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        <name>CITY OF ROCHESTER MN</name>
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        <name>KENT MI HOSP FIN AUTH</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>TEMPE INDUSTRIAL DEVELOPMENT AUTHORITY</name>
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        <name>PORT BEAUMONT TX NAV DIST DOCK</name>
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        <name>ARIZONA ST INDL DEV AUTH SENIO</name>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP V</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>ILLINOIS ST</name>
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          <maturityDt>2039-02-01</maturityDt>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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          <maturityDt>2049-01-01</maturityDt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MONROE CNTY MI ECON DEV CORP</name>
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          <maturityDt>2022-09-01</maturityDt>
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      <invstOrSec>
        <name>SAGINAW MI WTR SPLY SYS REVENU</name>
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          <isin value="US786795BZ68"/>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <maturityDt>2037-01-01</maturityDt>
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        <name>KANSAS CITY MO SPL OBLG</name>
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        <name>CALIFORNIA ST</name>
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        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
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        <name>M-S-R ENERGY AUTHORITY</name>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <name>ILLINOIS ST</name>
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      <invstOrSec>
        <name>WYANDOTTE CNTY KS KANSAS CITY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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          <isin value="US79766DMA45"/>
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        <curCd>USD</curCd>
        <valUSD>6031900.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
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      <invstOrSec>
        <name>DIST OF COLUMBIA REVENUE</name>
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          <isin value="US25483VXQ21"/>
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        <curCd>USD</curCd>
        <valUSD>1745640.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US650116AR77"/>
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        <curCd>USD</curCd>
        <valUSD>3339960.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY BOND SURFACE TRANSPORTATION CORP</name>
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          <isin value="US882667AH14"/>
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        <balance>2490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2829636.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>MOON INDUSTRIAL DEVELOPMENT AUTHORITY</name>
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          <isin value="US61543RAU05"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2386800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RICHMOND VA PUBLIC UTILITY REV</name>
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        <title>City of Richmond VA Public Utility Revenue</title>
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          <isin value="US765433JR96"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>544760.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONTGOMERY CNTY TX TOLL ROAD A</name>
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        <title>Montgomery County Toll Road Authority</title>
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          <isin value="US61371DAQ79"/>
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        <curCd>USD</curCd>
        <valUSD>1963272.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTHORITY OF SOUTHERN CALIFORNIA</name>
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          <isin value="US888804BB69"/>
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        <curCd>USD</curCd>
        <valUSD>480264.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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          <isin value="US45129GEF81"/>
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        <fairValLevel>2</fairValLevel>
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        <name>MONTGOMERY CNTY OH HOSP REVENU</name>
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        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
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        <debtSec>
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        <name>PALM BEACH HLTH-A</name>
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        <name>STATE PUBLIC SCH BLDG AUTH PA</name>
        <lei>5493006JN0UR7OGWTO86</lei>
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        <name>PORT OF PORTLAND OR ARPT REVEN</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <curCd>USD</curCd>
        <valUSD>117325.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SALT VERDE AZ FINANCIAL CORP S</name>
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        <valUSD>2210272.00000000</valUSD>
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      <invstOrSec>
        <name>VIRGINIA SMALL BUSINESS FING A</name>
        <lei>N/A</lei>
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          <isin value="US928097AD68"/>
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        <curCd>USD</curCd>
        <valUSD>1404378.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <title>Commonwealth of Puerto Rico</title>
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        <curCd>USD</curCd>
        <valUSD>1576575.00000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NEW YORK NY</name>
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        <curCd>USD</curCd>
        <valUSD>2570175.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116EW27"/>
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        <curCd>USD</curCd>
        <valUSD>735530.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST FIN AUTH STUDENT H</name>
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        <title>Illinois Finance Authority</title>
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          <isin value="US45203KAQ85"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>589674.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>UNION CNTY NJ IMPT AUTH SOL WS</name>
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        <title>Union County Improvement Authority</title>
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          <isin value="US906352AA75"/>
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        <balance>1950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1987576.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US74529JPV16"/>
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        <balance>1456000.00000000</balance>
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        <valUSD>1587112.80000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>4.55000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990CQC81"/>
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        <balance>800000.00000000</balance>
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        <valUSD>908392.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOVE FIELD TX ARPT MODERNIZATI</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US74529JPX71"/>
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        <name>OREGON ST HLTH &amp; SCIENCE UNIV</name>
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        <name>NEW JERSEY ST TURNPIKE AUTH</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <maturityDt>2039-03-15</maturityDt>
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        <name>STHRN OH PORT EXEMPT FAC REVEN</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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        <name>RAILSPLITTER TOBACCO SETTLEMENT AUTHORITY</name>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <lei>549300ABYZD2SFD5JB29</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH JERSEY NJ PORT CORP</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MET TRANSPRTN AUTH NY DEDICATE</name>
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        <curCd>USD</curCd>
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          <maturityDt>2036-11-15</maturityDt>
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          <maturityDt>2035-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>M-S-R ENERGY AUTHORITY</name>
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          <isin value="US55374SAA87"/>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
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        <valUSD>1122440.00000000</valUSD>
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          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>MICHIGAN ST BLDG AUTH</name>
        <lei>N/A</lei>
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          <isin value="US5946146V62"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MINNEAPOLIS MN DEV REVENUE</name>
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          <isin value="US603923CE15"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
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        <name>BIBB CNTY GA DEV AUTH</name>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>NEW YORK ST DORM AUTH SALES TA</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>COLORADO ST HLTH FACS AUTH HOS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-15</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US60415N7N64"/>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <name>SHOALS IN EXEMPT FACS REVENUE</name>
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          <isin value="US82489FAA21"/>
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          <maturityDt>2043-11-01</maturityDt>
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        <name>ALACHUA CNTY FL HLTH FACS AUTH</name>
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        <name>JEFFERSON CNTY TX INDL DEV COR</name>
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          <isin value="US47353PAA66"/>
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          <maturityDt>2039-04-01</maturityDt>
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          <maturityDt>2031-07-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CA CMNTY CLG DIST</name>
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        <name>M-S-R CA ENERGY AUTH GAS REVEN</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <valUSD>8672010.10000000</valUSD>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <maturityDt>2043-12-01</maturityDt>
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        <name>DIST OF COLUMBIA REVENUE</name>
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          <couponKind>Fixed</couponKind>
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        <name>CITY OF APPLE VALLEY MN</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MINNESOTA ST HSG FIN AGY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <name>MARYLAND ST</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>COLORADO HEALTH FACILITIES AUTHORITY</name>
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        <name>COLORADO HEALTH FACILITIES AUTHORITY</name>
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      <invstOrSec>
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        <name>UNIV OF NORTH CAROLINA NC HOSP</name>
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        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
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      <invstOrSec>
        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MECKLENBURG CNTY NC</name>
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          <isin value="US584002VF33"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST PORT AUTH</name>
        <lei>254900JRR8IDSSKWCL90</lei>
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          <isin value="US575896TM76"/>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST HSG FIN AGY M</name>
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        <title>Massachusetts Housing Finance Agency</title>
        <cusip>57586YBA4</cusip>
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          <isin value="US57586YBA47"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WNL6</cusip>
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          <isin value="US66285WNL62"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5738850.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>N/A</lei>
        <title>State of Maryland</title>
        <cusip>574193QA9</cusip>
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          <isin value="US574193QA92"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6098000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEMINOLE CNTY FL INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Seminole County Industrial Development Authority</title>
        <cusip>81669TAC2</cusip>
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          <isin value="US81669TAC27"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3876280.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204EC48</cusip>
        <identifiers>
          <isin value="US45204EC482"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>348101.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
        <cusip>167486E39</cusip>
        <identifiers>
          <isin value="US167486E397"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1162330.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>MASSACHUSETTS ST</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts</title>
        <cusip>57582PR77</cusip>
        <identifiers>
          <isin value="US57582PR779"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2040380.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX TOLL ROAD REVEN</name>
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        <title>Harris County Toll Road Authority/The</title>
        <cusip>41423PAJ6</cusip>
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          <isin value="US41423PAJ66"/>
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        <curCd>USD</curCd>
        <valUSD>4730475.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US74529JRJ69"/>
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        <balance>4039000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.32900000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063C4P2</cusip>
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          <isin value="US13063C4P23"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3066250.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST PORT AUTH</name>
        <lei>254900JRR8IDSSKWCL90</lei>
        <title>Massachusetts Port Authority</title>
        <cusip>575896TN5</cusip>
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          <isin value="US575896TN59"/>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC AUTH FOR COLORADO ST EN</name>
        <lei>549300C6IJKXQOMRAB11</lei>
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          <isin value="US744387AD35"/>
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        <curCd>USD</curCd>
        <valUSD>8994120.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US650116EU60"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>758716.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QN574"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95025.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</title>
        <cusip>130536RA5</cusip>
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          <isin value="US130536RA56"/>
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        <balance>375000.00000000</balance>
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        <valUSD>243750.00000000</valUSD>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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          <isin value="US13048TS386"/>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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          <isin value="US592250CL63"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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        <title>Pennsylvania Higher Educational Facilities Authority</title>
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          <isin value="US70917S6Y49"/>
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        <curCd>USD</curCd>
        <valUSD>5627100.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP V</name>
        <lei>N/A</lei>
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          <isin value="US88880NAW92"/>
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        <curCd>USD</curCd>
        <valUSD>6311640.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO ST HLTH FACS AUTH HOS</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FKS29"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3633630.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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        <curCd>USD</curCd>
        <valUSD>5954100.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST FIN AUTH STUDENT H</name>
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        <title>Illinois Finance Authority</title>
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          <isin value="US45203KAP03"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-02-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
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        <title>Commonwealth of Puerto Rico</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MIAMI-DADE CNTY FL HLTH FACS A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS ST</name>
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        <name>PUBLIC FIN AUTH WI LIMITED OBL</name>
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          <maturityDt>2050-12-01</maturityDt>
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        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <name>MISSISSIPPI ST DEV BANK SPL OB</name>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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        <title>California Health Facilities Financing Authority</title>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP</name>
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        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
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        <name>NEW JERSEY ST TURNPIKE AUTH</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>ILLINOIS ST</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>ALLEGHENY CNTY PA HOSP DEV AUT</name>
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        <name>APPLE VLY MN SENIOR LIVING REV</name>
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          <maturityDt>2034-07-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAN ANTONIO TX ELEC &amp; GAS REVE</name>
        <lei>5493002G2FEH20Q4GQ04</lei>
        <title>City of San Antonio TX Electric &amp; Gas Systems Revenue</title>
        <cusip>7962532J0</cusip>
        <identifiers>
          <isin value="US7962532J08"/>
          <other otherDesc="SEDOL" value="B817M76"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2852025.00000000</valUSD>
        <pctVal>0.281783217988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TL92</cusip>
        <identifiers>
          <isin value="US59447TL927"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1793610.00000000</valUSD>
        <pctVal>0.177210647738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667AN8</cusip>
        <identifiers>
          <isin value="US882667AN81"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5942450.00000000</valUSD>
        <pctVal>0.587120619117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QV25</cusip>
        <identifiers>
          <isin value="US74526QV254"/>
        </identifiers>
        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>855400.00000000</valUSD>
        <pctVal>0.084514464167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152VK4</cusip>
        <identifiers>
          <isin value="US452152VK42"/>
        </identifiers>
        <balance>740000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>799096.40000000</valUSD>
        <pctVal>0.078951606341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>4521526L0</cusip>
        <identifiers>
          <isin value="US4521526L09"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6075300.00000000</valUSD>
        <pctVal>0.600246345753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
        <cusip>74529JQH1</cusip>
        <identifiers>
          <isin value="US74529JQH13"/>
        </identifiers>
        <balance>45600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10039752.00000000</valUSD>
        <pctVal>0.991938579210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
        <cusip>74529JQG3</cusip>
        <identifiers>
          <isin value="US74529JQG30"/>
        </identifiers>
        <balance>50995000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15677902.80000000</valUSD>
        <pctVal>1.548994101490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514LDC8</cusip>
        <identifiers>
          <isin value="US74514LDC81"/>
        </identifiers>
        <balance>1905000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1645443.75000000</valUSD>
        <pctVal>0.162571658696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS ST PORT AUTH</name>
        <lei>254900JRR8IDSSKWCL90</lei>
        <title>Massachusetts Port Authority</title>
        <cusip>575896TK1</cusip>
        <identifiers>
          <isin value="US575896TK11"/>
        </identifiers>
        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4955920.00000000</valUSD>
        <pctVal>0.489650366212</pctVal>
        <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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152VJ7</cusip>
        <identifiers>
          <isin value="US452152VJ78"/>
        </identifiers>
        <balance>1180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1276547.60000000</valUSD>
        <pctVal>0.126124311899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709224FT1</cusip>
        <identifiers>
          <isin value="US709224FT16"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1132250.00000000</valUSD>
        <pctVal>0.111867549747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LAKE CNTY OH PORT &amp; ECON DEV A</name>
        <lei>N/A</lei>
        <title>Lake County Port &amp; Economic Development Authority</title>
        <cusip>50944TAC4</cusip>
        <identifiers>
          <isin value="US50944TAC45"/>
        </identifiers>
        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>455000.00000000</valUSD>
        <pctVal>0.044954502216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH ECON</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>040523AF9</cusip>
        <identifiers>
          <isin value="US040523AF98"/>
        </identifiers>
        <balance>8380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9042187.60000000</valUSD>
        <pctVal>0.893378115405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QS29</cusip>
        <identifiers>
          <isin value="US74526QS292"/>
        </identifiers>
        <balance>1125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1015312.50000000</valUSD>
        <pctVal>0.100313995674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-04-22</ncom:dateSigned>
      <ncom:nameOfApplicant>Delaware Group Tax Free Fund</ncom:nameOfApplicant>
      <ncom:signature>Dan Geatens</ncom:signature>
      <ncom:signerName>Dan Geatens</ncom:signerName>
      <ncom:title>Division Director - Head of US Fund Administration</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
