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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QVX7</cusip>
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          <isin value="US74526QVX77"/>
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        <curCd>USD</curCd>
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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>2040-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIV OF CALIFORNIA CA REVENUES</name>
        <lei>N/A</lei>
        <title>University of California</title>
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          <isin value="US91412HND16"/>
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        <curCd>USD</curCd>
        <valUSD>1904169.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QVE9</cusip>
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          <isin value="US74526QVE96"/>
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        <balance>1925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1010625.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250FC3</cusip>
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          <isin value="US592250FC38"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>397088.60000000</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>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182LN4</cusip>
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          <isin value="US249182LN45"/>
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        <curCd>USD</curCd>
        <valUSD>7817412.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
        <cusip>452153ET2</cusip>
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          <isin value="US452153ET27"/>
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        <balance>3180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3425432.40000000</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>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT LAKE CITY UT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
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          <isin value="US795576GL57"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1041310.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST HSG DEV AUTH REVEN</name>
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        <title>Illinois Housing Development Authority</title>
        <cusip>45203MSC6</cusip>
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          <isin value="US45203MSC63"/>
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        <balance>2800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2963352.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI PROJ REVENU</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74444UAU60"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3266100.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592248BE7</cusip>
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          <isin value="US592248BE76"/>
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        <balance>8965000.00000000</balance>
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        <valUSD>3480033.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TL76</cusip>
        <identifiers>
          <isin value="US59447TL760"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1808360.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK ST THRUWAY AUTH GEN R</name>
        <lei>N/A</lei>
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          <isin value="US650010CA71"/>
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        <balance>2135000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
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          <maturityDt>2049-09-01</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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        <name>OREGON ST FACS AUTH REVENUE</name>
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        <title>Oregon State Facilities Authority</title>
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          <isin value="US68608JXF38"/>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <title>New Jersey Turnpike Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
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          <isin value="US649519EG63"/>
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          <maturityDt>2046-11-15</maturityDt>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052FFB67"/>
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          <maturityDt>2042-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DENVER CO CONVENTION CENTER HO</name>
        <lei>N/A</lei>
        <title>Denver Convention Center Hotel Authority</title>
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          <isin value="US249189DQ11"/>
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        <curCd>USD</curCd>
        <valUSD>913932.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>OHIO ST HOSP REVENUE</name>
        <lei>5493005LEB5E170OMX59</lei>
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          <isin value="US67756CGD48"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4385250.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SEMINOLE CNTY FL INDL DEV AUTH</name>
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        <title>Seminole County Industrial Development Authority</title>
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          <isin value="US81669TAB44"/>
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        <balance>5340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5381438.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIV OF NORTH CAROLINA NC HOSP</name>
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        <title>University of North Carolina at Chapel Hill</title>
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          <isin value="US91471FAW59"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2000000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
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          <annualizedRt>2.85000000</annualizedRt>
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      <invstOrSec>
        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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        <title>Missouri Joint Municipal Electric Utility Commission</title>
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          <isin value="US606094DQ08"/>
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        <balance>500000.00000000</balance>
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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>2039-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
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        <title>Iowa Tobacco Settlement Authority</title>
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          <isin value="US888805CD81"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US6461363W90"/>
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        <valUSD>5098300.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-15</maturityDt>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>TOBACCO SETTLEMENT FING CORP V</name>
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        <name>CALIFORNIA ST</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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          <isin value="US45204EC482"/>
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        <name>CALIFORNIA ST</name>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>KANSAS CITY MO INDL DEV AUTH A</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-03-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MONROE CNTY NY INDL DEV CORP R</name>
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          <isin value="US61075TWM60"/>
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        <curCd>USD</curCd>
        <valUSD>992740.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <title>Maricopa County Industrial Development Authority</title>
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          <isin value="US56682PBT75"/>
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        <balance>1540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1409839.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>CALIFORNIA ST EDUCTNL FACS AUT</name>
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          <isin value="US130178JD98"/>
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        <curCd>USD</curCd>
        <valUSD>6181200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CHICAGO IL</name>
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        <title>City of Chicago IL</title>
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          <isin value="US167486T338"/>
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        <curCd>USD</curCd>
        <valUSD>7573567.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QUT74"/>
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        <curCd>USD</curCd>
        <valUSD>1155000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2017-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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        <title>Missouri Joint Municipal Electric Utility Commission</title>
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          <isin value="US606094DS63"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isin value="US12008ETR70"/>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635444.55000000</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>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116EZ57"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>948110.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
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        <balance>8830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8898520.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>ARIZONA ST HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Arizona Health Facilities Authority</title>
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          <isin value="US040507PL36"/>
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        <balance>5000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US74529JQG30"/>
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        <balance>9170000.00000000</balance>
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          <maturityDt>2046-07-01</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116DA16"/>
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          <maturityDt>2045-10-01</maturityDt>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
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          <isin value="US442349FZ40"/>
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        <name>CALIFORNIA ST PUBLIC WKS BRD L</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CUYAHOGA CNTY OH HOSP REVENUE</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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          <maturityDt>2049-06-15</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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        <name>OREGON ST FACS AUTH REVENUE</name>
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        <name>M-S-R CA ENERGY AUTH GAS REVEN</name>
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        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>GUAM PWR AUTH REVENUE</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US6461362U44"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTH JERSEY NJ PORT CORP</name>
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          <isin value="US838530RF22"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SOUTHEAST ENERGY AUTH AL COMMO</name>
        <lei>25490090A3RLJHITY273</lei>
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          <isin value="US84136FBL04"/>
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        <valUSD>5942090.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH REVENUE</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63607YAE05"/>
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          <maturityDt>2039-07-01</maturityDt>
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        <name>PENNSYLVANIA ST HSG FIN AGY SF</name>
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        <title>Pennsylvania Housing Finance Agency</title>
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          <isin value="US70879QUH46"/>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isin value="US12008ETW65"/>
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        <fairValLevel>2</fairValLevel>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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        <name>FLORIDA ST DEV FIN CORP</name>
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          <isin value="US340618DX28"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>CHICAGO IL BRD OF EDU DEDICATE</name>
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        <title>Chicago Board of Education Dedicated Capital Improvement Tax</title>
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        <name>VIRGINIA ST PUB BLDG AUTH PUBL</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LIBERTY DEV CORP NY REVENUE</name>
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        <name>ILLINOIS ST</name>
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        <name>HARRIS CNTY TX</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <name>GUAM PWR AUTH REVENUE</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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          <isin value="US939783SG20"/>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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          <isin value="US882667CL08"/>
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        <debtSec>
          <maturityDt>2042-06-30</maturityDt>
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        <name>PUERTO RICO CMWLTH</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
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        <name>MONROE CNTY FL ARPT REVENUE</name>
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          <isin value="US610466AP95"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>NEW YORK ST MTGE AGY HOMEOWNER</name>
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          <isin value="US64988YSF50"/>
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        <invCountry>US</invCountry>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <debtSec>
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        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
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          <maturityDt>2048-11-01</maturityDt>
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        <title>Illinois Housing Development Authority</title>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <name>UNIV OF MINNESOTA MN</name>
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        <name>ATLANTA GA WTR &amp; WSTWTR REVENU</name>
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        <name>DIST OF COLUMBIA REVENUE</name>
        <lei>549300HWFOZXPKGOX654</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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          <isin value="US91756SAP83"/>
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        <valUSD>2377242.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116CX28"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON CNTY PA REDEV AUTH</name>
        <lei>N/A</lei>
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          <isin value="US938618AD75"/>
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        <curCd>USD</curCd>
        <valUSD>502240.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
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        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
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          <isin value="US19645URE63"/>
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        <curCd>USD</curCd>
        <valUSD>1596121.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLENDALE AZ INDL DEV AUTH SENI</name>
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          <isin value="US378287AZ94"/>
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        <curCd>USD</curCd>
        <valUSD>504150.00000000</valUSD>
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        <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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NEW JERSEY ST ECON DEV AUTH SP</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>64578CBW0</cusip>
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          <isin value="US64578CBW01"/>
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        <balance>1890000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1897560.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
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          <isin value="US70869PLY15"/>
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        <curCd>USD</curCd>
        <valUSD>300000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL EDUCTNL FAC</name>
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        <title>Miami-Dade County Educational Facilities Authority</title>
        <cusip>59333ALT6</cusip>
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          <isin value="US59333ALT69"/>
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        <curCd>USD</curCd>
        <valUSD>523135.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
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          <isin value="US4521526L09"/>
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        <curCd>USD</curCd>
        <valUSD>2726975.00000000</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>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
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          <isin value="US12008ETJ54"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>805395.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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        <name>ARKANSAS DEV FIN AUTH ENVIRONM</name>
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        <name>TSASC INC NY</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>SOUTH JERSEY NJ PORT CORP</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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          <maturityDt>2040-07-01</maturityDt>
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      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-01</maturityDt>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DE</name>
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          <isin value="US57419T2Q37"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-09-01</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MAINE ST FIN AUTH</name>
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          <isin value="US56042BBU08"/>
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          <maturityDt>2051-12-01</maturityDt>
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        <name>NEW YORK ST THRUWAY AUTH GEN R</name>
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          <maturityDt>2041-01-01</maturityDt>
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        <name>PRINCE GEORGES CNTY MD REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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        <name>SAINT PAUL MN PORT AUTH SOL WS</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>TAYLOR TX</name>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <name>CONNECTICUT ST</name>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
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          <isin value="US546399PG55"/>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
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          <isin value="US64972HX729"/>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
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          <isin value="US63608TAC45"/>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
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          <isin value="US592250DE12"/>
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        <curCd>USD</curCd>
        <valUSD>2976120.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US74529JRH04"/>
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        <balance>937000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>937000.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.32900000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>452152VG3</cusip>
        <identifiers>
          <isin value="US452152VG30"/>
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        <balance>2410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2415085.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SOUTH JERSEY NJ PORT CORP</name>
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          <isin value="US838530RB18"/>
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        <balance>705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>733989.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROWARD CNTY FL WTR &amp; SWR UTIL</name>
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        <cusip>115117NH2</cusip>
        <identifiers>
          <isin value="US115117NH28"/>
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        <balance>2640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2649662.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT RIVER AZ PROJ AGRIC IMPT&amp;</name>
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        <cusip>79574CCD3</cusip>
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          <isin value="US79574CCD39"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5170300.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
        <lei>N/A</lei>
        <title>Iowa Tobacco Settlement Authority</title>
        <cusip>888805CC0</cusip>
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          <isin value="US888805CC09"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303603.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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          <isin value="US795576HH37"/>
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        <balance>15000000.00000000</balance>
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        <valUSD>15563100.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116FG67"/>
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        <name>TOBACCO SETTLEMENT FING CORP V</name>
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          <isin value="US88880NAX75"/>
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          <maturityDt>2047-06-01</maturityDt>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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          <isin value="US249189DE80"/>
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        <name>CELEBRATION POINTE CMNTY DEV D</name>
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          <isin value="US15102HAB33"/>
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        <name>CALIFORNIA ST EDUCTNL FACS AUT</name>
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          <isin value="US130179GV07"/>
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        <name>TAMPA FL WTR &amp; WSTWTR SYS REVE</name>
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          <isin value="US875291BM71"/>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <name>ARIZONA ST INDL DEV AUTH ECON</name>
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          <isin value="US040523AF98"/>
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      <invstOrSec>
        <name>NEBRASKA ST INVESTMENT FIN AUT</name>
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          <isin value="US63968M2S79"/>
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          <maturityDt>2043-09-01</maturityDt>
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      <invstOrSec>
        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
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          <isin value="US154871CL95"/>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <title>New York Transportation Development Corp</title>
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          <isin value="US650116HH23"/>
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        <valUSD>5924490.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2043-06-30</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>PORT BEAUMONT TX NAV DIST DOCK</name>
        <lei>549300G8PKBXALUKJY33</lei>
        <title>Port of Beaumont Navigation District</title>
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          <isin value="US73360CAP95"/>
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        <curCd>USD</curCd>
        <valUSD>2081360.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEE CNTY FL ARPT REVENUE</name>
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        <title>County of Lee FL Airport Revenue</title>
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          <isin value="US523470HW56"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709224HN2</cusip>
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          <isin value="US709224HN28"/>
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        <balance>2090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2099823.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152Q468"/>
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        <balance>1220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1240544.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SOUTH JERSEY NJ PORT CORP</name>
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          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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        <title>Utah Telecommunication Open Infrastructure Agency</title>
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          <isin value="US91756SAQ66"/>
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        <name>DENVER CO CITY &amp; CNTY MF HSG R</name>
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        <name>MONROE CNTY FL ARPT REVENUE</name>
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        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
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        <name>INDIANA ST FIN AUTH STUDENT HS</name>
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        <title>Indiana Finance Authority</title>
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        <name>CALIFORNIA ST SCH FIN AUTH CHR</name>
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        <curCd>USD</curCd>
        <valUSD>6500025.00000000</valUSD>
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          <maturityDt>2043-12-01</maturityDt>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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          <isin value="US13032UMP02"/>
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        <name>CALIFORNIA ST</name>
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          <isin value="US13063CC658"/>
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          <maturityDt>2036-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <valUSD>995050.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.55000000</annualizedRt>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK NY</name>
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        <name>MIAMI-DADE CNTY FL SPL OBLIG</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
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        <name>UTILITY DEBT SECURITIZATION AU</name>
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        <name>MOON INDL DEV AUTH PA REVENUE</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <name>KALISPELL MT HSG &amp; HLTHCARE FA</name>
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        <name>ILLINOIS ST</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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          <isin value="US45204FYG44"/>
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        <curCd>USD</curCd>
        <valUSD>3624167.70000000</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>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LANCASTER CNTY PA HOSP AUTH</name>
        <lei>N/A</lei>
        <title>Lancaster County Hospital Authority/PA</title>
        <cusip>514045L68</cusip>
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          <isin value="US514045L685"/>
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        <curCd>USD</curCd>
        <valUSD>2505500.10000000</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>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
        <lei>549300BJRX2FHSSZP042</lei>
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          <isin value="US19645UEQ31"/>
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        <balance>2215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2148550.00000000</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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
        <cusip>56681NEV5</cusip>
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          <isin value="US56681NEV55"/>
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        <curCd>USD</curCd>
        <valUSD>926082.25000000</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>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH STUDENT H</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45203KAH8</cusip>
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          <isin value="US45203KAH86"/>
          <other otherDesc="SEDOL" value="BFWF1Z9"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267927.40000000</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>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GAINESVILLE &amp; HALL CNTY GA HOS</name>
        <lei>N/A</lei>
        <title>Gainesville &amp; Hall County Hospital Authority</title>
        <cusip>362762QQ2</cusip>
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          <isin value="US362762QQ20"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>405912.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063DQX9</cusip>
        <identifiers>
          <isin value="US13063DQX92"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2071000.00000000</valUSD>
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        <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>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FOOTHILL ESTRN TRANSPRTN CORRI</name>
        <lei>N/A</lei>
        <title>Foothill-Eastern Transportation Corridor Agency</title>
        <cusip>345105KT6</cusip>
        <identifiers>
          <isin value="US345105KT65"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1012120.00000000</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>2046-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST POLL CONTROL FIN</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority</title>
        <cusip>13054WAB3</cusip>
        <identifiers>
          <isin value="US13054WAB37"/>
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        <balance>3700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3701776.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
        <lei>549300KOSU8OC75V9238</lei>
        <title>Westchester County Local Development Corp</title>
        <cusip>95737TFL5</cusip>
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          <isin value="US95737TFL52"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>538200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSONC</name>
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        <title>Metropolitan Government Nashville &amp; Davidson County Sports Authority</title>
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          <isin value="US592090JX33"/>
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        <curCd>USD</curCd>
        <valUSD>4442971.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER CO CONVENTION CENTER HO</name>
        <lei>N/A</lei>
        <title>Denver Convention Center Hotel Authority</title>
        <cusip>249189DK4</cusip>
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          <isin value="US249189DK41"/>
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        <valUSD>919350.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ATLANTA GA ARPT REVENUE</name>
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          <isin value="US04780ME398"/>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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          <isin value="US018444BT51"/>
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        <name>TAMPA FL CAPITAL IMPT CIGARETT</name>
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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="US45203KAM71"/>
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        <name>GEO L SMITH II GA CONGRESS CTR</name>
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          <isin value="US37255MAC91"/>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority</title>
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          <isin value="US130536RA56"/>
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          <annualizedRt>8.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UTILITY DEBT SECURITIZATION AU</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority</title>
        <cusip>91802RBQ1</cusip>
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          <isin value="US91802RBQ11"/>
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        <balance>5090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5174188.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116GU4</cusip>
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          <isin value="US650116GU43"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1913432.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing &amp; Finance Association</title>
        <cusip>45129GJM8</cusip>
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          <isin value="US45129GJM87"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1244278.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
        <cusip>882667CM8</cusip>
        <identifiers>
          <isin value="US882667CM80"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1612725.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN MUNI PWR-OHIO INC OH</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power Inc</title>
        <cusip>02765URG1</cusip>
        <identifiers>
          <isin value="US02765URG12"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1356480.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116FM3</cusip>
        <identifiers>
          <isin value="US650116FM36"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1069320.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MONROE CNTY FL ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>County of Monroe FL Airport Revenue</title>
        <cusip>610466AN4</cusip>
        <identifiers>
          <isin value="US610466AN48"/>
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        <balance>1235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1319325.80000000</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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KALISPELL MT HSG &amp; HLTHCARE FA</name>
        <lei>N/A</lei>
        <title>City of Kalispell MT</title>
        <cusip>48342YAP6</cusip>
        <identifiers>
          <isin value="US48342YAP60"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1332324.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO INDL TOURIST EDUCT</name>
        <lei>549300YJRISCG6HQ4512</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Envirml Ctl Facs Fing Auth</title>
        <cusip>74528LAC5</cusip>
        <identifiers>
          <isin value="US74528LAC54"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6034450.00000000</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>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
        <cusip>56681NEU7</cusip>
        <identifiers>
          <isin value="US56681NEU72"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253767.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP V</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp/VA</title>
        <cusip>88880NAV1</cusip>
        <identifiers>
          <isin value="US88880NAV10"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1234062.50000000</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>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
        <cusip>93974ERQ1</cusip>
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          <isin value="US93974ERQ16"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3366510.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA ST MUNI FIN AUTH CH</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048DCG1</cusip>
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          <isin value="US13048DCG16"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002550.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEBRASKA ST INVESTMENT FIN AUT</name>
        <lei>549300OIIXIM3SRZWK33</lei>
        <title>Nebraska Investment Finance Authority</title>
        <cusip>63968M2R9</cusip>
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          <isin value="US63968M2R96"/>
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        <balance>1250000.00000000</balance>
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        <valUSD>1337937.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063C4T4</cusip>
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          <isin value="US13063C4T45"/>
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        <balance>4100000.00000000</balance>
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        <valUSD>4231405.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
        <cusip>6461396R1</cusip>
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          <isin value="US6461396R15"/>
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        <balance>1770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1838693.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH HOSP REV</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052EAA6</cusip>
        <identifiers>
          <isin value="US04052EAA64"/>
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        <balance>1930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1930000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GEO L SMITH II GA CONGRESS CTR</name>
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      <invstOrSec>
        <name>DENVER CO CONVENTION CENTER HO</name>
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        <name>CEDAR HILL TX INDEP SCH DIST</name>
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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>HENNEPIN CNTY MN</name>
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          <isin value="US425507QF02"/>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <title>Maricopa County Industrial Development Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>HENRICO CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
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          <isin value="US42605QHM87"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST DEPT OF WTR RESO</name>
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        <name>SOUTH JERSEY NJ PORT CORP</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>TOBACCO SETTLEMENT FING CORP N</name>
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        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
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        <name>MIAMI-DADE CNTY FL EDUCTNL FAC</name>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116CN4</cusip>
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          <isin value="US650116CN46"/>
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        <balance>4210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4338657.60000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
        <cusip>56682HBW8</cusip>
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          <isin value="US56682HBW88"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3109260.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RICHMOND HEIGHTS MO TAX INCR A</name>
        <lei>N/A</lei>
        <title>City of Richmond Heights MO</title>
        <cusip>764709AH4</cusip>
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          <isin value="US764709AH48"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>268671.60000000</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>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>PUBLIC FIN AUTH WI HOTEL REVEN</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74447DAD9</cusip>
        <identifiers>
          <isin value="US74447DAD93"/>
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        <balance>2720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2783947.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST SCH FIN AUTH CHR</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13058TSD3</cusip>
        <identifiers>
          <isin value="US13058TSD36"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>655625.20000000</valUSD>
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        <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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063D2G2</cusip>
        <identifiers>
          <isin value="US13063D2G24"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>528820.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENNSYLVANIA ST HSG FIN AGY SF</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency</title>
        <cusip>70879QTW3</cusip>
        <identifiers>
          <isin value="US70879QTW32"/>
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        <balance>10730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11161667.90000000</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>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</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>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>South Carolina Public Service Authority</title>
        <cusip>837151T25</cusip>
        <identifiers>
          <isin value="US837151T254"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3394890.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MATCHING FUND SPL PURPOSE SECU</name>
        <lei>N/A</lei>
        <title>Matching Fund Special Purpose Securitization Corp</title>
        <cusip>57665NAG0</cusip>
        <identifiers>
          <isin value="US57665NAG07"/>
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        <balance>3785000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3941509.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250EY6</cusip>
        <identifiers>
          <isin value="US592250EY66"/>
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        <balance>1970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1854538.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709224HP7</cusip>
        <identifiers>
          <isin value="US709224HP75"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1005160.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IRVINE CA FACS FING AUTH SPL T</name>
        <lei>N/A</lei>
        <title>Irvine Facilities Financing Authority</title>
        <cusip>46360WAU0</cusip>
        <identifiers>
          <isin value="US46360WAU09"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2781000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182TDL8</cusip>
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          <isin value="US09182TDL89"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5456800.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IOWA ST FIN AUTH MIDWSTRN DISA</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246SAU9</cusip>
        <identifiers>
          <isin value="US46246SAU96"/>
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        <balance>4135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4780845.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>RHODE ISLAND ST HSG &amp; MTGE FIN</name>
        <lei>254900N9FNYNPO539444</lei>
        <title>Rhode Island Housing &amp; Mortgage Finance Corp</title>
        <cusip>76221SAL5</cusip>
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          <isin value="US76221SAL51"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4802985.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
        <lei>N/A</lei>
        <title>Inland Empire Tobacco Securitization Corp</title>
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          <isin value="US45734TAH77"/>
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        <balance>74090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4786214.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
        <lei>N/A</lei>
        <title>Los Angeles Department of Water &amp; Power Water System Revenue</title>
        <cusip>544525YL6</cusip>
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          <isin value="US544525YL67"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1700000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
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        <name>NATIONAL FIN AUTH NH SENIOR LI</name>
        <lei>N/A</lei>
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          <isin value="US63608SAM44"/>
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          <maturityDt>2051-01-01</maturityDt>
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      <invstOrSec>
        <name>OKLAHOMA ST DEV FIN AUTH HLTHS</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884XCG0</cusip>
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          <isin value="US67884XCG07"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64990FM439"/>
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        <valUSD>1233990.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <title>Allentown Neighborhood Improvement Zone Development Authority</title>
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          <isin value="US018444AY55"/>
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        <balance>3150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3162852.00000000</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>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Jefferson AL Sewer Revenue</title>
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          <isin value="US472682ZP16"/>
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        <curCd>USD</curCd>
        <valUSD>2767475.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FJX33"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey</title>
        <cusip>73358WZD9</cusip>
        <identifiers>
          <isin value="US73358WZD90"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2537350.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST HLTH FACS FING A</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority</title>
        <cusip>13032UZP6</cusip>
        <identifiers>
          <isin value="US13032UZP64"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3796150.00000000</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>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY CITY TRANSITIONAL</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>New York City Transitional Finance Authority</title>
        <cusip>64972JHU5</cusip>
        <identifiers>
          <isin value="US64972JHU51"/>
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        <balance>2350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2655288.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QXC1</cusip>
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          <isin value="US74526QXC13"/>
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        <balance>2990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1569750.00000000</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>2019-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152S852"/>
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        <balance>3260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3426390.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514L3N58"/>
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        <balance>830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>799721.60000000</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>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>ILLINOIS ST FIN AUTH STUDENT H</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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          <isin value="US45203KAF21"/>
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        <balance>400000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
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          <isin value="US12008ETV82"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TUSCALOOSA CNTY AL INDL DEV AU</name>
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          <maturityDt>2044-05-01</maturityDt>
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        <name>CONNECTICUT ST</name>
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        <title>State of Connecticut</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>TEMPE AZ INDL DEV AUTH REVENUE</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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          <maturityDt>2041-12-01</maturityDt>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH ST</name>
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        <title>Tobacco Securitization Authority of Southern California</title>
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          <isin value="US888804BA86"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
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          <isin value="US4521525Q05"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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        <title>Utah Telecommunication Open Infrastructure Agency</title>
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          <isin value="US91756SAM52"/>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <title>New York State Dormitory Authority</title>
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          <isin value="US64990CPX38"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CA DEPT WTR &amp; PWR</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>CAPITAL TRUST AGY FL STUDENT H</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CMWLTH FING AUTH PA TOBACCO MA</name>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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        <name>NEW YORK NY</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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      <invstOrSec>
        <name>GERALD R FORD INTERNATIONAL AR</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1642545.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP</name>
        <lei>549300HC854CNBLMWC48</lei>
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          <isin value="US340618DT16"/>
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        <curCd>USD</curCd>
        <valUSD>5455474.75000000</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>2053-07-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966QM642"/>
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        <curCd>USD</curCd>
        <valUSD>2637293.85000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
        <lei>N/A</lei>
        <title>Inland Empire Tobacco Securitization Corp</title>
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          <isin value="US45734TAG94"/>
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        <curCd>USD</curCd>
        <valUSD>4726300.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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          <isin value="US762244MH16"/>
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        <curCd>USD</curCd>
        <valUSD>2164860.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
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          <isin value="US154871CP00"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281635.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
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          <isin value="US650116HA79"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2616025.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
        <cusip>400653JY8</cusip>
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          <isin value="US400653JY86"/>
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        <curCd>USD</curCd>
        <valUSD>3236641.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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        <title>Idaho Housing &amp; Finance Association</title>
        <cusip>45129GFT7</cusip>
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          <isin value="US45129GFT76"/>
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        <balance>710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>576924.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN ANTONIO TX WTR REVENUE</name>
        <lei>549300S7VENCVRZAA322</lei>
        <title>San Antonio Water System</title>
        <cusip>79642B7M9</cusip>
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          <isin value="US79642B7M92"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2355547.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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          <isin value="US38122NZA35"/>
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        <valUSD>879826.50000000</valUSD>
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        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
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          <isin value="US837151T338"/>
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          <maturityDt>2038-12-01</maturityDt>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <title>Maricopa County Industrial Development Authority</title>
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          <isin value="US56681NGB73"/>
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          <maturityDt>2038-07-01</maturityDt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN ANTONIO TX HSG TRUST PUBLI</name>
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        <title>San Antonio Housing Trust Public Facility Corp</title>
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        <name>FRANKLIN CNTY OH HOSP FACS REV</name>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>CAMDEN CNTY NJ IMPT AUTH REVEN</name>
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        <title>Camden County Improvement Authority/The</title>
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        <name>BUCKS CNTY PA INDL DEV AUTH</name>
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        <name>APPLE VLY MN SENIOR LIVING REV</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>TENNERGY CORP TN GAS REVENUE</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>CHICAGO IL</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <curCd>USD</curCd>
        <valUSD>4881622.50000000</valUSD>
        <pctVal>0.389836736984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Variable</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 PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QYY2</cusip>
        <identifiers>
          <isin value="US74526QYY24"/>
        </identifiers>
        <balance>1520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>798000.00000000</valUSD>
        <pctVal>0.063726704822</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ERIE CNTY NY TOBACCO ASSET SEC</name>
        <lei>N/A</lei>
        <title>Erie Tobacco Asset Securitization Corp</title>
        <cusip>295095BM4</cusip>
        <identifiers>
          <isin value="US295095BM47"/>
          <other otherDesc="SEDOL" value="BH3MD68"/>
        </identifiers>
        <balance>38675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1877284.50000000</valUSD>
        <pctVal>0.149916234586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing &amp; Finance Association</title>
        <cusip>45129GED3</cusip>
        <identifiers>
          <isin value="US45129GED34"/>
        </identifiers>
        <balance>1330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1287612.90000000</valUSD>
        <pctVal>0.102826224566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW ORLEANS LA AVIATION BRD</name>
        <lei>N/A</lei>
        <title>New Orleans Aviation Board</title>
        <cusip>64763HFF7</cusip>
        <identifiers>
          <isin value="US64763HFF73"/>
        </identifiers>
        <balance>2900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2903393.00000000</valUSD>
        <pctVal>0.231859233954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</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>
    </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>2025-01-24</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>
  <documents>XXXX</documents>
</edgarSubmission>
