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      <invstOrSec>
        <name>WHITE LAKE TWP MI</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FARGO ND</name>
        <lei>N/A</lei>
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          <isin value="US30747NPG33"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>LANCASTER PA SCH DIST</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TEXAS ST MUNI GAS ACQUISITION&amp;</name>
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          <isin value="US88256HBC16"/>
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        <curCd>USD</curCd>
        <valUSD>618937.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>DREYFUS GOVERNMENT CASH MANAGEMENT</name>
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          <isin value="US2620062081"/>
          <ticker value="DGCXX"/>
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        <assetCat>STIV</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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        <name>CHESTERFIELD CNTY VA</name>
        <lei>N/A</lei>
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          <isin value="US166394DU79"/>
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        <curCd>USD</curCd>
        <valUSD>1935044.56000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
        <cusip>93974DY51</cusip>
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          <isin value="US93974DY511"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ALASKA ST MUNI BOND BANK AUTH</name>
        <lei>N/A</lei>
        <title>Alaska Municipal Bond Bank Authority</title>
        <cusip>01179RE90</cusip>
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          <isin value="US01179RE908"/>
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        <curCd>USD</curCd>
        <valUSD>954976.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
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          <isin value="US452252NX38"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1625710.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>DIST OF COLUMBIA</name>
        <lei>549300HWFOZXPKGOX654</lei>
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        <valUSD>2104545.14000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LE MARS IA CMNTY SCH DIST</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AUTAUGA CNTY AL</name>
        <lei>N/A</lei>
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          <isin value="US052645EZ72"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64990FD503"/>
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          <maturityDt>2026-03-15</maturityDt>
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        <name>CLARKSVILLE TN ELEC SYS REVENU</name>
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        <name>N TEXAS ST MUNI WTR DIST WTR S</name>
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          <isin value="US662903C353"/>
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        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ALASKA ST MUNI BOND BANK AUTH</name>
        <lei>N/A</lei>
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          <isin value="US01179R5P44"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST PROPERTY &amp; BLDGS C</name>
        <lei>N/A</lei>
        <title>Kentucky State Property &amp; Building Commission</title>
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          <isin value="US49151F3U21"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HONOLULU CITY &amp; CNTY HI</name>
        <lei>N/A</lei>
        <title>City &amp; County of Honolulu HI</title>
        <cusip>438687TX3</cusip>
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          <isin value="US438687TX36"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2075305.48000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WHITE LAKE TWP MI</name>
        <lei>N/A</lei>
        <title>Charter Township of White Lake MI</title>
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          <isin value="US964009FU31"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>566784.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DORCHESTER CNTY SC SCH DIST #2</name>
        <lei>549300NRXH6F8FYXXH15</lei>
        <title>Dorchester County School District No 2</title>
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          <isin value="US258165WB14"/>
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        <curCd>USD</curCd>
        <valUSD>1536121.98000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>91282CJT9</cusip>
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          <isin value="US91282CJT99"/>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>DIST OF COLUMBIA INCOME TAX SE</name>
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          <isin value="US25477GUU74"/>
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        <balance>1895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1982708.81000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH BEND IN SEWAGE WKS REVEN</name>
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          <isin value="US836615KN39"/>
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        <curCd>USD</curCd>
        <valUSD>1074209.61000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709224N398"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>922566.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>YORKVILLE IL UNITED CITY</name>
        <lei>N/A</lei>
        <title>United City of Yorkville IL</title>
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          <isin value="US987355NV23"/>
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        <valUSD>248123.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-30</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>WASHINGTON ST</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>YORKVILLE IL UNITED CITY</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-12-30</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>KNOX CNTY TN</name>
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        <title>County of Knox TN</title>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
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          <isin value="US91282CGH88"/>
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        <invCountry>US</invCountry>
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        <name>SEATTLE WA MUNI LIGHT &amp; PWR RE</name>
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        <name>NEBRASKA ST PUBLIC PWR DIST RE</name>
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        <title>Nebraska Public Power District</title>
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        <invCountry>US</invCountry>
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        <name>NEW YORK ST THRUWAY AUTH GEN R</name>
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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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        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>TAMPA-HILLSBOROUGH CNTY FL EXP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>HAMILTON CNTY OH</name>
        <lei>549300TO1E3N4E4YIO28</lei>
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          <isin value="US40727GCR11"/>
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        <curCd>USD</curCd>
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          <maturityDt>2037-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>OHIO ST WTR DEV AUTH REVENUE</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>Ohio Water Development Authority</title>
        <cusip>67765QHJ8</cusip>
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          <isin value="US67765QHJ85"/>
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          <maturityDt>2036-12-01</maturityDt>
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        <name>FOND DU LAC WI</name>
        <lei>N/A</lei>
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          <isin value="US344461NR57"/>
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          <maturityDt>2031-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CLARK CNTY NV</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ORLANDO FL UTILITIES COMMISSIO</name>
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        <name>JEFFERSON CNTY KY SCH DIST</name>
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          <maturityDt>2036-06-01</maturityDt>
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        <name>HAWAII ST</name>
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        <name>COLUMBIA MO SCH DIST</name>
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          <isin value="US198037CS05"/>
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        <name>DES MOINES IA STORMWTR MGMT UT</name>
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        <name>JEA FL ELEC SYS REVENUE</name>
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          <isin value="US46613SQR49"/>
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        <name>SALT LAKE CITY UT</name>
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          <maturityDt>2026-06-15</maturityDt>
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        <name>INDIANA ST MUNI PWR AGY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MAINE ST TURNPIKE AUTH</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MASSACHUSETTS ST</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SAN ANTONIO TX WTR REVENUE</name>
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        <title>San Antonio Water System</title>
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          <isin value="US79642GAP72"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>WASHINGTON ST</name>
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        <title>State of Washington</title>
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        <curCd>USD</curCd>
        <valUSD>3986723.61000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KENTON CNTY KY SCH DIST</name>
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        <title>Kenton County School District</title>
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          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION&amp;</name>
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          <maturityDt>2028-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>IRVING TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>SHELBY CNTY TN</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-04-01</maturityDt>
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        <name>FORT ZUMWALT MO SCH DIST</name>
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        <name>TAMPA FL WTR &amp; WSTWTR SYS REVE</name>
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          <maturityDt>2034-10-01</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <maturityDt>2026-08-01</maturityDt>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION&amp;</name>
        <lei>0UDITKOYW0YKG3BBP242</lei>
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        <cusip>88256HBB3</cusip>
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          <isin value="US88256HBB33"/>
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        <name>YORKVILLE IL UNITED CITY</name>
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        <name>PINAL CNTY AZ UNIF SCH DIST #2</name>
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        <name>ALASKA ST MUNI BOND BANK AUTH</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CHATTANOOGA TN ELEC REVENUE</name>
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      <invstOrSec>
        <name>E-470 CO PUBLIC HIGHWAY AUTH</name>
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      <invstOrSec>
        <name>OHIO ST WTR DEV AUTH REVENUE</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CLAYTON MO</name>
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        <curCd>USD</curCd>
        <valUSD>528168.48000000</valUSD>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>APPLETON WI AREA SCH DIST</name>
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          <isin value="US038106SS01"/>
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        <curCd>USD</curCd>
        <valUSD>1349402.88000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MTGE CORP MU</name>
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        <title>Freddie Mac Multifamily ML Certificates</title>
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          <isin value="US3137HB2V56"/>
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        <curCd>USD</curCd>
        <valUSD>2151080.71000000</valUSD>
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          <maturityDt>2036-12-25</maturityDt>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709224MY28"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MECKLENBURG CNTY NC</name>
        <lei>5493006G3IC5PBHB7A65</lei>
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          <isin value="US584002VL01"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>MAINE ST MUNI BOND BANK</name>
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          <isin value="US56045RY291"/>
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        <balance>675000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>707001.89000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PINAL CNTY AZ UNIF SCH DIST #2</name>
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        <name>KENTUCKY ST MUNI ENERGY AGY PW</name>
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        <name>PINAL CNTY AZ UNIF SCH DIST #2</name>
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        <name>ELGIN IL</name>
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          <maturityDt>2036-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DIST OF COLUMBIA WTR &amp; SWR AUT</name>
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          <maturityDt>2047-10-01</maturityDt>
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        <name>MINNESOTA ST</name>
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          <isin value="US60412APL16"/>
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        <name>INDIANA ST MUNI PWR AGY</name>
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        <name>LAKE IN HILLS IL</name>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>PHILADELPHIA PA GAS WKS REVENU</name>
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        <lei>N/A</lei>
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          <maturityDt>2033-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DENVER CO CITY &amp; CNTY WSTWTR M</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>GEORGIA ST</name>
        <lei>N/A</lei>
        <title>State of Georgia</title>
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          <isin value="US373385HR73"/>
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        <valUSD>3320552.90000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DALLAS TX WTRWKS &amp; SWR SYS REV</name>
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          <isin value="US23542JRN71"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK NY</name>
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        <curCd>USD</curCd>
        <valUSD>121052.55000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CAMERON WI SCH DIST</name>
        <lei>N/A</lei>
        <title>Cameron School District/WI</title>
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          <isin value="US133650GH80"/>
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        <valUSD>994447.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>YORKVILLE IL UNITED CITY</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>US TREASURY N/B</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SULLIVAN CNTY TN</name>
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        <name>ILLINOIS ST MUNI ELEC AGY PWR</name>
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        <name>iShares National Muni Bond ETF</name>
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        <name>CENTRL FL EXPRESSWAY AUTH SR L</name>
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        <name>ALASKA ST MUNI BOND BANK AUTH</name>
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        <name>DIST OF COLUMBIA</name>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <title>Indianapolis Local Public Improvement Bond Bank</title>
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        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>EAU CLAIRE WI AREA SCH DIST</name>
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        <name>JUDSON TX INDEP SCH DIST</name>
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        <invCountry>US</invCountry>
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        <name>ROCK ISLAND CNTY IL SCH DIST #</name>
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        <name>CHARLESTON SC WTRWKS &amp; SWR REV</name>
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        <name>HONOLULU CITY &amp; CNTY HI</name>
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          <maturityDt>2027-02-15</maturityDt>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <name>OMAHA NE PUBLIC PWR DIST ELEC</name>
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    <signature>
      <ncom:dateSigned>2025-08-25</ncom:dateSigned>
      <ncom:nameOfApplicant>Manning &amp; Napier Fund, Inc.</ncom:nameOfApplicant>
      <ncom:signature>Jill Peeper</ncom:signature>
      <ncom:signerName>Jill Peeper</ncom:signerName>
      <ncom:title>Principal Financial Officer and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
