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      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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      <invstOrSec>
        <name>INTERMOUNTAIN PWR AGY UT PWR S</name>
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          <isin value="US45884AF326"/>
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          <maturityDt>2037-07-01</maturityDt>
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        <name>ILLINOIS ST</name>
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          <isin value="US4521527B18"/>
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        <curCd>USD</curCd>
        <valUSD>1713608.10000000</valUSD>
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          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH JERSEY NJ PORT CORP</name>
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          <isin value="US838530RB18"/>
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        <curCd>USD</curCd>
        <valUSD>732100.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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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>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
        <cusip>400653JY8</cusip>
        <identifiers>
          <isin value="US400653JY86"/>
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        <balance>2915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3214108.15000000</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>2033-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>JACKSONVILLE PUBLIC EDUCTNL BL</name>
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          <isin value="US469480AT45"/>
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        <curCd>USD</curCd>
        <valUSD>1611977.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
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          <isin value="US514045L685"/>
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        <curCd>USD</curCd>
        <valUSD>2494710.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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          <isin value="US70252AAV70"/>
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        <valUSD>1093980.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445SN03"/>
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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>2033-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>FAIRFAX CNTY VA</name>
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          <isin value="US30382APS59"/>
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          <maturityDt>2044-10-01</maturityDt>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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          <isin value="US649519EG63"/>
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        <name>NATIONAL FIN AUTH NH REVENUE</name>
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          <isin value="US63607YAE05"/>
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        <name>MONROE CNTY FL ARPT REVENUE</name>
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          <isin value="US610466AP95"/>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116FG67"/>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <isin value="US167593L833"/>
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      <invstOrSec>
        <name>KALISPELL MT HSG &amp; HLTHCARE FA</name>
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          <isin value="US48342YAK73"/>
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        <balance>630000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-05-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST SCH FIN AUTH CHR</name>
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        <title>California School Finance Authority</title>
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          <isin value="US13058TSD36"/>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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          <isin value="US592647NA57"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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          <isin value="US56682PBT75"/>
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        <curCd>USD</curCd>
        <valUSD>1400476.00000000</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>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
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          <isin value="US74514L3T29"/>
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        <curCd>USD</curCd>
        <valUSD>14342848.39000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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          <maturityDt>2043-11-01</maturityDt>
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      <invstOrSec>
        <name>NEBRASKA ST INVESTMENT FIN AUT</name>
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        <title>Nebraska Investment Finance Authority</title>
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          <isin value="US63968M2S79"/>
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        <valUSD>2759970.60000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2043-09-01</maturityDt>
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          <annualizedRt>5.15000000</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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        <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>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608TAC45"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2411424.00000000</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>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>DIST OF COLUMBIA REVENUE</name>
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          <isin value="US25483VWB60"/>
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        <curCd>USD</curCd>
        <valUSD>1259202.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
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          <isin value="US452252QB80"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7234955.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>GERALD R FORD INTERNATIONAL AR</name>
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          <isin value="US373695CA15"/>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TOBACCO SETTLEMENT FING CORP V</name>
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          <isin value="US88880NAV10"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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        <name>TAYLOR TX</name>
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          <isin value="US877294YN27"/>
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        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
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          <isin value="US45734TAG94"/>
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        <name>GDB DEBT RECOVERY AUTH OF CMWL</name>
        <lei>N/A</lei>
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        <name>NEW YORK ST THRUWAY AUTH GEN R</name>
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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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        <valUSD>2213090.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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          <maturityDt>2040-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <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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        <curCd>USD</curCd>
        <valUSD>1666925.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2019-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
        <title>New York Liberty Development Corp</title>
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          <isin value="US649519EN15"/>
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        <curCd>USD</curCd>
        <valUSD>7565300.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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      <invstOrSec>
        <name>HENRICO CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
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          <isin value="US42605QHN60"/>
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        <valUSD>1796830.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
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          <isin value="US6461396R15"/>
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        <balance>1770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1829684.40000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HENRICO CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
        <title>Henrico County Economic Development Authority</title>
        <cusip>42605QHK2</cusip>
        <identifiers>
          <isin value="US42605QHK22"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>686341.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH JERSEY NJ PORT CORP</name>
        <lei>N/A</lei>
        <title>South Jersey Port Corp</title>
        <cusip>838530RC9</cusip>
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          <isin value="US838530RC90"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>912524.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH STUDENT H</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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          <isin value="US45203KAK16"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>399114.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
        <lei>N/A</lei>
        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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        <identifiers>
          <isin value="US882667CM80"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1592445.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <title>Chicago O'Hare International Airport</title>
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          <isin value="US167593K926"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5194350.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>M-S-R CA ENERGY AUTH GAS REVEN</name>
        <lei>549300UEMSS1JTK5YB98</lei>
        <title>M-S-R Energy Authority</title>
        <cusip>55374SAF7</cusip>
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          <isin value="US55374SAF74"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>732986.60000000</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>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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        <title>Golden State Tobacco Securitization Corp</title>
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          <isin value="US38122NZA35"/>
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        <curCd>USD</curCd>
        <valUSD>876809.00000000</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>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>APPLE VLY MN SENIOR LIVING REV</name>
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          <maturityDt>2037-01-01</maturityDt>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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          <isin value="US14054CDE66"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
        <lei>549300LCGT5UXUJ1LP77</lei>
        <title>Utah Telecommunication Open Infrastructure Agency</title>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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        <name>HARRIS CNTY TX</name>
        <lei>549300G9BRP25M0W1S40</lei>
        <title>County of Harris TX</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPITAL TRUST AGY FL STUDENT H</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUCKS CNTY PA INDL DEV AUTH</name>
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        <name>CALIFORNIA ST EDUCTNL FACS AUT</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
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        <name>GEO L SMITH II GA CONGRESS CTR</name>
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        <name>NEWARK HGR EDU FIN CORP TX EDU</name>
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        <name>DIRECTOR OF THE ST OF NEVADA D</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>KNOX CNTY TN HLTH EDUCTNL &amp; HS</name>
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        <name>CEDAR HILL TX INDEP SCH DIST</name>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</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>TOBACCO SETTLEMENT FING CORP V</name>
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          <maturityDt>2047-06-01</maturityDt>
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        <name>MIAMI-DADE CNTY FL EDUCTNL FAC</name>
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        <name>MONROE CNTY FL ARPT REVENUE</name>
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        <name>SALEM OR HOSP FAC AUTH REVENUE</name>
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          <isin value="US794458GJ24"/>
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        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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          <isin value="US606094DS63"/>
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        <name>IRVINE CA FACS FING AUTH SPL T</name>
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          <isin value="US46360WAU09"/>
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        <name>CMNTY DEV ADMIN MD MF DEV REVE</name>
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      <invstOrSec>
        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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          <maturityDt>2052-06-15</maturityDt>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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          <isin value="US13013JFW18"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>OREGON ST FACS AUTH REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US68608JXQ92"/>
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          <maturityDt>2049-06-15</maturityDt>
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        <name>INDIANA ST FIN AUTH STUDENT HS</name>
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          <isin value="US45471FAD33"/>
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      <invstOrSec>
        <name>GLENDALE AZ INDL DEV AUTH</name>
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          <isin value="US378286JA79"/>
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          <maturityDt>2046-11-15</maturityDt>
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        <name>ILLINOIS ST</name>
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          <isin value="US452153AV19"/>
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          <maturityDt>2041-03-01</maturityDt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US6461363L36"/>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <name>TAYLOR TX</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <name>UNIV OF CALIFORNIA CA REVENUES</name>
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        <name>DENVER CITY &amp; CNTY CO</name>
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      <invstOrSec>
        <name>DENVER CO CONVENTION CENTER HO</name>
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        <title>Denver Convention Center Hotel Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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          <isin value="US64966TGV08"/>
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          <maturityDt>2043-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MIAMI-DADE CNTY FL EDUCTNL FAC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <title>Indianapolis Local Public Improvement Bond Bank</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <title>Metropolitan Transportation Authority</title>
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          <isin value="US59261AK973"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-07-01</maturityDt>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TOBACCO SETTLEMENT FING CORP V</name>
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          <couponKind>None</couponKind>
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        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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        <name>MONROE CNTY FL ARPT REVENUE</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <name>ATLANTA GA ARPT REVENUE</name>
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        <name>MATCHING FUND SPL PURPOSE SECU</name>
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        <name>MARYLAND ST CMNTY DEV ADMIN DE</name>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-30</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>GLENDALE AZ INDL DEV AUTH SENI</name>
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          <isin value="US378287AZ94"/>
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          <maturityDt>2041-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTH JERSEY NJ PORT CORP</name>
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          <isin value="US838530RD73"/>
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        <curCd>USD</curCd>
        <valUSD>698591.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709225MR4</cusip>
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          <isin value="US709225MR42"/>
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        <curCd>USD</curCd>
        <valUSD>2256100.00000000</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>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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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          <isin value="US74526QKW14"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <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"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <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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      <invstOrSec>
        <name>CALIFORNIA ST CMNTY CLG FING A</name>
        <lei>N/A</lei>
        <title>California Community College Financing Authority</title>
        <cusip>13012TAF2</cusip>
        <identifiers>
          <isin value="US13012TAF21"/>
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        <balance>1480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1412142.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp</title>
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          <isin value="US38122NYL09"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3017730.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</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="US650116DA16"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2442050.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
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          <isin value="US93978LHC37"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1086220.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA CMNTY CHOICE FING A</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority</title>
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          <isin value="US13013JAP12"/>
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        <balance>4910000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
        <lei>549300LCGT5UXUJ1LP77</lei>
        <title>Utah Telecommunication Open Infrastructure Agency</title>
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          <isin value="US91756SAM52"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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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="US45204FYF60"/>
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        <balance>115000.00000000</balance>
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          <maturityDt>2041-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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      <invstOrSec>
        <name>JEA FL WTR &amp; SWR REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US46615SGH58"/>
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        <fairValLevel>2</fairValLevel>
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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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN ANTONIO TX HSG TRUST PUBLI</name>
        <lei>N/A</lei>
        <title>San Antonio Housing Trust Public Facility Corp</title>
        <cusip>79626WAB3</cusip>
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          <isin value="US79626WAB37"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4525290.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</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>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
        <lei>N/A</lei>
        <title>Allentown Neighborhood Improvement Zone Development Authority</title>
        <cusip>018444AY5</cusip>
        <identifiers>
          <isin value="US018444AY55"/>
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        <balance>3150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3155008.50000000</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>2042-05-01</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>
      <invstOrSec>
        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
        <lei>N/A</lei>
        <title>Inland Empire Tobacco Securitization Corp</title>
        <cusip>45734TAH7</cusip>
        <identifiers>
          <isin value="US45734TAH77"/>
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        <balance>74090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4981070.70000000</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>2057-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>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"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1272477.50000000</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>2040-05-01</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>TEXAS ST TRANSPRTN COMMISSION</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System</title>
        <cusip>88283KBV9</cusip>
        <identifiers>
          <isin value="US88283KBV98"/>
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        <balance>4250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4815887.50000000</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>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SUFFOLK REGL OFF-TRACK BETTING</name>
        <lei>N/A</lei>
        <title>Suffolk Regional Off-Track Betting Co</title>
        <cusip>86480TAB0</cusip>
        <identifiers>
          <isin value="US86480TAB08"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5168450.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHOENIX AZ INDL DEV AUTH STUDE</name>
        <lei>549300A62PWFBDWB8332</lei>
        <title>Industrial Development Authority of the City of Phoenix Arizona/The</title>
        <cusip>71885DCX8</cusip>
        <identifiers>
          <isin value="US71885DCX84"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>242677.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CENTRL PLAINS ENERGY PROJ NE G</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project</title>
        <cusip>154871CM7</cusip>
        <identifiers>
          <isin value="US154871CM78"/>
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        <balance>2480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2723684.80000000</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>2036-09-01</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>GERALD R FORD INTERNATIONAL AR</name>
        <lei>N/A</lei>
        <title>Gerald R Ford International Airport Authority</title>
        <cusip>373695BY0</cusip>
        <identifiers>
          <isin value="US373695BY00"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1091620.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>64577XDR4</cusip>
        <identifiers>
          <isin value="US64577XDR44"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1123620.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>
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          <isin value="US610466AN48"/>
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        <balance>1235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1317189.25000000</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>2036-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ERIE CNTY NY TOBACCO ASSET SEC</name>
        <lei>N/A</lei>
        <title>Erie Tobacco Asset Securitization Corp</title>
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          <isin value="US295095BM47"/>
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        <balance>38675000.00000000</balance>
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        <valUSD>2076074.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RICHMOND HEIGHTS MO TAX INCR A</name>
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        <title>City of Richmond Heights MO</title>
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          <isin value="US764709AH48"/>
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        <balance>270000.00000000</balance>
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        <valUSD>269346.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <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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      <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="US650116HU34"/>
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        <balance>2650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2648224.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709224HP75"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1001860.00000000</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>2045-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MIAMI-DADE CNTY FL SPL OBLIG</name>
        <lei>549300QG0NBD9HULR263</lei>
        <title>County of Miami-Dade FL</title>
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          <isin value="US59333NN829"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>1454160.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B4W5</cusip>
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          <isin value="US65000B4W58"/>
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        <balance>1390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1517977.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
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          <maturityDt>2042-07-01</maturityDt>
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        <name>BROWARD CNTY FL WTR &amp; SWR UTIL</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAN ANTONIO TX RIVER AUTH WSTW</name>
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        <title>San Antonio River Authority Wastewater System Revenue</title>
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          <isin value="US796352EQ11"/>
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        <balance>820000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-01</maturityDt>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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        <title>New York City Housing Development Corp</title>
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          <isin value="US64966TGW80"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150278.75000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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          <maturityDt>2043-12-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSONC</name>
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          <isin value="US592090JX33"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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        <name>MONROE CNTY NY INDL DEV CORP R</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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="US650116FH41"/>
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        <balance>3955000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4275948.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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          <isin value="US14054CDF32"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>787168.00000000</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>2055-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>NORTH CAROLINA ST HSG FIN AGY</name>
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        <title>North Carolina Housing Finance Agency</title>
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        <balance>4745000.00000000</balance>
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          <maturityDt>2042-07-01</maturityDt>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <title>Michigan Finance Authority</title>
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          <isin value="US59447TL760"/>
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        <balance>2000000.00000000</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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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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        <title>Idaho Housing &amp; Finance Association</title>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>TOBACCO SECURITIZATION AUTH ST</name>
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        <title>North Dakota Housing Finance Agency</title>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063D2G2</cusip>
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          <isin value="US13063D2G24"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>521577.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592250CF9</cusip>
        <identifiers>
          <isin value="US592250CF95"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2868900.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>
        <cusip>795576HH3</cusip>
        <identifiers>
          <isin value="US795576HH37"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15523500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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        <title>California Infrastructure &amp; Economic Development Bank</title>
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          <isin value="US13035ADQ94"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>852806.70000000</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>2040-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <title>Rhode Island Health and Educational Building Corp</title>
        <cusip>762244MH1</cusip>
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          <isin value="US762244MH16"/>
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        <curCd>USD</curCd>
        <valUSD>2116240.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <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>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>5166502.70000000</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>2035-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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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>13063DQV3</cusip>
        <identifiers>
          <isin value="US13063DQV37"/>
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        <balance>3875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3997023.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FYG4</cusip>
        <identifiers>
          <isin value="US45204FYG44"/>
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        <balance>3635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3524532.35000000</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>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461362U4</cusip>
        <identifiers>
          <isin value="US6461362U44"/>
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        <balance>9380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5552772.40000000</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>2038-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>64613CCC0</cusip>
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          <isin value="US64613CCC01"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2253500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
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          <annualizedRt>5.25000000</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>
        <cusip>472682ZP1</cusip>
        <identifiers>
          <isin value="US472682ZP16"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2705625.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST POLL CONTROL FIN</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority</title>
        <cusip>13054WAB3</cusip>
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          <isin value="US13054WAB37"/>
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        <balance>3700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3707363.00000000</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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          <isCashCollateral>N</isCashCollateral>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TW58</cusip>
        <identifiers>
          <isin value="US59447TW585"/>
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        <balance>2185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2158146.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAINT PAUL MN PORT AUTH SOL WS</name>
        <lei>N/A</lei>
        <title>St Paul Port Authority</title>
        <cusip>79307RAB0</cusip>
        <identifiers>
          <isin value="US79307RAB06"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1944000.00000000</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>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>74526QVX7</cusip>
        <identifiers>
          <isin value="US74526QVX77"/>
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        <balance>4630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2592800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QUV21"/>
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        <balance>1710000.00000000</balance>
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        <valUSD>953325.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2019-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>TAMPA FL WTR &amp; WSTWTR SYS REVE</name>
        <lei>N/A</lei>
        <title>City of Tampa FL Water &amp; Wastewater System Revenue</title>
        <cusip>875291BM7</cusip>
        <identifiers>
          <isin value="US875291BM71"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4278800.00000000</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>2047-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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        <name>CAPITAL PROJS FL FIN AUTH STUD</name>
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        <name>CALIFORNIA ST</name>
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        <name>UTILITY DEBT SECURITIZATION AU</name>
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      <invstOrSec>
        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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          <maturityDt>2047-12-15</maturityDt>
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        <name>PRINCE GEORGES CNTY MD REVENUE</name>
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        <valUSD>2906640.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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        <name>PUBLIC FIN AUTH WI PROJ REVENU</name>
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          <isin value="US74444UAU60"/>
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        <name>M-S-R CA ENERGY AUTH GAS REVEN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO CMWLTH</name>
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        <title>Commonwealth of Puerto Rico</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
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        <name>CHICAGO IL BRD OF EDU DEDICATE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <title>Build NYC Resource Corp</title>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
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        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
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        <name>KNOX CNTY TN HLTH EDUCTNL &amp; HS</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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      <invstOrSec>
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          <isin value="US442349FZ40"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
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      <invstOrSec>
        <name>RHODE ISLAND ST HSG &amp; MTGE FIN</name>
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          <isin value="US76221SAL51"/>
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        <curCd>USD</curCd>
        <valUSD>4794840.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
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      <invstOrSec>
        <name>DENVER CO CITY &amp; CNTY MF HSG R</name>
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          <isin value="US24917QBJ22"/>
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        <valUSD>1528350.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <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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        <curCd>USD</curCd>
        <valUSD>782842.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST THRUWAY AUTH PERSO</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority</title>
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          <isin value="US650028XK41"/>
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        <curCd>USD</curCd>
        <valUSD>4677900.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2716050.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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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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          <isin value="US74526QVD14"/>
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        <curCd>USD</curCd>
        <valUSD>568400.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <title>Black Belt Energy Gas District</title>
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          <isin value="US09182TDL89"/>
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        <curCd>USD</curCd>
        <valUSD>5415750.00000000</valUSD>
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        <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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      <invstOrSec>
        <name>CHICAGO IL</name>
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        <title>City of Chicago IL</title>
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          <isin value="US167486WY12"/>
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        <balance>1280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1303449.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAMPA FL CAPITAL IMPT CIGARETT</name>
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        <title>City of Tampa FL</title>
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          <isin value="US875146BB71"/>
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        <balance>12000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4599480.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>MISSOURI JT MUNI ELEC UTILITY</name>
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          <maturityDt>2039-12-01</maturityDt>
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        <name>HAMILTON CNTY OH HOSP FACS REV</name>
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        <name>NEW YORK NY CITY TRANSITIONAL</name>
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        <title>New York City Transitional Finance Authority</title>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <name>CENTRL PLAINS ENERGY PROJ NE G</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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        <name>DENVER CO CONVENTION CENTER HO</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>TEXAS ST MUNI GAS ACQUISITION</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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        <title>Pennsylvania Housing Finance Agency</title>
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        <name>COLORADO ST BRD OF GOVERNORS U</name>
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        <name>KANSAS CITY MO INDL DEV AUTH A</name>
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        <name>TEMPE AZ INDL DEV AUTH REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MASSACHUSETTS ST</name>
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        <title>Commonwealth of Massachusetts</title>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>OKLAHOMA ST DEV FIN AUTH HLTHS</name>
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        <name>MUNI ELEC AUTH OF GEORGIA</name>
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        <name>CUYAHOGA CNTY OH HOSP REVENUE</name>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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        <name>CALIFORNIA ST SCH FIN AUTH CHR</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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        <name>WESTCHESTER CNTY NY LOCAL DEV</name>
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        <name>CALIFORNIA ST EDUCTNL FACS AUT</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116GQ31"/>
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          <maturityDt>2038-06-30</maturityDt>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <title>Kentucky Public Energy Authority</title>
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          <isin value="US74440DEC48"/>
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          <maturityDt>2054-04-01</maturityDt>
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        <name>GTR ORLANDO FL AVIATION AUTH A</name>
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        <title>Greater Orlando Aviation Authority</title>
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          <isin value="US392275EK50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-10-01</maturityDt>
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      <invstOrSec>
        <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="US56681NEV55"/>
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        <name>CONNECTICUT ST</name>
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        <title>Illinois Finance Authority</title>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WYANDOTTE CNTY KS KANSAS CITY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MOON INDL DEV AUTH PA REVENUE</name>
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          <isin value="US61543RAR75"/>
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        <curCd>USD</curCd>
        <valUSD>2162840.40000000</valUSD>
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        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116GU43"/>
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        <curCd>USD</curCd>
        <valUSD>1892712.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <title>Buckeye Tobacco Settlement Financing Authority</title>
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          <isin value="US118217CZ97"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3662560.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isin value="US12008ETQ97"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>607784.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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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        <cusip>74529JRH0</cusip>
        <identifiers>
          <isin value="US74529JRH04"/>
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        <balance>937000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>934657.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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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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      <invstOrSec>
        <name>REGL CO TRANSPRTN DIST PRIV AC</name>
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          <isin value="US759151BP73"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1024860.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>JEFFERSON CNTY TX INDL DEV COR</name>
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        <title>Jefferson County Industrial Development Corp/TX</title>
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          <isin value="US47353PAA66"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>998750.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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        <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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        <valUSD>1226500.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2017-07-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116HA79"/>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BAT17"/>
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        <name>IDAHO ST HSG &amp; FIN ASSN NONPRO</name>
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          <isin value="US45129GJM87"/>
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        <name>SEMINOLE CNTY FL INDL DEV AUTH</name>
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        <name>IOWA ST FIN AUTH SENIOR HSG RE</name>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
        <lei>549300HC854CNBLMWC48</lei>
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        <name>ESCAMBIA CNTY FL HLTH FACS AUT</name>
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        <name>CHICAGO IL BRD OF EDU DEDICATE</name>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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        <name>ILLINOIS ST FIN AUTH STUDENT H</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>NEW YORK NY CITY TRANSITIONAL</name>
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        <name>SAN ANTONIO TX WTR REVENUE</name>
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        <name>CALIFORNIA ST PUBLIC WKS BRD L</name>
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      <invstOrSec>
        <name>GAINESVILLE &amp; HALL CNTY GA HOS</name>
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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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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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      <invstOrSec>
        <name>CMWLTH FING AUTH PA TOBACCO MA</name>
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        <title>Commonwealth Financing Authority</title>
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          <isin value="US20282EAH99"/>
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        <valUSD>2093240.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
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          <isin value="US74514L3N58"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TSASC INC NY</name>
        <lei>N/A</lei>
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          <isin value="US898526EY08"/>
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        <valUSD>489601.50000000</valUSD>
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      <invstOrSec>
        <name>ATLANTA GA ARPT REVENUE</name>
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          <isin value="US04780ME471"/>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SENIOR LI</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608SAM44"/>
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        <balance>1330000.00000000</balance>
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        <debtSec>
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      <invstOrSec>
        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>IOWA ST FIN AUTH MIDWSTRN DISA</name>
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          <isin value="US46246SAU96"/>
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        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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          <isin value="US13034A6B14"/>
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        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>FLORIDA ST DEV FIN CORP</name>
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        <name>NEW YORK ST MTGE AGY HOMEOWNER</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <maturityDt>2043-06-30</maturityDt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <balance>9170000.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST HSG DEV AUTH REVEN</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
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        <cusip>45203MSB8</cusip>
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          <isin value="US45203MSB80"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>GEO L SMITH II GA CONGRESS CTR</name>
        <lei>N/A</lei>
        <title>George L Smith II Congress Center Authority</title>
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          <isin value="US37255MAE57"/>
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        <valUSD>1016440.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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          <isin value="US64972FK621"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIV OF MINNESOTA MN</name>
        <lei>N/A</lei>
        <title>University of Minnesota</title>
        <cusip>914460PF1</cusip>
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          <isin value="US914460PF19"/>
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        <balance>1855000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1891543.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
        <lei>N/A</lei>
        <title>Iowa Tobacco Settlement Authority</title>
        <cusip>888805CD8</cusip>
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          <isin value="US888805CD81"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>597984.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH ST</name>
        <lei>N/A</lei>
        <title>Tobacco Securitization Authority of Southern California</title>
        <cusip>888804BA8</cusip>
        <identifiers>
          <isin value="US888804BA86"/>
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        <balance>9655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1995688.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
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        <identifiers>
          <isin value="US650116CX28"/>
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        <balance>1950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1958599.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TENNERGY CORP TN GAS REVENUE</name>
        <lei>5493008K3JJFBSC4C235</lei>
        <title>Tennergy Corp/TN</title>
        <cusip>880397BW3</cusip>
        <identifiers>
          <isin value="US880397BW31"/>
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        <balance>4400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4453416.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
        <lei>N/A</lei>
        <title>New York Counties Tobacco Trust V</title>
        <cusip>649441AE2</cusip>
        <identifiers>
          <isin value="US649441AE21"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>925600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT VERDE AZ FINANCIAL CORP S</name>
        <lei>549300VEWOZY6TQOIF03</lei>
        <title>Salt Verde Financial Corp</title>
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          <isin value="US79575EAS72"/>
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        <balance>7200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7889472.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSOURI JT MUNI ELEC UTILITY</name>
        <lei>N/A</lei>
        <title>Missouri Joint Municipal Electric Utility Commission</title>
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          <isin value="US606094DT47"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <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>
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          <isin value="US45129GFT76"/>
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        <balance>710000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SALT RIVER AZ PROJ AGRIC IMPT&amp;</name>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
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          <isin value="US452152Q468"/>
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        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
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          <isin value="US400653JX04"/>
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        <name>SOUTH JERSEY NJ PORT CORP</name>
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          <isin value="US838530RE56"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>WASHINGTON CNTY PA REDEV AUTH</name>
        <lei>N/A</lei>
        <title>Redevelopment Authority of The County of Washington</title>
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          <isin value="US938618AD75"/>
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        <invCountry>US</invCountry>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
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          <isin value="US83704DAF33"/>
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          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
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        <title>Louisiana Public Facilities Authority</title>
        <cusip>546399PG5</cusip>
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          <isin value="US546399PG55"/>
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        <curCd>USD</curCd>
        <valUSD>409892.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-06-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052BDB71"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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="US249189DP38"/>
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        <curCd>USD</curCd>
        <valUSD>1219584.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VIRGINIA ST PUB BLDG AUTH PUBL</name>
        <lei>N/A</lei>
        <title>Virginia Public Building Authority</title>
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          <isin value="US928173AS27"/>
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        <curCd>USD</curCd>
        <valUSD>5105950.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHANDLER AZ INDL DEV AUTH INDL</name>
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          <isin value="US158862CB65"/>
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        <curCd>USD</curCd>
        <valUSD>4889175.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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        <name>SAN JOAQUIN VLY CLEAN ENERGY A</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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        <title>Illinois Housing Development Authority</title>
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        <lei>SVQOT7V5CPLIGNP5BE29</lei>
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        <name>ATLANTA GA WTR &amp; WSTWTR REVENU</name>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
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        <title>South Carolina Jobs-Economic Development Authority</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>DENVER CO CONVENTION CENTER HO</name>
        <lei>N/A</lei>
        <title>Denver Convention Center Hotel Authority</title>
        <cusip>249189DE8</cusip>
        <identifiers>
          <isin value="US249189DE80"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2568350.00000000</valUSD>
        <pctVal>0.215609002008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>State of Connecticut</title>
        <cusip>20772KYP8</cusip>
        <identifiers>
          <isin value="US20772KYP82"/>
        </identifiers>
        <balance>2250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2564527.50000000</valUSD>
        <pctVal>0.215288109058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</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>2025-04-22</ncom:dateSigned>
      <ncom:nameOfApplicant>Delaware Group Tax Free Fund</ncom:nameOfApplicant>
      <ncom:signature>Dan Geatens</ncom:signature>
      <ncom:signerName>Dan Geatens</ncom:signerName>
      <ncom:title>Division Director - Head of US Fund Administration</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
