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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
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          <isin value="US745190ZS09"/>
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        <curCd>USD</curCd>
        <valUSD>5169002.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Wayne County Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US944514ZY74"/>
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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>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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          <isin value="US73358W3J13"/>
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        <balance>920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>996461.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
        <lei>E3GSVR6ZOU1MX2V7HF33</lei>
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        <cusip>786005YJ1</cusip>
        <identifiers>
          <isin value="US786005YJ18"/>
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        <balance>835000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>879597.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
        <lei>N/A</lei>
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          <isin value="US688031FJ74"/>
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        <balance>715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218561.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45203KAP03"/>
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        <curCd>USD</curCd>
        <valUSD>1049148.80000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2047-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Dakota Housing Finance Agency</name>
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          <isin value="US658909FV39"/>
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        <balance>485000.00000000</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>2034-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
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          <isin value="US74526QAR39"/>
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        <curCd>USD</curCd>
        <valUSD>222390.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>State of Mississippi</name>
        <lei>549300JRWW5RFQUB7P94</lei>
        <title>State of Mississippi</title>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>703076.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>N/A</lei>
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        <balance>293000.00000000</balance>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US91754TSB07"/>
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        <balance>3495000.00000000</balance>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Michigan Finance Authority</name>
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          <maturityDt>2024-10-01</maturityDt>
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        <name>State of Illinois</name>
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          <maturityDt>2020-12-01</maturityDt>
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        <name>Lakewood Ranch Stewardship District</name>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
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          <maturityDt>2039-01-01</maturityDt>
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      <invstOrSec>
        <name>Railsplitter Tobacco Settlement Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-06-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Maricopa County Industrial Development Authority</name>
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      <invstOrSec>
        <name>Downriver Utility Wastewater Authority</name>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
        <lei>N/A</lei>
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        <name>Washington Health Care Facilities Authority</name>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Massachusetts Port Authority</name>
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          <isin value="US575896TL93"/>
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        <name>Chicago Board of Education</name>
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          <maturityDt>2033-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Norman Regional Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <name>City of San Antonio TX Airport System</name>
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        <name>New Mexico Mortgage Finance Authority</name>
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        <name>Massachusetts Educational Financing Authority</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US04052BEU44"/>
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        <name>Northern Hospital District of Surry County</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Providence RI</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>Washington Clackamas &amp; Yamhill Counties School District No. 88J</name>
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        <name>Indiana Finance Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Northern Illinois University</name>
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        <name>Dallas-Fort Worth International Airport</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>East Hempfield Township Industrial Development Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Armstrong School District</name>
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      <invstOrSec>
        <name>City of Reno NV</name>
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        <name>Arizona Industrial Development Authority</name>
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          <maturityDt>2047-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Chicago Board of Education</name>
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          <maturityDt>2028-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>California School Finance Authority</name>
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          <isin value="US13059TBU25"/>
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          <maturityDt>2045-07-01</maturityDt>
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          <maturityDt>2035-12-31</maturityDt>
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        <name>Escambia County Health Facilities Authority</name>
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          <maturityDt>2050-08-15</maturityDt>
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        <name>Utah Charter School Finance Authority</name>
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        <name>Central Plains Energy Project</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Texas Public Finance Authority</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>New York Liberty Development Corp.</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Illinois Sports Facilities Authority (The)</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Chicago Board of Education</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Eagle County School District No. Re50J</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>California Municipal Finance Authority</name>
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        <name>City of Austin TX Water &amp; Wastewater System Revenue</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>West Shore Area Authority</name>
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        <name>Michigan Finance Authority</name>
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        <name>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</name>
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        <name>Sumter County Industrial Development Authority FL</name>
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        <name>Puerto Rico Electric Power Authority</name>
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          <maturityDt>2023-01-01</maturityDt>
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        <name>University of Puerto Rico</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Armstrong School District</name>
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          <maturityDt>2041-03-15</maturityDt>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Maryland Economic Development Corp.</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>California Pollution Control Financing Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>City of Hutchinson KS</name>
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          <maturityDt>2052-11-01</maturityDt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>New Mexico Mortgage Finance Authority</name>
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          <isin value="US6472007V09"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <maturityDt>2057-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Coweta County Development Authority</name>
        <lei>N/A</lei>
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        <cusip>223658QF5</cusip>
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          <isin value="US223658QF57"/>
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          <maturityDt>2044-07-01</maturityDt>
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        <name>Collier County Educational Facilities Authority</name>
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          <isin value="US19463TAN63"/>
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        <name>California Statewide Communities Development Authority</name>
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        <name>State of California</name>
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          <maturityDt>2028-10-01</maturityDt>
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        <name>Chester County Industrial Development Authority</name>
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          <isin value="US165588DR23"/>
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          <maturityDt>2051-12-15</maturityDt>
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        <name>Katy Independent School District</name>
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        <name>California Pollution Control Financing Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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      <invstOrSec>
        <name>Charles City County Economic Development Authority</name>
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      <invstOrSec>
        <name>City of Baltimore MD</name>
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          <maturityDt>2037-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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          <maturityDt>2037-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Development Authority of The City of Marietta</name>
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          <isin value="US567656DZ35"/>
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          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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          <isin value="US19645RRC78"/>
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          <maturityDt>2037-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Chicago IL</name>
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          <maturityDt>2027-01-01</maturityDt>
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        <name>Collier County Industrial Development Authority</name>
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          <isin value="US194638AE21"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-15</maturityDt>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <cusip>592029AD4</cusip>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Selma Industrial Development Board</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>State of California</name>
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        <name>Alabama Special Care Facilities Financing Authority-Birmingham AL</name>
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      <invstOrSec>
        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Missouri Housing Development Commission</name>
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          <maturityDt>2049-05-01</maturityDt>
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        <name>New Orleans Aviation Board</name>
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          <isin value="US64763KAG31"/>
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          <maturityDt>2043-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chicago Board of Education</name>
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        <curCd>USD</curCd>
        <valUSD>208890.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York State Energy Research &amp; Development Authority</name>
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          <isin value="US649845GZ14"/>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Colorado Health Facilities Authority</name>
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          <maturityDt>2043-11-15</maturityDt>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>Harris County-Houston Sports Authority</name>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>Northern Illinois University</name>
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        <name>Northeast Ohio Regional Sewer District</name>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <maturityDt>2035-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kansas City Land Clearance Redevelopment Authority</name>
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          <maturityDt>2050-02-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <name>St Louis County Industrial Development Authority</name>
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        <name>New York Liberty Development Corp.</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Marshall Creek Community Development District</name>
        <lei>N/A</lei>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <name>Washington Health Care Facilities Authority</name>
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          <maturityDt>2037-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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          <isin value="US88033SJK15"/>
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        <name>State of Illinois</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Cumberland County Municipal Authority</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <name>City of Detroit MI Water Supply System Revenue</name>
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        <name>Peninsula Town Center Community Development Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Commonwealth Financing Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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      <invstOrSec>
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          <maturityDt>2049-07-01</maturityDt>
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      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
        <lei>549300DW2GVUIGE04396</lei>
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          <isin value="US605360TT30"/>
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        <curCd>USD</curCd>
        <valUSD>434847.00000000</valUSD>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74443UAZ66"/>
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        <curCd>USD</curCd>
        <valUSD>1030780.20000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-05-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
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          <isin value="US45528UD819"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5883950.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Rockville MD</name>
        <lei>N/A</lei>
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          <isin value="US774223BB64"/>
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        <curCd>USD</curCd>
        <valUSD>186269.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
        <lei>N/A</lei>
        <title>Austin Convention Enterprises, Inc.</title>
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          <isin value="US052409EA36"/>
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        <valUSD>494214.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>School District of Philadelphia (The)</name>
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          <isin value="US717883TP76"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tulsa Airports Improvement Trust</name>
        <lei>N/A</lei>
        <title>Tulsa Airports Improvement Trust</title>
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          <isin value="US899661EK49"/>
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        <balance>1440000.00000000</balance>
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        <valUSD>1410753.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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          <isin value="US745272CV44"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Vermont Student Assistance Corp.</name>
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          <maturityDt>2030-06-15</maturityDt>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
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          <maturityDt>2050-10-01</maturityDt>
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        <name>State of Illinois</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>West Virginia Hospital Finance Authority</name>
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        <name>Port Authority of New York &amp; New Jersey</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Indiana Finance Authority</name>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
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          <isin value="US79467BCS25"/>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>Americus &amp; Sumter County Hospital Authority</name>
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        <name>Public Finance Authority</name>
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        <name>School District of Philadelphia (The)</name>
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        <name>West Rankin Utility Authority</name>
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        <name>Public Finance Authority</name>
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        <name>County of Miami-Dade FL Aviation Revenue</name>
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        <name>Chicago Board of Education</name>
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      <invstOrSec>
        <name>Americus &amp; Sumter County Hospital Authority</name>
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        <name>Ohio Air Quality Development Authority</name>
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        <name>State of Mississippi</name>
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          <maturityDt>2033-12-01</maturityDt>
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        <name>Connecticut Housing Finance Authority</name>
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        <name>Berks County Industrial Development Authority</name>
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        <name>Tennessee Energy Acquisition Corp.</name>
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        <name>Public Finance Authority</name>
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        <name>Chicago Board of Education</name>
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          <maturityDt>2031-12-01</maturityDt>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>Piedmont Municipal Power Agency</name>
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        <name>St Louis County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Vermont Student Assistance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Community College Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US13012EW469"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US6461363L36"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US49127KBW99"/>
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        <curCd>USD</curCd>
        <valUSD>2050029.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Educational Enhancement Funding Corp.</name>
        <lei>N/A</lei>
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        <cusip>83754LAG2</cusip>
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          <isin value="US83754LAG23"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1100250.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State Public School Building Authority</name>
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          <isin value="US85732GUE87"/>
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        <curCd>USD</curCd>
        <valUSD>2381040.00000000</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>2030-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Massachusetts Water Resources Authority</name>
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        <balance>4215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5558278.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
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        <cusip>74526QR20</cusip>
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        <balance>345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>244087.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Southeastern Ohio Port Authority</name>
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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>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>University of South Alabama</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Virginia Small Business Financing Authority</name>
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        <balance>185000.00000000</balance>
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          <maturityDt>2048-01-01</maturityDt>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <invCountry>PR</invCountry>

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          <maturityDt>2021-03-01</maturityDt>
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        <name>Great Lakes Water Authority Sewage Disposal System Revenue</name>
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        <invCountry>US</invCountry>
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        <name>Michigan Finance Authority</name>
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        <name>County of Luzerne PA</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tennessee Energy Acquisition Corp.</name>
        <lei>549300OJ2Z8PGEY46K92</lei>
        <title>Tennessee Energy Acquisition Corp.</title>
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        <balance>1665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1750880.70000000</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>2022-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Raleigh Durham Airport Authority</name>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp.</name>
        <lei>N/A</lei>
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          <isin value="US38122NZV71"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Puerto Rico Infrastructure Financing Authority</name>
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          <maturityDt>2023-07-01</maturityDt>
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        <name>Pennsylvania Economic Development Financing Authority</name>
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        <name>Michigan Finance Authority</name>
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          <maturityDt>2050-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Valparaiso IN</name>
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        <name>Village of Romeoville IL</name>
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        <name>Harlingen Economic Development Corp.</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Public Finance Authority</name>
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        <name>Tulsa Airports Improvement Trust</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <invCountry>PR</invCountry>

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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Mississippi State University Educational Building Corp.</name>
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        <name>Jefferson Parish Hospital Service District No. 2</name>
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      <invstOrSec>
        <name>Kentucky Public Energy Authority</name>
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        <name>Washington Health Care Facilities Authority</name>
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          <maturityDt>2035-08-15</maturityDt>
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        <name>M-S-R Energy Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>Texas Transportation Commission</name>
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          <maturityDt>2040-08-01</maturityDt>
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        <name>Wayne County Airport Authority</name>
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        <name>Massachusetts Bay Transportation Authority</name>
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        <name>City of San Antonio TX Airport System</name>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>West Virginia Hospital Finance Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
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        <curCd>USD</curCd>
        <valUSD>4396323.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Raleigh Durham Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US751073MB03"/>
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        <curCd>USD</curCd>
        <valUSD>543598.65000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
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          <isin value="US745190UQ97"/>
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        <curCd>USD</curCd>
        <valUSD>17627076.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
        <lei>N/A</lei>
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          <isin value="US613603YP87"/>
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        <curCd>USD</curCd>
        <valUSD>3096686.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
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          <isin value="US74514LGL53"/>
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        <balance>3390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3675471.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <cusip>54628CEQ1</cusip>
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          <isin value="US54628CEQ15"/>
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        <curCd>USD</curCd>
        <valUSD>2962267.00000000</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>2048-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Lyon County Unified School District No. 253 Emporia</name>
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          <isin value="US551845GW49"/>
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        <valUSD>3330480.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southeastern Ohio Port Authority</name>
        <lei>N/A</lei>
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          <isin value="US841895AU90"/>
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        <balance>720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>787867.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QSY9</cusip>
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          <isin value="US74526QSY97"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35005.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>3963011.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Miami-Dade County Health Facilities Authority</name>
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          <isin value="US59334NED03"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2050-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Sparks NV</name>
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          <maturityDt>2024-06-15</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>County of Pinellas FL Sewer Revenue</name>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
        <lei>549300G1ONPUNRBJUC88</lei>
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        <invCountry>PR</invCountry>

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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>Public Finance Authority</name>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
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          <isin value="US594615GZ36"/>
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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>2049-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QX490"/>
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        <curCd>USD</curCd>
        <valUSD>1705812.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2018-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Luzerne PA</name>
        <lei>5493001Z1Y4QDISEER29</lei>
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          <isin value="US550697VX16"/>
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        <curCd>USD</curCd>
        <valUSD>792051.00000000</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>2024-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QLR10"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>362678.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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          <isin value="US605360SU12"/>
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        <balance>760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>844983.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Mobile AL</name>
        <lei>N/A</lei>
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        <balance>3130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3806737.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of San Antonio TX Airport System</name>
        <lei>N/A</lei>
        <title>City of San Antonio TX Airport System</title>
        <cusip>796242TQ8</cusip>
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          <isin value="US796242TQ83"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>501673.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
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        <cusip>70870FAG1</cusip>
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          <isin value="US70870FAG19"/>
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        <balance>2945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2998510.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990CPY11"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114653.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
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        <cusip>88034M8R0</cusip>
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          <isin value="US88034M8R01"/>
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        <curCd>USD</curCd>
        <valUSD>2267992.85000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.91500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of San Antonio TX Airport System</name>
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      <invstOrSec>
        <name>Philadelphia Gas Works Co.</name>
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        <title>Philadelphia Gas Works Co.</title>
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          <isin value="US7178238V36"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US13057EAK01"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2037-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
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          <isin value="US888808HH89"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-06-01</maturityDt>
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        <name>City of Atlantic City NJ</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Broward Hospital District</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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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <balance>455000.00000000</balance>
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        <valUSD>502861.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>Ohio Air Quality Development Authority</name>
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        <name>Massachusetts Educational Financing Authority</name>
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        <name>Park Creek Metropolitan District</name>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Development Finance Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gainesville &amp; Hall County Hospital Authority</name>
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        <name>County of Miami-Dade FL Water &amp; Sewer System Revenue</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Los Angeles Department of Airports</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Los Angeles County Regional Financing Authority</name>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>American Municipal Power, Inc.</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Doylestown Hospital Authority</name>
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        <name>Escondido Union High School District</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>Southeastern Ohio Port Authority</name>
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        <name>Texas Transportation Commission</name>
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        <name>Indiana Development Finance Authority</name>
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        <name>Wayne County Airport Authority</name>
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        <name>Western Illinois Economic Development Authority</name>
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          <isin value="US958365BA54"/>
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          <maturityDt>2032-12-01</maturityDt>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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        <name>Massachusetts Educational Financing Authority</name>
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        <name>New Orleans Aviation Board</name>
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        <name>Duluth Economic Development Authority</name>
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          <maturityDt>2048-02-15</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Educational Enhancement Funding Corp.</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Kentucky Economic Development Finance Authority</name>
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      <invstOrSec>
        <name>King County Public Hospital District No. 2</name>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Wyandotte County-Kansas City Unified Government</name>
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          <maturityDt>2040-06-01</maturityDt>
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        <name>Commonwealth Financing Authority</name>
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          <isin value="US20282EAP16"/>
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        <name>South Carolina Public Service Authority</name>
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        <name>Maine State Housing Authority</name>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
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        <name>Michigan Finance Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Michigan Finance Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sumter County Industrial Development Authority FL</name>
        <lei>N/A</lei>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Hammond Multi-School Building Corp.</name>
        <lei>N/A</lei>
        <title>Hammond Multi-School Building Corp.</title>
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          <isin value="US408395RZ65"/>
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          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Housing Finance Corp.</name>
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          <isin value="US34074MKZ31"/>
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        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
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          <isin value="US54639TCV26"/>
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        <balance>5365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6333865.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Red River Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Red River Education Finance Corp.</title>
        <cusip>756870BE0</cusip>
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          <isin value="US756870BE07"/>
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        <balance>4380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4759395.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Port Authority</name>
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          <isin value="US575896TM76"/>
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        <balance>7975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9619843.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
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          <isin value="US13080SSF29"/>
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        <balance>1065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1049621.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
        <title>Texas Transportation Commission</title>
        <cusip>88283NAH5</cusip>
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          <isin value="US88283NAH52"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148070.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</title>
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          <isin value="US745272FA79"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <isin value="US97712DX844"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Puerto Rico</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <maturityDt>2051-08-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>New York State Urban Development Corp.</name>
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          <isin value="US6500356T08"/>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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          <maturityDt>2046-07-01</maturityDt>
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        <name>TSASC, Inc. NY</name>
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        <title>TSASC, Inc.</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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          <annualizedRt>5.80000000</annualizedRt>
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        <name>City of Granite City IL</name>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
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        <name>Kentucky State Property &amp; Building Commission</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Southeastern Ohio Port Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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          <isin value="US13081CAC29"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Midtown Miami Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US59807PAF27"/>
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        <curCd>USD</curCd>
        <valUSD>235257.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Housing Development Authority</name>
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          <isin value="US45203LCV36"/>
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        <curCd>USD</curCd>
        <valUSD>2241997.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-10-01</maturityDt>
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          <annualizedRt>1.90000100</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Duluth Independent School District No. 709</name>
        <lei>N/A</lei>
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        <cusip>264474JJ7</cusip>
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          <isin value="US264474JJ74"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>285391.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88034NG57</cusip>
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          <isin value="US88034NG574"/>
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        <curCd>USD</curCd>
        <valUSD>4897179.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.91800100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Luzerne PA</name>
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          <isin value="US550697VW33"/>
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        <curCd>USD</curCd>
        <valUSD>755595.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Educational Financing Authority</name>
        <lei>5493007K5OP7V6CL0Y88</lei>
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          <isin value="US57563RJH30"/>
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        <balance>1255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1309241.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Washington Clackamas &amp; Yamhill Counties School District No. 88J</name>
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          <isin value="US937440EQ49"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City &amp; County of Denver CO</name>
        <lei>MMTY7HA2MSCBUO4F7J71</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
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        <balance>895000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Berks County Industrial Development Authority</name>
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          <maturityDt>2047-11-01</maturityDt>
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        <name>Peninsula Town Center Community Development Authority</name>
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          <maturityDt>2045-09-01</maturityDt>
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        <name>Tennessee Housing Development Agency</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>City of El Paso TX Water &amp; Sewer Revenue</name>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Colorado Housing &amp; Finance Authority</name>
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          <isin value="US1964795U98"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-11-01</maturityDt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <isin value="US45506DGU37"/>
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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>2044-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>West Virginia Hospital Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US956622T952"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>304220.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
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          <isin value="US67756DLX20"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3453360.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
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          <isin value="US74526QJ457"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>300687.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Coffeyville KS Electric System Revenue</name>
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          <isin value="US192288GP78"/>
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        <balance>3800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4336750.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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          <isin value="US71885FEH64"/>
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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>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rhode Island Student Loan Authority</name>
        <lei>N/A</lei>
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        <valUSD>1514385.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Nevada Department of Business &amp; Industry</name>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>Idaho Housing &amp; Finance Association</name>
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        <name>Pittsburgh Water &amp; Sewer Authority</name>
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        <name>New York State Environmental Facilities Corp.</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>University of North Alabama</name>
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        <title>University of North Alabama</title>
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        <assetCat>DBT</assetCat>
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        <name>Madison County Community Unit School District No. 7 Edwardsville</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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          <isin value="US88034NTZ77"/>
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          <maturityDt>2048-09-01</maturityDt>
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        <name>Collier County Industrial Development Authority</name>
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          <isin value="US194638AK80"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-06-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>State of Illinois</name>
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        <valUSD>5169100.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <maturityDt>2028-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Massachusetts State College Building Authority</name>
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        <name>North Carolina Medical Care Commission</name>
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        <name>Sterling Hill Community Development District</name>
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          <maturityDt>2020-11-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Port of Portland OR Airport Revenue</name>
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        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <name>Glynn-Brunswick Memorial Hospital Authority</name>
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        <name>New York Transportation Development Corp</name>
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        <name>Build NYC Resource Corp.</name>
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        <name>Martin County Health Facilities Authority</name>
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      <invstOrSec>
        <name>Maryland Economic Development Corp.</name>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Massachusetts Educational Financing Authority</name>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>4.70000000</annualizedRt>
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        <name>Louisiana Offshore Terminal Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.64999900</annualizedRt>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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          <isin value="US88033YTZ42"/>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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          <maturityDt>2024-07-01</maturityDt>
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        <name>University of Kansas Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Farmington NM</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
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          <annualizedRt>5.90000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>Kentucky Economic Development Finance Authority</name>
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        <name>Puerto Rico Convention Center District Authority</name>
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        <name>Reading School District</name>
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        <name>Chicago Board of Education</name>
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        <name>Massachusetts Development Finance Agency</name>
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          <maturityDt>2048-10-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York Transportation Development Corp.</name>
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          <isin value="US650116BN54"/>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Allentown City School District</name>
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          <maturityDt>2035-02-01</maturityDt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>County of Cambria PA</name>
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        <name>Berks County Industrial Development Authority</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>Public Finance Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Casino Reinvestment Development Authority, Inc.</name>
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        <name>Educational Enhancement Funding Corp.</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <maturityDt>2035-07-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>New York City Housing Development Corp.</name>
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        <name>Hammond Multi-School Building Corp.</name>
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        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <name>Merced Union High School District</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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          <maturityDt>2049-05-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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      <invstOrSec>
        <name>Kentucky Higher Education Student Loan Corp.</name>
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      <invstOrSec>
        <name>Louisiana Housing Corp.</name>
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          <maturityDt>2047-12-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>City &amp; County of Denver CO Airport System Revenue</name>
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        <name>Guam Government Waterworks Authority</name>
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        <name>Hudson Yards Infrastructure Corp.</name>
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        <name>Massachusetts Educational Financing Authority</name>
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      <invstOrSec>
        <name>Chicago Board of Education</name>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Michigan Finance Authority</name>
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        <name>Hempstead Town Local Development Corp.</name>
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        <name>Monongalia County Building Commission</name>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <name>Chicago Board of Education</name>
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      <invstOrSec>
        <name>Casino Reinvestment Development Authority, Inc.</name>
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          <maturityDt>2032-11-01</maturityDt>
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      <invstOrSec>
        <name>Raleigh Durham Airport Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hampshire Health and Education Facilities Authority Act</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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          <isin value="US57584XD654"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>County of Prince George's MD</name>
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        <valUSD>560550.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-10-01</maturityDt>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584XCE94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-04-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New Orleans LA Water System Revenue</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Mid-Bay Bridge Authority</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Raleigh Durham Airport Authority</name>
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        <name>South Carolina Ports Authority</name>
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          <isin value="US837123KD91"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QEL23"/>
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        <curCd>USD</curCd>
        <valUSD>560604.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45204EVP05"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Washington</name>
        <lei>549300X3TODFMUKLQ364</lei>
        <title>State of Washington</title>
        <cusip>93974DFF0</cusip>
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          <isin value="US93974DFF06"/>
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        <balance>7985000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8944397.75000000</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>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DeKalb County Hospital Authority GA</name>
        <lei>N/A</lei>
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        <cusip>24047CDH8</cusip>
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          <isin value="US24047CDH88"/>
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        <balance>4850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4946612.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20775DDW9</cusip>
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          <isin value="US20775DDW92"/>
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        <balance>785000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>760453.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Transportation Commission</name>
        <lei>5493006JSGNPGVJS7691</lei>
        <title>Texas Transportation Commission</title>
        <cusip>88283NAN2</cusip>
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          <isin value="US88283NAN21"/>
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        <balance>840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>280887.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Port Beaumont Navigation District</name>
        <lei>549300G8PKBXALUKJY33</lei>
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          <isin value="US73360CAD65"/>
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        <balance>7435000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5738779.10000000</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>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88034M8A7</cusip>
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          <isin value="US88034M8A75"/>
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        <balance>2440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2795556.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.61000100</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048TN90</cusip>
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          <isin value="US13048TN908"/>
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        <balance>1510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1667417.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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          <isin value="US57584YQJ19"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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          <isin value="US79766DRX92"/>
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        <curCd>USD</curCd>
        <valUSD>5730305.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bellalago Educational Facilities Benefit District</name>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Municipal Finance Agency</name>
        <lei>N/A</lei>
        <title>Puerto Rico Municipal Finance Agency</title>
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          <isin value="US745277PD95"/>
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        <balance>190000.00000000</balance>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
        <lei>549300G1ONPUNRBJUC88</lei>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2048-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
        <lei>N/A</lei>
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        <balance>550000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
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        <cusip>88034N5W0</cusip>
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          <isin value="US88034N5W05"/>
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        <balance>4490000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>North Carolina Central University</name>
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        <name>Tennessee Housing Development Agency</name>
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        <name>Overland Park Development Corp.</name>
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        <name>Puerto Rico Public Buildings Authority</name>
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        <invCountry>PR</invCountry>

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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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          <maturityDt>2021-12-01</maturityDt>
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        <name>State of New York Mortgage Agency</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>Brazos Higher Education Authority, Inc.</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Utah Charter School Finance Authority</name>
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        <name>Louisiana Stadium &amp; Exposition District</name>
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        <name>Berks County Municipal Authority (The)</name>
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        <name>Michigan Finance Authority</name>
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        <name>City of Chula Vista CA</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Minnesota Housing Finance Agency</name>
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          <isin value="US60416SKD17"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Water Reclamation District of Greater Chicago</name>
        <lei>N/A</lei>
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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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      <invstOrSec>
        <name>City of Atlanta GA Department of Aviation</name>
        <lei>N/A</lei>
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          <isin value="US04780MRH42"/>
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        <valUSD>1499220.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maryland Economic Development Corp.</name>
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          <isin value="US57422KBM62"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456483.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Toll Road Investors Partnership II LP</name>
        <lei>N/A</lei>
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          <isin value="US88948ABC09"/>
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        <balance>851000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>666794.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>04052TAX3</cusip>
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          <isin value="US04052TAX37"/>
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        <curCd>USD</curCd>
        <valUSD>4039454.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
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          <isin value="US64577B4K76"/>
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        <balance>1970000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2325368.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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          <isin value="US052409DL00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <title>Philadelphia Authority for Industrial Development</title>
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          <isin value="US71781XCF87"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Georgia Housing &amp; Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>King County Public Hospital District No. 2</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>State of Nevada Department of Business &amp; Industry</name>
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        <name>County of Broward FL Airport System Revenue</name>
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        <name>Sumter County Industrial Development Authority FL</name>
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        <name>New York State Dormitory Authority</name>
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        <name>California Municipal Finance Authority</name>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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      <invstOrSec>
        <name>State of Hawaii</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Great Lakes Water Authority Water Supply System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US39081JBG22"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Port of Seattle WA</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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          <maturityDt>2031-01-01</maturityDt>
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        <name>Public Finance Authority</name>
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          <maturityDt>2034-11-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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        <name>Massachusetts Port Authority</name>
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          <maturityDt>2037-07-01</maturityDt>
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        <name>State of Illinois</name>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Vauxmont Metropolitan District</name>
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          <maturityDt>2028-12-15</maturityDt>
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        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2035-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
        <lei>549300G1ONPUNRBJUC88</lei>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>Northeastern Pennsylvania Hospital &amp; Education Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Chester County Industrial Development Authority</name>
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        <name>Brazos Higher Education Authority, Inc.</name>
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        <name>University of North Carolina at Chapel Hill</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Louisiana State Citizens Property Insurance Corp.</name>
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        <name>Kentucky Economic Development Finance Authority</name>
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          <isin value="US49126KKE00"/>
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          <maturityDt>2041-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Connecticut Housing Finance Authority</name>
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          <isin value="US20775B3U86"/>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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        <invCountry>PR</invCountry>

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          <maturityDt>2028-07-01</maturityDt>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Michigan Finance Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>City of Chicago IL</name>
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        <name>Finance Authority of Maine</name>
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        <name>Illinois Finance Authority</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Overland Park Development Corp.</name>
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        <name>Board of Governors of Colorado State University System</name>
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        <name>Syracuse Industrial Development Agency</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Philadelphia Gas Works Co.</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Downriver Utility Wastewater Authority</name>
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        <name>Austin Convention Enterprises, Inc.</name>
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        <name>Reading School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-04-01</maturityDt>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>West Rankin Utility Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>Chicago Board of Education</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Port of Seattle WA</name>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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        <name>New Jersey Economic Development Authority</name>
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          <maturityDt>2028-01-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45203KAQ85"/>
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          <maturityDt>2050-02-15</maturityDt>
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        <name>City of Chicago IL</name>
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          <isin value="US167486SW02"/>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>County of Osceola FL Transportation Revenue</name>
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          <maturityDt>2047-10-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
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        <name>City of Chicago IL</name>
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          <maturityDt>2025-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Alachua County Health Facilities Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Summit County Development Finance Authority</name>
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        <name>Illinois Sports Facilities Authority (The)</name>
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        <name>Indiana Finance Authority</name>
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        <name>Iowa Finance Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QSW32"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Osceola FL Transportation Revenue</name>
        <lei>N/A</lei>
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          <isin value="US688031ER00"/>
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        <curCd>USD</curCd>
        <valUSD>402718.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Atlantic City NJ</name>
        <lei>N/A</lei>
        <title>City of Atlantic</title>
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          <isin value="US048339VJ13"/>
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        <curCd>USD</curCd>
        <valUSD>5171848.00000000</valUSD>
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        <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>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>7452688D7</cusip>
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          <isin value="US7452688D73"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50168.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Arkansas Development Finance Authority</title>
        <cusip>04109FBW7</cusip>
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          <isin value="US04109FBW77"/>
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        <balance>1665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1966531.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Rockville MD</name>
        <lei>N/A</lei>
        <title>City of Rockville</title>
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          <isin value="US774223BX84"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>320845.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
        <lei>N/A</lei>
        <title>Allentown Neighborhood Improvement Zone Development Authority</title>
        <cusip>018444BA6</cusip>
        <identifiers>
          <isin value="US018444BA60"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141031.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Development Authority of Cobb County (The)</name>
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        <title>Development Authority of Cobb County (The)</title>
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          <isin value="US190778FU99"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>710905.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
        <title>Tender Option Bond Trust Receipts/Certificates</title>
        <cusip>88034NQL1</cusip>
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          <isin value="US88034NQL19"/>
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        <balance>4285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5089551.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.48299900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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          <isin value="US13048THG13"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>857301.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
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        <cusip>88034NTW4</cusip>
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          <isin value="US88034NTW47"/>
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        <balance>5040000.00000000</balance>
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        <valUSD>6050721.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
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          <annualizedRt>2.48200000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Massachusetts Port Authority</name>
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          <isin value="US575896TK11"/>
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        <valUSD>4749912.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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          <isin value="US71885FDV67"/>
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          <maturityDt>2045-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tennessee Housing Development Agency</name>
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          <isin value="US880461ES35"/>
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        <balance>1030000.00000000</balance>
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          <maturityDt>2045-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>California Educational Facilities Authority</name>
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          <isin value="US130179NM25"/>
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          <maturityDt>2036-10-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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          <isin value="US745272FB52"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Harris County-Houston Sports Authority</name>
        <lei>N/A</lei>
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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>2032-11-15</maturityDt>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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        <title>Industrial Development Authority of the County of Pima (The)</title>
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        <name>University of Minnesota</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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      <invstOrSec>
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        <name>Municipal Electric Authority of Georgia</name>
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        <name>State of Illinois</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
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          <maturityDt>2048-09-01</maturityDt>
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      <invstOrSec>
        <name>Western Illinois Economic Development Authority</name>
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          <isin value="US958365BC11"/>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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          <maturityDt>2029-08-01</maturityDt>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <name>Utah Housing Corp.</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <name>City of Rock Hill SC Combined Utility System Revenue</name>
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        <name>Industrial Development Authority of the City of St Louis Missouri (The)</name>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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        <name>Mississippi Home Corp.</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Massachusetts Educational Financing Authority</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>New York Liberty Development Corp.</name>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
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          <isin value="US650116CL89"/>
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        <name>City of Baltimore MD</name>
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        <name>Commonwealth of Massachusetts Transportation Fund Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>University of Texas System (The)</name>
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          <isin value="US91514AGT60"/>
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          <maturityDt>2028-08-15</maturityDt>
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        <name>North Carolina Medical Care Commission</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
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          <maturityDt>2049-01-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Harris County-Houston Sports Authority</name>
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        <name>Puerto Rico Public Buildings Authority</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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        <name>State Public School Building Authority</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Public Finance Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>West Shore Area Authority</name>
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        <name>Board of Governors of Colorado State University System</name>
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          <maturityDt>2025-03-01</maturityDt>
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        <name>Massachusetts Development Finance Agency</name>
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          <isin value="US57584XPY12"/>
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          <maturityDt>2043-10-01</maturityDt>
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        <name>Iowa Finance Authority</name>
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          <isin value="US46245FAU84"/>
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          <maturityDt>2033-03-01</maturityDt>
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        <name>University of South Carolina</name>
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          <isin value="US914849HJ66"/>
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          <maturityDt>2034-05-01</maturityDt>
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        <name>Public Finance Authority</name>
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          <isin value="US74443UAB98"/>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>New Jersey Economic Development Authority</name>
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          <isin value="US64577BHV99"/>
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          <maturityDt>2035-01-01</maturityDt>
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        <name>Bellalago Educational Facilities Benefit District</name>
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          <maturityDt>2034-05-01</maturityDt>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Utah Charter School Finance Authority</name>
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        <name>Chicago Board of Education</name>
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          <maturityDt>2022-12-01</maturityDt>
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        <name>Public Finance Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Texas Transportation Commission</name>
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        <name>Gainesville &amp; Hall County Hospital Authority</name>
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        <name>North Carolina Medical Care Commission</name>
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        <name>State Public School Building Authority</name>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>County of Franklin OH</name>
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          <maturityDt>2047-05-15</maturityDt>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Delaware State Economic Development Authority</name>
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          <maturityDt>2036-09-01</maturityDt>
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        <name>Iowa Finance Authority</name>
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        <name>West Virginia Housing Development Fund</name>
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        <name>California School Finance Authority</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Sales Tax Securitization Corp.</name>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
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      <invstOrSec>
        <name>Metropolitan District (The)</name>
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      <invstOrSec>
        <name>County of Sacramento CA Airport System Revenue</name>
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          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US118217CQ98"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Metropolitan District (The)</name>
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          <isin value="US416489UD25"/>
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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>2030-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-01</maturityDt>
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        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182RAF82"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <name>University of Southern Mississippi (The)</name>
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        <name>Texas Private Activity Bond Surface Transportation Corp.</name>
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        <name>Utah Housing Corp.</name>
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        <name>Michigan State Housing Development Authority</name>
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        <name>Park Creek Metropolitan District</name>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <name>State of Washington</name>
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        <name>School District of Philadelphia (The)</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Downriver Utility Wastewater Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2043-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Fulton GA Water &amp; Sewerage Revenue</name>
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          <isin value="US360066MX97"/>
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        <valUSD>3786168.00000000</valUSD>
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          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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          <isin value="US74443UBB89"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-05-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TSASC, Inc. NY</name>
        <lei>N/A</lei>
        <title>TSASC, Inc.</title>
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          <isin value="US898526FD51"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Wichita KS</name>
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        <valUSD>1456975.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>4.20000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45204E4V72"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212391.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>Illinois State Toll Highway Authority</name>
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          <isin value="US452252HP77"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2038-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Houston Industrial Development Corp.</name>
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          <maturityDt>2023-03-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>California School Finance Authority</name>
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        <name>Montgomery County Industrial Development Authority PA</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Louisiana Stadium &amp; Exposition District</name>
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      <invstOrSec>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Authority</name>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2044-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45202QBR39"/>
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          <maturityDt>2031-04-01</maturityDt>
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        <name>Raleigh Durham Airport Authority</name>
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          <isin value="US751073MA20"/>
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        <name>Massachusetts Development Finance Agency</name>
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          <isin value="US57584X4P39"/>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <maturityDt>2037-12-01</maturityDt>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <invCountry>PR</invCountry>

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        <name>University of South Carolina</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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          <isin value="US97712DL617"/>
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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>2045-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US64580ABZ30"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Great Lakes Water Authority Water Supply System Revenue</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System Revenue</title>
        <cusip>39081JBE7</cusip>
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          <isin value="US39081JBE73"/>
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        <balance>3155000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
        <lei>549300DW2GVUIGE04396</lei>
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          <isin value="US605360SR82"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>948453.35000000</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>2036-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Overland Park Development Corp.</name>
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          <isin value="US690278BZ84"/>
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        <balance>1260000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tender Option Bond Trust Receipts/Certificates</name>
        <lei>N/A</lei>
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        <cusip>88034RAP0</cusip>
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          <isin value="US88034RAP01"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US64990GUU48"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Eastern Michigan University</name>
        <lei>549300K3C21R17LKDU63</lei>
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          <isin value="US276731ZY52"/>
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        <balance>9675000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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          <isin value="US72177MRS88"/>
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        <valUSD>893979.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-15</maturityDt>
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        <name>Iowa Finance Authority</name>
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          <maturityDt>2030-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Redevelopment Authority of the City of Philadelphia</name>
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          <maturityDt>2024-04-15</maturityDt>
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        <name>Public Finance Authority</name>
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          <maturityDt>2027-08-01</maturityDt>
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        <name>Palm Beach County Health Facilities Authority</name>
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        <name>Regional Transportation District</name>
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          <maturityDt>2034-01-15</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</title>
        <cusip>745272EM2</cusip>
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        <valUSD>145204.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

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          <maturityDt>2026-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Osceola FL Transportation Revenue</name>
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      <invstOrSec>
        <name>University of North Alabama</name>
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        <name>Public Finance Authority</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>County of Howard MD</name>
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          <maturityDt>2047-02-15</maturityDt>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
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          <isin value="US63607UAA60"/>
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        <name>Wayne County Airport Authority</name>
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          <maturityDt>2044-12-01</maturityDt>
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        <name>City of Chicago IL</name>
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          <isin value="US167486F790"/>
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        <valUSD>4001472.30000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Iowa Tobacco Settlement Authority</name>
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          <isin value="US888805AH14"/>
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          <maturityDt>2034-06-01</maturityDt>
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          <annualizedRt>5.60000000</annualizedRt>
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        <name>Raleigh Durham Airport Authority</name>
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        <name>Sales Tax Securitization Corp.</name>
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        <name>Chicago Transit Authority</name>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Toll Road Investors Partnership II LP</name>
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        <name>Travis County Health Facilities Development Corp.</name>
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        <name>Commonwealth Financing Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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      <invstOrSec>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Grays Harbor County Public Hospital District No. 2</name>
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          <maturityDt>2048-12-15</maturityDt>
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        <name>Black Belt Energy Gas District</name>
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          <isin value="US09182RBE09"/>
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          <maturityDt>2049-10-01</maturityDt>
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        <name>Chicago Board of Education</name>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Chicago Board of Education</name>
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        <name>West Virginia Housing Development Fund</name>
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          <maturityDt>2048-11-01</maturityDt>
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        <name>Delaware Valley Regional Finance Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Toll Road Investors Partnership II LP</name>
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        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
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        <name>Missouri Housing Development Commission</name>
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        <name>Kansas City Land Clearance Redevelopment Authority</name>
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          <maturityDt>2049-04-01</maturityDt>
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        <name>Montgomery County Higher Education &amp; Health Authority</name>
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      <invstOrSec>
        <name>State of Illinois</name>
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          <isin value="US452152JN29"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chicago Board of Education</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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          <isin value="US162410FF67"/>
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          <maturityDt>2049-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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          <isin value="US018444AW99"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
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          <isin value="US5463988B71"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Park Creek Metropolitan District</name>
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          <isin value="US700387EL33"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bucks County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Bucks County Industrial Development Authority</title>
        <cusip>11861MAQ9</cusip>
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          <isin value="US11861MAQ96"/>
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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>2050-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Main Street Natural Gas, Inc.</name>
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          <isin value="US56036YBF16"/>
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        <name>Chattanooga Health Educational &amp; Housing Facility Board</name>
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          <isin value="US162410FE92"/>
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        <name>State of Hawaii State Highway Fund</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>FHLMC</name>
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          <maturityDt>2035-06-15</maturityDt>
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        <name>City of Reno NV</name>
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        <name>Halifax Hospital Medical Center</name>
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        <name>School District of Philadelphia (The)</name>
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      <invstOrSec>
        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Spartanburg Regional Health Services District</name>
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          <maturityDt>2048-04-15</maturityDt>
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        <name>Indiana Finance Authority</name>
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          <isin value="US45506DGX75"/>
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        <name>South Carolina Public Service Authority</name>
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        <name>California Educational Facilities Authority</name>
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        <name>Massachusetts Educational Financing Authority</name>
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      <invstOrSec>
        <name>Overland Park Development Corp.</name>
        <lei>N/A</lei>
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        <name>Virginia College Building Authority</name>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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        <name>Massachusetts Educational Financing Authority</name>
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        <name>Alachua County Health Facilities Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Oklahoma Housing Finance Agency</name>
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        <name>Decatur Hospital Authority</name>
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      <invstOrSec>
        <name>Wilkes-Barre Area School District PA</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US04084RBG56"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Housing Corp.</name>
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        <title>Utah Housing Corp.</title>
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          <isin value="US91743PCW32"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-21</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442EBA7</cusip>
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          <isin value="US74442EBA73"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Regional Transportation District</name>
        <lei>N/A</lei>
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        <cusip>759151AN3</cusip>
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          <isin value="US759151AN35"/>
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        <balance>6150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6195387.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>San Francisco City &amp; County Redevelopment Agency Successor Agency</name>
        <lei>5493001TPOZL3UK8DX25</lei>
        <title>San Francisco City &amp; County Redevelopment Agency Successor Agency</title>
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          <isin value="US79770GAW69"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>382500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp.</title>
        <cusip>79467BCW3</cusip>
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          <isin value="US79467BCW37"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Jersey Transportation Authority</name>
        <lei>549300W8SZI2CAOKT956</lei>
        <title>South Jersey Transportation Authority</title>
        <cusip>838536KF6</cusip>
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          <isin value="US838536KF64"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>901610.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110048.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74445FAJ3</cusip>
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          <isin value="US74445FAJ30"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <maturityDt>2043-06-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>Oxnard Financing Authority</name>
        <lei>N/A</lei>
        <title>Oxnard Financing Authority</title>
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        <name>Mississippi Hospital Equipment &amp; Facilities Authority</name>
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        <name>Lehigh County Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-12-01</maturityDt>
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        <name>County of Osceola FL Transportation Revenue</name>
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          <maturityDt>2041-10-01</maturityDt>
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        <name>Illinois Sports Facilities Authority (The)</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Glynn-Brunswick Memorial Hospital Authority</name>
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          <isin value="US380037HA20"/>
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        <balance>230000.00000000</balance>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
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        <name>Los Angeles County Regional Financing Authority</name>
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      <invstOrSec>
        <name>California School Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US13059QAB14"/>
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          <maturityDt>2020-07-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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          <isin value="US574218T290"/>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>Sedgwick County Unified School District No. 266 Maize</name>
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          <isin value="US815670ND26"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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        <name>Public Finance Authority</name>
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          <isin value="US74439YBY68"/>
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        <name>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</name>
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        <name>Casino Reinvestment Development Authority, Inc.</name>
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        <name>City of Phoenix Civic Improvement Corp.</name>
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        <name>Colorado Housing &amp; Finance Authority</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Public Finance Authority</name>
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        <name>District of Columbia</name>
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        <name>Washington State Convention Center Public Facilities District</name>
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        <name>Illinois Housing Development Authority</name>
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        <name>Chicago Board of Education</name>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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          <maturityDt>2049-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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          <isin value="US34061UAA60"/>
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        <name>New Jersey Economic Development Authority</name>
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        <name>State of Illinois</name>
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          <maturityDt>2036-04-01</maturityDt>
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        <name>Lyon County Unified School District No. 253 Emporia</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
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        <invCountry>PR</invCountry>

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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Louisiana Offshore Terminal Authority</name>
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        <name>Massachusetts Port Authority</name>
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        <name>East Hempfield Township Industrial Development Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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          <isin value="US45204ESL38"/>
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          <maturityDt>2047-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Hempfield Township Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US273007BE33"/>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Illinois Finance Authority</name>
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          <maturityDt>2051-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2029-02-01</maturityDt>
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        <name>California Public Finance Authority</name>
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          <isin value="US13057EAR53"/>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US6461355Q23"/>
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          <maturityDt>2020-12-15</maturityDt>
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        <name>West Virginia Hospital Finance Authority</name>
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          <isin value="US956622T879"/>
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          <maturityDt>2038-09-01</maturityDt>
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        <name>Denver Convention Center Hotel Authority</name>
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        <name>County of Osceola FL Transportation Revenue</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Northern Illinois University</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Western Illinois Economic Development Authority</name>
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      <invstOrSec>
        <name>University of Delaware</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Vauxmont Metropolitan District</name>
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          <maturityDt>2029-12-01</maturityDt>
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      <invstOrSec>
        <name>Travis County Health Facilities Development Corp.</name>
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          <isin value="US89438LCK26"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky Turnpike Authority</name>
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          <isin value="US491552ZB43"/>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>6.05000000</annualizedRt>
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      <invstOrSec>
        <name>City of Lakeland FL</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chicago Board of Education</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Colorado High Performance Transportation Enterprise</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-12-31</maturityDt>
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        <name>Harlingen Economic Development Corp.</name>
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          <maturityDt>2031-02-15</maturityDt>
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        <name>Puerto Rico Infrastructure Financing Authority</name>
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        <invCountry>PR</invCountry>

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        <name>Hammond Multi-School Building Corp.</name>
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        <name>Texas Transportation Commission</name>
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        <name>Riverside County Transportation Commission</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Del Webb Bexley Community Development District</name>
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        <name>Golden State Tobacco Securitization Corp.</name>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <name>New York City Transitional Finance Authority Building Aid Revenue</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kentucky Economic Development Finance Authority</name>
        <lei>N/A</lei>
        <title>Kentucky Economic Development Finance Authority</title>
        <cusip>49126KLD1</cusip>
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          <isin value="US49126KLD18"/>
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        <valUSD>3071425.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528UD99</cusip>
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          <isin value="US45528UD991"/>
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        <curCd>USD</curCd>
        <valUSD>5958800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp.</title>
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          <isin value="US79467BAK17"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri Housing Development Commission</name>
        <lei>5493007FBL7WCV3NKY25</lei>
        <title>Missouri Housing Development Commission</title>
        <cusip>60637BGC8</cusip>
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          <isin value="US60637BGC81"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>757681.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Wichita KS</name>
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          <isin value="US967249QC09"/>
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        <curCd>USD</curCd>
        <valUSD>145856.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
        <title>Puerto Rico Highway &amp; Transportation Authority</title>
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          <isin value="US745190UR70"/>
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        <curCd>USD</curCd>
        <valUSD>3365865.30000000</valUSD>
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        <invCountry>PR</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
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          <isin value="US14052WBB28"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.35000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Main Street Natural Gas, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Port Authority</name>
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        <curCd>USD</curCd>
        <valUSD>595430.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Norman Regional Hospital Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Pennsylvania Higher Educational Facilities Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2039-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Health Care Facilities Financing Authority</name>
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          <maturityDt>2031-10-01</maturityDt>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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          <maturityDt>2039-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Dallas Area Municipal Authority</name>
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        <name>Puerto Rico Highway &amp; Transportation Authority</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
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        <invCountry>PR</invCountry>

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          <maturityDt>2029-07-01</maturityDt>
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        <name>Municipal Electric Authority of Georgia</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
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        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2021-12-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>South Jersey Transportation Authority</name>
        <lei>549300W8SZI2CAOKT956</lei>
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        <name>Puerto Rico Electric Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>County of Richland SC</name>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>Gloucester County Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-09-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45202QCC50"/>
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          <maturityDt>2031-10-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-10-01</maturityDt>
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        <name>New York State Dormitory Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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      <invstOrSec>
        <name>Lexington County Health Services District, Inc.</name>
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        <name>Maryland Economic Development Corp.</name>
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        <name>Minneapolis-St Paul Metropolitan Airports Commission</name>
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        <name>College of the Mainland</name>
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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>Puerto Rico Sales Tax Financing Corp.</name>
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        <name>Industrial Development Authority of the City of St Louis Missouri (The)</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>Puerto Rico Industrial Tourist Educational Medical &amp; Environmental Control Facilities Financing Authority</title>
        <cusip>745272EZ3</cusip>
        <identifiers>
          <isin value="US745272EZ30"/>
        </identifiers>
        <balance>735000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>652643.25000000</valUSD>
        <pctVal>0.014187701692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>Midtown Miami Community Development District</name>
        <lei>N/A</lei>
        <title>Midtown Miami Community Development District</title>
        <cusip>59807PAH8</cusip>
        <identifiers>
          <isin value="US59807PAH82"/>
        </identifiers>
        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>138086.10000000</valUSD>
        <pctVal>0.003001830471</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FJC9</cusip>
        <identifiers>
          <isin value="US19648FJC95"/>
        </identifiers>
        <balance>3200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3557792.00000000</valUSD>
        <pctVal>0.077342241079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</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>South Carolina Ports Authority</name>
        <lei>5493001YXW15H9J1M026</lei>
        <title>South Carolina Ports Authority</title>
        <cusip>837123KG2</cusip>
        <identifiers>
          <isin value="US837123KG23"/>
        </identifiers>
        <balance>8000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9449360.00000000</valUSD>
        <pctVal>0.205418045566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Park Creek Metropolitan District</name>
        <lei>N/A</lei>
        <title>Park Creek Metropolitan District</title>
        <cusip>700387EF6</cusip>
        <identifiers>
          <isin value="US700387EF64"/>
        </identifiers>
        <balance>1470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1747021.50000000</valUSD>
        <pctVal>0.037978206152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>County of Montgomery OH</name>
        <lei>N/A</lei>
        <title>County of Montgomery</title>
        <cusip>61351QAB5</cusip>
        <identifiers>
          <isin value="US61351QAB59"/>
        </identifiers>
        <balance>1915000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1920208.80000000</valUSD>
        <pctVal>0.041743095699</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</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>Park Creek Metropolitan District</name>
        <lei>N/A</lei>
        <title>Park Creek Metropolitan District</title>
        <cusip>700387EK5</cusip>
        <identifiers>
          <isin value="US700387EK59"/>
        </identifiers>
        <balance>1445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1704464.20000000</valUSD>
        <pctVal>0.037053060175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp.</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp. Sales Tax</title>
        <cusip>74529JQB4</cusip>
        <identifiers>
          <isin value="US74529JQB43"/>
        </identifiers>
        <balance>157000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134431.25000000</valUSD>
        <pctVal>0.002922378302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KAS7</cusip>
        <identifiers>
          <isin value="US51265KAS78"/>
        </identifiers>
        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>126928.75000000</valUSD>
        <pctVal>0.002759282718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</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>
      <invstOrSec>
        <name>Salt Verde Financial Corp.</name>
        <lei>549300VEWOZY6TQOIF03</lei>
        <title>Salt Verde Financial Corp.</title>
        <cusip>79575EAS7</cusip>
        <identifiers>
          <isin value="US79575EAS72"/>
        </identifiers>
        <balance>4000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4706560.00000000</valUSD>
        <pctVal>0.102315115154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>Oceanside Unified School District CA</name>
        <lei>N/A</lei>
        <title>Oceanside Unified School District</title>
        <cusip>675383JL8</cusip>
        <identifiers>
          <isin value="US675383JL85"/>
        </identifiers>
        <balance>4335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3512303.70000000</valUSD>
        <pctVal>0.076353378587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</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>Peninsula Town Center Community Development Authority</name>
        <lei>N/A</lei>
        <title>Peninsula Town Center Community Development Authority</title>
        <cusip>70718LAJ8</cusip>
        <identifiers>
          <isin value="US70718LAJ89"/>
        </identifiers>
        <balance>980000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>946190.00000000</valUSD>
        <pctVal>0.020569065051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Illinois Economic Development Authority</name>
        <lei>N/A</lei>
        <title>Western Illinois Economic Development Authority</title>
        <cusip>958365AX6</cusip>
        <identifiers>
          <isin value="US958365AX66"/>
        </identifiers>
        <balance>675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>764397.00000000</valUSD>
        <pctVal>0.016617097642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>County of Washoe NV</name>
        <lei>N/A</lei>
        <title>County of Washoe</title>
        <cusip>940865BD9</cusip>
        <identifiers>
          <isin value="US940865BD96"/>
        </identifiers>
        <balance>10250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10284132.50000000</valUSD>
        <pctVal>0.223565024350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.04999800</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>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152G62</cusip>
        <identifiers>
          <isin value="US452152G626"/>
        </identifiers>
        <balance>1010000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1059984.90000000</valUSD>
        <pctVal>0.023042833217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
        <title>Buckeye Tobacco Settlement Financing Authority</title>
        <cusip>118217CS5</cusip>
        <identifiers>
          <isin value="US118217CS54"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1102329.00000000</valUSD>
        <pctVal>0.023963344475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13062TH72</cusip>
        <identifiers>
          <isin value="US13062TH729"/>
        </identifiers>
        <balance>20000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27245400.00000000</valUSD>
        <pctVal>0.592283161893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="All applicable monthly total returns are reported excluding any sales loads or redemption fees for Item B.5." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>MFS Municipal Series Trust</ncom:nameOfApplicant>
      <ncom:signature>Kasey Phillips</ncom:signature>
      <ncom:signerName>Kasey Phillips</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
