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        <name>NORTH RIDGEVILLE OHIO CITY SCH DIST</name>
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        <name>PENNSYLVANIA HSG FIN AGY</name>
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        <name>GRAND RAPIDS MICH ECONOMIC DEV CORP</name>
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        <name>INDIANA ST HSG &amp; CMNTY DEV AUTH</name>
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        <name>JORDANELLE RIDGE PUB INFRASTRUCTURE DIST NO 2 UTAH</name>
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        <name>VIRGINIA BEACH CITY DEVELOPMENT AUTHORITY (VA)</name>
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        <name>PUBLIC FIN AUTH WIS</name>
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        <name>MICHIGAN PUBLIC EDL FACS AUTHORITY REVENUE</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY</name>
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        <name>RIVER LANDING CMNTY DEV DIST FLA</name>
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        <name>WILLOUGHBY-EASTLAKE CITY SCHOOL DISTRICT (OH)</name>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH</name>
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        <cusip>19648FTJ3</cusip>
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        <name>ILLINOIS FIN AUTH</name>
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        <cusip>45203H6Y3</cusip>
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          <isin value="US45203H6Y31"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MONTANA BOARD OF HOUSING (MT)</name>
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          <isin value="US61212WLR42"/>
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        <curCd>USD</curCd>
        <valUSD>285561.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ENCINITAS UNIFIED SCHOOL DISTRICT (CA)</name>
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        <cusip>292533EJ1</cusip>
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          <isin value="US292533EJ12"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>617795.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>ALABAMA HSG FIN AUTH</name>
        <lei>549300VFN7EHPOFS7D76</lei>
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        <cusip>01030RLK6</cusip>
        <identifiers>
          <isin value="US01030RLK67"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>479360.19000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PENSACOLA (FL), CITY OF</name>
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        <title>FL PENAPT 5.5 10/01/2055</title>
        <cusip>709427FG8</cusip>
        <identifiers>
          <isin value="US709427FG81"/>
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        <balance>500000.00000000</balance>
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        <valUSD>521759.15000000</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>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>LOUISIANA LOC GOVT ENVIRONMENTAL FACS &amp; CMNTY DEV AUTH</name>
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        <title>LA LASFAC 5.65 11/01/2037</title>
        <cusip>54628CER9</cusip>
        <identifiers>
          <isin value="US54628CER97"/>
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        <balance>200000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN ST HSG DEV AUTH</name>
        <lei>549300NSWW1HVXE93T03</lei>
        <title>MI MISHSG 2.75 06/01/2051</title>
        <cusip>594654LQ6</cusip>
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          <isin value="US594654LQ65"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>1409107.40000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2063</title>
        <cusip>74445QCS7</cusip>
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          <isin value="US74445QCS75"/>
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        <balance>15240.00000000</balance>
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        <valUSD>88.64000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2063-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>LAKEWOOD RANCH STEWARDSHIP DIST FLA</name>
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        <name>WEST VIRGINIA ST HSG DEV FD</name>
        <lei>N/A</lei>
        <title>WV WVSSFH 5.12 11/01/2055</title>
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          <isin value="US95662NXR42"/>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74445QAE08"/>
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        <balance>5235.00000000</balance>
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          <couponKind>None</couponKind>
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        <name>INVESCO VAN KAMPEN MUN OPPORTUNITY TR</name>
        <lei>WERC5RXCUSU16MOTZ848</lei>
        <title>INVESCO VAN KAMPEN MUN OPPORTUNITY TR COM</title>
        <cusip>46132C107</cusip>
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          <isin value="US46132C1071"/>
          <ticker value="VMO"/>
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        <name>TENNESSEE HSG DEV AGY</name>
        <lei>25490004PSQYQLFJGI76</lei>
        <title>TN TNSHSG 2.55 07/01/2046</title>
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        <name>INVESCO VAN KAMPEN ADVANTAGE MUN INCOME TR II</name>
        <lei>DA89O2CSN0WUDR74HM71</lei>
        <title>INVESCO VAN KAMPEN ADVANTAGE MUN INCOME TR II SH BEN INT</title>
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          <isin value="US46132E1038"/>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN CORP</name>
        <lei>N/A</lei>
        <title>TX NHPFAC 6.5 10/01/2055</title>
        <cusip>64542UHF4</cusip>
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          <isin value="US64542UHF49"/>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>BRIGHTSHORE CMNTY DEV DIST FLA</name>
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          <couponKind>Fixed</couponKind>
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        <name>SUNBRIDGE STEWARDSHIP DIST FLA</name>
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          <isin value="US86709HAM79"/>
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          <maturityDt>2056-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>LOUISIANA LOC GOVT ENVIRONMENTAL FACS &amp; CMNTY DEV AUTH</name>
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        <cusip>54628CJC7</cusip>
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          <isin value="US54628CJC73"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QCB4</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>PHOENIX ARIZ INDL DEV AUTH</name>
        <lei>549300A62PWFBDWB8332</lei>
        <title>AZ PHODEV 5.5 12/01/2050</title>
        <cusip>71885LAG9</cusip>
        <identifiers>
          <isin value="US71885LAG95"/>
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        <balance>500000.00000000</balance>
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        <valUSD>486826.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QCU2</cusip>
        <identifiers>
          <isin value="US74445QCU22"/>
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        <balance>15008.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BERKELEY (SC), COUNTY OF</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US084220AB88"/>
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        <balance>350000.00000000</balance>
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        <valUSD>328761.20000000</valUSD>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>EUCLID OHIO</name>
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          <maturityDt>2049-12-01</maturityDt>
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      <invstOrSec>
        <name>UTAH ST CHARTER SCH FIN AUTH</name>
        <lei>N/A</lei>
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          <isin value="US91754T3A99"/>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QBC3</cusip>
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          <isin value="US74445QBC33"/>
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        <name>NEW YORK ST MTG AGY</name>
        <lei>549300ZQWNLLIG564027</lei>
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        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA)</name>
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      <invstOrSec>
        <name>NEW HAMPSHIRE ST BUSINESS FIN AUTH</name>
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        <identifiers>
          <isin value="US644684GK24"/>
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          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>APPLE VY MINN</name>
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        <name>NEW MEXICO MORTGAGE FINANCE AUTHORITY (NM)</name>
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        <name>NORTH CENT HEALTH FACILITIES DEVELOPMENT CORP (TX)</name>
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        <name>PUBLIC FIN AUTH WIS</name>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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        <name>CAPITAL TR AUTH FLA</name>
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        <name>TENNESSEE HSG DEV AGY</name>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>LOUISIANA HSG CORP</name>
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        <name>PHILADELPHIA PA AUTH</name>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <lei>5493004S6D3NA627K012</lei>
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        <name>GAINESVILLE &amp; HALL CNTY GA DEV AUTH</name>
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        <name>ROLLING HILLS CMNTY DEV DIST FLA</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ST BERNARD OHIO</name>
        <lei>N/A</lei>
        <title>OH STBGEN 5 12/01/2043</title>
        <cusip>85233CAW3</cusip>
        <identifiers>
          <isin value="US85233CAW38"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500459.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS FIN AUTH</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>IL ILSFAC 6.25 12/01/2038</title>
        <cusip>45202UAS3</cusip>
        <identifiers>
          <isin value="US45202UAS33"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>692447.50000000</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>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MEADOW VIEW AT TWIN CREEKS COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <cusip>583188AZ0</cusip>
        <identifiers>
          <isin value="US583188AZ08"/>
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        <balance>220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>165689.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH</name>
        <lei>5493006X47I9VG3DL112</lei>
        <title>SC SCSEDU 7 06/15/2043</title>
        <cusip>83704MDR4</cusip>
        <identifiers>
          <isin value="US83704MDR43"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>334630.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WATERSET SOUTH CMNTY DEV DISTICT FLA</name>
        <lei>N/A</lei>
        <title>FL WCDGEN 5.9 05/01/2042</title>
        <cusip>94186HAC5</cusip>
        <identifiers>
          <isin value="US94186HAC51"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524252.75000000</valUSD>
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        <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>5.90000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HILLSBOROUGH COUNTY AVIATION AUTHORITY (FL)</name>
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        <title>FL HILTRN 5.5 10/01/2049</title>
        <cusip>432308W91</cusip>
        <identifiers>
          <isin value="US432308W915"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>790830.15000000</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>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW MEMPHIS ARENA PUBLIC BUILDING AUTHORITY OF MEMPHIS AND SHELBY COUNTY (TN)</name>
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        <cusip>64542UFR0</cusip>
        <identifiers>
          <isin value="US64542UFR05"/>
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        <balance>540977.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249044.82000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>AZ AZSDEV 5.5 07/01/2031</title>
        <cusip>040523AK8</cusip>
        <identifiers>
          <isin value="US040523AK83"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2350.00000000</valUSD>
        <pctVal>0.001824917019</pctVal>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS EDL FING AUTH</name>
        <lei>5493007K5OP7V6CL0Y88</lei>
        <title>MA MASEDU 3 07/01/2051</title>
        <cusip>57563RSK6</cusip>
        <identifiers>
          <isin value="US57563RSK67"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>652330.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GRAMERCY FARMS CMNTY DEV DIST FLA</name>
        <lei>N/A</lei>
        <title>FL GRADEV 6.75 05/01/2039</title>
        <cusip>384873AE5</cusip>
        <identifiers>
          <isin value="US384873AE55"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19021.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANTA FE SPRINGS CALIF PUB FING AUTH</name>
        <lei>N/A</lei>
        <title>CA SFSGEN 5.25 06/01/2045</title>
        <cusip>80218FAV8</cusip>
        <identifiers>
          <isin value="US80218FAV85"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297442.26000000</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>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MECKLENBURG CNTY N C</name>
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        <title>NC MECMFH 5.38 01/01/2036</title>
        <cusip>58400RAD6</cusip>
        <identifiers>
          <isin value="US58400RAD61"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>405871.64000000</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>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>WISCONSIN ST HEALTH &amp; EDL FACS AUTH</name>
        <lei>N/A</lei>
        <title>WI WISMED 5.5 06/01/2061</title>
        <cusip>97712JSC8</cusip>
        <identifiers>
          <isin value="US97712JSC89"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>494490.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)</name>
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        <title>AZ AZSDEV 6 07/01/2051</title>
        <cusip>040523AL6</cusip>
        <identifiers>
          <isin value="US040523AL66"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4700.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2050</title>
        <cusip>74445QCD0</cusip>
        <identifiers>
          <isin value="US74445QCD07"/>
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        <balance>15822.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>96.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA HSG FIN CORP</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>FL FLSHSG 2.75 07/01/2050</title>
        <cusip>34074MUK5</cusip>
        <identifiers>
          <isin value="US34074MUK51"/>
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        <balance>705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499001.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORP (NY)</name>
        <lei>N/A</lei>
        <title>NY NYTTRN 5.5 06/30/2060</title>
        <cusip>650116HQ2</cusip>
        <identifiers>
          <isin value="US650116HQ22"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500763.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CLIFTON HIGHER EDUCATION FINANCE CORP (TX)</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>257500.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAR1</cusip>
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          <isin value="US74445QAR11"/>
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        <balance>453.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS</name>
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        <cusip>882750QP0</cusip>
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          <isin value="US882750QP06"/>
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        <balance>985000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>MOUNTAIN HOME ARK</name>
        <lei>N/A</lei>
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        <cusip>624076AM7</cusip>
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          <isin value="US624076AM75"/>
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        <curCd>USD</curCd>
        <valUSD>289070.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>GRANDE PINES CMNTY DEV DIST FLA</name>
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        <cusip>38656NAD8</cusip>
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          <isin value="US38656NAD84"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>271140.09000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ARLINGTON HIGHER EDUCATION FINANCE CORP (TX)</name>
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        <title>TX ARLEDU 2.38 08/15/2051</title>
        <cusip>0418064T4</cusip>
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          <isin value="US0418064T44"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>460167.30000000</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>2051-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>REUNION MET DIST COLO</name>
        <lei>N/A</lei>
        <title>CO REUFAC 3.62 12/01/2044</title>
        <cusip>76133UAA1</cusip>
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          <isin value="US76133UAA16"/>
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        <balance>547259.42600000</balance>
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        <curCd>USD</curCd>
        <valUSD>408630.46000000</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>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>NH NFAGEN 5.88 12/01/2032</title>
        <cusip>63608TBB5</cusip>
        <identifiers>
          <isin value="US63608TBB52"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250153.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CLIFTON TEX HIGHER ED FIN CORP</name>
        <lei>N/A</lei>
        <title>TX CLIEDU 6 08/15/2050</title>
        <cusip>187145XQ5</cusip>
        <identifiers>
          <isin value="US187145XQ53"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>490561.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>LAKES OF SARASOTA CMNTY DEV DIST FLA</name>
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        <cusip>51206YAK6</cusip>
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          <isin value="US51206YAK64"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200670.32000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>COLUMBUS REGIONAL AIRPORT AUTHORITY (OH)</name>
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        <balance>725000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>MICHIGAN FIN AUTH</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>MI MISFIN 3 12/01/2031</title>
        <cusip>594479GW1</cusip>
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        <balance>300000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>DALLAS TEX</name>
        <lei>N/A</lei>
        <title>TX DAL 08/15/2053</title>
        <cusip>235380AB8</cusip>
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          <isin value="US235380AB82"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250288.23000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>GEORGIA ST HSG &amp; FIN AUTH</name>
        <lei>549300I628IMF9PWV724</lei>
        <title>GA GASHSG 5.05 12/01/2045</title>
        <cusip>37353PRH4</cusip>
        <identifiers>
          <isin value="US37353PRH46"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1017194.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
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          <annualizedRt>5.05000000</annualizedRt>
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        <name>CHICAGO O'HARE INTERNATIONAL AIRPORT (IL)</name>
        <lei>N/A</lei>
        <title>IL CHITRN 5.25 01/01/2048</title>
        <cusip>1675934R0</cusip>
        <identifiers>
          <isin value="US1675934R06"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>507812.90000000</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>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2059</title>
        <cusip>74445QAW0</cusip>
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          <isin value="US74445QAW06"/>
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        <balance>456.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>NEVADA HSG DIV</name>
        <lei>549300RE377OK3CTT852</lei>
        <title>NV NVSSFH 2.45 10/01/2051</title>
        <cusip>641279PP3</cusip>
        <identifiers>
          <isin value="US641279PP33"/>
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        <balance>495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>326915.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>IN INSFIN 5.38 05/01/2050</title>
        <cusip>45506ENH2</cusip>
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          <isin value="US45506ENH26"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QCV0</cusip>
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          <isin value="US74445QCV05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2066-01-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTH CAROLINA ST HSG FIN &amp; DEV AUTH</name>
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        <cusip>83712D8T6</cusip>
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          <isin value="US83712D8T61"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002592.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-01</maturityDt>
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      <invstOrSec>
        <name>FLORIDA ST MUN LN COUNCIL</name>
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        <cusip>34281UAB8</cusip>
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          <isin value="US34281UAB89"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
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      <invstOrSec>
        <name>BLACKROCK MUNIHOLDINGS FD INC</name>
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        <cusip>09253N104</cusip>
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          <isin value="US09253N1046"/>
          <ticker value="MHD"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK N Y CITY HSG DEV CORP</name>
        <lei>549300SQWVHKBRF8D702</lei>
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        <cusip>64972CA29</cusip>
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          <isin value="US64972CA298"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295877.52000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
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          <annualizedRt>4.05000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2047</title>
        <cusip>74445QAJ9</cusip>
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          <isin value="US74445QAJ94"/>
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        <balance>447.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2.77000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-01-01</maturityDt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAL4</cusip>
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          <isin value="US74445QAL41"/>
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        <balance>384.00000000</balance>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>HAMILTON CNTY OHIO</name>
        <lei>549300TO1E3N4E4YIO28</lei>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>507721.40000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CAPITAL AREA FIN AUTH</name>
        <lei>N/A</lei>
        <title>LA EASSFH 5.5 10/01/2053</title>
        <cusip>13973GBH2</cusip>
        <identifiers>
          <isin value="US13973GBH20"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>511725.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>EAST NASSAU STEWARDSHIP DISTRICT (FL)</name>
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        <cusip>273794AP2</cusip>
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          <isin value="US273794AP20"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS</name>
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        <cusip>882750TZ5</cusip>
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          <isin value="US882750TZ50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2060</title>
        <cusip>74445QAX8</cusip>
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          <isin value="US74445QAX88"/>
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        <balance>447.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>NEW HOPE CULTURAL ED FACS FIN CORP</name>
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        <balance>460000.00000000</balance>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBGEN 6.25 11/01/2028</title>
        <cusip>74442PDC6</cusip>
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          <isin value="US74442PDC68"/>
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        <balance>750000.00000000</balance>
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        <valUSD>262500.00000000</valUSD>
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          <maturityDt>2028-11-01</maturityDt>
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        <name>TENNESSEE HSG DEV AGY</name>
        <lei>25490004PSQYQLFJGI76</lei>
        <title>TN TNSHSG 5.35 07/01/2048</title>
        <cusip>88046KGU4</cusip>
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          <isin value="US88046KGU43"/>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2056</title>
        <cusip>74445QCK4</cusip>
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          <isin value="US74445QCK40"/>
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        <balance>16404.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-01-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>INVESCO VAN KAMPEN PA VALUE MUN INCOME TR</name>
        <lei>549300S5KHBL3XISY922</lei>
        <title>INVESCO VAN KAMPEN PA VALUE MUN INCOME TR COM</title>
        <cusip>46132K109</cusip>
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          <isin value="US46132K1097"/>
          <ticker value="VPV"/>
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        <balance>3459.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA FIN AUTH</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IA IASEDU 5.5 07/01/2056</title>
        <cusip>462463AD2</cusip>
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          <isin value="US462463AD23"/>
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        <curCd>USD</curCd>
        <valUSD>973861.60000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-07-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>TX TXSSFH 5 01/01/2049</title>
        <cusip>882750XV9</cusip>
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          <isin value="US882750XV90"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>507058.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2057</title>
        <cusip>74445QCL2</cusip>
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          <isin value="US74445QCL23"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>IL ILSGEN 5 01/01/2044</title>
        <cusip>45204EM96</cusip>
        <identifiers>
          <isin value="US45204EM960"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1040512.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH TRANSIT AUTHORITY (UT)</name>
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        <cusip>91754TN25</cusip>
        <identifiers>
          <isin value="US91754TN252"/>
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        <balance>495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>457079.83000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2058</title>
        <cusip>74445QCM0</cusip>
        <identifiers>
          <isin value="US74445QCM06"/>
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        <balance>16055.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>MISSOURI ST HSG DEV COMMN</name>
        <lei>5493007FBL7WCV3NKY25</lei>
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        <cusip>60637BE97</cusip>
        <identifiers>
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        <balance>350000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>TROUT CREEK COMMUNITY DEVELOPMENT DISTRICT</name>
        <lei>N/A</lei>
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        <cusip>897188AF5</cusip>
        <identifiers>
          <isin value="US897188AF55"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KANSAS CITY MO</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>MO KANDEV 5 11/15/2046</title>
        <cusip>48504LAD5</cusip>
        <identifiers>
          <isin value="US48504LAD55"/>
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        <balance>192413.22545000</balance>
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        <curCd>USD</curCd>
        <valUSD>1.92000000</valUSD>
        <pctVal>0.000001490996</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FULTON CNTY GA DEV AUTH</name>
        <lei>549300533NJL38F4K144</lei>
        <title>GA FULDEV 5 03/15/2044</title>
        <cusip>36005FBW4</cusip>
        <identifiers>
          <isin value="US36005FBW41"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>510302.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW RIVER COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
        <lei>N/A</lei>
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          <isin value="US648466AB67"/>
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        <balance>230000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2013-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2053</title>
        <cusip>74445QCG3</cusip>
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          <isin value="US74445QCG38"/>
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        <balance>16985.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IDAHO HEALTH FACS AUTH</name>
        <lei>549300X43KY1C2WW0J97</lei>
        <title>ID IDSMED 4.5 10/01/2050</title>
        <cusip>451295A82</cusip>
        <identifiers>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>ILLINOIS FIN AUTH</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>IL ILSGEN 5.5 04/01/2051</title>
        <cusip>45204FW84</cusip>
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          <isin value="US45204FW842"/>
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        <balance>750000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>IOWA FIN AUTH</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IA IASGEN 4 05/15/2053</title>
        <cusip>46247SBN3</cusip>
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          <isin value="US46247SBN36"/>
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        <balance>500000.00000000</balance>
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          <maturityDt>2053-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>JOPLIN INDUSTRIAL DEVELOPMENT AUTHORITY (MO)</name>
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          <isin value="US48068CAA99"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>TX TXSSFH 5.12 01/01/2054</title>
        <cusip>882750ZX3</cusip>
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        <balance>1500000.00000000</balance>
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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>2054-01-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>TX TXSSFH 5.25 09/01/2053</title>
        <cusip>88275FWY1</cusip>
        <identifiers>
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        <balance>1000000.00000000</balance>
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        <valUSD>1009257.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <name>HEMPSTEAD TOWN LOCAL DEVELOPMENT CORP (NY)</name>
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        <valUSD>350094.85000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>DWS MUNICIPAL INCOME TRUST</name>
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          <isin value="US2333681094"/>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>HOUSTON TEX</name>
        <lei>549300C64URYS0WQQY42</lei>
        <title>TX HOUAPT 5.25 07/01/2048</title>
        <cusip>442349GV2</cusip>
        <identifiers>
          <isin value="US442349GV27"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1030721.30000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74445QAQ3</cusip>
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          <isin value="US74445QAQ38"/>
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        <balance>469.00000000</balance>
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        <valUSD>2.83000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>CAPITAL AREA FIN AUTH</name>
        <lei>N/A</lei>
        <title>LA EASSFH 5 10/01/2050</title>
        <cusip>13973GDJ6</cusip>
        <identifiers>
          <isin value="US13973GDJ67"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
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        <cusip>63608TAY6</cusip>
        <identifiers>
          <isin value="US63608TAY64"/>
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        <balance>250000.00000000</balance>
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        <valUSD>250112.58000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2061</title>
        <cusip>74445QCQ1</cusip>
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          <isin value="US74445QCQ10"/>
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        <balance>15589.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-01-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP N Y</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>NY BUIGEN 5.5 07/01/2055</title>
        <cusip>12008QAG4</cusip>
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          <isin value="US12008QAG47"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>NORTH RIV RANCH IMPT STEWARDSHIP DIST FLA</name>
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          <isin value="US66200PAN33"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KING CNTY WASH HSG AUTH</name>
        <lei>549300TZU8KSWALVD392</lei>
        <title>WA KINHSG 5.38 07/01/2045</title>
        <cusip>494759TB9</cusip>
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        <balance>250000.00000000</balance>
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        <valUSD>261209.33000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>LAS VEGAS NEV SPL IMPT DIST NO 817</name>
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        <name>MARSHALL CREEK COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>LAKEWOOD RANCH STEWARDSHIP DIST FLA</name>
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        <name>TEXAS STATE AFFORDABLE HOUSING CORP (TX)</name>
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        <name>COLORADO EDL &amp; CULTURAL FACS AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.60000000</annualizedRt>
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        <name>VILLAGE CMNTY DEV DIST NO 16 FLA</name>
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        <title>FL VILGEN 5.12 05/01/2056</title>
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          <isin value="US92708MAE30"/>
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        <balance>500000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MICHIGAN ST HSG DEV AUTH</name>
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        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT (FL)</name>
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        <name>LT RANCH COMMUNITY DEVELOPMENT DISTRICT (FL)</name>
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        <name>PUBLIC FIN AUTH WIS</name>
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        <name>CAPITAL PROJECTS FINANCE AUTHORITY (FL)</name>
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        <name>ENTRADA CMNTY DEV DIST FLA</name>
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        <name>HYDE PK CMNTY DEV DIST 1 FLA</name>
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          <maturityDt>2051-07-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>ALABAMA HSG FIN AUTH</name>
        <lei>549300VFN7EHPOFS7D76</lei>
        <title>AL ALSSFM 5.05 10/01/2045</title>
        <cusip>01030RPV8</cusip>
        <identifiers>
          <isin value="US01030RPV86"/>
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        <curCd>USD</curCd>
        <valUSD>508545.25000000</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>2045-10-01</maturityDt>
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          <annualizedRt>5.05000000</annualizedRt>
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      <invstOrSec>
        <name>MISSOURI ST HSG DEV COMMN</name>
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        <cusip>60637GMF3</cusip>
        <identifiers>
          <isin value="US60637GMF36"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1008141.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-11-01</maturityDt>
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          <annualizedRt>5.05000000</annualizedRt>
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      <invstOrSec>
        <name>STAMFORD CONN HSG AUTH</name>
        <lei>N/A</lei>
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        <cusip>852640AK7</cusip>
        <identifiers>
          <isin value="US852640AK71"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>759511.05000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH N H</name>
        <lei>N/A</lei>
        <title>NH NFAGEN 0 12/15/2034</title>
        <cusip>63608TBG4</cusip>
        <identifiers>
          <isin value="US63608TBG40"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>282350.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST DEPT HSG &amp; CMNTY AFFAIRS</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>TX TXSSFH 5 01/01/2050</title>
        <cusip>882750C91</cusip>
        <identifiers>
          <isin value="US882750C915"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1008024.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAGINAW MICH HOSP FIN AUTH</name>
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        <cusip>786744JQ6</cusip>
        <identifiers>
          <isin value="US786744JQ63"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1033452.00000000</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>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>NORTH DAKOTA ST HSG FIN AGY</name>
        <lei>549300DVQAGW0B16JX70</lei>
        <title>ND NDSHSG 2.5 07/01/2044</title>
        <cusip>658909ZQ2</cusip>
        <identifiers>
          <isin value="US658909ZQ24"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>680409.47000000</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>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>INVESCO QUALITY MUN INCOME TR</name>
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        <title>INVESCO QUALITY MUN INCOME TR COM</title>
        <cusip>46133G107</cusip>
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          <isin value="US46133G1076"/>
          <ticker value="IQI"/>
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        <balance>78114.00000000</balance>
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        <valUSD>751456.68000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBGEN 6.12 01/01/2033</title>
        <cusip>74442PJT3</cusip>
        <identifiers>
          <isin value="US74442PJT30"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2051</title>
        <cusip>74445QCE8</cusip>
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          <isin value="US74445QCE89"/>
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        <balance>17334.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>105.41000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN DEVELOPMENT AND HOUSING AGENCY (TN)</name>
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        <title>TN NSHHSG 5.12 06/01/2036</title>
        <cusip>591874AB8</cusip>
        <identifiers>
          <isin value="US591874AB81"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303550.56000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <name>SHELBY COUNTY HEALTH EDUCATIONAL &amp; HOUSING FACILITY BOARD (TN)</name>
        <lei>N/A</lei>
        <title>TN SHEMED 6 01/01/2029</title>
        <cusip>821697SY6</cusip>
        <identifiers>
          <isin value="US821697SY64"/>
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        <balance>1630000.00000000</balance>
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        <valUSD>16.30000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY (FL)</name>
        <lei>N/A</lei>
        <title>FL PALMED 4 05/15/2053</title>
        <cusip>696507US9</cusip>
        <identifiers>
          <isin value="US696507US98"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>388246.05000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2057</title>
        <cusip>74445QAU4</cusip>
        <identifiers>
          <isin value="US74445QAU40"/>
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        <balance>481.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2.86000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>BLACKROCK MUNIYIELD QUALITY FD III INC</name>
        <lei>UB5J2GS6Q51M6A2L8886</lei>
        <title>BLACKROCK MUNIYIELD QUALITY FD III INC COM</title>
        <cusip>09254E103</cusip>
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          <isin value="US09254E1038"/>
          <ticker value="MYI"/>
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        <curCd>USD</curCd>
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        <name>GREATER ORLANDO AVIATION AUTH ORLANDO FLA</name>
        <lei>549300CP6PUG5S184F61</lei>
        <title>FL GREAPT 5 10/01/2049</title>
        <cusip>3922742G0</cusip>
        <identifiers>
          <isin value="US3922742G05"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500076.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBGEN 6 11/15/2045</title>
        <cusip>74442PS97</cusip>
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          <isin value="US74442PS971"/>
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        <balance>500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>TRACY UNIFIED SCHOOL DISTRICT (CA)</name>
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        <title>CA TRASCD 0 08/01/2041</title>
        <cusip>892392DX6</cusip>
        <identifiers>
          <isin value="US892392DX61"/>
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        <balance>600000.00000000</balance>
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        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IOWA FIN AUTH</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IA IASGEN 4 05/15/2055</title>
        <cusip>46246K6Y3</cusip>
        <identifiers>
          <isin value="US46246K6Y33"/>
        </identifiers>
        <balance>530000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>406349.89000000</valUSD>
        <pctVal>0.315555246855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WIS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>WI PUBFIN 0 01/01/2061</title>
        <cusip>74445QAY6</cusip>
        <identifiers>
          <isin value="US74445QAY61"/>
        </identifiers>
        <balance>440.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2.58000000</valUSD>
        <pctVal>0.000002003525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALABAMA HSG FIN AUTH</name>
        <lei>549300VFN7EHPOFS7D76</lei>
        <title>AL ALSSFM 4.88 10/01/2055</title>
        <cusip>01030RNT5</cusip>
        <identifiers>
          <isin value="US01030RNT58"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>493070.55000000</valUSD>
        <pctVal>0.382899080205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>2026-05-21</ncom:dateSigned>
      <ncom:nameOfApplicant>SIT MUTUAL FUNDS II INC</ncom:nameOfApplicant>
      <ncom:signature>Paul Rasmussen</ncom:signature>
      <ncom:signerName>Paul Rasmussen</ncom:signerName>
      <ncom:title>VP, Treasurer &amp; Chief Compliance Officer </ncom:title>
    </signature>
  </formData>
</edgarSubmission>
