="ROMMEL"/>
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        <balance>1100000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1130503.6600000000</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>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2038</title>
        <cusip>776192RJ7</cusip>
        <identifiers>
          <isin value="US776192RJ78"/>
          <ticker value="ROMMEL"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1027269.1000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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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 0.00% 07/01/2039</title>
        <cusip>7973556W9</cusip>
        <identifiers>
          <isin value="US7973556W90"/>
          <ticker value="SDGSCD"/>
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        <balance>1410000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>835908.4900000000</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>None</couponKind>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District/CA 5.00% 07/01/2031</title>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District/CA 5.00% 07/01/2034</title>
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      <invstOrSec>
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        <lei>N/A</lei>
        <title>San Diego Unified School District/CA 5.00% 07/01/2041</title>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
        <title>San Diego Unified School District/CA 5.00% 07/01/2042</title>
        <cusip>797356RD6</cusip>
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        <invCountry>US</invCountry>

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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US79739GFH48"/>
          <ticker value="SDGAPT"/>
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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>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority 5.00% 07/01/2032</title>
        <cusip>79739GFJ0</cusip>
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          <isin value="US79739GFJ04"/>
          <ticker value="SDGAPT"/>
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        <curCd>USD</curCd>
        <valUSD>883985.7200000000</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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          <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% 07/01/2033</title>
        <cusip>79739GFK7</cusip>
        <identifiers>
          <isin value="US79739GFK76"/>
          <ticker value="SDGAPT"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1038935.3000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Irvine Unified School District</name>
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          <isin value="US463612MP31"/>
          <ticker value="IRVEDU"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Irvine Unified School District</name>
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          <isin value="US463612MR96"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Irvine Unified School District</name>
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          <isin value="US463612MV09"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Irvine Unified School District</name>
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          <isin value="US463612NC19"/>
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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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          <maturityDt>2027-09-01</maturityDt>
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      <invstOrSec>
        <name>Irvine Unified School District</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District 5.00% 09/01/2029</title>
        <cusip>463612NE7</cusip>
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          <isin value="US463612NE74"/>
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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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          <maturityDt>2029-09-01</maturityDt>
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      <invstOrSec>
        <name>Irvine Unified School District</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District 4.00% 09/01/2034</title>
        <cusip>463612NK3</cusip>
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          <isin value="US463612NK35"/>
          <ticker value="IRVEDU"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Irvine Unified School District</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District 4.00% 09/01/2035</title>
        <cusip>463612NL1</cusip>
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          <isin value="US463612NL18"/>
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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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          <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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      <invstOrSec>
        <name>LA MORAGA SAN JOSE LP</name>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>San Jose Evergreen Community College District</name>
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      <invstOrSec>
        <name>City of San Luis Obispo CA Community Facilities District No 2019-1</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Mateo Foster City Public Financing Authority</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US79905VAQ41"/>
          <ticker value="SMFFAC"/>
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        <valUSD>1151892.5300000000</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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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Mateo Foster City Public Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>79905VAS0</cusip>
        <identifiers>
          <isin value="US79905VAS07"/>
          <ticker value="SMFFAC"/>
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        <curCd>USD</curCd>
        <valUSD>2045718.4900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>San Pablo Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>San Pablo Redevelopment Agency Successor Agency 5.00% 06/15/2028</title>
        <cusip>799147BG7</cusip>
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          <isin value="US799147BG77"/>
          <ticker value="SPBDEV"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1431077.4400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</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>
      <invstOrSec>
        <name>San Pablo Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
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        <cusip>799147BH5</cusip>
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          <isin value="US799147BH50"/>
          <ticker value="SPBDEV"/>
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        <balance>1345000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1466526.9400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Santa Ana CA Gas Tax Revenue</name>
        <lei>N/A</lei>
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        <cusip>80111PAQ5</cusip>
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          <isin value="US80111PAQ54"/>
          <ticker value="SAAUTL"/>
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        <curCd>USD</curCd>
        <valUSD>778014.7900000000</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>2034-01-01</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>
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      <invstOrSec>
        <name>City of Santa Ana CA Gas Tax Revenue</name>
        <lei>N/A</lei>
        <title>City of Santa Ana CA Gas Tax Revenue 5.00% 01/01/2037</title>
        <cusip>80111PAT9</cusip>
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          <isin value="US80111PAT93"/>
          <ticker value="SAAUTL"/>
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        <balance>1260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1346374.0100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</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>
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      <invstOrSec>
        <name>Santa Barbara Financing Authority</name>
        <lei>N/A</lei>
        <title>Santa Barbara Financing Authority 5.00% 04/01/2029</title>
        <cusip>801262BA3</cusip>
        <identifiers>
          <isin value="US801262BA35"/>
          <ticker value="SBBGEN"/>
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        <balance>1515000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1659406.3200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Santa Barbara Financing Authority</name>
        <lei>N/A</lei>
        <title>Santa Barbara Financing Authority 5.00% 04/01/2031</title>
        <cusip>801262BC9</cusip>
        <identifiers>
          <isin value="US801262BC90"/>
          <ticker value="SBBGEN"/>
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        <curCd>USD</curCd>
        <valUSD>927586.1600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</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>Santa Barbara Financing Authority</name>
        <lei>N/A</lei>
        <title>Santa Barbara Financing Authority 5.00% 04/01/2033</title>
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        <identifiers>
          <isin value="US801262BE56"/>
          <ticker value="SBBGEN"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Santa Barbara Financing Authority</name>
        <lei>N/A</lei>
        <title>Santa Barbara Financing Authority 5.00% 04/01/2035</title>
        <cusip>801262BG0</cusip>
        <identifiers>
          <isin value="US801262BG05"/>
          <ticker value="SBBGEN"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Santa Barbara Financing Authority</name>
        <lei>N/A</lei>
        <title>Santa Barbara Financing Authority 5.00% 04/01/2038</title>
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          <isin value="US801262BK17"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Santa Barbara Community College District</name>
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          <isin value="US801283HG04"/>
          <ticker value="SBBHGR"/>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Santa Clarita Community College District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Santa Clarita Community College District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
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        <issuerCat>MUN</issuerCat>
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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>
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        <curCd>USD</curCd>
        <valUSD>4085000.0000000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Brea Redevelopment Agency</name>
        <lei>N/A</lei>
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        <valUSD>1553494.3500000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <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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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <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="US126292AG69"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US126292AQ42"/>
          <ticker value="CDAHSG"/>
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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>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
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          <isin value="US126292AV37"/>
          <ticker value="CDAHSG"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
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          <isin value="US126292BB63"/>
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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>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
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          <isin value="US126292CC38"/>
          <ticker value="CDAHSG"/>
          <other otherDesc="SEDOL" value="BM9DWF2"/>
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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>California Community College Financing Authority</name>
        <lei>N/A</lei>
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          <ticker value="CASHGR"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US13012RAJ86"/>
          <ticker value="CASHGR"/>
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        <name>California Community Choice Financing Authority</name>
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        <name>California Community Choice Financing Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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          <ticker value="CCEDEV"/>
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        <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>
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          <isin value="US13013JDG85"/>
          <ticker value="CCEDEV"/>
          <other otherDesc="SEDOL" value="BRV4TV3"/>
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        <curCd>USD</curCd>
        <valUSD>15546882.7100000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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        <cusip>13013JDR4</cusip>
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          <isin value="US13013JDR41"/>
          <ticker value="CCEDEV"/>
          <other otherDesc="SEDOL" value="BSMPRV8"/>
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        <curCd>USD</curCd>
        <valUSD>7139907.7800000000</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>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 08/01/2055</title>
        <cusip>13013JEB8</cusip>
        <identifiers>
          <isin value="US13013JEB89"/>
          <ticker value="CCEDEV"/>
          <other otherDesc="SEDOL" value="BRXHN85"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6495531.6000000000</valUSD>
        <pctVal>0.2927394483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-01</maturityDt>
          <couponKind>Variable</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>
      <invstOrSec>
        <name>HUMANGOOD CA OBLIG GROUP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2036</title>
        <cusip>13048V3P1</cusip>
        <identifiers>
          <isin value="US13048V3P17"/>
          <ticker value="CASFIN"/>
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        <balance>745000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>820974.2100000000</valUSD>
        <pctVal>0.0369995178</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>
      <invstOrSec>
        <name>CMNTY HLTH CTRS CTL COAST</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.50% 12/01/2045</title>
        <cusip>13048V4K1</cusip>
        <identifiers>
          <isin value="US13048V4K11"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1071845.1000000000</valUSD>
        <pctVal>0.0483057219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</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>
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      <invstOrSec>
        <name>GRACELIGHT CMNTY HLTH OBL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.13% 06/01/2036</title>
        <cusip>13048V5B0</cusip>
        <identifiers>
          <isin value="US13048V5B03"/>
          <ticker value="CASFIN"/>
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        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>752061.9800000000</valUSD>
        <pctVal>0.0338937939</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>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>
      <invstOrSec>
        <name>GRACELIGHT CMNTY HLTH OBL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 06/01/2045</title>
        <cusip>13048V5C8</cusip>
        <identifiers>
          <isin value="US13048V5C85"/>
          <ticker value="CASFIN"/>
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        <balance>950000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>988821.9400000000</valUSD>
        <pctVal>0.0445640491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</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>City of Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2032</title>
        <cusip>777870XU5</cusip>
        <identifiers>
          <isin value="US777870XU56"/>
          <ticker value="ROSGEN"/>
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        <balance>1245000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1280210.5900000000</valUSD>
        <pctVal>0.0576963003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</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 Roseville CA</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA 5.00% 09/01/2034</title>
        <cusip>777870XW1</cusip>
        <identifiers>
          <isin value="US777870XW13"/>
          <ticker value="ROSGEN"/>
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        <balance>1045000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1072752.0700000000</valUSD>
        <pctVal>0.0483465971</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>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 Roseville CA Water Utility Revenue</name>
        <lei>N/A</lei>
        <title>City of Roseville CA Water Utility Revenue 5.00% 12/01/2026</title>
        <cusip>777876BX0</cusip>
        <identifiers>
          <isin value="US777876BX04"/>
          <ticker value="ROSUTL"/>
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        <balance>1690000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1694187.6500000000</valUSD>
        <pctVal>0.0763533439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</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 Roseville CA Water Utility Revenue</name>
        <lei>N/A</lei>
        <title>City of Roseville CA Water Utility Revenue 5.00% 12/01/2027</title>
        <cusip>777876BY8</cusip>
        <identifiers>
          <isin value="US777876BY86"/>
          <ticker value="ROSUTL"/>
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        <balance>2250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2255153.1800000000</valUSD>
        <pctVal>0.1016348374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>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"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1427080.2000000000</valUSD>
        <pctVal>0.0643153934</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>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/01/2036</title>
        <cusip>13048TF99</cusip>
        <identifiers>
          <isin value="US13048TF995"/>
          <ticker value="CASFIN"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1506204.0000000000</valUSD>
        <pctVal>0.0678813306</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>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
        <title>Sacramento Municipal Utility District 5.00% 08/15/2036</title>
        <cusip>786005C30</cusip>
        <identifiers>
          <isin value="US786005C309"/>
          <ticker value="SACPWR"/>
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        <balance>7465000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8353941.9000000000</valUSD>
        <pctVal>0.3764939490</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>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
        <title>Sacramento Municipal Utility District 5.00% 08/15/2026</title>
        <cusip>786005D54</cusip>
        <identifiers>
          <isin value="US786005D547"/>
          <ticker value="SACPWR"/>
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        <balance>6500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6596686.2000000000</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>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CMNTY HOSPS CTRL CA GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 02/01/2027</title>
        <cusip>13048TQ63</cusip>
        <identifiers>
          <isin value="US13048TQ638"/>
          <ticker value="CASFIN"/>
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        <balance>1750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1782152.4000000000</valUSD>
        <pctVal>0.0803177234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>CMNTY HOSPS CTRL CA GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 02/01/2028</title>
        <cusip>13048TQ71</cusip>
        <identifiers>
          <isin value="US13048TQ711"/>
          <ticker value="CASFIN"/>
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        <balance>3325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3390240.4900000000</valUSD>
        <pctVal>0.1527907478</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
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          <isin value="US13048TR214"/>
          <ticker value="CASFIN"/>
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        <valUSD>2747569.1400000000</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>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>CMNTY HOSPS CTRL CA GRP</name>
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        <cusip>13048TR62</cusip>
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          <isin value="US13048TR628"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>5075458.5000000000</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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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
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        <cusip>786005D62</cusip>
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          <isin value="US786005D620"/>
          <ticker value="SACPWR"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
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        <cusip>786005D70</cusip>
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          <isin value="US786005D703"/>
          <ticker value="SACPWR"/>
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        <curCd>USD</curCd>
        <valUSD>4320231.6000000000</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>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
        <title>Sacramento Municipal Utility District 5.00% 11/15/2041</title>
        <cusip>786005J82</cusip>
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          <isin value="US786005J825"/>
          <ticker value="SACPWR"/>
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        <balance>4350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5035248.9800000000</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>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
        <title>Sacramento Municipal Utility District 5.00% 11/15/2042</title>
        <cusip>786005J90</cusip>
        <identifiers>
          <isin value="US786005J908"/>
          <ticker value="SACPWR"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1145203.2000000000</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>2042-11-15</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>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
        <title>Sacramento Municipal Utility District 5.00% 08/15/2049</title>
        <cusip>786005N61</cusip>
        <identifiers>
          <isin value="US786005N611"/>
          <ticker value="SACPWR"/>
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        <balance>3850000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4528135.9200000000</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>2049-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Sacramento Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
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        <cusip>786060AU7</cusip>
        <identifiers>
          <isin value="US786060AU70"/>
          <ticker value="SACDEV"/>
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        <balance>1355000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1356698.7600000000</valUSD>
        <pctVal>0.0611434554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</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>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2027</title>
        <cusip>786071QQ6</cusip>
        <identifiers>
          <isin value="US786071QQ67"/>
          <ticker value="SACGEN"/>
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        <balance>570000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>580722.2100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2029</title>
        <cusip>786071QS2</cusip>
        <identifiers>
          <isin value="US786071QS24"/>
          <ticker value="SACGEN"/>
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        <balance>710000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>739411.2500000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2030</title>
        <cusip>786071QT0</cusip>
        <identifiers>
          <isin value="US786071QT07"/>
          <ticker value="SACGEN"/>
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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>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2031</title>
        <cusip>786071QU7</cusip>
        <identifiers>
          <isin value="US786071QU79"/>
          <ticker value="SACGEN"/>
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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>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2032</title>
        <cusip>786071QV5</cusip>
        <identifiers>
          <isin value="US786071QV52"/>
          <ticker value="SACGEN"/>
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        <valUSD>328934.4700000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2034</title>
        <cusip>786071QX1</cusip>
        <identifiers>
          <isin value="US786071QX19"/>
          <ticker value="SACGEN"/>
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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>AZUSA PACIFIC UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <identifiers>
          <isin value="US13048TTM52"/>
          <ticker value="CASFIN"/>
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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>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"/>
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        <curCd>USD</curCd>
        <valUSD>1750388.5000000000</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>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2036</title>
        <cusip>786071QZ6</cusip>
        <identifiers>
          <isin value="US786071QZ66"/>
          <ticker value="SACGEN"/>
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        <curCd>USD</curCd>
        <valUSD>676539.7300000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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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>
        <name>County of Sacramento CA Airport System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US786107SY97"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US786107UN05"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Sacramento CA Airport System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US786107VY50"/>
          <ticker value="SACAPT"/>
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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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      <invstOrSec>
        <name>County of Sacramento CA Airport System Revenue</name>
        <lei>N/A</lei>
        <title>County of Sacramento CA Airport System Revenue 5.00% 07/01/2040</title>
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          <isin value="US786107VZ26"/>
          <ticker value="SACAPT"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EINSTEIN PRESERVATION LP</name>
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          <isin value="US78611AAA25"/>
          <ticker value="SACMFH"/>
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        <curCd>USD</curCd>
        <valUSD>1287716.5900000000</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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        <securityLending>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
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          <isin value="US13048V2D95"/>
          <ticker value="CASFIN"/>
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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>
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      <invstOrSec>
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          <isin value="US13051AJJ88"/>
          <ticker value="CASGEN"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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          <isin value="US79730AJM18"/>
          <ticker value="SDOUTL"/>
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        <name>San Diego Public Facilities Financing Authority</name>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>San Diego County Water Authority</name>
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      <invstOrSec>
        <name>HAZELDEN BETTY FORD FNDTN</name>
        <lei>N/A</lei>
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          <isin value="US13056HAA68"/>
          <ticker value="CASGEN"/>
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        <balance>750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>768466.8000000000</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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          <maturityDt>2049-11-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HENRY MAYO NEWHALL HSP OB</name>
        <lei>N/A</lei>
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          <isin value="US13057EAK01"/>
          <ticker value="CASGEN"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HENRY MAYO NEWHALL HSP OB</name>
        <lei>N/A</lei>
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          <isin value="US13057EAR53"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>504512.7000000000</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>2033-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>HOAG MEM HOSP OBLIG GRP</name>
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          <isin value="US13057EFE95"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>812148.4700000000</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>2035-07-15</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>HOAG MEMORIAL HOSPITAL PRESBYTERIAN -HMHP</name>
        <lei>N/A</lei>
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        <cusip>13057EFQ2</cusip>
        <identifiers>
          <isin value="US13057EFQ26"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>16250000.0000000000</valUSD>
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        <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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>South Bayside Waste Management Authority</name>
        <lei>N/A</lei>
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          <isin value="US83646ACA97"/>
          <ticker value="SBAPOL"/>
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        <curCd>USD</curCd>
        <valUSD>475257.0800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>South Bayside Waste Management Authority</name>
        <lei>N/A</lei>
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        <cusip>83646ACD3</cusip>
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          <isin value="US83646ACD37"/>
          <ticker value="SBAPOL"/>
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        <curCd>USD</curCd>
        <valUSD>2206608.0200000000</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>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HOAG MEMORIAL HOSPITAL PRESBYTERIAN -HMHP</name>
        <lei>N/A</lei>
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        <cusip>13057EFR0</cusip>
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          <isin value="US13057EFR09"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>12465000.0000000000</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>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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        <cusip>544647GX2</cusip>
        <identifiers>
          <isin value="US544647GX27"/>
          <ticker value="LOSSCD"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
        <title>Los Angeles Unified School District/CA 5.00% 07/01/2027</title>
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          <isin value="US544647HJ24"/>
          <ticker value="LOSSCD"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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          <isin value="US544647HK96"/>
          <ticker value="LOSSCD"/>
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        <invCountry>US</invCountry>

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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="US83646ACG67"/>
          <ticker value="SBAPOL"/>
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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>South Orange County Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US839097BS02"/>
          <ticker value="SORGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <lei>N/A</lei>
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          <ticker value="SORGEN"/>
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      <invstOrSec>
        <name>South Orange County Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US839100KH66"/>
          <ticker value="SORGEN"/>
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        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>Peninsula Corridor Joint Powers Board/CA</name>
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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>Redwood City School District</name>
        <lei>N/A</lei>
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          <isin value="US757889FE59"/>
          <ticker value="RWCSCD"/>
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        <curCd>USD</curCd>
        <valUSD>402519.9200000000</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>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Peninsula Corridor Joint Powers Board/CA</name>
        <lei>549300EWZ3063STMF882</lei>
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        <cusip>707120CN9</cusip>
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          <isin value="US707120CN97"/>
          <ticker value="PECFAC"/>
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        <curCd>USD</curCd>
        <valUSD>593442.1900000000</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Peninsula Corridor Joint Powers Board/CA</name>
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        <cusip>707120CP4</cusip>
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          <isin value="US707120CP46"/>
          <ticker value="PECFAC"/>
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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>City of Rialto CA</name>
        <lei>N/A</lei>
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          <isin value="US762485ES52"/>
          <ticker value="RIAGEN"/>
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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>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Rialto CA</name>
        <lei>N/A</lei>
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          <isin value="US762485ET36"/>
          <ticker value="RIAGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1267407.6600000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Rialto Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US762494SR49"/>
          <ticker value="RIASCD"/>
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        <curCd>USD</curCd>
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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>Rialto Unified School District</name>
        <lei>N/A</lei>
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          <isin value="US762494SS22"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>South Orange County Public Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>839100KJ2</cusip>
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          <ticker value="SORGEN"/>
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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>
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        <lei>N/A</lei>
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        <cusip>839100KK9</cusip>
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          <ticker value="SORGEN"/>
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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>Rio Hondo Community College District/CA</name>
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          <isin value="US767121DG80"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Rio Hondo Community College District/CA</name>
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        <name>Peninsula Corridor Joint Powers Board Measure RR Sales Tax Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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      <invstOrSec>
        <name>City of Riverside CA Sewer Revenue</name>
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          <ticker value="RIVUTL"/>
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        <name>City of Riverside CA Sewer Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Riverside CA Sewer Revenue</name>
        <lei>N/A</lei>
        <title>City of Riverside CA Sewer Revenue 5.00% 08/01/2037</title>
        <cusip>769047KH3</cusip>
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          <isin value="US769047KH38"/>
          <ticker value="RIVUTL"/>
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        <curCd>USD</curCd>
        <valUSD>1961892.1300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Riverside CA Sewer Revenue</name>
        <lei>N/A</lei>
        <title>City of Riverside CA Sewer Revenue 5.00% 08/01/2038</title>
        <cusip>769047KJ9</cusip>
        <identifiers>
          <isin value="US769047KJ93"/>
          <ticker value="RIVUTL"/>
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        <balance>2400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2899159.9200000000</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>2038-08-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riverside Unified School District</name>
        <lei>N/A</lei>
        <title>Riverside Unified School District 5.00% 09/01/2040</title>
        <cusip>7690692X2</cusip>
        <identifiers>
          <isin value="US7690692X29"/>
          <ticker value="RIVSCD"/>
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        <balance>575000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>607579.6700000000</valUSD>
        <pctVal>0.0273822911</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riverside Unified School District</name>
        <lei>N/A</lei>
        <title>Riverside Unified School District 5.00% 09/01/2045</title>
        <cusip>7690692Y0</cusip>
        <identifiers>
          <isin value="US7690692Y02"/>
          <ticker value="RIVSCD"/>
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        <balance>1400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1457234.9400000000</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>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southern California Public Power Authority</name>
        <lei>5493003B5TD5FWUKMD34</lei>
        <title>Southern California Public Power Authority 5.00% 07/01/2035</title>
        <cusip>842469AL2</cusip>
        <identifiers>
          <isin value="US842469AL20"/>
          <ticker value="STNPWR"/>
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        <balance>5400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6215354.6400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>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>6250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6592076.2500000000</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>2048-07-01</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>
        <name>Pomona Unified School District</name>
        <lei>N/A</lei>
        <title>Pomona Unified School District 6.55% 08/01/2029</title>
        <cusip>732096P63</cusip>
        <identifiers>
          <isin value="US732096P636"/>
          <ticker value="POMSCD"/>
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        <balance>495000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>538126.2800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.550000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pomona Unified School District</name>
        <lei>N/A</lei>
        <title>Pomona Unified School District 5.00% 08/01/2042</title>
        <cusip>732098TM0</cusip>
        <identifiers>
          <isin value="US732098TM04"/>
          <ticker value="POMSCD"/>
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        <balance>150000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171557.0700000000</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>2042-08-01</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>Pomona Unified School District</name>
        <lei>N/A</lei>
        <title>Pomona Unified School District 5.00% 08/01/2043</title>
        <cusip>732098TN8</cusip>
        <identifiers>
          <isin value="US732098TN86"/>
          <ticker value="POMSCD"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226370.3800000000</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>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Poway Unified School District</name>
        <lei>N/A</lei>
        <title>Poway Unified School District 0.00% 08/01/2038</title>
        <cusip>738850RD0</cusip>
        <identifiers>
          <isin value="US738850RD02"/>
          <ticker value="POWSCD"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1342681.2000000000</valUSD>
        <pctVal>0.0605117145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</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>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2038</title>
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          <isin value="US776192VL78"/>
          <ticker value="ROMMEL"/>
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        <curCd>USD</curCd>
        <valUSD>271416.9800000000</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>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
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        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2043</title>
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          <isin value="US776192VM51"/>
          <ticker value="ROMMEL"/>
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        <curCd>USD</curCd>
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        <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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      <invstOrSec>
        <name>Sulphur Springs Union School District</name>
        <lei>N/A</lei>
        <title>Sulphur Springs Union School District 5.00% 09/01/2029</title>
        <cusip>865483HY0</cusip>
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          <isin value="US865483HY05"/>
          <ticker value="SULEDU"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Sulphur Springs Union School District</name>
        <lei>N/A</lei>
        <title>Sulphur Springs Union School District 5.00% 09/01/2031</title>
        <cusip>865483JA0</cusip>
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          <ticker value="SULEDU"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2044</title>
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          <isin value="US776192WB87"/>
          <ticker value="CAEDU"/>
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        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Romoland School District</name>
        <lei>N/A</lei>
        <title>Romoland School District 5.00% 09/01/2040</title>
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          <isin value="US776192XX98"/>
          <ticker value="ROMMEL"/>
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        <curCd>USD</curCd>
        <valUSD>269190.2800000000</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>Sulphur Springs Union School District</name>
        <lei>N/A</lei>
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          <ticker value="SULEDU"/>
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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>
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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>

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      <invstOrSec>
        <name>SAN DIEGO COUNTY TOBACCO</name>
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          <isin value="US888804CF64"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>Tracy Community Facilities District/CA</name>
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        <lei>N/A</lei>
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        <name>Tracy Community Facilities District/CA</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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      <invstOrSec>
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        <lei>549300OH100KESVPND17</lei>
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        <name>STANFORD HEALTH CARE OBL</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EPISCOPAL CMNTYS OBL GRP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CEDARS-SINAI MED CTR OBLG</name>
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        <name>CEDARS-SINAI MED CTR OBLG</name>
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          <isin value="US13032UKA50"/>
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      <invstOrSec>
        <name>SCRIPPS HLTH OBLIG GRP</name>
        <lei>5493007RI8BUDOGHZ546</lei>
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          <ticker value="CASMED"/>
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      <invstOrSec>
        <name>Fremont Unified School District/Alameda County CA</name>
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        <name>Fresno Joint Powers Financing Authority</name>
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        <name>Fresno Joint Powers Financing Authority</name>
        <lei>N/A</lei>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Glendale CA Electric Revenue</name>
        <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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      </invstOrSec>
      <invstOrSec>
        <name>City of Glendale CA Electric Revenue</name>
        <lei>N/A</lei>
        <title>City of Glendale CA Electric Revenue 5.00% 02/01/2045</title>
        <cusip>378406RP9</cusip>
        <identifiers>
          <isin value="US378406RP93"/>
          <ticker value="GLEPWR"/>
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        <balance>5600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6036996.5600000000</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>2045-02-01</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>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp 5.00% 06/01/2026</title>
        <cusip>38122NZA3</cusip>
        <identifiers>
          <isin value="US38122NZA35"/>
          <ticker value="GLDGEN"/>
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        <balance>6000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6046511.4000000000</valUSD>
        <pctVal>0.2725030868</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp 5.00% 06/01/2028</title>
        <cusip>38122NZC9</cusip>
        <identifiers>
          <isin value="US38122NZC90"/>
          <ticker value="GLDGEN"/>
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        <balance>2000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2078261.4000000000</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>2028-06-01</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>Goleta Water District</name>
        <lei>N/A</lei>
        <title>Goleta Water District 5.00% 09/01/2031</title>
        <cusip>381625AN2</cusip>
        <identifiers>
          <isin value="US381625AN28"/>
          <ticker value="GOLWTR"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>466302.4000000000</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>2031-09-01</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>Goleta Water District</name>
        <lei>N/A</lei>
        <title>Goleta Water District 5.00% 09/01/2033</title>
        <cusip>381625AQ5</cusip>
        <identifiers>
          <isin value="US381625AQ58"/>
          <ticker value="GOLWTR"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>242213.6600000000</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>2033-09-01</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>Goleta Water District</name>
        <lei>N/A</lei>
        <title>Goleta Water District 5.00% 09/01/2034</title>
        <cusip>381625AR3</cusip>
        <identifiers>
          <isin value="US381625AR32"/>
          <ticker value="GOLWTR"/>
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        <balance>425000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512054.7900000000</valUSD>
        <pctVal>0.0230771931</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>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>Antonio B Won Pat International Airport Authority</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority 5.00% 10/01/2030</title>
        <cusip>40064RGD5</cusip>
        <identifiers>
          <isin value="US40064RGD52"/>
          <ticker value="GMSAPT"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108400.6500000000</valUSD>
        <pctVal>0.0048853810</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Antonio B Won Pat International Airport Authority</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority 5.00% 10/01/2031</title>
        <cusip>40064RGE3</cusip>
        <identifiers>
          <isin value="US40064RGE36"/>
          <ticker value="GMSAPT"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>109806.6600000000</valUSD>
        <pctVal>0.0049487468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</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>Antonio B Won Pat International Airport Authority</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority 5.00% 10/01/2032</title>
        <cusip>40064RGF0</cusip>
        <identifiers>
          <isin value="US40064RGF01"/>
          <ticker value="GMSAPT"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110690.5200000000</valUSD>
        <pctVal>0.0049885804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</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>Antonio B Won Pat International Airport Authority</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority 5.00% 10/01/2033</title>
        <cusip>40064RGG8</cusip>
        <identifiers>
          <isin value="US40064RGG83"/>
          <ticker value="GMSAPT"/>
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        <balance>100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>111950.3500000000</valUSD>
        <pctVal>0.0050453582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</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>Guam Power Authority</name>
        <lei>549300IPOV320QCKW060</lei>
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        <cusip>400653JL6</cusip>
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          <isin value="US400653JL65"/>
          <ticker value="GMSPWR"/>
          <other otherDesc="SEDOL" value="BGL1SN2"/>
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        <balance>3525000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3585743.5100000000</valUSD>
        <pctVal>0.1616016427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>GU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Atwater CA Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Atwater CA Wastewater Revenue 5.00% 05/01/2027</title>
        <cusip>050002AK0</cusip>
        <identifiers>
          <isin value="US050002AK09"/>
          <ticker value="ATWUTL"/>
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        <balance>415000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>427729.9200000000</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>City of Atwater CA Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Atwater CA Wastewater Revenue 5.00% 05/01/2029</title>
        <cusip>050002AM6</cusip>
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          <isin value="US050002AM64"/>
          <ticker value="ATWUTL"/>
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        <balance>700000.0000000000</balance>
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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>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>City of Atwater CA Wastewater Revenue</name>
        <lei>N/A</lei>
        <title>City of Atwater CA Wastewater Revenue 5.00% 05/01/2032</title>
        <cusip>050002AQ7</cusip>
        <identifiers>
          <isin value="US050002AQ78"/>
          <ticker value="ATWUTL"/>
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        <balance>895000.0000000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baldwin Park Unified School District</name>
        <lei>N/A</lei>
        <title>Baldwin Park Unified School District 4.00% 08/01/2031</title>
        <cusip>058219TP1</cusip>
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          <isin value="US058219TP13"/>
          <ticker value="BALSCD"/>
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        <balance>6420000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6456807.1400000000</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>4.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 5.00% 04/01/2042</title>
        <cusip>072024A77</cusip>
        <identifiers>
          <isin value="US072024A778"/>
          <ticker value="BAYTRN"/>
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        <balance>7000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7789104.4000000000</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>
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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>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 5.00% 04/01/2045</title>
        <cusip>072024B27</cusip>
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          <ticker value="BAYTRN"/>
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        <valUSD>1083936.0000000000</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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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 5.00% 04/01/2026</title>
        <cusip>072024B43</cusip>
        <identifiers>
          <isin value="US072024B438"/>
          <ticker value="BAYTRN"/>
        </identifiers>
        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3007863.3000000000</valUSD>
        <pctVal>0.1355578415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</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>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>6670000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6821775.8500000000</valUSD>
        <pctVal>0.3074425654</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>
        </debtSec>
        <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>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5205293.0000000000</valUSD>
        <pctVal>0.2345912074</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CR EPOCA L CMNTYS LP</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency 3.70% 11/01/2037</title>
        <cusip>13034DAT1</cusip>
        <identifiers>
          <isin value="US13034DAT19"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>3850000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4024932.4500000000</valUSD>
        <pctVal>0.1813949307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000000</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>300 DE HARO VENTURE LP</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency 3.25% 06/01/2055</title>
        <cusip>13034DAW4</cusip>
        <identifiers>
          <isin value="US13034DAW48"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>7375000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7435177.7900000000</valUSD>
        <pctVal>0.3350872535</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>Variable</couponKind>
          <annualizedRt>3.250000000000000</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>CENTURY WLAVA 4 LP</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency 2.95% 06/01/2046</title>
        <cusip>13034DBL7</cusip>
        <identifiers>
          <isin value="US13034DBL73"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3037228.5000000000</valUSD>
        <pctVal>0.1368812670</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>Variable</couponKind>
          <annualizedRt>2.950000000000000</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>California Infrastructure &amp; Economic Development Bank</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 08/01/2033</title>
        <cusip>13034RAL7</cusip>
        <identifiers>
          <isin value="US13034RAL78"/>
          <ticker value="CASDEV"/>
        </identifiers>
        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1967576.4000000000</valUSD>
        <pctVal>0.0886743788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</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>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 4.00% 11/01/2034</title>
        <cusip>13035ABV0</cusip>
        <identifiers>
          <isin value="US13035ABV08"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>518326.8500000000</valUSD>
        <pctVal>0.0233598611</pctVal>
        <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>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>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 4.00% 11/01/2036</title>
        <cusip>13035ABX6</cusip>
        <identifiers>
          <isin value="US13035ABX63"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>365000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>374001.1200000000</valUSD>
        <pctVal>0.0168554151</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 4.00% 11/01/2040</title>
        <cusip>13035ACB3</cusip>
        <identifiers>
          <isin value="US13035ACB35"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>654331.8600000000</valUSD>
        <pctVal>0.0294893104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</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>
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      <invstOrSec>
        <name>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 4.00% 11/01/2041</title>
        <cusip>13035ACC1</cusip>
        <identifiers>
          <isin value="US13035ACC18"/>
          <ticker value="CASEDU"/>
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        <balance>425000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>427044.8000000000</valUSD>
        <pctVal>0.0192459781</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>4.000000000000000</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>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2029</title>
        <cusip>13035ADD8</cusip>
        <identifiers>
          <isin value="US13035ADD81"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>2125000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2294896.5100000000</valUSD>
        <pctVal>0.1034259826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</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>
        <name>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2039</title>
        <cusip>13035ADP1</cusip>
        <identifiers>
          <isin value="US13035ADP12"/>
          <ticker value="CASEDU"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>224775.7000000000</valUSD>
        <pctVal>0.0101301508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <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>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2034</title>
        <cusip>169511YG1</cusip>
        <identifiers>
          <isin value="US169511YG17"/>
          <ticker value="CHNFAC"/>
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        <balance>275000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>302129.9100000000</valUSD>
        <pctVal>0.0136163364</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>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>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2040</title>
        <cusip>169511YJ5</cusip>
        <identifiers>
          <isin value="US169511YJ55"/>
          <ticker value="CHNFAC"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1075256.8000000000</valUSD>
        <pctVal>0.0484594798</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>
      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2040</title>
        <cusip>169511YX4</cusip>
        <identifiers>
          <isin value="US169511YX40"/>
          <ticker value="CHNFAC"/>
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        <balance>995000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1065016.1600000000</valUSD>
        <pctVal>0.0479979565</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>
      <invstOrSec>
        <name>Chula Vista Elementary School District</name>
        <lei>5493007W74ET6MX0FN28</lei>
        <title>Chula Vista Elementary School District 5.00% 08/01/2040</title>
        <cusip>171314KX4</cusip>
        <identifiers>
          <isin value="US171314KX41"/>
          <ticker value="CHUSCD"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1141414.1000000000</valUSD>
        <pctVal>0.0514410451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</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>Los Angeles Community College District/CA</name>
        <lei>N/A</lei>
        <title>Los Angeles Community College District/CA 5.00% 08/01/2032</title>
        <cusip>54438CC91</cusip>
        <identifiers>
          <isin value="US54438CC918"/>
          <ticker value="LOSHGR"/>
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        <balance>5000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5976308.0000000000</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>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Los Angeles Community College District/CA</name>
        <lei>N/A</lei>
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          <isin value="US54438CUU43"/>
          <ticker value="LOSHGR"/>
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        <balance>2115000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2130439.5000000000</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>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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Los Angeles Community College District/CA</name>
        <lei>N/A</lei>
        <title>Los Angeles Community College District/CA 4.00% 08/01/2039</title>
        <cusip>54438CYC0</cusip>
        <identifiers>
          <isin value="US54438CYC09"/>
          <ticker value="LOSHGR"/>
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        <balance>10000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10019569.0000000000</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>2039-08-01</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>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports 5.00% 05/15/2033</title>
        <cusip>544445DQ9</cusip>
        <identifiers>
          <isin value="US544445DQ98"/>
          <ticker value="LOSAPT"/>
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        <balance>1350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1400011.4300000000</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>2033-05-15</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>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports 5.00% 05/15/2034</title>
        <cusip>544445DR7</cusip>
        <identifiers>
          <isin value="US544445DR71"/>
          <ticker value="LOSAPT"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1295171.2500000000</valUSD>
        <pctVal>0.0583705446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</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>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports 5.00% 05/15/2035</title>
        <cusip>544445DS5</cusip>
        <identifiers>
          <isin value="US544445DS54"/>
          <ticker value="LOSAPT"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1552455.4500000000</valUSD>
        <pctVal>0.0699657826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</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>
        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports 5.00% 05/15/2040</title>
        <cusip>544445H85</cusip>
        <identifiers>
          <isin value="US544445H853"/>
          <ticker value="LOSAPT"/>
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        <balance>1520000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1716023.6100000000</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>2040-05-15</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>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports 5.00% 05/15/2041</title>
        <cusip>544445H93</cusip>
        <identifiers>
          <isin value="US544445H937"/>
          <ticker value="LOSAPT"/>
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        <balance>2600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2914934.3600000000</valUSD>
        <pctVal>0.1313697367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-15</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>
        <name>SCRIPPS COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2031</title>
        <cusip>130491AD5</cusip>
        <identifiers>
          <isin value="US130491AD55"/>
          <ticker value="CASEDU"/>
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        <balance>465000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>528634.6000000000</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>2031-07-01</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>
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      <invstOrSec>
        <name>SCRIPPS COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>130491AE3</cusip>
        <identifiers>
          <isin value="US130491AE39"/>
          <ticker value="CASEDU"/>
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        <balance>500000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>576882.5500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SCRIPPS COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>130491AF0</cusip>
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          <isin value="US130491AF04"/>
          <ticker value="CASEDU"/>
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        <curCd>USD</curCd>
        <valUSD>848474.3900000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SCRIPPS COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>130491AG8</cusip>
        <identifiers>
          <isin value="US130491AG86"/>
          <ticker value="CASEDU"/>
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        <curCd>USD</curCd>
        <valUSD>1529997.1500000000</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>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SCRIPPS COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2035</title>
        <cusip>130491AH6</cusip>
        <identifiers>
          <isin value="US130491AH69"/>
          <ticker value="CASEDU"/>
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        <balance>540000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>617815.5100000000</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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        <securityLending>
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      <invstOrSec>
        <name>PALOMAR HEALTH OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>130493CL1</cusip>
        <identifiers>
          <isin value="US130493CL10"/>
          <ticker value="CASMED"/>
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        <curCd>USD</curCd>
        <valUSD>1703782.9300000000</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>CONGREGATINAL HOMES OBLIG</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 11/15/2027</title>
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        <identifiers>
          <isin value="US13049RBC97"/>
          <ticker value="CASMED"/>
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        <curCd>USD</curCd>
        <valUSD>305211.1800000000</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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 4.00% 11/15/2029</title>
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        <identifiers>
          <isin value="US13049RBE53"/>
          <ticker value="CASMED"/>
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        <balance>740000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>766378.6300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/15/2031</title>
        <cusip>13049SFQ2</cusip>
        <identifiers>
          <isin value="US13049SFQ21"/>
          <ticker value="CASFIN"/>
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        <balance>270000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301348.1300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</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>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/15/2033</title>
        <cusip>13049SFS8</cusip>
        <identifiers>
          <isin value="US13049SFS86"/>
          <ticker value="CASFIN"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>682771.8000000000</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>2033-08-15</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>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/15/2035</title>
        <cusip>13049SFU3</cusip>
        <identifiers>
          <isin value="US13049SFU33"/>
          <ticker value="CASFIN"/>
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        <balance>660000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>752163.2600000000</valUSD>
        <pctVal>0.0338983583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</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>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/15/2037</title>
        <cusip>13049SFW9</cusip>
        <identifiers>
          <isin value="US13049SFW98"/>
          <ticker value="CASFIN"/>
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        <balance>720000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>808667.8600000000</valUSD>
        <pctVal>0.0364448975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/15/2039</title>
        <cusip>13049SFY5</cusip>
        <identifiers>
          <isin value="US13049SFY54"/>
          <ticker value="CASFIN"/>
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        <balance>950000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1053336.5400000000</valUSD>
        <pctVal>0.0474715815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-15</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>CARITAS CORP CMFA MOBILE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/15/2040</title>
        <cusip>13049SFZ2</cusip>
        <identifiers>
          <isin value="US13049SFZ20"/>
          <ticker value="CASFIN"/>
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        <balance>525000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>574416.0500000000</valUSD>
        <pctVal>0.0258876791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</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>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>2560000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2447253.2500000000</valUSD>
        <pctVal>0.1102923687</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>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 06/01/2037</title>
        <cusip>13049UCX5</cusip>
        <identifiers>
          <isin value="US13049UCX54"/>
          <ticker value="CASFIN"/>
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        <balance>2990000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3081052.0800000000</valUSD>
        <pctVal>0.1388563002</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SAGE HILL SCHOOL</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 12/01/2040</title>
        <cusip>13067RFC2</cusip>
        <identifiers>
          <isin value="US13067RFC25"/>
          <ticker value="CASDEV"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>341596.8000000000</valUSD>
        <pctVal>0.0153950231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board 5.00% 05/01/2027</title>
        <cusip>13068LVN2</cusip>
        <identifiers>
          <isin value="US13068LVN27"/>
          <ticker value="CASFAC"/>
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        <balance>5000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5008343.5000000000</valUSD>
        <pctVal>0.2257151228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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 State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board 5.00% 08/01/2035</title>
        <cusip>13068XAP4</cusip>
        <identifiers>
          <isin value="US13068XAP42"/>
          <ticker value="CASFAC"/>
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        <balance>2615000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2974740.0600000000</valUSD>
        <pctVal>0.1340650493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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 State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board 5.00% 09/01/2033</title>
        <cusip>13068XMA4</cusip>
        <identifiers>
          <isin value="US13068XMA45"/>
          <ticker value="CASFAC"/>
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        <balance>3500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4192872.2500000000</valUSD>
        <pctVal>0.1889636114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
        <title>California State Public Works Board 5.00% 09/01/2034</title>
        <cusip>13068XMB2</cusip>
        <identifiers>
          <isin value="US13068XMB28"/>
          <ticker value="CASFAC"/>
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        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3039877.2500000000</valUSD>
        <pctVal>0.1370006404</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>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REAL JOURNEY ACAD OBLIG</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 06/01/2034</title>
        <cusip>13069ABB3</cusip>
        <identifiers>
          <isin value="US13069ABB35"/>
          <ticker value="CASSCD"/>
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        <balance>950000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1015550.9500000000</valUSD>
        <pctVal>0.0457686673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</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>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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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1019770.9000000000</valUSD>
        <pctVal>0.0459588513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</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>PROVIDENT GRP-SDSU PPTYS</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 08/01/2045</title>
        <cusip>13069BAN6</cusip>
        <identifiers>
          <isin value="US13069BAN64"/>
          <ticker value="CASHSG"/>
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        <balance>1745000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1786729.7600000000</valUSD>
        <pctVal>0.0805240150</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>
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      </invstOrSec>
      <invstOrSec>
        <name>PROVIDENT GROUP-POMONA</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 01/15/2039</title>
        <cusip>13069BBB1</cusip>
        <identifiers>
          <isin value="US13069BBB18"/>
          <ticker value="CASHSG"/>
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        <balance>650000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>710047.9800000000</valUSD>
        <pctVal>0.0320003145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077DAM48"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077DAN21"/>
          <ticker value="CASHGR"/>
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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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        <securityLending>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077DAP78"/>
          <ticker value="CASHGR"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
        <title>California State University 5.00% 11/01/2031</title>
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          <isin value="US13077DAQ51"/>
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        <valUSD>3000681.9100000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077DSZ68"/>
          <ticker value="CASHGR"/>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>USC OBLIGATED GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <cusip>13081KAR1</cusip>
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          <isin value="US13081KAR14"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>5418057.8500000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>USC OBLIGATED GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 01/01/2036</title>
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          <isin value="US13081KAT79"/>
          <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>USC OBLIGATED GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 01/01/2038</title>
        <cusip>13081KAU4</cusip>
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          <isin value="US13081KAU43"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>3976881.9500000000</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>Carson Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Carson Public Financing Authority 5.00% 09/02/2030</title>
        <cusip>14601GBW7</cusip>
        <identifiers>
          <isin value="US14601GBW78"/>
          <ticker value="CARFIN"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1091076.7000000000</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>2030-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Cathedral City Redevelopment Agency Successor Agency</name>
        <lei>N/A</lei>
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        <cusip>14916YCN7</cusip>
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          <isin value="US14916YCN76"/>
          <ticker value="CATDEV"/>
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        <balance>200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208340.2600000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Centinela Valley Union High School District</name>
        <lei>N/A</lei>
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        <cusip>152339SH1</cusip>
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          <isin value="US152339SH10"/>
          <ticker value="CVASCD"/>
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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>Centinela Valley Union High School District</name>
        <lei>N/A</lei>
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        <cusip>152339SJ7</cusip>
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          <isin value="US152339SJ75"/>
          <ticker value="CVASCD"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Central Valley Energy Authority</name>
        <lei>254900G5IPQ9MA3FRJ55</lei>
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          <ticker value="CTVPWR"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
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        <lei>254900G5IPQ9MA3FRJ55</lei>
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          <ticker value="CTVPWR"/>
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      <invstOrSec>
        <name>Chabot-Las Positas Community College District</name>
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          <ticker value="CBTHGR"/>
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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>Chaffey Joint Union High School District</name>
        <lei>N/A</lei>
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        <cusip>157411XB0</cusip>
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          <isin value="US157411XB01"/>
          <ticker value="CHFSCD"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
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          <ticker value="CHNFAC"/>
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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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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 4.00% 09/01/2036</title>
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          <ticker value="CHNFAC"/>
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        <valUSD>1564794.4200000000</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>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 4.00% 09/01/2029</title>
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          <isin value="US169511XS63"/>
          <ticker value="CHNFAC"/>
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        <curCd>USD</curCd>
        <valUSD>291996.0400000000</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% 09/01/2034</title>
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          <isin value="US169511XT47"/>
          <ticker value="CHNFAC"/>
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        <curCd>USD</curCd>
        <valUSD>726228.1100000000</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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          <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% 09/01/2039</title>
        <cusip>169511XU1</cusip>
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          <isin value="US169511XU10"/>
          <ticker value="CHNFAC"/>
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        <balance>835000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>909211.4600000000</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>2039-09-01</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>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2044</title>
        <cusip>169511XV9</cusip>
        <identifiers>
          <isin value="US169511XV92"/>
          <ticker value="CHNFAC"/>
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        <balance>795000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>832564.3100000000</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>
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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 5.00% 09/01/2026</title>
        <cusip>169511XY3</cusip>
        <identifiers>
          <isin value="US169511XY32"/>
          <ticker value="CHNFAC"/>
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        <balance>130000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>131367.9500000000</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>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <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% 09/01/2027</title>
        <cusip>169511XZ0</cusip>
        <identifiers>
          <isin value="US169511XZ07"/>
          <ticker value="CHNFAC"/>
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        <balance>195000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201714.0100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2028</title>
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        <identifiers>
          <isin value="US169511YA47"/>
          <ticker value="CHNFAC"/>
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        <balance>205000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215625.8300000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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 5.00% 09/01/2029</title>
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        <identifiers>
          <isin value="US169511YB20"/>
          <ticker value="CHNFAC"/>
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        <balance>215000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>228884.5900000000</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>2029-09-01</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>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2031</title>
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        <identifiers>
          <isin value="US169511YD85"/>
          <ticker value="CHNFAC"/>
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        <balance>235000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>255330.1600000000</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>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2032</title>
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          <isin value="US169511YE68"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Chino Community Facilities District</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District 5.00% 09/01/2033</title>
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          <isin value="US169511YF34"/>
          <ticker value="CHNFAC"/>
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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>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>MASTER'S UNIV &amp; SEMINARY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2028</title>
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          <isin value="US13048VMT25"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>897082.0700000000</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>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>MASTER'S UNIV &amp; SEMINARY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2029</title>
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        <identifiers>
          <isin value="US13048VMU97"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>951020.7000000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>MASTER'S UNIV &amp; SEMINARY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <identifiers>
          <isin value="US13048VMW53"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1789659.5500000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLINICAS DEL CAMINO REAL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 03/01/2030</title>
        <cusip>13048VNM6</cusip>
        <identifiers>
          <isin value="US13048VNM62"/>
          <ticker value="CASFIN"/>
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        <balance>785000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>795254.3000000000</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>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>Inglewood Unified School District</name>
        <lei>N/A</lei>
        <title>Inglewood Unified School District 5.00% 08/01/2032</title>
        <cusip>457110LC6</cusip>
        <identifiers>
          <isin value="US457110LC69"/>
          <ticker value="INGSCD"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>506198.1000000000</valUSD>
        <pctVal>0.0228132448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Long Beach Unified School District</name>
        <lei>N/A</lei>
        <title>Long Beach Unified School District 5.00% 08/01/2028</title>
        <cusip>542433RB5</cusip>
        <identifiers>
          <isin value="US542433RB55"/>
          <ticker value="LONSCD"/>
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        <curCd>USD</curCd>
        <valUSD>5061778.5000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Long Beach Unified School District</name>
        <lei>N/A</lei>
        <title>Long Beach Unified School District 5.00% 08/01/2032</title>
        <cusip>542433UQ8</cusip>
        <identifiers>
          <isin value="US542433UQ87"/>
          <ticker value="LONSCD"/>
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        <balance>3985000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4032907.2700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Los Alamitos Unified School District</name>
        <lei>549300YJXGV6HPEZKU12</lei>
        <title>Los Alamitos Unified School District 6.05% 08/01/2042</title>
        <cusip>544204DW7</cusip>
        <identifiers>
          <isin value="US544204DW75"/>
          <ticker value="LALEDU"/>
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        <balance>3200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3506722.8800000000</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>2042-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.050000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Inglewood Unified School District</name>
        <lei>N/A</lei>
        <title>Inglewood Unified School District 5.00% 08/01/2034</title>
        <cusip>457110LE2</cusip>
        <identifiers>
          <isin value="US457110LE26"/>
          <ticker value="INGSCD"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303386.2500000000</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>2034-08-01</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>Inglewood Unified School District</name>
        <lei>N/A</lei>
        <title>Inglewood Unified School District 5.00% 08/01/2035</title>
        <cusip>457110LF9</cusip>
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          <isin value="US457110LF90"/>
          <ticker value="INGSCD"/>
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        <balance>855000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>864024.9500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Inglewood Unified School District</name>
        <lei>N/A</lei>
        <title>Inglewood Unified School District 5.00% 08/01/2037</title>
        <cusip>457110LH5</cusip>
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          <isin value="US457110LH56"/>
          <ticker value="INGSCD"/>
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        <curCd>USD</curCd>
        <valUSD>504740.0500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Irvine Unified School District</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District 4.00% 09/01/2038</title>
        <cusip>463612NP2</cusip>
        <identifiers>
          <isin value="US463612NP22"/>
          <ticker value="IRVEDU"/>
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        <balance>2720000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2760996.9300000000</valUSD>
        <pctVal>0.1244321124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>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>Irvine Unified School District Financing Authority</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District Financing Authority 4.00% 09/01/2036</title>
        <cusip>46361RCG9</cusip>
        <identifiers>
          <isin value="US46361RCG92"/>
          <ticker value="IRVEDU"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1505723.4000000000</valUSD>
        <pctVal>0.0678596710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</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>Jurupa Community Services District</name>
        <lei>N/A</lei>
        <title>Jurupa Community Services District 5.00% 09/01/2040</title>
        <cusip>48210CGK8</cusip>
        <identifiers>
          <isin value="US48210CGK80"/>
          <ticker value="JURFAC"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1080172.4000000000</valUSD>
        <pctVal>0.0486810152</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>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Jurupa Community Services District</name>
        <lei>N/A</lei>
        <title>Jurupa Community Services District 5.00% 09/01/2045</title>
        <cusip>48210CGL6</cusip>
        <identifiers>
          <isin value="US48210CGL63"/>
          <ticker value="JURFAC"/>
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        <balance>2965000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3079235.2200000000</valUSD>
        <pctVal>0.1387744183</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>
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        <securityLending>
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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% 08/01/2039</title>
        <cusip>490818MS7</cusip>
        <identifiers>
          <isin value="US490818MS74"/>
          <ticker value="KENSCD"/>
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        <balance>1010000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1197283.5900000000</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>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kern Community College District</name>
        <lei>N/A</lei>
        <title>Kern Community College District 5.00% 08/01/2039</title>
        <cusip>492244HK7</cusip>
        <identifiers>
          <isin value="US492244HK79"/>
          <ticker value="KERHGR"/>
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        <balance>2000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2317603.2000000000</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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kern Community College District</name>
        <lei>N/A</lei>
        <title>Kern Community College District 5.00% 08/01/2040</title>
        <cusip>492244HL5</cusip>
        <identifiers>
          <isin value="US492244HL52"/>
          <ticker value="KERHGR"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>La Mesa-Spring Valley School District</name>
        <lei>N/A</lei>
        <title>La Mesa-Spring Valley School District 4.00% 08/01/2042</title>
        <cusip>503678SC9</cusip>
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          <isin value="US503678SC91"/>
          <ticker value="LMSSCD"/>
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        <curCd>USD</curCd>
        <valUSD>359073.6800000000</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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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>La Mesa-Spring Valley School District</name>
        <lei>N/A</lei>
        <title>La Mesa-Spring Valley School District 4.00% 08/01/2043</title>
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          <ticker value="LMSSCD"/>
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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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        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
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        <title>California Municipal Finance Authority 5.00% 04/01/2029</title>
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          <isin value="US13048V2E78"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>266498.2800000000</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>
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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>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2030</title>
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          <isin value="US13048V2F44"/>
          <ticker value="CASFIN"/>
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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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PRS-CALIFORNIA OBLIG GRP</name>
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          <isin value="US13048V2G27"/>
          <ticker value="CASFIN"/>
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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>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
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          <isin value="US13048V2H00"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>345863.6200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2033</title>
        <cusip>13048V2J6</cusip>
        <identifiers>
          <isin value="US13048V2J65"/>
          <ticker value="CASFIN"/>
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        <balance>490000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>552059.7300000000</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>2033-04-01</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>La Mesa-Spring Valley School District</name>
        <lei>N/A</lei>
        <title>La Mesa-Spring Valley School District 5.00% 08/01/2047</title>
        <cusip>503678SE5</cusip>
        <identifiers>
          <isin value="US503678SE57"/>
          <ticker value="LMSSCD"/>
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        <balance>1250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1317991.7500000000</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>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
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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% 09/01/2040</title>
        <cusip>513533JT7</cusip>
        <identifiers>
          <isin value="US513533JT71"/>
          <ticker value="LSVSCD"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>431740.5200000000</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>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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2034</title>
        <cusip>13048V2K3</cusip>
        <identifiers>
          <isin value="US13048V2K39"/>
          <ticker value="CASFIN"/>
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        <balance>410000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>463723.0800000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</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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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2035</title>
        <cusip>13048V2L1</cusip>
        <identifiers>
          <isin value="US13048V2L12"/>
          <ticker value="CASFIN"/>
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        <balance>725000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>815975.5400000000</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>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRS-CALIFORNIA OBLIG GRP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 04/01/2036</title>
        <cusip>13048V2M9</cusip>
        <identifiers>
          <isin value="US13048V2M94"/>
          <ticker value="CASFIN"/>
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        <balance>565000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>632630.2200000000</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>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA BAPTIST UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.13% 11/01/2040</title>
        <cusip>13048V3E6</cusip>
        <identifiers>
          <isin value="US13048V3E69"/>
          <ticker value="CASFIN"/>
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        <balance>1100000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1175356.2700000000</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>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lammersville Joint Unified School District</name>
        <lei>N/A</lei>
        <title>Lammersville Joint Unified School District 5.00% 09/01/2045</title>
        <cusip>513533JU4</cusip>
        <identifiers>
          <isin value="US513533JU45"/>
          <ticker value="LSVSCD"/>
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        <curCd>USD</curCd>
        <valUSD>1895313.4200000000</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>City of Lincoln CA</name>
        <lei>N/A</lei>
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        <cusip>533042JS7</cusip>
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          <isin value="US533042JS74"/>
          <ticker value="LINGEN"/>
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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>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>HUMANGOOD CA OBLIG GROUP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2035</title>
        <cusip>13048V3N6</cusip>
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          <isin value="US13048V3N68"/>
          <ticker value="CASFIN"/>
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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>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2027</title>
        <cusip>13048VDK1</cusip>
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          <isin value="US13048VDK17"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Los Angeles CA Wastewater System Revenue</name>
        <lei>N/A</lei>
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        <cusip>53945CJT8</cusip>
        <identifiers>
          <isin value="US53945CJT80"/>
          <ticker value="LOSUTL"/>
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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>Long Beach Bond Finance Authority</name>
        <lei>549300BKBZ5U7OZH3S21</lei>
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          <ticker value="LONUTL"/>
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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 LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2028</title>
        <cusip>13048VDL9</cusip>
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          <isin value="US13048VDL99"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>157908.0900000000</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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        <securityLending>
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      <invstOrSec>
        <name>CALIFORNIA LUTHERAN UNIV</name>
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          <isin value="US13048VDM72"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Long Beach Bond Finance Authority</name>
        <lei>549300BKBZ5U7OZH3S21</lei>
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        <cusip>54241AAZ6</cusip>
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          <isin value="US54241AAZ66"/>
          <ticker value="LONUTL"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Long Beach CA Marina System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US542426DM08"/>
          <ticker value="LONFAC"/>
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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>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2030</title>
        <cusip>13048VDN5</cusip>
        <identifiers>
          <isin value="US13048VDN55"/>
          <ticker value="CASFIN"/>
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        <balance>225000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236295.1100000000</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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      <invstOrSec>
        <name>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2031</title>
        <cusip>13048VDP0</cusip>
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          <isin value="US13048VDP04"/>
          <ticker value="CASFIN"/>
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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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          <annualizedRt>5.000000000000000</annualizedRt>
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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% 09/01/2027</title>
        <cusip>79773NAA6</cusip>
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          <isin value="US79773NAA63"/>
          <ticker value="SFIFAC"/>
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        <balance>155000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160221.1800000000</valUSD>
        <pctVal>0.0072208193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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% 09/01/2032</title>
        <cusip>79773NAB4</cusip>
        <identifiers>
          <isin value="US79773NAB47"/>
          <ticker value="SFIFAC"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>441118.8800000000</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>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2032</title>
        <cusip>13048VDQ8</cusip>
        <identifiers>
          <isin value="US13048VDQ86"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>235233.7700000000</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>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2033</title>
        <cusip>13048VDR6</cusip>
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          <isin value="US13048VDR69"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>234693.5600000000</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>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2034</title>
        <cusip>13048VDS4</cusip>
        <identifiers>
          <isin value="US13048VDS43"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>260064.0500000000</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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      <invstOrSec>
        <name>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2035</title>
        <cusip>13048VDT2</cusip>
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          <isin value="US13048VDT26"/>
          <ticker value="CASFIN"/>
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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 LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2036</title>
        <cusip>13048VDU9</cusip>
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          <isin value="US13048VDU98"/>
          <ticker value="CASFIN"/>
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        <valUSD>258826.2500000000</valUSD>
        <pctVal>0.0116647348</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>
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      <invstOrSec>
        <name>CALIFORNIA LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2037</title>
        <cusip>13048VDV7</cusip>
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          <isin value="US13048VDV71"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
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        <pctVal>0.0360768728</pctVal>
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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 LUTHERAN UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2038</title>
        <cusip>13048VDW5</cusip>
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          <isin value="US13048VDW54"/>
          <ticker value="CASFIN"/>
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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>WILLIAM JESSUP UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2029</title>
        <cusip>13048VJD1</cusip>
        <identifiers>
          <isin value="US13048VJD10"/>
          <ticker value="CASFIN"/>
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        <valUSD>906605.6000000000</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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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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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% 08/01/2039</title>
        <cusip>13048VJE9</cusip>
        <identifiers>
          <isin value="US13048VJE92"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>2076775.2500000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>WILLIAM JESSUP UNIVERSITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2026</title>
        <cusip>13048VJH2</cusip>
        <identifiers>
          <isin value="US13048VJH24"/>
          <ticker value="CASFIN"/>
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        <balance>1530000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1493179.6300000000</valUSD>
        <pctVal>0.0672943506</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALDERSLY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 11/15/2028</title>
        <cusip>13048VL71</cusip>
        <identifiers>
          <isin value="US13048VL718"/>
          <ticker value="CASFIN"/>
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        <balance>940000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>942357.8000000000</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>2028-11-15</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>ALDERSLY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 3.75% 11/15/2028</title>
        <cusip>13048VL89</cusip>
        <identifiers>
          <isin value="US13048VL890"/>
          <ticker value="CASFIN"/>
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        <balance>1065000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1065423.5500000000</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>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASTER'S UNIV &amp; SEMINARY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 08/01/2026</title>
        <cusip>13048VMR6</cusip>
        <identifiers>
          <isin value="US13048VMR68"/>
          <ticker value="CASFIN"/>
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        <balance>780000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>785568.7300000000</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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTER'S UNIV &amp; SEMINARY</name>
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        <title>California Municipal Finance Authority 5.00% 08/01/2027</title>
        <cusip>13048VMS4</cusip>
        <identifiers>
          <isin value="US13048VMS42"/>
          <ticker value="CASFIN"/>
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        <balance>820000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>839653.3500000000</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>2027-08-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CLINICAS DEL CAMINO REAL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 03/01/2031</title>
        <cusip>13048VNN4</cusip>
        <identifiers>
          <isin value="US13048VNN46"/>
          <ticker value="CASFIN"/>
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        <balance>1635000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1653432.0100000000</valUSD>
        <pctVal>0.0745165760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>CLINICAS DEL CAMINO REAL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 03/01/2032</title>
        <cusip>13048VNP9</cusip>
        <identifiers>
          <isin value="US13048VNP93"/>
          <ticker value="CASFIN"/>
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        <balance>1700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1716134.7000000000</valUSD>
        <pctVal>0.0773424496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</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>CLINICAS DEL CAMINO REAL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 03/01/2034</title>
        <cusip>13048VNR5</cusip>
        <identifiers>
          <isin value="US13048VNR59"/>
          <ticker value="CASFIN"/>
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        <balance>1240000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1244796.0700000000</valUSD>
        <pctVal>0.0561002451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>CLINICAS DEL CAMINO REAL</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 03/01/2035</title>
        <cusip>13048VNS3</cusip>
        <identifiers>
          <isin value="US13048VNS33"/>
          <ticker value="CASFIN"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>500270.0000000000</valUSD>
        <pctVal>0.0225460783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>CLAREMONT GRADUATE UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2034</title>
        <cusip>13048VPV4</cusip>
        <identifiers>
          <isin value="US13048VPV44"/>
          <ticker value="CASFIN"/>
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        <balance>435000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>452414.7000000000</valUSD>
        <pctVal>0.0203893442</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</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>CLAREMONT GRADUATE UNIV</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 10/01/2039</title>
        <cusip>13048VPW2</cusip>
        <identifiers>
          <isin value="US13048VPW27"/>
          <ticker value="CASFIN"/>
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        <balance>1130000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1148003.0500000000</valUSD>
        <pctVal>0.0517379947</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</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>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 12/01/2040</title>
        <cusip>13048VS41</cusip>
        <identifiers>
          <isin value="US13048VS416"/>
          <ticker value="CASFIN"/>
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        <balance>600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>682211.4000000000</valUSD>
        <pctVal>0.0307457805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 4.00% 12/01/2043</title>
        <cusip>13048VS58</cusip>
        <identifiers>
          <isin value="US13048VS580"/>
          <ticker value="CASFIN"/>
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        <balance>2100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2105122.3200000000</valUSD>
        <pctVal>0.0948732736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs</name>
        <lei>N/A</lei>
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        <cusip>79773NAC2</cusip>
        <identifiers>
          <isin value="US79773NAC20"/>
          <ticker value="SFIFAC"/>
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        <balance>385000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411793.4600000000</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs</name>
        <lei>N/A</lei>
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          <isin value="US79773NAL29"/>
          <ticker value="SFIFAC"/>
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        <balance>1200000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1305568.2000000000</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>5.000000000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>THE IGNATIAN CORPORATION</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2039</title>
        <cusip>13048VU48</cusip>
        <identifiers>
          <isin value="US13048VU487"/>
          <ticker value="CASFIN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1142924.5000000000</valUSD>
        <pctVal>0.0515091155</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>
      <invstOrSec>
        <name>THE IGNATIAN CORPORATION</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2040</title>
        <cusip>13048VU55</cusip>
        <identifiers>
          <isin value="US13048VU552"/>
          <ticker value="CASFIN"/>
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        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>846884.7800000000</valUSD>
        <pctVal>0.0381672507</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>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE IGNATIAN CORPORATION</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 09/01/2041</title>
        <cusip>13048VU63</cusip>
        <identifiers>
          <isin value="US13048VU636"/>
          <ticker value="CASFIN"/>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
        <lei>N/A</lei>
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        <cusip>798111GU8</cusip>
        <identifiers>
          <isin value="US798111GU86"/>
          <ticker value="SJHTRN"/>
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        <balance>1730000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1823040.0900000000</valUSD>
        <pctVal>0.0821604424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Santa Clara Valley Water District Safe Clean Water Revenue</name>
        <lei>N/A</lei>
        <title>Santa Clara Valley Water District Safe Clean Water Revenue 5.00% 12/01/2026</title>
        <cusip>80168DAA9</cusip>
        <identifiers>
          <isin value="US80168DAA90"/>
          <ticker value="SCVWTR"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2042235.4000000000</valUSD>
        <pctVal>0.0920390972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Santa Monica Redevelopment Agency</name>
        <lei>N/A</lei>
        <title>Santa Monica Redevelopment Agency 5.88% 07/01/2042</title>
        <cusip>802447FD9</cusip>
        <identifiers>
          <isin value="US802447FD91"/>
          <ticker value="SMCDEV"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002602.3000000000</valUSD>
        <pctVal>0.0451850999</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>5.875000000000000</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>Santa Monica-Malibu Unified School District</name>
        <lei>N/A</lei>
        <title>Santa Monica-Malibu Unified School District 5.00% 07/01/2034</title>
        <cusip>802498G58</cusip>
        <identifiers>
          <isin value="US802498G588"/>
          <ticker value="SMCSCD"/>
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        <balance>6000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7324000.2000000000</valUSD>
        <pctVal>0.3300767219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</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>Santa Monica-Malibu Unified School District</name>
        <lei>N/A</lei>
        <title>Santa Monica-Malibu Unified School District 5.00% 07/01/2035</title>
        <cusip>802498G66</cusip>
        <identifiers>
          <isin value="US802498G661"/>
          <ticker value="SMCSCD"/>
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        <balance>6000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7413230.4000000000</valUSD>
        <pctVal>0.3340981325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>SUTTER HEALTH OBLIG GROUP</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 11/15/2042</title>
        <cusip>13032URN0</cusip>
        <identifiers>
          <isin value="US13032URN09"/>
          <ticker value="CASMED"/>
          <other otherDesc="SEDOL" value="BFYNBM8"/>
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        <balance>2925000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2907037.5800000000</valUSD>
        <pctVal>0.1310138461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</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>
      <invstOrSec>
        <name>CHILDRENS HOSP ORANGE OBL</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 11/01/2031</title>
        <cusip>13032UTM0</cusip>
        <identifiers>
          <isin value="US13032UTM08"/>
          <ticker value="CASMED"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1108826.9000000000</valUSD>
        <pctVal>0.0499724110</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Santa Paula CA</name>
        <lei>N/A</lei>
        <title>City of Santa Paula CA 5.00% 09/01/2040</title>
        <cusip>802545AM5</cusip>
        <identifiers>
          <isin value="US802545AM54"/>
          <ticker value="SPLGEN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1044141.2000000000</valUSD>
        <pctVal>0.0470571675</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>
      <invstOrSec>
        <name>Santa Paula Utility Authority</name>
        <lei>N/A</lei>
        <title>Santa Paula Utility Authority 5.00% 02/01/2031</title>
        <cusip>802557BK3</cusip>
        <identifiers>
          <isin value="US802557BK35"/>
          <ticker value="SPLUTL"/>
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        <balance>2090000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2273401.8900000000</valUSD>
        <pctVal>0.1024572669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</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>CHILDRENS HOSP ORANGE OBL</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 11/01/2032</title>
        <cusip>13032UTN8</cusip>
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          <isin value="US13032UTN80"/>
          <ticker value="CASMED"/>
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        <balance>1200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1325934.6000000000</valUSD>
        <pctVal>0.0597569817</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>
        <name>ADVENTIST HLTH SYS/W OBLG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.25% 12/01/2040</title>
        <cusip>13032UU30</cusip>
        <identifiers>
          <isin value="US13032UU301"/>
          <ticker value="CASMED"/>
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        <balance>4820000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5373228.5100000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Santa Paula Utility Authority</name>
        <lei>N/A</lei>
        <title>Santa Paula Utility Authority 5.00% 02/01/2032</title>
        <cusip>802557BL1</cusip>
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          <isin value="US802557BL18"/>
          <ticker value="SPLUTL"/>
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        <curCd>USD</curCd>
        <valUSD>2056929.1700000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Santa Paula Utility Authority</name>
        <lei>N/A</lei>
        <title>Santa Paula Utility Authority 4.00% 02/01/2033</title>
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          <isin value="US802557BM90"/>
          <ticker value="SPLUTL"/>
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        <curCd>USD</curCd>
        <valUSD>2068123.4000000000</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>4.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Santa Paula Utility Authority</name>
        <lei>N/A</lei>
        <title>Santa Paula Utility Authority 4.00% 02/01/2034</title>
        <cusip>802557BN7</cusip>
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          <isin value="US802557BN73"/>
          <ticker value="SPLUTL"/>
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        <balance>600000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>619056.3000000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shasta Union High School District</name>
        <lei>N/A</lei>
        <title>Shasta Union High School District 0.00% 02/01/2029</title>
        <cusip>820174JE1</cusip>
        <identifiers>
          <isin value="US820174JE14"/>
          <ticker value="SHASCD"/>
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        <curCd>USD</curCd>
        <valUSD>9346609.0000000000</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>None</couponKind>
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          <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>COMMONSPIRIT HLTH OBLIG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 04/01/2045</title>
        <cusip>13032UU89</cusip>
        <identifiers>
          <isin value="US13032UU897"/>
          <ticker value="CASMED"/>
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        <curCd>USD</curCd>
        <valUSD>992212.7000000000</valUSD>
        <pctVal>0.0447168633</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>
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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>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/15/2031</title>
        <cusip>13049YAZ4</cusip>
        <identifiers>
          <isin value="US13049YAZ43"/>
          <ticker value="CASFIN"/>
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        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>422802.3600000000</valUSD>
        <pctVal>0.0190547806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sonoma Community Development Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Sonoma Community Development Agency Successor Agency 5.00% 06/01/2029</title>
        <cusip>835523AL5</cusip>
        <identifiers>
          <isin value="US835523AL51"/>
          <ticker value="SONDEV"/>
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        <balance>1100000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1108943.2200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sonoma Community Development Agency Successor Agency</name>
        <lei>N/A</lei>
        <title>Sonoma Community Development Agency Successor Agency 5.00% 06/01/2033</title>
        <cusip>835523AM3</cusip>
        <identifiers>
          <isin value="US835523AM35"/>
          <ticker value="SONDEV"/>
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        <balance>1325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1335114.7900000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/15/2035</title>
        <cusip>13049YBD2</cusip>
        <identifiers>
          <isin value="US13049YBD22"/>
          <ticker value="CASFIN"/>
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        <balance>7500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7852611.0000000000</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>2035-05-15</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>CHF-DAVIS I LLC</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 05/15/2038</title>
        <cusip>13049YBG5</cusip>
        <identifiers>
          <isin value="US13049YBG52"/>
          <ticker value="CASFIN"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519337.3500000000</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>2038-05-15</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>
        <name>South Bayside Waste Management Authority</name>
        <lei>N/A</lei>
        <title>South Bayside Waste Management Authority 5.00% 09/01/2033</title>
        <cusip>83646ABP7</cusip>
        <identifiers>
          <isin value="US83646ABP75"/>
          <ticker value="SBAPOL"/>
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        <balance>15000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16306.2800000000</valUSD>
        <pctVal>0.0007348885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</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>South Bayside Waste Management Authority</name>
        <lei>N/A</lei>
        <title>South Bayside Waste Management Authority 5.00% 09/01/2036</title>
        <cusip>83646ABS1</cusip>
        <identifiers>
          <isin value="US83646ABS15"/>
          <ticker value="SBAPOL"/>
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        <balance>70000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76095.9900000000</valUSD>
        <pctVal>0.0034294804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</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>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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        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3190749.9000000000</valUSD>
        <pctVal>0.1438001418</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>
          <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>Clovis Unified School District</name>
        <lei>N/A</lei>
        <title>Clovis Unified School District 4.00% 08/01/2048</title>
        <cusip>189342T32</cusip>
        <identifiers>
          <isin value="US189342T329"/>
          <ticker value="CVSSCD"/>
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        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3943779.6000000000</valUSD>
        <pctVal>0.1777375487</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>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>South Bayside Waste Management Authority</name>
        <lei>N/A</lei>
        <title>South Bayside Waste Management Authority 5.00% 09/01/2040</title>
        <cusip>83646ABW2</cusip>
        <identifiers>
          <isin value="US83646ABW27"/>
          <ticker value="SBAPOL"/>
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        <balance>80000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86966.8400000000</valUSD>
        <pctVal>0.0039194059</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>KAISER FDTN HOSPITALS</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 06/01/2041</title>
        <cusip>13032UUW6</cusip>
        <identifiers>
          <isin value="US13032UUW60"/>
          <ticker value="CASMED"/>
          <other otherDesc="SEDOL" value="BJK1LG8"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2198887.2000000000</valUSD>
        <pctVal>0.0990990523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Variable</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>Compton Unified School District/CA</name>
        <lei>N/A</lei>
        <title>Compton Unified School District/CA 4.00% 06/01/2034</title>
        <cusip>204738BC1</cusip>
        <identifiers>
          <isin value="US204738BC10"/>
          <ticker value="COMEDU"/>
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        <balance>575000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>582336.2500000000</valUSD>
        <pctVal>0.0262446252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</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 Community Facilities District</name>
        <lei>N/A</lei>
        <title>Corona Community Facilities District 5.00% 09/01/2039</title>
        <cusip>219680HC2</cusip>
        <identifiers>
          <isin value="US219680HC28"/>
          <ticker value="COOFAC"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>544700.5500000000</valUSD>
        <pctVal>0.0245484663</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Corona Community Facilities District</name>
        <lei>N/A</lei>
        <title>Corona Community Facilities District 5.00% 09/01/2044</title>
        <cusip>219680HD0</cusip>
        <identifiers>
          <isin value="US219680HD01"/>
          <ticker value="COOFAC"/>
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        <balance>725000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>758731.8600000000</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>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Del Mar Union School District</name>
        <lei>N/A</lei>
        <title>Del Mar Union School District 4.00% 09/01/2030</title>
        <cusip>245157DX7</cusip>
        <identifiers>
          <isin value="US245157DX75"/>
          <ticker value="DMRSCD"/>
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        <balance>225000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233023.6600000000</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>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Del Mar Union School District</name>
        <lei>N/A</lei>
        <title>Del Mar Union School District 4.00% 09/01/2031</title>
        <cusip>245157DY5</cusip>
        <identifiers>
          <isin value="US245157DY58"/>
          <ticker value="DMRSCD"/>
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        <balance>250000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258511.4000000000</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>2031-09-01</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>Del Mar Union School District</name>
        <lei>N/A</lei>
        <title>Del Mar Union School District 4.00% 09/01/2032</title>
        <cusip>245157DZ2</cusip>
        <identifiers>
          <isin value="US245157DZ24"/>
          <ticker value="DMRSCD"/>
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        <balance>275000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>283759.6900000000</valUSD>
        <pctVal>0.0127884306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000000</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>
      <invstOrSec>
        <name>COMMONSPIRIT HLTH OBLIG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 04/01/2037</title>
        <cusip>13032UWY0</cusip>
        <identifiers>
          <isin value="US13032UWY09"/>
          <ticker value="CASMED"/>
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        <balance>1600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1647581.1200000000</valUSD>
        <pctVal>0.0742528892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</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>COMMONSPIRIT HLTH OBLIG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 04/01/2038</title>
        <cusip>13032UWZ7</cusip>
        <identifiers>
          <isin value="US13032UWZ73"/>
          <ticker value="CASMED"/>
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        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3077818.2000000000</valUSD>
        <pctVal>0.1387105563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</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>LUCILE S PACKARD CHLD HSP</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 08/15/2034</title>
        <cusip>13032UX45</cusip>
        <identifiers>
          <isin value="US13032UX453"/>
          <ticker value="CASMED"/>
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        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4823306.4000000000</valUSD>
        <pctVal>0.2173759041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</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>ESKATON PPTYS INC OBLG GP</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 11/15/2038</title>
        <cusip>13048VZ68</cusip>
        <identifiers>
          <isin value="US13048VZ684"/>
          <ticker value="CASFIN"/>
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        <balance>3105000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3408164.7500000000</valUSD>
        <pctVal>0.1535985551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Del Mar Union School District</name>
        <lei>N/A</lei>
        <title>Del Mar Union School District 4.00% 09/01/2033</title>
        <cusip>245157EA6</cusip>
        <identifiers>
          <isin value="US245157EA63"/>
          <ticker value="DMRSCD"/>
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        <balance>265000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>272677.2100000000</valUSD>
        <pctVal>0.0122889674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</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>Del Mar Union School District</name>
        <lei>N/A</lei>
        <title>Del Mar Union School District 4.00% 09/01/2037</title>
        <cusip>245157EE8</cusip>
        <identifiers>
          <isin value="US245157EE85"/>
          <ticker value="DMRSCD"/>
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        <balance>1345000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1364659.4600000000</valUSD>
        <pctVal>0.0615022268</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>4.000000000000000</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>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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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1309850.1300000000</valUSD>
        <pctVal>0.0590320897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SCRIPPS COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2028</title>
        <cusip>130491AA1</cusip>
        <identifiers>
          <isin value="US130491AA17"/>
          <ticker value="CASEDU"/>
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        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372661.8700000000</valUSD>
        <pctVal>0.0167950580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Del Mar Union School District</name>
        <lei>N/A</lei>
        <title>Del Mar Union School District 4.00% 09/01/2039</title>
        <cusip>245157EG3</cusip>
        <identifiers>
          <isin value="US245157EG34"/>
          <ticker value="DMRSCD"/>
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        <balance>1285000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1293517.8800000000</valUSD>
        <pctVal>0.0582960308</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>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>Desert Community College District</name>
        <lei>N/A</lei>
        <title>Desert Community College District 5.00% 08/01/2051</title>
        <cusip>250375NY4</cusip>
        <identifiers>
          <isin value="US250375NY45"/>
          <ticker value="DESHGR"/>
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        <balance>3050000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3284670.6600000000</valUSD>
        <pctVal>0.1480329457</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>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>SCRIPPS COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 07/01/2030</title>
        <cusip>130491AC7</cusip>
        <identifiers>
          <isin value="US130491AC72"/>
          <ticker value="CASEDU"/>
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        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>335009.1600000000</valUSD>
        <pctVal>0.0150981325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Eastern Municipal Water District Financing Authority</name>
        <lei>N/A</lei>
        <title>Eastern Municipal Water District Financing Authority 4.00% 07/01/2038</title>
        <cusip>27677SBN2</cusip>
        <identifiers>
          <isin value="US27677SBN27"/>
          <ticker value="EASWTR"/>
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        <balance>1500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1571952.7500000000</valUSD>
        <pctVal>0.0708444834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</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>Desert Sands Unified School District</name>
        <lei>N/A</lei>
        <title>Desert Sands Unified School District 5.00% 08/01/2039</title>
        <cusip>250433TR0</cusip>
        <identifiers>
          <isin value="US250433TR06"/>
          <ticker value="DTSSCD"/>
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        <balance>1750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1805964.6500000000</valUSD>
        <pctVal>0.0813908896</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>
          <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>Desert Sands Unified School District</name>
        <lei>N/A</lei>
        <title>Desert Sands Unified School District 5.00% 08/01/2028</title>
        <cusip>250433WV7</cusip>
        <identifiers>
          <isin value="US250433WV70"/>
          <ticker value="DTSSCD"/>
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        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3231228.0000000000</valUSD>
        <pctVal>0.1456244015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>City of Dixon CA</name>
        <lei>N/A</lei>
        <title>City of Dixon CA 4.00% 09/01/2036</title>
        <cusip>255650DY6</cusip>
        <identifiers>
          <isin value="US255650DY67"/>
          <ticker value="DXNGEN"/>
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        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203423.8200000000</valUSD>
        <pctVal>0.0091678681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</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>City of Dixon CA</name>
        <lei>N/A</lei>
        <title>City of Dixon CA 5.00% 09/01/2038</title>
        <cusip>255650FJ7</cusip>
        <identifiers>
          <isin value="US255650FJ72"/>
          <ticker value="DXNGEN"/>
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        <balance>1290000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1380631.1400000000</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>2038-09-01</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 Dixon CA</name>
        <lei>N/A</lei>
        <title>City of Dixon CA 5.00% 09/01/2043</title>
        <cusip>255650FK4</cusip>
        <identifiers>
          <isin value="US255650FK46"/>
          <ticker value="DXNGEN"/>
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        <balance>2280000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2369671.9400000000</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>2043-09-01</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 Long Beach CA Marina System Revenue</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Marina System Revenue 5.00% 05/15/2037</title>
        <cusip>542426DN8</cusip>
        <identifiers>
          <isin value="US542426DN80"/>
          <ticker value="LONFAC"/>
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        <balance>2005000.0000000000</balance>
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        <lei>N/A</lei>
        <title>Palomar Health 5.00% 11/01/2032</title>
        <cusip>69752RAL9</cusip>
        <identifiers>
          <isin value="US69752RAL96"/>
          <ticker value="PMRMED"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4009421.2000000000</valUSD>
        <pctVal>0.1806958725</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PALOMAR HEALTH OBLIG GRP</name>
        <lei>N/A</lei>
        <title>Palomar Health 7.00% 08/01/2038</title>
        <cusip>69753RCY8</cusip>
        <identifiers>
          <isin value="US69753RCY80"/>
          <ticker value="PMRMED"/>
        </identifiers>
        <balance>3330000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3710255.7000000000</valUSD>
        <pctVal>0.1672131356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.000000000000000</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>Palos Verdes Peninsula Unified School District</name>
        <lei>N/A</lei>
        <title>Palos Verdes Peninsula Unified School District 0.00% 08/01/2033</title>
        <cusip>697634YL1</cusip>
        <identifiers>
          <isin value="US697634YL12"/>
          <ticker value="PVPSCD"/>
        </identifiers>
        <balance>2600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2147942.9400000000</valUSD>
        <pctVal>0.0968031056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paradise Unified School District</name>
        <lei>N/A</lei>
        <title>Paradise Unified School District 5.25% 05/01/2044</title>
        <cusip>699042BX4</cusip>
        <identifiers>
          <isin value="US699042BX41"/>
          <ticker value="PDSEDU"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1024805.0000000000</valUSD>
        <pctVal>0.0461857272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-01</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>Paradise Unified School District</name>
        <lei>N/A</lei>
        <title>Paradise Unified School District 5.25% 05/01/2048</title>
        <cusip>699042BY2</cusip>
        <identifiers>
          <isin value="US699042BY24"/>
          <ticker value="PDSEDU"/>
        </identifiers>
        <balance>2620000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2655872.5200000000</valUSD>
        <pctVal>0.1196943844</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-01</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>Pasadena Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Pasadena Public Financing Authority 0.00% 06/01/2040</title>
        <cusip>702274DK4</cusip>
        <identifiers>
          <isin value="US702274DK45"/>
          <ticker value="PASGEN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>575015.6000000000</valUSD>
        <pctVal>0.0259146995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</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>Pasadena Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Pasadena Public Financing Authority 0.00% 06/01/2041</title>
        <cusip>702274DL2</cusip>
        <identifiers>
          <isin value="US702274DL28"/>
          <ticker value="PASGEN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>544790.1000000000</valUSD>
        <pctVal>0.0245525021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</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>Pasadena Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Pasadena Public Financing Authority 0.00% 06/01/2042</title>
        <cusip>702274DM0</cusip>
        <identifiers>
          <isin value="US702274DM01"/>
          <ticker value="PASGEN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513897.3000000000</valUSD>
        <pctVal>0.0231602310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</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>City of Sacramento CA</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA 4.00% 09/01/2041</title>
        <cusip>786071RA0</cusip>
        <identifiers>
          <isin value="US786071RA07"/>
          <ticker value="SACGEN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001483.0000000000</valUSD>
        <pctVal>0.0451346555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</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>Abag Finance Authority for Nonprofit Corps</name>
        <lei>549300EWVCCTI6O2KU84</lei>
        <title>Abag Finance Authority for Nonprofit Corps 5.00% 09/02/2028</title>
        <cusip>00037CWT3</cusip>
        <identifiers>
          <isin value="US00037CWT34"/>
          <ticker value="AFAGEN"/>
        </identifiers>
        <balance>2620000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2740534.1500000000</valUSD>
        <pctVal>0.1235098995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-02</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Abag Finance Authority for Nonprofit Corps</name>
        <lei>549300EWVCCTI6O2KU84</lei>
        <title>Abag Finance Authority for Nonprofit Corps 5.00% 09/02/2031</title>
        <cusip>00037CWW6</cusip>
        <identifiers>
          <isin value="US00037CWW62"/>
          <ticker value="AFAGEN"/>
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        <balance>1395000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1457001.8900000000</valUSD>
        <pctVal>0.0656638988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-02</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>City of Sacramento CA Transient Occupancy Tax Revenue</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA Transient Occupancy Tax Revenue 5.00% 06/01/2036</title>
        <cusip>786073AS5</cusip>
        <identifiers>
          <isin value="US786073AS53"/>
          <ticker value="SCMFAC"/>
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        <balance>3220000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3405372.8200000000</valUSD>
        <pctVal>0.1534727289</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Sacramento CA Transient Occupancy Tax Revenue</name>
        <lei>N/A</lei>
        <title>City of Sacramento CA Transient Occupancy Tax Revenue 5.00% 06/01/2038</title>
        <cusip>786073AU0</cusip>
        <identifiers>
          <isin value="US786073AU00"/>
          <ticker value="SCMFAC"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1053136.8000000000</valUSD>
        <pctVal>0.0474625796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</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>Abag Finance Authority for Nonprofit Corps</name>
        <lei>549300EWVCCTI6O2KU84</lei>
        <title>Abag Finance Authority for Nonprofit Corps 5.00% 09/02/2032</title>
        <cusip>00037CWX4</cusip>
        <identifiers>
          <isin value="US00037CWX46"/>
          <ticker value="AFAGEN"/>
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        <balance>490000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>511144.9700000000</valUSD>
        <pctVal>0.0230361894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-02</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>Alameda Community Facilities District</name>
        <lei>N/A</lei>
        <title>Alameda Community Facilities District 5.00% 09/01/2043</title>
        <cusip>010780DD3</cusip>
        <identifiers>
          <isin value="US010780DD31"/>
          <ticker value="ALAFAC"/>
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        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1303479.7500000000</valUSD>
        <pctVal>0.0587449906</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>CHF-IRVINE LLC</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 05/15/2029</title>
        <cusip>13078RGV6</cusip>
        <identifiers>
          <isin value="US13078RGV69"/>
          <ticker value="CASDEV"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1027647.6000000000</valUSD>
        <pctVal>0.0463138370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</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>Alameda County Joint Powers Authority</name>
        <lei>N/A</lei>
        <title>Alameda County Joint Powers Authority 5.00% 12/01/2031</title>
        <cusip>010831ED3</cusip>
        <identifiers>
          <isin value="US010831ED39"/>
          <ticker value="ALAUTL"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2339580.4000000000</valUSD>
        <pctVal>0.1054397881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Alameda County Joint Powers Authority</name>
        <lei>N/A</lei>
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          <isin value="US010831EE12"/>
          <ticker value="ALAUTL"/>
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        <curCd>USD</curCd>
        <valUSD>2802065.5100000000</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>2032-12-01</maturityDt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
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          <isin value="US010869AW50"/>
          <ticker value="ALATRN"/>
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        <curCd>USD</curCd>
        <valUSD>6752715.3000000000</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>None</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
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        <cusip>010869GY5</cusip>
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          <isin value="US010869GY52"/>
          <ticker value="ALATRN"/>
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        <curCd>USD</curCd>
        <valUSD>3544618.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>Alameda Corridor Transportation Authority</name>
        <lei>N/A</lei>
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        <cusip>010869GZ2</cusip>
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          <isin value="US010869GZ28"/>
          <ticker value="ALATRN"/>
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        <curCd>USD</curCd>
        <valUSD>3036402.6000000000</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>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EMERSON COLLEGE</name>
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          <isin value="US13048T6E86"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1027891.6000000000</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>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
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        <lei>5493000UQOV6R4ZWS346</lei>
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          <isin value="US13048T6F51"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>2631155.2000000000</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>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EMERSON COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority 5.00% 01/01/2036</title>
        <cusip>13048T6G3</cusip>
        <identifiers>
          <isin value="US13048T6G35"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>737123.0400000000</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>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>EMERSON COLLEGE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <cusip>13048T6H1</cusip>
        <identifiers>
          <isin value="US13048T6H18"/>
          <ticker value="CASFIN"/>
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        <curCd>USD</curCd>
        <valUSD>1021577.9000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>LANCER EDUCATIONAL HSG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <cusip>13080SNL4</cusip>
        <identifiers>
          <isin value="US13080SNL42"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>615339.0500000000</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>Sacramento Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
        <title>Sacramento Transportation Authority Sales Tax Revenue 5.00% 10/01/2026</title>
        <cusip>786074BM5</cusip>
        <identifiers>
          <isin value="US786074BM57"/>
          <ticker value="SACTRN"/>
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        <curCd>USD</curCd>
        <valUSD>840122.9100000000</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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        <securityLending>
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      <invstOrSec>
        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
        <lei>5493001TPOZL3UK8DX25</lei>
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        <cusip>79770GKG0</cusip>
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          <isin value="US79770GKG00"/>
          <ticker value="SFRDEV"/>
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        <valUSD>2177896.4500000000</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>FRONT PORCH CMNNTYS OBLIG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 04/01/2030</title>
        <cusip>13080SRU0</cusip>
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          <isin value="US13080SRU05"/>
          <ticker value="CASGEN"/>
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        <valUSD>148197.5100000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FRONT PORCH CMNNTYS OBLIG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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          <isin value="US13080SRV87"/>
          <ticker value="CASGEN"/>
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      <invstOrSec>
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        <cusip>79770GKH8</cusip>
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          <isin value="US79770GKH82"/>
          <ticker value="SFRDEV"/>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
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          <ticker value="SFRDEV"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FRONT PORCH CMNNTYS OBLIG</name>
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        <title>California Statewide Communities Development Authority 4.00% 04/01/2032</title>
        <cusip>13080SRW6</cusip>
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          <isin value="US13080SRW60"/>
          <ticker value="CASGEN"/>
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        <valUSD>186990.3200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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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>CEDARS-SINAI MED CTR OBLG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 07/01/2026</title>
        <cusip>13080SSU9</cusip>
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          <isin value="US13080SSU95"/>
          <ticker value="CASGEN"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>327995.8800000000</valUSD>
        <pctVal>0.0147820592</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
        <lei>5493001TPOZL3UK8DX25</lei>
        <title>San Francisco City &amp; County Redevelopment Agency Successor Agency 5.00% 08/01/2032</title>
        <cusip>79770GKK1</cusip>
        <identifiers>
          <isin value="US79770GKK12"/>
          <ticker value="SFRDEV"/>
        </identifiers>
        <balance>1250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1466747.1300000000</valUSD>
        <pctVal>0.0661030955</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>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>LOMA LINDA UNIV MED OBL</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 12/01/2033</title>
        <cusip>13080SVJ0</cusip>
        <identifiers>
          <isin value="US13080SVJ04"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1040962.5000000000</valUSD>
        <pctVal>0.0469139105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>LANCER EDUCATIONAL HSG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 06/01/2034</title>
        <cusip>13080SWM2</cusip>
        <identifiers>
          <isin value="US13080SWM24"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>375000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>389769.2600000000</valUSD>
        <pctVal>0.0175660508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</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>CHF-IRVINE LLC</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 05/15/2034</title>
        <cusip>13078RHA1</cusip>
        <identifiers>
          <isin value="US13078RHA14"/>
          <ticker value="CASDEV"/>
        </identifiers>
        <balance>2220000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2272943.2300000000</valUSD>
        <pctVal>0.1024365961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</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>HERITAGE PK APT ROSEVILLE</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 3.70% 04/01/2035</title>
        <cusip>13079PA29</cusip>
        <identifiers>
          <isin value="US13079PA296"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>2500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2612005.5000000000</valUSD>
        <pctVal>0.1177173934</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>3.700000000000000</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>LANCER EDUCATIONAL HSG</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 06/01/2039</title>
        <cusip>13080SWN0</cusip>
        <identifiers>
          <isin value="US13080SWN07"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>475000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>485295.5300000000</valUSD>
        <pctVal>0.0218712115</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>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>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 11/15/2032</title>
        <cusip>13080SXT6</cusip>
        <identifiers>
          <isin value="US13080SXT67"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>1685000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1845707.2100000000</valUSD>
        <pctVal>0.0831820001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-15</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>KAISER FDTN HOSPITALS</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 04/01/2045</title>
        <cusip>13080SXX7</cusip>
        <identifiers>
          <isin value="US13080SXX79"/>
          <ticker value="CASGEN"/>
          <other otherDesc="SEDOL" value="BHQYFX2"/>
        </identifiers>
        <balance>5725000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6304940.2100000000</valUSD>
        <pctVal>0.2841499098</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>Variable</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% 04/01/2036</title>
        <cusip>13080SYS7</cusip>
        <identifiers>
          <isin value="US13080SYS75"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>675000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>698280.5500000000</valUSD>
        <pctVal>0.0314699821</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>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>EMANATE HLTH OBLIG GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.00% 04/01/2037</title>
        <cusip>13080SYT5</cusip>
        <identifiers>
          <isin value="US13080SYT58"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>721087.1500000000</valUSD>
        <pctVal>0.0324978258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</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>EMANATE HLTH OBLIG GROUP</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.00% 04/01/2038</title>
        <cusip>13080SYU2</cusip>
        <identifiers>
          <isin value="US13080SYU22"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>1350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1385018.1900000000</valUSD>
        <pctVal>0.0624197503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</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>FOOTHILL OAK PARK APTS</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 4.25% 09/01/2067</title>
        <cusip>13079PA37</cusip>
        <identifiers>
          <isin value="US13079PA379"/>
          <ticker value="CASMFH"/>
        </identifiers>
        <balance>2300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2439707.9800000000</valUSD>
        <pctVal>0.1099523198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.250000000000000</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>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>7150000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7604093.6400000000</valUSD>
        <pctVal>0.3426999226</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>
        </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% 11/01/2028</title>
        <cusip>842471AW4</cusip>
        <identifiers>
          <isin value="US842471AW49"/>
          <ticker value="STNPWR"/>
        </identifiers>
        <balance>835000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>883248.3900000000</valUSD>
        <pctVal>0.0398060794</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>
        </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 3.70% 07/01/2040</title>
        <cusip>842475R80</cusip>
        <identifiers>
          <isin value="US842475R809"/>
          <ticker value="STNPWR"/>
        </identifiers>
        <balance>2250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2263152.6000000000</valUSD>
        <pctVal>0.1019953538</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>Variable</couponKind>
          <annualizedRt>3.700000000000000</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 Water Replenishment District</name>
        <lei>N/A</lei>
        <title>Southern California Water Replenishment District 5.00% 08/01/2035</title>
        <cusip>84251KBR5</cusip>
        <identifiers>
          <isin value="US84251KBR59"/>
          <ticker value="STNWTR"/>
        </identifiers>
        <balance>2190000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2333679.5500000000</valUSD>
        <pctVal>0.1051738497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
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        <name>Pittsburg Successor Agency Redevelopment Agency</name>
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      <invstOrSec>
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        <name>State of California</name>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
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          <isin value="US13063EDF07"/>
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          <couponKind>Fixed</couponKind>
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        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
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          <ticker value="CAS"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
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          <isin value="US13063ELZ78"/>
          <ticker value="CAS"/>
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          <couponKind>Fixed</couponKind>
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        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
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        <invCountry>US</invCountry>

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          <couponKind>Fixed</couponKind>
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        <name>State of California</name>
        <lei>9845007J7054602FF597</lei>
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          <ticker value="CAS"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CASTILLEJA SCH FNDTN</name>
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        <name>CASTILLEJA SCH FNDTN</name>
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        <name>CASTILLEJA SCH FNDTN</name>
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        <name>CASTILLEJA SCH FNDTN</name>
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        <name>CASTILLEJA SCH FNDTN</name>
        <lei>549300544P6FSHU1HB46</lei>
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        <name>CASTILLEJA SCH FNDTN</name>
        <lei>549300544P6FSHU1HB46</lei>
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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>CASTILLEJA SCH FNDTN</name>
        <lei>549300544P6FSHU1HB46</lei>
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        <identifiers>
          <isin value="US13067REG48"/>
          <ticker value="CASDEV"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1090285.3000000000</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>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAGE HILL SCHOOL</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 12/01/2033</title>
        <cusip>13067REV1</cusip>
        <identifiers>
          <isin value="US13067REV15"/>
          <ticker value="CASDEV"/>
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        <balance>400000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>470737.1200000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>SAGE HILL SCHOOL</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 12/01/2034</title>
        <cusip>13067REW9</cusip>
        <identifiers>
          <isin value="US13067REW97"/>
          <ticker value="CASDEV"/>
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        <balance>300000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>356969.6700000000</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>2034-12-01</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAGE HILL SCHOOL</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>California Enterprise Development Authority 5.00% 12/01/2035</title>
        <cusip>13067REX7</cusip>
        <identifiers>
          <isin value="US13067REX70"/>
          <ticker value="CASDEV"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>384750.7300000000</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>2035-12-01</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>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>4550000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4602008.7800000000</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>2036-10-01</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>
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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 5.00% 04/01/2044</title>
        <cusip>072024F80</cusip>
        <identifiers>
          <isin value="US072024F801"/>
          <ticker value="BAYTRN"/>
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        <balance>1000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1133311.7000000000</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>2044-04-01</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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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 5.00% 04/01/2042</title>
        <cusip>072024L91</cusip>
        <identifiers>
          <isin value="US072024L916"/>
          <ticker value="BAYTRN"/>
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        <balance>2750000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3409669.4500000000</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>2042-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 5.00% 04/01/2043</title>
        <cusip>072024M25</cusip>
        <identifiers>
          <isin value="US072024M252"/>
          <ticker value="BAYTRN"/>
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        <balance>2600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3195144.4200000000</valUSD>
        <pctVal>0.1439981933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anaheim Public Financing Authority</name>
        <lei>N/A</lei>
        <title>Anaheim Public Financing Authority 5.00% 09/01/2035</title>
        <cusip>03255LHQ5</cusip>
        <identifiers>
          <isin value="US03255LHQ59"/>
          <ticker value="ANAGEN"/>
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        <balance>6000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6215639.4000000000</valUSD>
        <pctVal>0.2801253170</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>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Antelope Valley Community College District</name>
        <lei>N/A</lei>
        <title>Antelope Valley Community College District 0.00% 08/01/2045</title>
        <cusip>03667PKR2</cusip>
        <identifiers>
          <isin value="US03667PKR28"/>
          <ticker value="ANVHGR"/>
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        <balance>1600000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>674966.7200000000</valUSD>
        <pctVal>0.0304192786</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>None</couponKind>
          <annualizedRt>0.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Antelope Valley Community College District</name>
        <lei>N/A</lei>
        <title>Antelope Valley Community College District 0.00% 08/01/2046</title>
        <cusip>03667PKS0</cusip>
        <identifiers>
          <isin value="US03667PKS01"/>
          <ticker value="ANVHGR"/>
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        <balance>1535000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>608970.4200000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2040</title>
        <cusip>13035ADQ9</cusip>
        <identifiers>
          <isin value="US13035ADQ94"/>
          <ticker value="CASEDU"/>
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        <balance>255000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>284836.6300000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <name>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2041</title>
        <cusip>13035ADR7</cusip>
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          <isin value="US13035ADR77"/>
          <ticker value="CASEDU"/>
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        <curCd>USD</curCd>
        <valUSD>321942.8300000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EQUITABLE SCH REVOLV OBL</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank 5.00% 11/01/2042</title>
        <cusip>13035ADS5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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      <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"/>
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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>Variable</couponKind>
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      <invstOrSec>
        <name>PIH HLTH INC OBLIG GROUP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 06/01/2029</title>
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          <isin value="US13057EJA38"/>
          <ticker value="CASGEN"/>
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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>Bay Area Toll Authority</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority 2.63% 04/01/2045</title>
        <cusip>072024VU3</cusip>
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          <ticker value="BAYTRN"/>
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        <curCd>USD</curCd>
        <valUSD>9999597.0000000000</valUSD>
        <pctVal>0.4506600366</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>Variable</couponKind>
          <annualizedRt>2.625000000000000</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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2037</title>
        <cusip>130179XD1</cusip>
        <identifiers>
          <isin value="US130179XD16"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>200000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>237170.2600000000</valUSD>
        <pctVal>0.0106887466</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2038</title>
        <cusip>130179XE9</cusip>
        <identifiers>
          <isin value="US130179XE98"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>353112.4500000000</valUSD>
        <pctVal>0.0159140083</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2039</title>
        <cusip>130179XF6</cusip>
        <identifiers>
          <isin value="US130179XF63"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>350000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>409142.6500000000</valUSD>
        <pctVal>0.0184391673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIH HLTH INC OBLIG GROUP</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority 5.00% 06/01/2030</title>
        <cusip>13057EJB1</cusip>
        <identifiers>
          <isin value="US13057EJB11"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>821659.4300000000</valUSD>
        <pctVal>0.0370303992</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>
        </debtSec>
        <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>0.0054079221</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>
        </debtSec>
        <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 4.50% 06/01/2027</title>
        <cusip>13058TES5</cusip>
        <identifiers>
          <isin value="US13058TES50"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>310000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>310534.3500000000</valUSD>
        <pctVal>0.0139951062</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>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>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2034</title>
        <cusip>13058TET3</cusip>
        <identifiers>
          <isin value="US13058TET34"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>670000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>671774.1600000000</valUSD>
        <pctVal>0.0302753969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</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>ROCKETSHIP EDU OBLIG GRP</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.13% 06/01/2047</title>
        <cusip>13058TEU0</cusip>
        <identifiers>
          <isin value="US13058TEU07"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>635000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615824.8400000000</valUSD>
        <pctVal>0.0277538830</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>5.125000000000000</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% 06/01/2029</title>
        <cusip>13058THJ2</cusip>
        <identifiers>
          <isin value="US13058THJ25"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>195000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195718.9800000000</valUSD>
        <pctVal>0.0088206277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2040</title>
        <cusip>130179XG4</cusip>
        <identifiers>
          <isin value="US130179XG47"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>315000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>364848.5900000000</valUSD>
        <pctVal>0.0164429305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2041</title>
        <cusip>130179XH2</cusip>
        <identifiers>
          <isin value="US130179XH20"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>572267.7000000000</valUSD>
        <pctVal>0.0257908576</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>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% 06/01/2039</title>
        <cusip>13058THK9</cusip>
        <identifiers>
          <isin value="US13058THK97"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>740000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>741121.4000000000</valUSD>
        <pctVal>0.0334007258</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>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% 06/01/2030</title>
        <cusip>13058TJT8</cusip>
        <identifiers>
          <isin value="US13058TJT88"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254537.3500000000</valUSD>
        <pctVal>0.0114714434</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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2042</title>
        <cusip>130179XJ8</cusip>
        <identifiers>
          <isin value="US130179XJ85"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>575000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>650515.9000000000</valUSD>
        <pctVal>0.0293173334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2043</title>
        <cusip>130179XK5</cusip>
        <identifiers>
          <isin value="US130179XK58"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>610000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>682965.8200000000</valUSD>
        <pctVal>0.0307797806</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>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 5.00% 08/01/2040</title>
        <cusip>13058TKB5</cusip>
        <identifiers>
          <isin value="US13058TKB51"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2031307.2000000000</valUSD>
        <pctVal>0.0915465870</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</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>ASPIRE PUBLIC SCHOOLS OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 4.00% 08/01/2036</title>
        <cusip>13058TMY3</cusip>
        <identifiers>
          <isin value="US13058TMY37"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325406.1500000000</valUSD>
        <pctVal>0.0146653458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2044</title>
        <cusip>130179XL3</cusip>
        <identifiers>
          <isin value="US130179XL32"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>725000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>801837.9700000000</valUSD>
        <pctVal>0.0361370892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</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>UNIVERSITY OF THE PACIFIC</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 11/01/2045</title>
        <cusip>130179XM1</cusip>
        <identifiers>
          <isin value="US130179XM15"/>
          <ticker value="CASEDU"/>
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        <balance>1010000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1105857.9900000000</valUSD>
        <pctVal>0.0498386087</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>5.000000000000000</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 4.00% 08/01/2041</title>
        <cusip>13058TMZ0</cusip>
        <identifiers>
          <isin value="US13058TMZ02"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>525000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>498065.4000000000</valUSD>
        <pctVal>0.0224467217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</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>PARTNERSHIPS UPLIFIT OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 08/01/2033</title>
        <cusip>13058TSD3</cusip>
        <identifiers>
          <isin value="US13058TSD36"/>
          <ticker value="CASSCD"/>
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        <balance>620000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>650136.4000000000</valUSD>
        <pctVal>0.0293002302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</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>California Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 10/01/2035</title>
        <cusip>130179YD0</cusip>
        <identifiers>
          <isin value="US130179YD07"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>4000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5020337.6000000000</valUSD>
        <pctVal>0.2262556708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>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>EL CAMINO HEALTHCARE OG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 02/01/2042</title>
        <cusip>13032U2W7</cusip>
        <identifiers>
          <isin value="US13032U2W72"/>
          <ticker value="CASMED"/>
        </identifiers>
        <balance>1800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2069052.8400000000</valUSD>
        <pctVal>0.0932477007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</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>PARTNERSHIPS UPLIFIT OBL</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.25% 08/01/2038</title>
        <cusip>13058TSE1</cusip>
        <identifiers>
          <isin value="US13058TSE19"/>
          <ticker value="CASSCD"/>
        </identifiers>
        <balance>420000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>443171.8200000000</valUSD>
        <pctVal>0.0199727878</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.250000000000000</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>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>260000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>268376.2100000000</valUSD>
        <pctVal>0.0120951307</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>EL CAMINO HEALTHCARE OG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 02/01/2043</title>
        <cusip>13032U2X5</cusip>
        <identifiers>
          <isin value="US13032U2X55"/>
          <ticker value="CASMED"/>
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        <balance>1750000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1991156.3000000000</valUSD>
        <pctVal>0.0897370735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-01</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>EL CAMINO HEALTHCARE OG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 02/01/2044</title>
        <cusip>13032U2Y3</cusip>
        <identifiers>
          <isin value="US13032U2Y39"/>
          <ticker value="CASMED"/>
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        <balance>2000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2267361.8000000000</valUSD>
        <pctVal>0.1021850532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-01</maturityDt>
          <couponKind>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 School Finance Authority</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 06/01/2037</title>
        <cusip>13058TSZ4</cusip>
        <identifiers>
          <isin value="US13058TSZ48"/>
          <ticker value="CASSCD"/>
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        <balance>240000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>241663.8000000000</valUSD>
        <pctVal>0.0108912606</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>ALLIANCE FOR CLG READY OB</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2039</title>
        <cusip>13058TUD0</cusip>
        <identifiers>
          <isin value="US13058TUD08"/>
          <ticker value="CASSCD"/>
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        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271994.6000000000</valUSD>
        <pctVal>0.0122582036</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</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>CEDARS-SINAI MED CTR OBLG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 4.00% 08/15/2048</title>
        <cusip>13032UB23</cusip>
        <identifiers>
          <isin value="US13032UB236"/>
          <ticker value="CASMED"/>
          <other otherDesc="SEDOL" value="BQ7WQL3"/>
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        <balance>10000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9574977.0000000000</valUSD>
        <pctVal>0.4315233389</pctVal>
        <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>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>CEDARS-SINAI MED CTR OBLG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 11/15/2026</title>
        <cusip>13032UBA5</cusip>
        <identifiers>
          <isin value="US13032UBA51"/>
          <ticker value="CASMED"/>
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        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3005807.7000000000</valUSD>
        <pctVal>0.1354652001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</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>CEDARS-SINAI MED CTR OBLG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 11/15/2027</title>
        <cusip>13032UBB3</cusip>
        <identifiers>
          <isin value="US13032UBB35"/>
          <ticker value="CASMED"/>
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        <balance>6000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6015553.8000000000</valUSD>
        <pctVal>0.2711078952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CEDARS-SINAI MED CTR OBLG</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority 5.00% 11/15/2031</title>
        <cusip>13032UBF4</cusip>
        <identifiers>
          <isin value="US13032UBF49"/>
          <ticker value="CASMED"/>
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        <balance>2700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2712911.6700000000</valUSD>
        <pctVal>0.1222650145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</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>
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      </invstOrSec>
      <invstOrSec>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
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          <isin value="US13059TFD63"/>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US13059TFE47"/>
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        <lei>N/A</lei>
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          <ticker value="CVASCD"/>
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      <invstOrSec>
        <name>Centinela Valley Union High School District</name>
        <lei>N/A</lei>
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          <isin value="US152339SE88"/>
          <ticker value="CVASCD"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GREEN DOT PUBLIC SCHS OBG</name>
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          <isin value="US13059THF93"/>
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        <name>GREEN DOT PUBLIC SCHS OBG</name>
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          <isin value="US13059THG76"/>
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        <name>Guam Power Authority</name>
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        <name>Guam Power Authority</name>
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        <name>Guam Power Authority</name>
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        <name>GRANADA HILLS CHTR OBLIG</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Los Rios Community College District</name>
        <lei>549300POMNL5W7FEFO13</lei>
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          <isin value="US545624SL39"/>
          <ticker value="LRSHGR"/>
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        <curCd>USD</curCd>
        <valUSD>3294145.0800000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
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          <isin value="US13059TJF75"/>
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        <valUSD>381136.3400000000</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>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
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          <isin value="US13059TJG58"/>
          <ticker value="CASSCD"/>
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        <valUSD>400172.6600000000</valUSD>
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        <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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2037</title>
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          <isin value="US13059TJH32"/>
          <ticker value="CASSCD"/>
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        <balance>395000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>418763.4000000000</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>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2038</title>
        <cusip>13059TJJ9</cusip>
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          <isin value="US13059TJJ97"/>
          <ticker value="CASSCD"/>
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        <balance>415000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>437411.7000000000</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>2038-07-01</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>
        <name>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2039</title>
        <cusip>13059TJK6</cusip>
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          <isin value="US13059TJK60"/>
          <ticker value="CASSCD"/>
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        <balance>435000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456083.8000000000</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>2039-07-01</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>GRANADA HILLS CHTR OBLIG</name>
        <lei>N/A</lei>
        <title>California School Finance Authority 5.00% 07/01/2041</title>
        <cusip>13059TJM2</cusip>
        <identifiers>
          <isin value="US13059TJM27"/>
          <ticker value="CASSCD"/>
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        <balance>480000.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>494819.7600000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>
        <name>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
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        <cusip>55374SAB6</cusip>
        <identifiers>
          <isin value="US55374SAB60"/>
          <ticker value="MSRPWR"/>
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        <curCd>USD</curCd>
        <valUSD>1242641.0000000000</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>2034-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000000</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>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
        <title>M-S-R Energy Authority 7.00% 11/01/2034</title>
        <cusip>55374SAE0</cusip>
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          <isin value="US55374SAE00"/>
          <ticker value="MSRPWR"/>
          <other otherDesc="SEDOL" value="BGWBTH2"/>
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        <curCd>USD</curCd>
        <valUSD>7306729.0800000000</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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        <securityLending>
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      <invstOrSec>
        <name>M-S-R Energy Authority</name>
        <lei>549300UEMSS1JTK5YB98</lei>
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          <isin value="US55374SAF74"/>
          <ticker value="MSRPWR"/>
          <other otherDesc="SEDOL" value="B5KRH59"/>
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        <valUSD>1785091.2300000000</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>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>City of Ontario CA Community Facilities District No 64</name>
        <lei>N/A</lei>
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          <isin value="US68305GAH65"/>
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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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        <name>City of Ontario CA Community Facilities District No 64</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>City of Ontario CA Community Facilities District No 64</name>
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        <name>GRANADA HILLS CHTR OBLIG</name>
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          <isin value="US13059TJP57"/>
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      <invstOrSec>
        <name>California State University</name>
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          <ticker value="CASHGR"/>
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      <invstOrSec>
        <name>California Statewide</name>
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          <ticker value="CASGEN"/>
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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>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority 5.00% 09/01/2037</title>
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          <ticker value="CASGEN"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>CHF-IRVINE LLC</name>
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          <ticker value="CASDEV"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Statewide</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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          <ticker value="CASGEN"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>California Statewide</name>
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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 Ontario CA Community Facilities District No 64</name>
        <lei>N/A</lei>
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          <ticker value="ONTFAC"/>
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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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        <name>County of Orange CA Airport Revenue</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>SEQUOIA LIVING INC</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <lei>N/A</lei>
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        <name>SEQUOIA LIVING INC</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <name>SEQUOIA LIVING INC</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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      <invstOrSec>
        <name>Orange County Community Facilities District</name>
        <lei>N/A</lei>
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          <ticker value="ORAGEN"/>
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          <isin value="US684265QT18"/>
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        <name>SEQUOIA LIVING INC</name>
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        <lei>549300KTNI2GCJNX2U48</lei>
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          <isin value="US13080S2W34"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LOMA LINDA UNIV MED OBL</name>
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        <cusip>13080SEW0</cusip>
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          <isin value="US13080SEW08"/>
          <ticker value="CASGEN"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ADVENTIST HLTH SYS/W OBLG</name>
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        <cusip>13080SJC9</cusip>
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          <isin value="US13080SJC98"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1000000.0000000000</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>5.000000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ADVENTIST HLTH SYS/W OBLG</name>
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        <cusip>13080SJD7</cusip>
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          <isin value="US13080SJD71"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1591743.9100000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENLOE MED CTR OBLIG GROUP</name>
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        <cusip>13080SM43</cusip>
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          <isin value="US13080SM434"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>1714586.9900000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENLOE MED CTR OBLIG GROUP</name>
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        <title>California Statewide Communities Development Authority 5.13% 08/15/2047</title>
        <cusip>13080SM68</cusip>
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          <isin value="US13080SM681"/>
          <ticker value="CASGEN"/>
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        <curCd>USD</curCd>
        <valUSD>360232.5700000000</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>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>
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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>
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        <cusip>13080SMH4</cusip>
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          <isin value="US13080SMH49"/>
          <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>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority 5.00% 02/01/2055</title>
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          <isin value="US13013JFD37"/>
          <ticker value="CCEDEV"/>
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        <curCd>USD</curCd>
        <valUSD>11082147.0800000000</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>Variable</couponKind>
          <annualizedRt>5.000000000000000</annualizedRt>
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        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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          <isin value="US13013JFR23"/>
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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>Variable</couponKind>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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          <ticker value="CCEDEV"/>
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        <issuerCat>MUN</issuerCat>
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        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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        <issuerCat>MUN</issuerCat>
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        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>California Community Choice Financing Authority</name>
        <lei>549300X8VKJ215S2R571</lei>
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          <ticker value="CCEDEV"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LOS ANGELES CNTY SECURITI</name>
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        <cusip>13016NEN0</cusip>
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          <isin value="US13016NEN03"/>
          <ticker value="CASGEN"/>
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        <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>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CNTY SECURITI</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 5.00% 06/01/2032</title>
        <cusip>13016NEQ3</cusip>
        <identifiers>
          <isin value="US13016NEQ34"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>400000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>425599.3200000000</valUSD>
        <pctVal>0.0191808335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>LOS ANGELES CNTY SECURITI</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 4.00% 06/01/2034</title>
        <cusip>13016NES9</cusip>
        <identifiers>
          <isin value="US13016NES99"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>504884.9500000000</valUSD>
        <pctVal>0.0227540640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</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>LOS ANGELES CNTY SECURITI</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 4.00% 06/01/2036</title>
        <cusip>13016NEU4</cusip>
        <identifiers>
          <isin value="US13016NEU46"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>275000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>275968.3300000000</valUSD>
        <pctVal>0.0124372910</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>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>LOS ANGELES CNTY SECURITI</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 4.00% 06/01/2039</title>
        <cusip>13016NEX8</cusip>
        <identifiers>
          <isin value="US13016NEX84"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>250000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>244489.3500000000</valUSD>
        <pctVal>0.0110186020</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>GOLD CNTY SETTLEMENT FUND</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency 5.00% 06/01/2033</title>
        <cusip>13016NHQ0</cusip>
        <identifiers>
          <isin value="US13016NHQ07"/>
          <ticker value="CASGEN"/>
        </identifiers>
        <balance>900000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>977941.4400000000</valUSD>
        <pctVal>0.0440736887</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>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LELAND STANFORD JR UNIV</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 06/01/2043</title>
        <cusip>130178X84</cusip>
        <identifiers>
          <isin value="US130178X840"/>
          <ticker value="CASEDU"/>
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        <balance>3000000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3697953.0000000000</valUSD>
        <pctVal>0.1666586798</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>5.000000000000000</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>LELAND STANFORD JR UNIV</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 06/01/2046</title>
        <cusip>130179GV0</cusip>
        <identifiers>
          <isin value="US130179GV07"/>
          <ticker value="CASEDU"/>
          <other otherDesc="SEDOL" value="BG8C3L1"/>
        </identifiers>
        <balance>4450000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5260765.5300000000</valUSD>
        <pctVal>0.2370912334</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOMA LINDA UNIVERSITY</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 04/01/2027</title>
        <cusip>130179HT4</cusip>
        <identifiers>
          <isin value="US130179HT42"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>300000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>307450.4100000000</valUSD>
        <pctVal>0.0138561197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</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>LOMA LINDA UNIVERSITY</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 04/01/2028</title>
        <cusip>130179HU1</cusip>
        <identifiers>
          <isin value="US130179HU15"/>
          <ticker value="CASEDU"/>
        </identifiers>
        <balance>800000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>819474.7200000000</valUSD>
        <pctVal>0.0369319391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>LOYOLA MARYMOUNT UNIV</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 10/01/2034</title>
        <cusip>130179QY3</cusip>
        <identifiers>
          <isin value="US130179QY36"/>
          <ticker value="CASEDU"/>
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        <balance>490000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>521592.9000000000</valUSD>
        <pctVal>0.0235070549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOYOLA MARYMOUNT UNIV</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 10/01/2035</title>
        <cusip>130179QZ0</cusip>
        <identifiers>
          <isin value="US130179QZ01"/>
          <ticker value="CASEDU"/>
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        <balance>625000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>663587.4400000000</valUSD>
        <pctVal>0.0299064392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>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>LOYOLA MARYMOUNT UNIV</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 10/01/2037</title>
        <cusip>130179RB2</cusip>
        <identifiers>
          <isin value="US130179RB24"/>
          <ticker value="CASEDU"/>
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        <balance>1485000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1567614.8600000000</valUSD>
        <pctVal>0.0706489842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANTA CLARA UNIVERSITY</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority 5.00% 04/01/2040</title>
        <cusip>130179VZ4</cusip>
        <identifiers>
          <isin value="US130179VZ46"/>
          <ticker value="CASEDU"/>
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        <balance>325000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>381099.0600000000</valUSD>
        <pctVal>0.0171753038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-01</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>Fremont Unified School District/Alameda County CA</name>
        <lei>N/A</lei>
        <title>Fremont Unified School District/Alameda County CA 5.00% 08/01/2027</title>
        <cusip>357155FF2</cusip>
        <identifiers>
          <isin value="US357155FF21"/>
          <ticker value="FMTEDU"/>
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        <balance>690000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>715013.4700000000</valUSD>
        <pctVal>0.0322240983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>Fremont Unified School District/Alameda County CA</name>
        <lei>N/A</lei>
        <title>Fremont Unified School District/Alameda County CA 5.00% 08/01/2028</title>
        <cusip>357155FG0</cusip>
        <identifiers>
          <isin value="US357155FG04"/>
          <ticker value="FMTEDU"/>
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        <balance>500000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>532490.4500000000</valUSD>
        <pctVal>0.0239981837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</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>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority 5.00% 07/01/2034</title>
        <cusip>79739GFL5</cusip>
        <identifiers>
          <isin value="US79739GFL59"/>
          <ticker value="SDGAPT"/>
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        <balance>700000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>726529.0200000000</valUSD>
        <pctVal>0.0327430790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</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>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority 5.00% 07/01/2035</title>
        <cusip>79739GFM3</cusip>
        <identifiers>
          <isin value="US79739GFM33"/>
          <ticker value="SDGAPT"/>
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        <balance>1000000.0000000000</balance>
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        <curCd>USD</curCd>
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        <name>San Diego County Regional Airport Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>San Diego County Regional Transportation Commission</name>
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      <invstOrSec>
        <name>Independent Cities Finance Authority</name>
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      <invstOrSec>
        <name>Inglewood Unified School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Inglewood Unified School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Inland Valley Development Agency</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <lei>N/A</lei>
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          <isin value="US45750TAB98"/>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Irvine CA</name>
        <lei>549300PJ9FL2XGFR8J79</lei>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>City of Irvine CA</name>
        <lei>549300PJ9FL2XGFR8J79</lei>
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      <invstOrSec>
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        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District 5.00% 09/01/2029</title>
        <cusip>463612MM0</cusip>
        <identifiers>
          <isin value="US463612MM00"/>
          <ticker value="IRVEDU"/>
        </identifiers>
        <balance>360000.0000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>388961.4600000000</valUSD>
        <pctVal>0.0175296450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000000</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>
