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          <maturityDt>2048-05-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah Charter School Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York City Housing Development Corp.</name>
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        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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        <name>Karl's Farm Metropolitan District No. 2</name>
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        <name>Entrada Community Development District</name>
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        <name>City of Lago Vista TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Franklin County Industrial Development Authority</name>
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          <maturityDt>2054-12-01</maturityDt>
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        <name>Epperson North Community Development District</name>
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          <isin value="US29429VAF04"/>
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        <name>Silver Palms West Community Development District</name>
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        <name>Stonewater Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US861886AB50"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Buckhead Trails Community Development District</name>
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      <invstOrSec>
        <name>City of Tomball TX</name>
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        <name>Tradition Community Development District No. 9</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>2.30000000</annualizedRt>
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        <name>Constitution Heights Metropolitan District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <name>Chapel Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tuckers Pointe Community Development District</name>
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        <name>Cordova Palms Community Development District</name>
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        <name>Celebration Community Development District</name>
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        <name>City of Kyle TX</name>
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        <name>Monongalia County Commission Excise Tax District</name>
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        <name>Riverside County Transportation Commission</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <name>Kindred Community Development District II</name>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>City of Crandall TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
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        <name>Pine Isle Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Parrish Plantation Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 612 Skye Hills</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sandmine Road Community Development District</name>
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        <balance>450000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>St Tammany Parish Finance Authority</name>
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          <maturityDt>2037-11-15</maturityDt>
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        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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          <maturityDt>2031-09-01</maturityDt>
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        <name>Storey Drive Community Development District</name>
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        <name>Triple Creek Community Development District</name>
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          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Baseline Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kingman Gate Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US495742AH14"/>
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        <balance>750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <name>Avalon Groves Community Development District</name>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
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        <name>Epperson Ranch II Community Development District</name>
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        <name>Nexus North at DIA Metropolitan District</name>
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        <name>Cape Girardeau County Industrial Development Authority</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Kingman Gate Community Development District</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cross Creek North Community Development District</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1271512.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Babcock Ranch Community Independent Special District</name>
        <lei>N/A</lei>
        <title>Babcock Ranch Community Independent Special District, Series 2020</title>
        <cusip>05616KBB5</cusip>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56748.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
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          <isin value="US650116CW45"/>
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        <balance>14950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15140784.43000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Saddle Creek Preserve of Polk County Community Development District</name>
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          <isin value="US786230AD43"/>
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        <balance>785000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610411.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 812</name>
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          <isin value="US517784AS37"/>
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        <balance>1010000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1014050.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Idaho Housing &amp; Finance Association</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing &amp; Finance Association, Series 2010 A</title>
        <cusip>45130CAB7</cusip>
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          <isin value="US45130CAB72"/>
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        <balance>13305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13329674.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Polk County Hospital Facility Authority</name>
        <lei>N/A</lei>
        <title>Polk County Hospital Facility Authority, Series 2020 A</title>
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          <isin value="US731347AF70"/>
          <other otherDesc="Inhouse Asset ID" value="1088552"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2887986.85000000</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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Mclendon-Chisholm TX</name>
        <lei>N/A</lei>
        <title>City of Mclendon-Chisholm, Series 2021</title>
        <cusip>582153BD3</cusip>
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          <isin value="US582153BD30"/>
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        <balance>865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>682703.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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="US13048TWM16"/>
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        <balance>17400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17596898.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Parrish Plantation Community Development District</name>
        <lei>N/A</lei>
        <title>Parrish Plantation Community Development District, Series 2021</title>
        <cusip>701830AB7</cusip>
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          <isin value="US701830AB71"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203834.91000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series 2017</title>
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          <isin value="US64542UDW18"/>
          <other otherDesc="Inhouse Asset ID" value="680824"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4661900.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>452152U33</cusip>
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          <isin value="US452152U338"/>
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        <balance>1850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1712842.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>4521527B1</cusip>
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          <isin value="US4521527B18"/>
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        <balance>5400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5003640.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <cusip>66285WHD1</cusip>
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          <isin value="US66285WHD11"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3697440.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Sinton TX</name>
        <lei>N/A</lei>
        <title>City of Sinton, Series 2022</title>
        <cusip>829366AD5</cusip>
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          <isin value="US829366AD54"/>
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        <balance>1250000.00000000</balance>
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        <valUSD>1144817.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Currents Community Development District</name>
        <lei>N/A</lei>
        <title>Currents Community Development District, Series 2020 A</title>
        <cusip>23131PAD0</cusip>
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          <isin value="US23131PAD06"/>
          <other otherDesc="Inhouse Asset ID" value="1104298"/>
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        <balance>5815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4489912.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan Finance Authority</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority, Series 2020 B-2, Class 2</title>
        <cusip>59447TM26</cusip>
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          <isin value="US59447TM263"/>
          <other otherDesc="Inhouse Asset ID" value="1114817"/>
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        <balance>100000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8484440.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-06-01</maturityDt>
          <couponKind>None</couponKind>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>Berry Bay Community Development District</name>
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        <name>California Statewide Communities Development Authority</name>
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          <maturityDt>2039-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Bannon Lakes Community Development District</name>
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        <valUSD>533085.35000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Transportation Commission State Highway 249 System</name>
        <lei>N/A</lei>
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          <isin value="US88283NAX03"/>
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        <curCd>USD</curCd>
        <valUSD>740975.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Crandall TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Summerstone Community Development District</name>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-01</maturityDt>
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        <name>River Glen Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>State of Nevada Department of Business &amp; Industry</name>
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          <isin value="US25490LAF40"/>
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        <name>New Port Tampa Bay Community Development District</name>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>Grove Resort Community Development District</name>
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        <name>Cleveland Housing Authority</name>
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        <name>Avalon Park West Community Development District</name>
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          <maturityDt>2051-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74441XGZ69"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Sunbridge Stewardship District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 815</name>
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        <valUSD>950198.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
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        <valUSD>5201164.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Liberty Hill TX</name>
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        <balance>1705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1413016.19000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Copperleaf Metropolitan District No. 6</name>
        <lei>N/A</lei>
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          <isin value="US21765PAC95"/>
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        <balance>1225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1151543.24000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US91754TYQ02"/>
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        <curCd>USD</curCd>
        <valUSD>445488.44000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Kyle TX</name>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451229.55000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>Meadow View at Twin Creeks Community Development District</name>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>462852.94000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Entrada Community Development District</name>
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          <isin value="US29384HAD98"/>
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        <balance>2300000.00000000</balance>
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        <valUSD>1766405.52000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Port Tampa Bay Community Development District</name>
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        <balance>350000.00000000</balance>
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        <valUSD>326065.32000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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        <name>City of Anna TX</name>
        <lei>N/A</lei>
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        <balance>503000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>439988.84000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>West Port Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US95549GAK85"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487207.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Banyan Cay Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US06683YAB20"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Johnstown Farms East Metropolitan District</name>
        <lei>N/A</lei>
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        <cusip>47953AAA3</cusip>
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          <isin value="US47953AAA34"/>
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        <balance>1500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Forest Lake Community Development District</name>
        <lei>N/A</lei>
        <title>Forest Lake Community Development District, Series 2022</title>
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          <isin value="US34585PAH91"/>
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        <balance>620000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ritoro Metropolitan District</name>
        <lei>N/A</lei>
        <title>Ritoro Metropolitan District, Series 2019 A</title>
        <cusip>76778TAA4</cusip>
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          <isin value="US76778TAA43"/>
          <other otherDesc="Inhouse Asset ID" value="991727"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>1813344.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>3rd and Havana Metropolitan District</name>
        <lei>N/A</lei>
        <title>3rd and Havana Metropolitan District, Series 2020 A</title>
        <cusip>884134AB3</cusip>
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          <isin value="US884134AB37"/>
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        <balance>3775000.00000000</balance>
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        <valUSD>3381249.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>California Community Housing Agency</name>
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        <name>Artisan Lakes East Community Development District</name>
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        <name>Club Municipal Management District No. 1</name>
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        <name>Lehigh County Industrial Development Authority</name>
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        <name>Buena Lago Community Development District</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
        <title>Rivers Edge III Community Development District, Series 2021</title>
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          <isin value="US76882NAC65"/>
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        <balance>775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>586508.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Henderson Local Improvement Districts</name>
        <lei>N/A</lei>
        <title>City of Henderson, Series 2005</title>
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          <isin value="US425208QG37"/>
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        <balance>905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>823163.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
        <title>City of Celina, Series 2021</title>
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          <isin value="US15114CEC47"/>
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        <balance>379000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>294855.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Babcock Ranch Community Independent Special District</name>
        <lei>N/A</lei>
        <title>Babcock Ranch Community Independent Special District, Series 2022</title>
        <cusip>05616KBR0</cusip>
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          <isin value="US05616KBR05"/>
          <other otherDesc="Inhouse Asset ID" value="1195930"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3850467.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hills Minneola Community Development District</name>
        <lei>N/A</lei>
        <title>Hills of Minneola Community Development District, Series 2020</title>
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          <isin value="US431688AB60"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>886652.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of San Marcos TX</name>
        <lei>N/A</lei>
        <title>City of San Marcos, Series 2022</title>
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          <isin value="US798801AV86"/>
          <other otherDesc="Inhouse Asset ID" value="1182197"/>
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        <balance>1621000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1349427.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, Series 2021 A</title>
        <cusip>744396GJ5</cusip>
        <identifiers>
          <isin value="US744396GJ57"/>
          <other otherDesc="Inhouse Asset ID" value="1148895"/>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1048575.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Crestview II Community Development District</name>
        <lei>N/A</lei>
        <title>Crestview II Community Development District, Series 2020</title>
        <cusip>226321AD9</cusip>
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          <isin value="US226321AD99"/>
          <other otherDesc="Inhouse Asset ID" value="1106535"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>420644.33000000</valUSD>
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        <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>4.00000000</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, Series E-2</title>
        <cusip>74526QD74</cusip>
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          <isin value="US74526QD740"/>
          <other otherDesc="Inhouse Asset ID" value="639466"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4680000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series 2019 A</title>
        <cusip>64542QBJ1</cusip>
        <identifiers>
          <isin value="US64542QBJ13"/>
          <other otherDesc="Inhouse Asset ID" value="1005238"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>483471.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Powerline Road Community Development District</name>
        <lei>N/A</lei>
        <title>North Powerline Road Community Development District, Series 2022</title>
        <cusip>66173PAF3</cusip>
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          <isin value="US66173PAF36"/>
          <other otherDesc="Inhouse Asset ID" value="1200365"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>287719.90000000</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>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bridgewater North Community Development District</name>
        <lei>N/A</lei>
        <title>Bridgewater North Community Development District, Series 2022</title>
        <cusip>10865PAC1</cusip>
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          <isin value="US10865PAC14"/>
          <other otherDesc="Inhouse Asset ID" value="1190326"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>828629.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Abbott Square Community Development District</name>
        <lei>N/A</lei>
        <title>Abbott Square Community Development District, Series 2022</title>
        <cusip>00284AAD6</cusip>
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          <isin value="US00284AAD63"/>
          <other otherDesc="Inhouse Asset ID" value="1202839"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1473973.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Coral Bay Lee County Community Development District</name>
        <lei>N/A</lei>
        <title>Coral Bay Lee County Community Development District, Series 2022</title>
        <cusip>217761AD7</cusip>
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          <isin value="US217761AD79"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>497834.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Hutto TX</name>
        <lei>N/A</lei>
        <title>City of Hutto, Series 2021</title>
        <cusip>448529AD9</cusip>
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          <isin value="US448529AD99"/>
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        <balance>1146000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>887055.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Village Community Development District No. 13</name>
        <lei>N/A</lei>
        <title>Village Community Development District No. 13, Series 2021</title>
        <cusip>92708HAQ7</cusip>
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          <isin value="US92708HAQ74"/>
          <other otherDesc="Inhouse Asset ID" value="1170665"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3395296.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Marble Falls TX</name>
        <lei>N/A</lei>
        <title>City of Marble Falls, Series 2021</title>
        <cusip>566035AH4</cusip>
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          <isin value="US566035AH42"/>
          <other otherDesc="Inhouse Asset ID" value="1156523"/>
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        <balance>1470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1209524.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Ecorse MI</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Lavon TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Cypress Park Estates Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CalPlant I LLC</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
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          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Princeton TX</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Farmville Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <name>Westview North Community Development District</name>
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        <name>Village Metropolitan District (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pine Isle Community Development District</name>
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          <maturityDt>2041-12-15</maturityDt>
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        <name>Willows Community Development District</name>
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      <invstOrSec>
        <name>Chapel Creek Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>City of Fate TX</name>
        <lei>N/A</lei>
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        <balance>711000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>Ohio Higher Educational Facility Commission</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Puerto Rico Industrial Tourist Educational Medical and Environmental Control Facilities Financing Authority Revenue</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Foothill-Eastern Transportation Corridor Agency</name>
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          <isin value="US345105HJ21"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Economic Development Authority</name>
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        <name>State of Nevada Department of Business &amp; Industry</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Midlothian TX</name>
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        <name>Pronghorn Valley Metropolitan District</name>
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        <name>Village Community Development District No. 13</name>
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        <name>County of Burleigh ND</name>
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        <name>Celebration Pointe Community Development District No. 1</name>
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        <name>Henderson Local Improvement Districts</name>
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        <name>Tamarindo Community Development District</name>
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        <name>Grand Oaks Community Development District</name>
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        <name>Rhodine Road North Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
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      <invstOrSec>
        <name>Silver Palms West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakewood Ranch Stewardship District</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Anabelle Island Community Development District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1457609.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
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          <isin value="US15114CDF86"/>
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        <balance>965000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Arkansas Development Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US04110FAA30"/>
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        <balance>8000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7952612.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US64542RAX98"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1342205.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>First Creek Village Metropolitan District</name>
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          <isin value="US319617AC05"/>
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        <balance>540000.00000000</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>2049-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Detroit MI</name>
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        <balance>480000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Celina TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North River Ranch Community Development District</name>
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        <name>Sandmine Road Community Development District</name>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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        <name>Astonia Community Development District</name>
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          <isin value="US04625DAH17"/>
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        <balance>800000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>DW Bayview Community Development District</name>
        <lei>N/A</lei>
        <title>DW Bayview Community Development District, Series 2021</title>
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          <isin value="US23342SAB34"/>
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        <balance>430000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
        <title>City of Princeton, Series 2022</title>
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          <isin value="US742400BT09"/>
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        <balance>2220000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>Tobacco Settlement Financing Corp.</name>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>River Place on the St Lucie Community Development District</name>
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        <name>Bridgewater North Community Development District</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>Collier County Educational Facilities Authority</name>
        <lei>5493003XVBWC2SNPMX57</lei>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <name>Florida Development Finance Corp.</name>
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      <invstOrSec>
        <name>Meadow View at Twin Creeks Community Development District</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <name>Chaparral Palm Bay Community Development District</name>
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        <name>Coral Bay Lee County Community Development District</name>
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        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mirada Community Development District</name>
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        <name>Hilltop Point Community Development District</name>
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        <name>Stoddard County Industrial Development Authority</name>
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        <name>Hammock Reserve Community Development District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>Avalon Park West Community Development District</name>
        <lei>N/A</lei>
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        <name>EP Cimarron Ventanas PFC</name>
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          <isin value="US26879QAA31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
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        <name>River Landing Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Cordova Palms Community Development District</name>
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          <isin value="US21864YAG17"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eagle Brook Meadows Metropolitan District No. 3</name>
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          <isin value="US26943TAA97"/>
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        <balance>1600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1340900.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Magnolia Park Community Development District</name>
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        <title>Magnolia Park Community Development District, Series 2020</title>
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          <isin value="US559671AE23"/>
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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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Pilot Point TX</name>
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          <isin value="US721614AJ40"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>198210.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cypress Park Estates Community Development District</name>
        <lei>N/A</lei>
        <title>Cypress Park Estates Community Development District, Series 2020</title>
        <cusip>23280FAD1</cusip>
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          <isin value="US23280FAD15"/>
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        <balance>1210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>934272.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</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 State Highway 249 System</name>
        <lei>N/A</lei>
        <title>Texas Transportation Commission, Series 2019 A</title>
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          <isin value="US88283NAS18"/>
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        <balance>5750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1445172.80000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WHF68"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Anabelle Island Community Development District</name>
        <lei>N/A</lei>
        <title>Anabelle Island Community Development District, Series 2022</title>
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          <isin value="US03235SAA78"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>593885.55000000</valUSD>
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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>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>East Bonita Beach Road Community Development District</name>
        <lei>N/A</lei>
        <title>East Bonita Beach Road Community Development District, Series 2021</title>
        <cusip>271124AH2</cusip>
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          <isin value="US271124AH25"/>
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        <balance>750000.00000000</balance>
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        <valUSD>581737.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Entrada Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US29384HAA59"/>
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        <balance>165000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12500000</annualizedRt>
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      <invstOrSec>
        <name>City of Anna TX</name>
        <lei>N/A</lei>
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        <cusip>035713AF3</cusip>
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          <isin value="US035713AF31"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251345.04000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Johnson City Health &amp; Educational Facilities Board</name>
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        <title>Johnson City Health &amp; Educational Facilities Board, Series 2000 A</title>
        <cusip>478271EE5</cusip>
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          <isin value="US478271EE59"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
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        <title>Lakewood Ranch Stewardship District, Series 2020</title>
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          <isin value="US51265KEQ76"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>408422.10000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority, Series 2018 C</title>
        <cusip>97671VBL8</cusip>
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          <isin value="US97671VBL80"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>138948.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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        <name>West Port Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Children's Trust Fund</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Willows Community Development District</name>
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          <isin value="US971264AG13"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>Holly Hill Road East Community Development District</name>
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          <isin value="US43584FAL40"/>
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        <valUSD>333233.78000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>River Glen Community Development District</name>
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          <isin value="US76830AAQ67"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>3.00000000</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>2030-07-01</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
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          <isin value="US56681NGM39"/>
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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>2061-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Evan's Place Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakeshore Villages Master Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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        <name>Tradition Community Development District No. 9</name>
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        <balance>445000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>2.70000000</annualizedRt>
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        <name>Village of Villa Park IL</name>
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          <maturityDt>2038-12-31</maturityDt>
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        <name>Brightwater Community Development District</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <title>New Hope Cultural Education Facilities Finance Corp., Series 2019 B</title>
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          <maturityDt>2054-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series A</title>
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          <isin value="US45204EVF23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <title>New Hope Cultural Education Facilities Finance Corp., Series D</title>
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        <balance>5110000.00000000</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>2051-07-01</maturityDt>
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          <annualizedRt>7.00000000</annualizedRt>
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        <name>New York Liberty Development Corp.</name>
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        <name>Steel Point Infrastructure Improvement District</name>
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        <name>Leomas Landing Community Development District</name>
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        <name>Public Finance Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>River Place on the St Lucie Community Development District</name>
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        <name>Avenir Community Development District</name>
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      <invstOrSec>
        <name>Lower Petroglyphs Public Improvement District</name>
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      <invstOrSec>
        <name>Stillwater Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
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        <name>City of San Marcos TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capital Trust Agency, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Liberty Hill TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>George L Smith II Congress Center Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Two Rivers West Community Development District</name>
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        <name>Sarasota National Community Development District</name>
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        <name>Artisan Lakes East Community Development District</name>
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        <name>Northwood Municipal Utility District No. 1</name>
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          <maturityDt>2031-08-01</maturityDt>
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        <name>Epperson North Community Development District</name>
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        <name>County of Clark NV</name>
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        <name>North Powerline Road Community Development District</name>
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        <name>City of Lavon TX</name>
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      <invstOrSec>
        <name>Triple Creek Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>2.75000000</annualizedRt>
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        <name>Reunion East Community Development District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>2.40000000</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>2036-07-01</maturityDt>
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        <name>Central Texas Regional Mobility Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Justin TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>Lakewood Park Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Palmdale Elementary School District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southeastern Ohio Port Authority</name>
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        <name>River Hall Community Development District</name>
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        <name>Washington Economic Development Finance Authority</name>
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        <name>Colorado Health Facilities Authority</name>
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      <invstOrSec>
        <name>Leomas Landing Community Development District</name>
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        <name>Public Authority for Colorado Energy</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sandridge Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>Trevesta Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <balance>866000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Hills Minneola Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lawson Dunes Community Development District</name>
        <lei>N/A</lei>
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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>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Kyle TX</name>
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        <balance>530000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>443118.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>Hills of Minneola Community Development District</name>
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          <isin value="US431688AF74"/>
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        <balance>250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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        <name>Hammock Reserve Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US408348AF74"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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        <valUSD>5140332.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MidCity Improvement District</name>
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          <isin value="US59564KAB52"/>
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        <balance>600000.00000000</balance>
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        <valUSD>505169.22000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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          <isin value="US254842BB27"/>
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        <balance>175000000.00000000</balance>
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        <valUSD>38218477.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45203ACM71"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>West Port Community Development District</name>
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          <isin value="US95549GAJ13"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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        <cusip>97712JDR1</cusip>
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          <isin value="US97712JDR14"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Timber Creek Southwest Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US88707RAE18"/>
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        <valUSD>361956.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Chapel Creek Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US15942MAG50"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>867671.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Coco Palms Community Development District</name>
        <lei>N/A</lei>
        <title>Coco Palms Community Development District, Series 2019</title>
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        <curCd>USD</curCd>
        <valUSD>474490.45000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 611</name>
        <lei>N/A</lei>
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          <isin value="US51778CAQ96"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166521.57000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Community College Financing Authority</name>
        <lei>N/A</lei>
        <title>California Community College Financing Authority, Series 2022 C</title>
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          <isin value="US13012TAJ43"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6549890.20000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Series 2014 A</title>
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          <isin value="US13080SEW08"/>
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        <balance>10555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10630460.86000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
        <lei>N/A</lei>
        <title>Lakes of Sarasota Community Development District, Series 2021 B-2</title>
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          <isin value="US51206YAK64"/>
          <other otherDesc="Inhouse Asset ID" value="1140188"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>926163.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Fate TX</name>
        <lei>N/A</lei>
        <title>City of Fate, Series 2022</title>
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          <isin value="US31189RCJ59"/>
          <other otherDesc="Inhouse Asset ID" value="1213820"/>
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        <balance>1617000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1590382.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 611</name>
        <lei>N/A</lei>
        <title>City of Las Vegas, Series 2020</title>
        <cusip>51778CAN6</cusip>
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          <isin value="US51778CAN65"/>
          <other otherDesc="Inhouse Asset ID" value="1114802"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170459.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cornerstar Metropolitan District</name>
        <lei>549300E33QX68QTOF873</lei>
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          <isin value="US21923JAC27"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1926331.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Palm Coast Park Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US69661TAH41"/>
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        <balance>730000.00000000</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>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Town of Lakewood Village TX</name>
        <lei>N/A</lei>
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          <isin value="US51270AAC71"/>
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        <balance>1400000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>DW Bayview Community Development District</name>
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          <isin value="US23342SAD99"/>
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        <balance>750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Epperson North Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US29429VAH69"/>
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        <balance>1365000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hills of Minneola Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US431688AE00"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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      <invstOrSec>
        <name>River Hall Community Development District</name>
        <lei>N/A</lei>
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        <cusip>768247AT5</cusip>
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          <isin value="US768247AT51"/>
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        <balance>150000.00000000</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>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Texas Transportation Commission State Highway 249 System</name>
        <lei>N/A</lei>
        <title>Texas Transportation Commission, Series 2019 A</title>
        <cusip>88283NAY8</cusip>
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          <isin value="US88283NAY85"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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, Series 2020 A</title>
        <cusip>74441XGW3</cusip>
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          <isin value="US74441XGW39"/>
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        <balance>1070000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>856180.72000000</valUSD>
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      <invstOrSec>
        <name>City of Leander TX</name>
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        <name>Tempe Industrial Development Authority</name>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Rowlett TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chester County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-01</maturityDt>
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        <name>Hyde Park Community Development District No. 1</name>
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        <name>City of Hutto TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>Parrish Plantation Community Development District</name>
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          <maturityDt>2032-05-01</maturityDt>
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        <name>Commonwealth of Puerto Rico</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-07-01</maturityDt>
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        <name>City of Lago Vista TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>River Islands Public Financing Authority</name>
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          <maturityDt>2032-09-01</maturityDt>
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      <invstOrSec>
        <name>City of San Marcos TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-01</maturityDt>
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      <invstOrSec>
        <name>Montana Facility Finance Authority</name>
        <lei>N/A</lei>
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        <name>Lakeshore Villages Master Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-06-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hills Minneola Community Development District</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>South Aurora Regional Improvement Authority</name>
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        <name>Mirada II Community Development District</name>
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        <name>M-S-R Energy Authority</name>
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        <name>River Landing Community Development District</name>
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        <name>Celebration Community Development District</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>State of Illinois</name>
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        <name>Windward Community Development District</name>
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        <name>Lower Petroglyphs Public Improvement District</name>
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        <name>Club Municipal Management District No. 1</name>
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        <name>Public Finance Authority</name>
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        <name>California Community Housing Agency</name>
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        <name>Artisan Lakes East Community Development District</name>
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        <name>City of Horseshoe Bay TX</name>
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        <name>New Port Tampa Bay Community Development District</name>
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        <name>Reunion East Community Development District</name>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>Avalon Park West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pronghorn Valley Metropolitan District</name>
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        <name>Seminole County Industrial Development Authority</name>
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        <name>Cleveland Housing Authority</name>
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        <name>STC Metropolitan District No. 2</name>
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        <name>East Nassau Stewardship District</name>
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        <name>Village Community Development District No. 13</name>
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          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Aerotropolis Regional Transportation Authority</name>
        <lei>N/A</lei>
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          <isin value="US008051AA25"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Sunbridge Stewardship District</name>
        <lei>N/A</lei>
        <title>Sunbridge Stewardship District, Series 2022</title>
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        <name>Anabelle Island Community Development District</name>
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        <name>Belmond Reserve Community Development District</name>
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        <name>Villages at Castle Rock Metropolitan District No. 4</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <name>State of Illinois</name>
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        <name>Indiana Housing &amp; Community Development Authority</name>
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        <name>Anabelle Island Community Development District</name>
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        <name>California Public Finance Authority</name>
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        <name>Capital Trust Agency, Inc.</name>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>Timber Creek Southwest Community Development District</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Sawyers Landing Community Development District</name>
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        <name>Forest Lake Community Development District</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <name>Southern Groves Community Development District No. 5</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>Parrish Plantation Community Development District</name>
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        <name>Lakes of Sarasota Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>Tahoe-Douglas Visitors Authority</name>
        <lei>N/A</lei>
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          <isin value="US873816AT92"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Cordova Palms Community Development District</name>
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        <name>Public Authority for Colorado Energy</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Chapel Crossings Community Development District</name>
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        <name>River Islands Public Financing Authority</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>Arizona Industrial Development Authority</name>
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      <invstOrSec>
        <name>City of Sachse TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-15</maturityDt>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45204FSQ99"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3078505.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-05-15</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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        <name>Tamarindo Community Development District</name>
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          <isin value="US875056AD52"/>
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        <balance>680000.00000000</balance>
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        <valUSD>527576.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Kingman Gate Community Development District</name>
        <lei>N/A</lei>
        <title>Kingman Gate Community Development District, Series 2020</title>
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          <isin value="US495742AC27"/>
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        <balance>775000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Seminole County Industrial Development Authority</name>
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        <title>Seminole County Industrial Development Authority, Series 2021 A</title>
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        <valUSD>506276.93000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Silver Palms West Community Development District</name>
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          <isin value="US82807YAA64"/>
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        <balance>410000.00000000</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>2027-06-15</maturityDt>
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          <annualizedRt>2.60000000</annualizedRt>
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        <name>Bradburn Metropolitan District No. 2</name>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
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        <name>Red River Health Facilities Development Corp.</name>
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          <isin value="US75687RAD44"/>
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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>2042-12-15</maturityDt>
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          <annualizedRt>7.25000000</annualizedRt>
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        <name>Ave Maria Stewardship Community District</name>
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        <balance>2640000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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        <name>Northern Mariana Island Ports Authority</name>
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        <invCountry>MP</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
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          <annualizedRt>6.60000000</annualizedRt>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>City of Marble Falls TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp.</name>
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          <isin value="US11943KEB44"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Board of Education</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Old Hickory Community Development District</name>
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        <name>Silver Palms West Community Development District</name>
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        <name>Windward Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <curCd>USD</curCd>
        <valUSD>5534112.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>River Hall Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Club Municipal Management District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Forest Lake Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>Louisville/Jefferson County Metropolitan Government</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <name>DG Farms Community Development District</name>
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        <name>North AR-1 Pasco Community Development District</name>
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        <name>City of Fate TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
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      <invstOrSec>
        <name>Tempe Industrial Development Authority</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <valUSD>828498.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sandmine Road Community Development District</name>
        <lei>N/A</lei>
        <title>Sandmine Road Community Development District, Series 2020</title>
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          <isin value="US800063AD10"/>
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        <valUSD>1506271.78000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <curCd>USD</curCd>
        <valUSD>13004756.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Princeton TX</name>
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          <isin value="US742400BE30"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>246496.41000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth of Puerto Rico</name>
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          <isin value="US74514L3T29"/>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>0.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Veranda Community Development District II</name>
        <lei>N/A</lei>
        <title>Veranda Community Development District II, Series 2021</title>
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          <isin value="US92338HAU68"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>288055.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.60000000</annualizedRt>
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      <invstOrSec>
        <name>City of Fate TX</name>
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        <title>City of Fate, Series 2020</title>
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        <balance>691000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>557964.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>East Bonita Beach Road Community Development District</name>
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        <title>East Bonita Beach Road Community Development District, Series 2021</title>
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        <balance>750000.00000000</balance>
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        <valUSD>553296.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Ridge at Apopka Community Development District</name>
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        <title>Ridge at Apopka Community Development District, Series 2022</title>
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          <isin value="US76571AAC09"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>826723.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <name>River Hall Community Development District</name>
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        <curCd>USD</curCd>
        <valUSD>148991.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CMFA Special Finance Agency VII</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Two Rivers North Community Development District</name>
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        <balance>380000.00000000</balance>
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        <valUSD>370827.45000000</valUSD>
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          <couponKind>Fixed</couponKind>
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        <name>Timber Creek Southwest Community Development District</name>
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          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <name>Charlotte County Industrial Development Authority</name>
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          <isin value="US16080TAH86"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Foothill-Eastern Transportation Corridor Agency</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>North Powerline Road Community Development District</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Series 2020</title>
        <cusip>650116CV6</cusip>
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          <isin value="US650116CV61"/>
          <other otherDesc="Inhouse Asset ID" value="1085262"/>
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        <balance>10380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10628288.56000000</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>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Henderson Local Improvement Districts</name>
        <lei>N/A</lei>
        <title>Henderson Local Improvement Districts, Series 2022</title>
        <cusip>425208WD3</cusip>
        <identifiers>
          <isin value="US425208WD32"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>235028.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>North River Ranch Community Development District</name>
        <lei>N/A</lei>
        <title>North River Ranch Community Development District, Series 2020 A-1</title>
        <cusip>662008AD3</cusip>
        <identifiers>
          <isin value="US662008AD38"/>
          <other otherDesc="Inhouse Asset ID" value="1123011"/>
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        <balance>1960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1581324.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stillwater Community Development District</name>
        <lei>N/A</lei>
        <title>Stillwater Community Development District, Series 2021</title>
        <cusip>860725AA8</cusip>
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          <isin value="US860725AA82"/>
          <other otherDesc="Inhouse Asset ID" value="1138664"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>275006.61000000</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>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 816</name>
        <lei>N/A</lei>
        <title>City of Las Vegas, Series 2021</title>
        <cusip>51779AAL3</cusip>
        <identifiers>
          <isin value="US51779AAL35"/>
          <other otherDesc="Inhouse Asset ID" value="1158872"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414285.82000000</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>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Edgewater East Community Development District</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District, Series 2022</title>
        <cusip>280286AH8</cusip>
        <identifiers>
          <isin value="US280286AH87"/>
          <other otherDesc="Inhouse Asset ID" value="1188590"/>
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        <balance>6200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4768716.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2020</title>
        <cusip>51265KEL8</cusip>
        <identifiers>
          <isin value="US51265KEL89"/>
          <other otherDesc="Inhouse Asset ID" value="1114564"/>
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        <balance>440000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>388218.07000000</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>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GDB Debt Recovery Authority of Puerto Rico</name>
        <lei>N/A</lei>
        <title>GDB Debt Recovery Authority of Puerto Rico</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US36829QAA31"/>
          <other otherDesc="Inhouse Asset ID" value="1096669"/>
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        <balance>41597885.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34838228.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
        <lei>N/A</lei>
        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority, Series 2020 A</title>
        <cusip>745160SJ1</cusip>
        <identifiers>
          <isin value="US745160SJ13"/>
          <other otherDesc="Inhouse Asset ID" value="1125688"/>
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        <balance>15000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14401935.00000000</valUSD>
        <pctVal>0.273997716884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Black Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Black Creek Community Development District, Series 2022</title>
        <cusip>09186FAG8</cusip>
        <identifiers>
          <isin value="US09186FAG81"/>
          <other otherDesc="Inhouse Asset ID" value="1199344"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1994230.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Industrial Development Authority of the County of Pima (The)</name>
        <lei>549300QDTQ25545R4K19</lei>
        <title>Industrial Development Authority of the County of Pima (The), Series 2022</title>
        <cusip>72177MUR6</cusip>
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          <isin value="US72177MUR68"/>
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        <balance>8500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5876927.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Magnolia Park Community Development District</name>
        <lei>N/A</lei>
        <title>Magnolia Park Community Development District, Series 2020</title>
        <cusip>559671AF9</cusip>
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          <isin value="US559671AF97"/>
          <other otherDesc="Inhouse Asset ID" value="1106931"/>
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        <balance>688000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>595063.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
        <title>City of Royse City, Series 2020</title>
        <cusip>780870AV3</cusip>
        <identifiers>
          <isin value="US780870AV31"/>
          <other otherDesc="Inhouse Asset ID" value="1093391"/>
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        <balance>715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>605175.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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, Series 1</title>
        <cusip>74526QD66</cusip>
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          <isin value="US74526QD666"/>
          <other otherDesc="Inhouse Asset ID" value="639468"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4680000.00000000</valUSD>
        <pctVal>0.089037293601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>Y</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Stellar North Community Development District</name>
        <lei>N/A</lei>
        <title>Stellar North Community Development District, Series 2021</title>
        <cusip>85857KAD2</cusip>
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          <isin value="US85857KAD28"/>
          <other otherDesc="Inhouse Asset ID" value="1173738"/>
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        <balance>2225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1707989.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of San Marcos TX</name>
        <lei>N/A</lei>
        <title>City of San Marcos, Series 2022</title>
        <cusip>798801AU0</cusip>
        <identifiers>
          <isin value="US798801AU04"/>
          <other otherDesc="Inhouse Asset ID" value="1182198"/>
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        <balance>1221000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1035713.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Union Park East Community Development District</name>
        <lei>N/A</lei>
        <title>Union Park East Community Development District, Series 2021</title>
        <cusip>907874AN1</cusip>
        <identifiers>
          <isin value="US907874AN10"/>
          <other otherDesc="Inhouse Asset ID" value="1164727"/>
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        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231550.01000000</valUSD>
        <pctVal>0.004405253466</pctVal>
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        <name>Meadow View at Twin Creeks Community Development District</name>
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      <invstOrSec>
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        <name>Crestview II Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-15</maturityDt>
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        <name>Summer Woods Community Development District</name>
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        <name>Town of Flower Mound TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tempe Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Avalon Park West Community Development District</name>
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        <name>Epperson North Community Development District</name>
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        <name>Colliers Hill Metropolitan District No. 2</name>
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        <name>CSCDA Community Improvement Authority</name>
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        <name>Celebration Community Development District</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>
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        <name>Monongalia County Commission Excise Tax District</name>
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      <invstOrSec>
        <name>East 547 Community Development District</name>
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        <name>Military Installation Development Authority</name>
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        <name>Public Finance Authority</name>
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        <name>River Landing Community Development District</name>
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        <name>Silicon Valley Tobacco Securitization Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Rivers Edge II Community Development District</name>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 816</name>
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        <name>RRC Metropolitan District No. 2</name>
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          <couponKind>Fixed</couponKind>
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        <name>Southern California Public Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Kindred Community Development District II</name>
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        <balance>235000.00000000</balance>
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        <valUSD>195182.12000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>Allison Valley Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Middleton Community Development District A</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Palm Coast Park Community Development District</name>
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        <name>Public Finance Authority</name>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>Rampart Range Metropolitan District No. 5</name>
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        <name>Kentucky Public Transportation Infrastructure Authority</name>
        <lei>N/A</lei>
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        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>California County Tobacco Securitization Agency</name>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>City of New Braunfels TX</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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        <name>Shingle Creek at Bronson Community Development District</name>
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          <isin value="US82459NAC74"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</name>
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          <isin value="US792908DE22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
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      <invstOrSec>
        <name>Westside Haines City Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US96150AAC71"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Valparaiso IN</name>
        <lei>N/A</lei>
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          <isin value="US920286AA93"/>
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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>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Palm Coast Park Community Development District</name>
        <lei>N/A</lei>
        <title>Palm Coast Park Community Development District, Series 2022</title>
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          <isin value="US69661TAM36"/>
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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>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Airport System Revenue</name>
        <lei>N/A</lei>
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          <isin value="US442349FZ40"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Belmont II Community Development District</name>
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          <isin value="US080382AF11"/>
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        <balance>325000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-15</maturityDt>
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      <invstOrSec>
        <name>Buena Lago Community Development District</name>
        <lei>N/A</lei>
        <title>Buena Lago Community Development District, Series 2022</title>
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          <isin value="US119126AC45"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Balm Grove Community Development District</name>
        <lei>N/A</lei>
        <title>Balm Grove Community Development District, Series 2022</title>
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          <isin value="US05874FAA66"/>
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        <balance>1040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>962609.75000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority, Series 2021 B</title>
        <cusip>126292CG4</cusip>
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          <isin value="US126292CG42"/>
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        <balance>19800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12480478.56000000</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>2059-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Nassau Stewardship District</name>
        <lei>N/A</lei>
        <title>East Nassau Stewardship District, Series 2021</title>
        <cusip>273794AF4</cusip>
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          <isin value="US273794AF48"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>426450.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wild Plum Metropolitan District</name>
        <lei>N/A</lei>
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        <cusip>96809GAA3</cusip>
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          <isin value="US96809GAA31"/>
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        <balance>595000.00000000</balance>
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        <valUSD>628268.59000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Saddle Creek Preserve of Polk County Community Development District</name>
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          <isin value="US786230AF90"/>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-15</maturityDt>
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          <annualizedRt>3.10000000</annualizedRt>
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        <name>Sanctuary Cove Community Development District</name>
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          <isin value="US79971TAB17"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>Leomas Landing Community Development District</name>
        <lei>N/A</lei>
        <title>Leomas Landing Community Development District, Series 2021</title>
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          <isin value="US526400AE61"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>Grande Pines Community Development District</name>
        <lei>N/A</lei>
        <title>Grande Pines Community Development District, Series 2021</title>
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          <isin value="US38656NAD84"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CMFA Special Finance Agency XII</name>
        <lei>N/A</lei>
        <title>CMFA Special Finance Agency XII, Series 2022 A-2</title>
        <cusip>12574XAB4</cusip>
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          <isin value="US12574XAB47"/>
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        <balance>17000000.00000000</balance>
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        <curCd>USD</curCd>
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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>2049-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MidCity Improvement District</name>
        <lei>N/A</lei>
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          <isin value="US59564KAD19"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>960583.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North River Ranch Community Development District</name>
        <lei>N/A</lei>
        <title>North River Ranch Community Development District, Series 2020 A-3</title>
        <cusip>662008AF8</cusip>
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          <isin value="US662008AF85"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1812778.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Baldwin County Hospital Authority</name>
        <lei>N/A</lei>
        <title>Baldwin County Hospital Authority, Series 1998</title>
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          <isin value="US058024AW02"/>
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        <balance>1470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series A</title>
        <cusip>64542RDJ7</cusip>
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          <isin value="US64542RDJ77"/>
          <other otherDesc="Inhouse Asset ID" value="608761"/>
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        <balance>30000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25500000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Summer Woods Community Development District</name>
        <lei>N/A</lei>
        <title>Summer Woods Community Development District, Series 2021</title>
        <cusip>865657AL4</cusip>
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          <isin value="US865657AL49"/>
          <other otherDesc="Inhouse Asset ID" value="1147043"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140728.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority, Series 2017 A</title>
        <cusip>13058BAD1</cusip>
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          <isin value="US13058BAD10"/>
          <other otherDesc="Inhouse Asset ID" value="663304"/>
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        <balance>2900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2101541.55000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Royse City TX</name>
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          <isin value="US780870BC41"/>
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        <balance>1780000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1451017.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority, Series 2020 A-1</title>
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          <isin value="US546399KA31"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4269481.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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          <isin value="US15114CET71"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204622.73000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Justin TX</name>
        <lei>N/A</lei>
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          <isin value="US482184AK46"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>430250.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
        <lei>N/A</lei>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209005.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority, Series 2021 A-2</title>
        <cusip>126292AF8</cusip>
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          <isin value="US126292AF86"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6645153.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US51206YAJ91"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264313.37000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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      <invstOrSec>
        <name>State of Ohio</name>
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        <balance>5000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New Braunfels TX</name>
        <lei>N/A</lei>
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        <balance>1454000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
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          <isin value="US51206YAC49"/>
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        <balance>285000.00000000</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>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10796863.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Stonewater Community Development District</name>
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        <name>Balm Grove Community Development District</name>
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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>2052-06-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Rivers Edge II Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Hays TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kirkwood Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wind Meadows South Community Development District</name>
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        <name>City of Haslet TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Reunion East Community Development District</name>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>Prairie Center Metropolitan District No. 7</name>
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        <name>Maryland Economic Development Corp.</name>
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        <name>LTC Ranch West Residential Community Development District</name>
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        <name>Parrish Plantation Community Development District</name>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>Six Mile Creek Community Development District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>Astonia Community Development District</name>
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        <name>Franklin County Industrial Development Authority</name>
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        <name>Chapel Crossings Community Development District</name>
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        <name>Hunters Overlook Metropolitan District No. 5</name>
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        <name>Leomas Landing Community Development District</name>
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      <invstOrSec>
        <name>City of New Braunfels TX</name>
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          <maturityDt>2031-09-01</maturityDt>
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        <name>Chaparral Palm Bay Community Development District</name>
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        <name>CMFA Special Finance Agency</name>
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        <name>Lawson Dunes Community Development District</name>
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        <name>Sawyers Landing Community Development District</name>
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        <name>Horizon Metropolitan District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Rustic Oaks Community Development District</name>
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        <name>Tuckers Pointe Community Development District</name>
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        <name>Two Rivers North Community Development District</name>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <name>City of Princeton TX</name>
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        <name>V-Dana Community Development District</name>
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        <name>Conroe Local Government Corp.</name>
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        <name>Brighton Crossing Metropolitan District No. 4</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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        <name>Hills of Minneola Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bannon Lakes Community Development District</name>
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        <balance>365000.00000000</balance>
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      <invstOrSec>
        <name>Stoneybrook South Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-15</maturityDt>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <name>Alvord Unified School District</name>
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          <isin value="US022555UL87"/>
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        <balance>30750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Parish of Beauregard LA</name>
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          <isin value="US074614AC25"/>
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        <balance>13990000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hawkstone Community Development District</name>
        <lei>N/A</lei>
        <title>Hawkstone Community Development District, Series 2021</title>
        <cusip>42034RAL6</cusip>
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          <isin value="US42034RAL69"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>872112.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.45000000</annualizedRt>
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      <invstOrSec>
        <name>River Landing Community Development District</name>
        <lei>N/A</lei>
        <title>River Landing Community Development District, Series 2020 A</title>
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          <isin value="US76828JAB44"/>
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        <balance>475000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>3.60000000</annualizedRt>
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      <invstOrSec>
        <name>Lakewood Park Community Development District</name>
        <lei>N/A</lei>
        <title>Lakewood Park Community Development District, Series 2021</title>
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          <isin value="US512650AB87"/>
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        <balance>125000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tohoqua Community Development District</name>
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        <title>Tohoqua Community Development District, Series 2021</title>
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          <isin value="US88907RAF64"/>
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        <balance>1175000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Reno NV</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>North Powerline Road Community Development District</name>
        <lei>N/A</lei>
        <title>North Powerline Road Community Development District, Series 2020</title>
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          <isin value="US66173PAD87"/>
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          <maturityDt>2051-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Parkway Municipal Management District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>LT Ranch Community Development District</name>
        <lei>N/A</lei>
        <title>LT Ranch Community Development District</title>
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          <isin value="US54912EAH62"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
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      <invstOrSec>
        <name>Kingman Gate Community Development District</name>
        <lei>N/A</lei>
        <title>Kingman Gate Community Development District, Series 2021</title>
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          <isin value="US495742AG31"/>
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        <balance>750000.00000000</balance>
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      <invstOrSec>
        <name>City of Liberty Hill TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Avenir Community Development District</name>
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          <isin value="US05357JAK25"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>Mirada II Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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      <invstOrSec>
        <name>Crystal Cay Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US229092AB76"/>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>City of Lavon TX</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <curCd>USD</curCd>
        <valUSD>1160576.71000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <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>Pennsylvania Turnpike Commission</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission, Series B-2</title>
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          <isin value="US709224BV08"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17891496.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indigo Community Development District</name>
        <lei>N/A</lei>
        <title>Indigo Community Development District, Series 2021</title>
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          <isin value="US45567RAH30"/>
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        <balance>1375000.00000000</balance>
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        <valUSD>1055499.09000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Viera Stewardship District</name>
        <lei>N/A</lei>
        <title>Viera Stewardship District, Series 2021</title>
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          <isin value="US92670TAD46"/>
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        <balance>1715000.00000000</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>2053-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>DW Bayview Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US23342SAH04"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Liberty Hill TX</name>
        <lei>N/A</lei>
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          <isin value="US530575AL30"/>
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        <balance>275000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <name>Cornerstar Metropolitan District</name>
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          <isin value="US21923JAD00"/>
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        <balance>5200000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avalon Groves Community Development District</name>
        <lei>N/A</lei>
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          <maturityDt>2051-05-01</maturityDt>
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      <invstOrSec>
        <name>North AR-1 Pasco Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US65725AAH77"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>San Joaquin Hills Transportation Corridor Agency</name>
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      <invstOrSec>
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        <name>Rhodine Road North Community Development District</name>
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        <name>West Villages Improvement District</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Towne Park Community Development District</name>
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        <name>West Villages Improvement District</name>
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        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <invCountry>PR</invCountry>
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        <name>Boggy Branch Community Development District</name>
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        <name>Epperson North Community Development District</name>
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        <name>Astonia Community Development District</name>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Grand Canyon University</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Tahoe-Douglas Visitors Authority</name>
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        <name>Farmville Industrial Development Authority</name>
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        <name>Juban Trails Community Development District</name>
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        <name>Stonewater Community Development District</name>
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        <name>Triple Creek Community Development District</name>
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        <name>Avalon Groves Community Development District</name>
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        <name>Tohoqua Community Development District</name>
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      <invstOrSec>
        <name>Ptarmigan West Metropolitan District No. 2</name>
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        <name>Pecan Public Facility Corp.</name>
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        <curCd>USD</curCd>
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          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Clackamas County Hospital Facility Authority</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-15</maturityDt>
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      <invstOrSec>
        <name>CalPlant I LLC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Entrada Community Development District</name>
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          <isin value="US29384HAC16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Town of Ponder TX</name>
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          <isin value="US732403AC49"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Meadow View at Twin Creeks Community Development District</name>
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        <title>Meadow View at Twin Creeks Community Development District, Series 2021</title>
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          <isin value="US583188BC04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>County of Frederick MD</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Chapel Crossings Community Development District</name>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>City of Waxahachie TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-15</maturityDt>
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        <name>Tolomato Community Development District</name>
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          <isin value="US889560EU81"/>
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        <name>County of Medina TX</name>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
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        <name>State of Ohio</name>
        <lei>5493005LEB5E170OMX59</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Quail Roost Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Aviary at Rutland Ranch Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>Ridge at Apopka Community Development District</name>
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          <isin value="US76571AAD81"/>
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        <balance>2150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2073528.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>LT Ranch Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US54912EAK91"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Salt Verde Financial Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Storey Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Storey Creek Community Development District, Series 2022</title>
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          <isin value="US86216CAF95"/>
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        <valUSD>240536.64000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Military Installation Development Authority</name>
        <lei>N/A</lei>
        <title>Military Installation Development Authority, Series 2021 A-2</title>
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          <isin value="US599772AE01"/>
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        <balance>7215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5717258.35000000</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>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Jacoby Farm Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US46984PAA57"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4287036.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Centerra Metropolitan District No. 1</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cordova Palms Community Development District</name>
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        <title>Cordova Palms Community Development District, Series 2022-2</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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      <invstOrSec>
        <name>Zephyr Lakes Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US98944TAF66"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series 2018</title>
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          <isin value="US64542UEU43"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Hammock Reserve Community Development District</name>
        <lei>N/A</lei>
        <title>Hammock Reserve Community Development District, Series 2020</title>
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          <isin value="US408348AD27"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>City of Celina TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
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      <invstOrSec>
        <name>Edgewater East Community Development District</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District, Series 2021</title>
        <cusip>280286AC9</cusip>
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          <isin value="US280286AC90"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.60000000</annualizedRt>
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      <invstOrSec>
        <name>City of San Marcos TX</name>
        <lei>N/A</lei>
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          <isin value="US798801AS57"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Palm Coast Park Community Development District</name>
        <lei>N/A</lei>
        <title>Palm Coast Park Community Development District, Series 2021</title>
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        <curCd>USD</curCd>
        <valUSD>929482.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Bridgewater North Community Development District</name>
        <lei>N/A</lei>
        <title>Bridgewater North Community Development District, Series 2022</title>
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          <isin value="US10865PAA57"/>
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        <curCd>USD</curCd>
        <valUSD>185559.58000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56036YDJ10"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Liberty Hill TX</name>
        <lei>N/A</lei>
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          <isin value="US530575AK56"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209359.94000000</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>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Industrial Development Authority of the County of Pima (The)</name>
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          <isin value="US72177MSV09"/>
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        <balance>1235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1095893.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lakeshore Villages Master Community Development District</name>
        <lei>N/A</lei>
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        <cusip>512098AF1</cusip>
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          <isin value="US512098AF18"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>337478.96000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US76882NAB82"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Red Oak TX</name>
        <lei>549300VOCS0JLIVKWD34</lei>
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          <isin value="US756848AD99"/>
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        <balance>665000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kindred Community Development District II</name>
        <lei>N/A</lei>
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          <isin value="US494581AG61"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364046.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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          <isin value="US14052TEA88"/>
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        <balance>10245000.00000000</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>2057-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.43000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
        <lei>5493004WIZ1HV87IVF85</lei>
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        <cusip>54628CHY1</cusip>
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          <isin value="US54628CHY12"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3044094.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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          <isin value="US50156CAR16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>City of Hutto TX</name>
        <lei>N/A</lei>
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          <isin value="US448529AF48"/>
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        <balance>260000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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      <invstOrSec>
        <name>Babcock Ranch Community Independent Special District</name>
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        <title>Babcock Ranch Community Independent Special District, Series 2021</title>
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        <balance>5250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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        <name>City of Ferris TX</name>
        <lei>N/A</lei>
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        <balance>1577000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cypress Bluff Community Development District</name>
        <lei>N/A</lei>
        <title>Cypress Bluff Community Development District, Series 2020 A</title>
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          <isin value="US232677AM62"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</annualizedRt>
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      <invstOrSec>
        <name>California Community College Financing Authority</name>
        <lei>N/A</lei>
        <title>California Community College Financing Authority, Series 2022 A</title>
        <cusip>13012TAG0</cusip>
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          <isin value="US13012TAG04"/>
          <other otherDesc="Inhouse Asset ID" value="1206057"/>
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        <balance>17500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Texas Transportation Commission State Highway 249 System</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Pilot Point TX</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>West Villages Improvement District</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <name>Leomas Landing Community Development District</name>
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        <name>North Park Isle Community Development District</name>
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        <name>Tobacco Securitization Authority of Southern California</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Tobacco Settlement Financing Corp.</name>
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        <name>Buckhead Trails Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US118217CW66"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Marshall Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Westside Haines City Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Eden Hills Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Park Isle Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-15</maturityDt>
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          <annualizedRt>5.50000000</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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        <name>Summer Woods Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tamarindo Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gracewater Sarasota Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>City of Celina TX</name>
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          <maturityDt>2032-09-01</maturityDt>
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        <name>Florida Development Finance Corp.</name>
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        <name>V-Dana Community Development District</name>
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        <name>River Landing Community Development District</name>
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        <name>Villages of Glen Creek Community Development District</name>
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        <invCountry>US</invCountry>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>Village at Dry Creek Metropolitan District No. 2 (The)</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>La Paz County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>East Nassau Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>West Villages Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>CSCDA Community Improvement Authority</name>
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        <invCountry>US</invCountry>
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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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      <invstOrSec>
        <name>Pine Isle Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US72265AAB26"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Villamar Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>River Hall Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>Cordova Palms Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Hammock Reserve Community Development District</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California Community Housing Agency</name>
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          <maturityDt>2046-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Wiregrass II Community Development District</name>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>Rampart Range Metropolitan District No. 5</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
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      <invstOrSec>
        <name>Silicon Valley Tobacco Securitization Authority</name>
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          <isin value="US82706TAC53"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
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      <invstOrSec>
        <name>Village Community Development District No. 13</name>
        <lei>N/A</lei>
        <title>Village Community Development District No. 13, Series 2021</title>
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      <invstOrSec>
        <name>Tahoe-Douglas Visitors Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lakeshore Villages Master Community Development District</name>
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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>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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        <name>Leon County Housing Finance Authority</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Mclendon-Chisholm TX</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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      <invstOrSec>
        <name>Kalamazoo Economic Development Corp.</name>
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          <isin value="US483228EB49"/>
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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>2031-08-15</maturityDt>
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      <invstOrSec>
        <name>Franklin County Industrial Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-01</maturityDt>
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      <invstOrSec>
        <name>Hammock Reserve Community Development District</name>
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        <title>Hammock Reserve Community Development District, Series 2022</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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      <invstOrSec>
        <name>Coral Keys Homes Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mission Rock Utilities, Inc.</name>
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        <fairValLevel>3</fairValLevel>
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        <name>City of Belleville IL Sales Tax Revenue</name>
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        <name>Broomfield Village Metropolitan District No. 2</name>
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        <name>County of Washington OH</name>
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        <name>Travis County Development Authority</name>
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        <name>Laurel Road Community Development District</name>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
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      <invstOrSec>
        <name>City of Anna TX</name>
        <lei>N/A</lei>
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          <maturityDt>2050-06-01</maturityDt>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mesquite Health Facilities Development Corp.</name>
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        <name>Berry Bay Community Development District</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Town of Flower Mound TX</name>
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        <name>Riverside County Transportation Commission</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Meadow View at Twin Creeks Community Development District</name>
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        <name>Sandridge Community Development District</name>
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        <name>CMFA Special Finance Agency</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>North AR-1 Pasco Community Development District</name>
        <lei>N/A</lei>
        <title>North AR-1 Pasco Community Development District, Series 2021</title>
        <cusip>65725AAB0</cusip>
        <identifiers>
          <isin value="US65725AAB08"/>
          <other otherDesc="Inhouse Asset ID" value="1148811"/>
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        <balance>285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245481.73000000</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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LT Ranch Community Development District</name>
        <lei>N/A</lei>
        <title>LT Ranch Community Development District</title>
        <cusip>54912EAF0</cusip>
        <identifiers>
          <isin value="US54912EAF07"/>
          <other otherDesc="Inhouse Asset ID" value="1225864"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120588.32000000</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>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>V-Dana Community Development District</name>
        <lei>N/A</lei>
        <title>V-Dana Community Development District, Series 2020</title>
        <cusip>91822RAD7</cusip>
        <identifiers>
          <isin value="US91822RAD70"/>
          <other otherDesc="Inhouse Asset ID" value="1095689"/>
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        <balance>3500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2698179.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>West Villages Improvement District</name>
        <lei>N/A</lei>
        <title>West Villages Improvement District, Series 2021</title>
        <cusip>956454BZ4</cusip>
        <identifiers>
          <isin value="US956454BZ44"/>
          <other otherDesc="Inhouse Asset ID" value="1140638"/>
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        <balance>1855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1439719.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tolomato Community Development District</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District, Series 2022-2</title>
        <cusip>889560EY0</cusip>
        <identifiers>
          <isin value="US889560EY04"/>
          <other otherDesc="Inhouse Asset ID" value="1187400"/>
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        <balance>665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>513463.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Avalon Groves Community Development District</name>
        <lei>N/A</lei>
        <title>Avalon Groves Community Development District, Series 2021</title>
        <cusip>05344CAU1</cusip>
        <identifiers>
          <isin value="US05344CAU18"/>
          <other otherDesc="Inhouse Asset ID" value="1150221"/>
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        <balance>360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258759.47000000</valUSD>
        <pctVal>0.004922915150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Indigo Community Development District</name>
        <lei>N/A</lei>
        <title>Indigo Community Development District, Series 2021</title>
        <cusip>45567RAE0</cusip>
        <identifiers>
          <isin value="US45567RAE09"/>
          <other otherDesc="Inhouse Asset ID" value="1164380"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>223915.32000000</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>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Reunion East Community Development District</name>
        <lei>N/A</lei>
        <title>Reunion East Community Development District, Series 2021</title>
        <cusip>761311AU3</cusip>
        <identifiers>
          <isin value="US761311AU39"/>
          <other otherDesc="Inhouse Asset ID" value="1155597"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>337195.28000000</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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hyde Park Community Development District No. 1</name>
        <lei>N/A</lei>
        <title>Hyde Park Community Development District No. 1, Series 2022</title>
        <cusip>448642AD0</cusip>
        <identifiers>
          <isin value="US448642AD00"/>
          <other otherDesc="Inhouse Asset ID" value="1190486"/>
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        <balance>2545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1952055.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Hutto TX</name>
        <lei>N/A</lei>
        <title>City of Hutto, Series 2021</title>
        <cusip>448529AB3</cusip>
        <identifiers>
          <isin value="US448529AB34"/>
          <other otherDesc="Inhouse Asset ID" value="1141589"/>
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        <balance>206000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172768.86000000</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>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Marble Falls TX</name>
        <lei>N/A</lei>
        <title>City of Marble Falls, Series 2021</title>
        <cusip>566035AG6</cusip>
        <identifiers>
          <isin value="US566035AG68"/>
          <other otherDesc="Inhouse Asset ID" value="1156522"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>849197.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Parkway Municipal Management District No. 1</name>
        <lei>N/A</lei>
        <title>North Parkway Municipal Management District No. 1, Series 2021</title>
        <cusip>661441AC9</cusip>
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          <isin value="US661441AC93"/>
          <other otherDesc="Inhouse Asset ID" value="1169894"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4624455.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 816</name>
        <lei>N/A</lei>
        <title>City of Las Vegas, Series 2021</title>
        <cusip>51779AAN9</cusip>
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          <isin value="US51779AAN90"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>469541.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Celebration Pointe Community Development District No. 1</name>
        <lei>N/A</lei>
        <title>Celebration Pointe Community Development District No. 1, Series 2021</title>
        <cusip>15102HAJ6</cusip>
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          <isin value="US15102HAJ68"/>
          <other otherDesc="Inhouse Asset ID" value="1169571"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>656543.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Scott County Community Development Agency</name>
        <lei>N/A</lei>
        <title>Scott County Community Development Agency, Series 2022 B</title>
        <cusip>80955PAC5</cusip>
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          <isin value="US80955PAC59"/>
          <other otherDesc="Inhouse Asset ID" value="1210079"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1216965.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Series E-4</title>
        <cusip>74526QD90</cusip>
        <identifiers>
          <isin value="US74526QD906"/>
          <other otherDesc="Inhouse Asset ID" value="639470"/>
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        <balance>1989499.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1551809.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Northern Palm Beach County Improvement District</name>
        <lei>N/A</lei>
        <title>Northern Palm Beach County, Series 2014</title>
        <cusip>665588QP7</cusip>
        <identifiers>
          <isin value="US665588QP78"/>
          <other otherDesc="Inhouse Asset ID" value="590938"/>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>North Carolina Medical Care Commission</name>
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        <name>New York Liberty Development Corp.</name>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <valUSD>4541598.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Rivers Edge III Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>North Carolina Medical Care Commission</name>
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        <name>New York Transportation Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>New York Transportation Development Corp.</name>
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        <name>City of Haslet TX</name>
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        <name>Scenic Terrace South Community Development District</name>
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        <name>Sierra Vista Industrial Development Authority</name>
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        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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      <invstOrSec>
        <name>City of Kyle TX</name>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <invCountry>PR</invCountry>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>Viridian Municipal Management District</name>
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      <invstOrSec>
        <name>Housing &amp; Redevelopment Authority of The City of St Paul Minnesota</name>
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      <invstOrSec>
        <name>Southshore Bay Community Development District</name>
        <lei>N/A</lei>
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          <maturityDt>2033-05-01</maturityDt>
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        <name>CalPlant I LLC</name>
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      <invstOrSec>
        <name>Rockland Tobacco Asset Securitization Corp.</name>
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          <isin value="US773684AM74"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>City of Princeton TX</name>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Collier County Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Union Park East Community Development District</name>
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        <name>Black Creek Community Development District</name>
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        <name>Bannon Lakes Community Development District</name>
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        <name>Tempe Industrial Development Authority</name>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Haslet TX</name>
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        <name>CalPlant I LLC</name>
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        <name>Cypress Bluff Community Development District</name>
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        <name>Grande Pines Community Development District</name>
        <lei>N/A</lei>
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          <maturityDt>2041-05-01</maturityDt>
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      <invstOrSec>
        <name>Summerstone Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US865711AF25"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Hutto TX</name>
        <lei>N/A</lei>
        <title>City of Hutto, Series 2021</title>
        <cusip>448529AK3</cusip>
        <identifiers>
          <isin value="US448529AK33"/>
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        <balance>392000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>333845.58000000</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>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sandmine Road Community Development District</name>
        <lei>N/A</lei>
        <title>Sandmine Road Community Development District, Series 2021</title>
        <cusip>800063AH2</cusip>
        <identifiers>
          <isin value="US800063AH24"/>
          <other otherDesc="Inhouse Asset ID" value="1170689"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>578365.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>California Community Housing Agency</name>
        <lei>N/A</lei>
        <title>California Community Housing Agency, Series 2022 B</title>
        <cusip>13013FBK9</cusip>
        <identifiers>
          <isin value="US13013FBK93"/>
          <other otherDesc="Inhouse Asset ID" value="1199452"/>
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        <balance>4400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3961056.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mississippi Home Corp.</name>
        <lei>549300FFY35B829JR607</lei>
        <title>Mississippi Home Corp., Series 2021 A-5</title>
        <cusip>60535NCR6</cusip>
        <identifiers>
          <isin value="US60535NCR61"/>
          <other otherDesc="Inhouse Asset ID" value="1145811"/>
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        <balance>7000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4638881.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>City of Elmendorf TX</name>
        <lei>N/A</lei>
        <title>City of Elmendorf, Series 2021</title>
        <cusip>28938TAD6</cusip>
        <identifiers>
          <isin value="US28938TAD63"/>
          <other otherDesc="Inhouse Asset ID" value="1160430"/>
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        <balance>1172000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>908670.00000000</valUSD>
        <pctVal>0.017287503755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>West Port Community Development District</name>
        <lei>N/A</lei>
        <title>West Port Community Development District, Series 2020</title>
        <cusip>95549GAG7</cusip>
        <identifiers>
          <isin value="US95549GAG73"/>
          <other otherDesc="Inhouse Asset ID" value="1126610"/>
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        <balance>1085000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>839655.24000000</valUSD>
        <pctVal>0.015974493616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Epperson Ranch II Community Development District</name>
        <lei>N/A</lei>
        <title>Epperson Ranch II Community Development District, Series 2020</title>
        <cusip>29429YAG2</cusip>
        <identifiers>
          <isin value="US29429YAG26"/>
          <other otherDesc="Inhouse Asset ID" value="1087960"/>
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        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>704340.77000000</valUSD>
        <pctVal>0.013400127336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rivington Community Development District</name>
        <lei>N/A</lei>
        <title>Rivington Community Development District, Series 2022</title>
        <cusip>769656AF6</cusip>
        <identifiers>
          <isin value="US769656AF67"/>
          <other otherDesc="Inhouse Asset ID" value="1191057"/>
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        <balance>430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>379631.48000000</valUSD>
        <pctVal>0.007222512723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mangrove Point &amp; Mangrove Manor Community Development District</name>
        <lei>N/A</lei>
        <title>Mangrove Point &amp; Mangrove Manor, Series 2022</title>
        <cusip>56271TAD2</cusip>
        <identifiers>
          <isin value="US56271TAD28"/>
          <other otherDesc="Inhouse Asset ID" value="1194789"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1251510.30000000</valUSD>
        <pctVal>0.023810061971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hawkstone Community Development District</name>
        <lei>N/A</lei>
        <title>Hawkstone Community Development District, Series 2021</title>
        <cusip>42034RAM4</cusip>
        <identifiers>
          <isin value="US42034RAM43"/>
          <other otherDesc="Inhouse Asset ID" value="1172386"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>780102.30000000</valUSD>
        <pctVal>0.014841495197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Somerset Community Development District</name>
        <lei>N/A</lei>
        <title>Somerset Community Development District, Series 2022</title>
        <cusip>834629AJ6</cusip>
        <identifiers>
          <isin value="US834629AJ69"/>
          <other otherDesc="Inhouse Asset ID" value="1195036"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>901938.40000000</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>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sanctuary Cove Community Development District</name>
        <lei>N/A</lei>
        <title>Sanctuary Cove Community Development District, Series 2021</title>
        <cusip>79971TAC9</cusip>
        <identifiers>
          <isin value="US79971TAC99"/>
          <other otherDesc="Inhouse Asset ID" value="1160960"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>283844.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>County of Washington OH</name>
        <lei>N/A</lei>
        <title>County of Washington, Series 2022</title>
        <cusip>938154DX6</cusip>
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          <isin value="US938154DX60"/>
          <other otherDesc="Inhouse Asset ID" value="1212737"/>
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        <balance>17000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16794286.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
        <lei>N/A</lei>
        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority, Series 2021 B</title>
        <cusip>745160TD3</cusip>
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          <isin value="US745160TD34"/>
          <other otherDesc="Inhouse Asset ID" value="1198643"/>
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        <balance>17705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17919058.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series 2020 A</title>
        <cusip>64542UFL3</cusip>
        <identifiers>
          <isin value="US64542UFL35"/>
          <other otherDesc="Inhouse Asset ID" value="1120263"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1993309.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Summerstone Community Development District</name>
        <lei>N/A</lei>
        <title>Summerstone Community Development District, Series 2021</title>
        <cusip>865711AH8</cusip>
        <identifiers>
          <isin value="US865711AH80"/>
          <other otherDesc="Inhouse Asset ID" value="1163378"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1351230.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Artisan Lakes East Community Development District</name>
        <lei>N/A</lei>
        <title>Artisan Lakes East Community Development District, Series 2021-2</title>
        <cusip>04316FAL1</cusip>
        <identifiers>
          <isin value="US04316FAL13"/>
          <other otherDesc="Inhouse Asset ID" value="1151085"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370169.79000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Princeton TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Charlotte County Industrial Development Authority</name>
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        <name>Johnson City Health &amp; Educational Facilities Board</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>Veranda Community Development District II</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Anna TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eden Hills Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Artisan Lakes East Community Development District</name>
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        <name>Astonia Community Development District</name>
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        <name>City of Hutto TX</name>
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        <name>City of Kyle TX</name>
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        <name>Berry Bay Community Development District</name>
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        <name>Cypress Park Estates Community Development District</name>
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          <maturityDt>2032-05-01</maturityDt>
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      <invstOrSec>
        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Triple Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Crandall TX</name>
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        <curCd>USD</curCd>
        <valUSD>1048463.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>River Glen Community Development District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>Storey Creek Community Development District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LTC Ranch West Residential Community Development District</name>
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          <isin value="US50218SAC52"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>950786.88000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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      <invstOrSec>
        <name>Lawson Dunes Community Development District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>940749.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Southern Groves Community Development District No. 5</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-05-01</maturityDt>
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        <name>Six Mile Creek Community Development District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Rowlett TX</name>
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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>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DG Farms Community Development District</name>
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          <isin value="US23290TAJ60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>City of Manor TX</name>
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          <maturityDt>2041-09-15</maturityDt>
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        <name>DG Farms Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Six Mile Creek Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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        <name>City of Sachse TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-15</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>CFM Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US15721RAJ59"/>
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        <balance>1265000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Murphy Creek Metropolitan District No. 4</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stellar North Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sandridge Community Development District</name>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-15</maturityDt>
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        <name>Kindred Community Development District II</name>
        <lei>N/A</lei>
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          <isin value="US494581AH45"/>
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        <balance>1810000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 611</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <name>LT Ranch Community Development District</name>
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          <isin value="US54912EAM57"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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        <name>Towne Park Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>Jefferson Center Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-12-01</maturityDt>
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        <name>Juban Trails Community Development District</name>
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        <name>Riverside County Transportation Commission</name>
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        <name>Washington State Housing Finance Commission</name>
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        <name>New Jersey Economic Development Authority</name>
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      <invstOrSec>
        <name>North Park Isle Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-11-01</maturityDt>
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      <invstOrSec>
        <name>City of Venus TX</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Astonia Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US04625DAC20"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Jefferson Center Metropolitan District No. 1</name>
        <lei>N/A</lei>
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          <isin value="US47248EAB83"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Sinton TX</name>
        <lei>N/A</lei>
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          <isin value="US829366AA16"/>
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        <balance>381000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>361231.97000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>175626.56000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Vermont Economic Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US92415TCB61"/>
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        <balance>2850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2101484.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westside Haines City Community Development District</name>
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        <title>Westside Haines City Community Development District, Series 2021</title>
        <cusip>96150AAA1</cusip>
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          <isin value="US96150AAA16"/>
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        <valUSD>231930.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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          <isin value="US64578CAH43"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25083305.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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          <isin value="US72178AAK88"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4020498.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Medical Care Commission</name>
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          <isin value="US65820YRS71"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1371755.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
        <title>City of Fort Worth, Series 2017</title>
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          <isin value="US349506AB15"/>
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        <balance>1270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1227117.82000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Verano No. 3 Community Development District</name>
        <lei>N/A</lei>
        <title>Verano No. 3 Community Development District, Series 2022</title>
        <cusip>92337NAG5</cusip>
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          <isin value="US92337NAG51"/>
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        <balance>1475000.00000000</balance>
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        <valUSD>1522461.22000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QD82</cusip>
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          <isin value="US74526QD823"/>
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        <balance>1989500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1551810.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Celina TX</name>
        <lei>N/A</lei>
        <title>City of Celina, Series 2021</title>
        <cusip>15114CDR2</cusip>
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          <isin value="US15114CDR25"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350410.09000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>Rivington Community Development District</name>
        <lei>N/A</lei>
        <title>Rivington Community Development District, Series 2022</title>
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          <isin value="US769656AG41"/>
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        <balance>4365000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Town of Lakewood Village TX</name>
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        <balance>2400000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Quail Roost Community Development District</name>
        <lei>N/A</lei>
        <title>Quail Roost Community Development District, Series 2021</title>
        <cusip>74737QAF4</cusip>
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          <isin value="US74737QAF46"/>
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        <balance>200000.00000000</balance>
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        <valUSD>163594.68000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>City of Sachse TX</name>
        <lei>N/A</lei>
        <title>City of Sachse, Series 2020</title>
        <cusip>785756AB3</cusip>
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          <isin value="US785756AB33"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350165.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Zephyr Lakes Community Development District</name>
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        <name>Village Community Development District No. 10</name>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Sunbridge Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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        <name>Quail Roost Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Karl's Farm Metropolitan District No. 2</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
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        <name>State of Illinois</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Buckhead Trails Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North Parkway Municipal Management District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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        <name>Sierra Vista Industrial Development Authority</name>
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          <isin value="US82652PAC77"/>
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        <fairValLevel>2</fairValLevel>
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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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        <name>County of Clark NV</name>
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        <name>Lawson Dunes Community Development District</name>
        <lei>N/A</lei>
        <title>Lawson Dunes Community Development District, Series 2022</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-15</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Six Mile Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Six Mile Creek Community Development District, Series 2021</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Manor TX</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>999293.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 814</name>
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        <title>City of Las Vegas, Series 2019</title>
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          <isin value="US51778UAS50"/>
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        <balance>740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>627491.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Children's Trust Fund</name>
        <lei>N/A</lei>
        <title>Children's Trust Fund</title>
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          <isin value="US16876QBF54"/>
          <other otherDesc="Inhouse Asset ID" value="260737"/>
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        <balance>9500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9476278.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rivington Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US769656AC37"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1354605.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Series 2013 A</title>
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          <isin value="US57583UXP82"/>
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        <balance>1284000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1324716.15000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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          <isin value="US742400AZ77"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>159698.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Liberty Hill TX</name>
        <lei>N/A</lei>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>643315.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Edgewater East Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US280286AG05"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3320022.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Medina TX</name>
        <lei>N/A</lei>
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          <isin value="US584735AG98"/>
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        <balance>1160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1061628.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Texas Transportation Commission State Highway 249 System</name>
        <lei>N/A</lei>
        <title>Texas Transportation Commission, Series 2019 A</title>
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          <isin value="US88283NAR35"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>801165.90000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Parkway Municipal Management District No. 1</name>
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          <isin value="US66144PAB85"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220556.75000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>City of Pilot Point TX</name>
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          <isin value="US721614AQ82"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>First Creek Village Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-12-01</maturityDt>
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      <invstOrSec>
        <name>City of Uhland TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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        <name>North Powerline Road Community Development District</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>County of Frederick MD</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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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>Village Community Development District No. 14</name>
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        <name>North Parkway Municipal Management District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kirkwood Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Six Mile Creek Community Development District</name>
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          <isin value="US83005TAZ03"/>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>City of Liberty Hill TX</name>
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        <name>Eden Hills Community Development District</name>
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        <name>Coddington Community Development District</name>
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        <name>DW Bayview Community Development District</name>
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        <name>Wind Meadows South Community Development District</name>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>2.95000000</annualizedRt>
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        <name>East 547 Community Development District</name>
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        <name>Parkview at Long Lake Ranch Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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        <name>Johnstown Plaza Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Villages of Glen Creek Community Development District</name>
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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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        <name>Michigan Strategic Fund</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-08-15</maturityDt>
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        <name>North River Ranch Community Development District</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>Gracewater Sarasota Community Development District</name>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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        <name>Michigan Tobacco Settlement Finance Authority</name>
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        <name>Mesquite Health Facilities Development Corp.</name>
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        <name>Chicago Board of Education</name>
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        <name>Boggy Branch Community Development District</name>
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        <name>Holly Hill Road East Community Development District</name>
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        <name>Mississippi Development Bank</name>
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        <name>Lower Petroglyphs Public Improvement District</name>
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        <name>LTC Ranch West Residential Community Development District</name>
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        <name>STC Metropolitan District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <isin value="US64542QBK85"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2051-08-15</maturityDt>
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      <invstOrSec>
        <name>City of Kaufman TX</name>
        <lei>N/A</lei>
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          <isin value="US486238AC27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sandmine Road Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US800063AE92"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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        <name>Capital Trust Agency, Inc.</name>
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          <isin value="US14054CEN56"/>
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      <invstOrSec>
        <name>Town of Flower Mound TX</name>
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          <isin value="US34348RAG56"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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          <isin value="US745160TH48"/>
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        <curCd>USD</curCd>
        <valUSD>2119361.00000000</valUSD>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Pilot Point TX</name>
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          <isin value="US721614AL95"/>
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        <curCd>USD</curCd>
        <valUSD>1403106.71000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-15</maturityDt>
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      <invstOrSec>
        <name>CFM Community Development District</name>
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          <isin value="US15721RAF38"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174828.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>9th Avenue Metropolitan District No. 2</name>
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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>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cleveland-Cuyahoga County Port Authority</name>
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          <isin value="US18611HAA32"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1176037.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
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        <title>California Pollution Control Financing Authority, Series 2018</title>
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          <isin value="US130536RF44"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1213395.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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        <name>Lakewood Ranch Stewardship District</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-01</maturityDt>
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        <name>Rustic Oaks Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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        <name>City of Hutto TX</name>
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          <isin value="US448529AC17"/>
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        <balance>519000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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          <isin value="US14054CDZ95"/>
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        <balance>100000.00000000</balance>
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          <maturityDt>2031-07-01</maturityDt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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          <isin value="US74529JQG30"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Seminole County Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US816686AK55"/>
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        <balance>425000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-15</maturityDt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc., Series 2021 A</title>
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          <isin value="US14054CEB19"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>376865.73000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <name>Sandmine Road Community Development District</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>County of Franklin OH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Steel Point Infrastructure Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Celebration Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>Scenic Highway Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Frederick MD</name>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>313026.01000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Farmville Industrial Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Six Mile Creek Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
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      <invstOrSec>
        <name>City of Royse City TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Clark NV</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Two Rivers North Community Development District</name>
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        <name>San Ysidro School District</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>North River Ranch Community Development District</name>
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        <name>West Villages Improvement District</name>
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          <isin value="US956454BW13"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>Southern Groves Community Development District No. 5</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>MidCity Improvement District</name>
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        <name>Cordova Palms Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kingman Gate Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dallas Area Municipal Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clear Creek Transit Metropolitan District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Franklin County Industrial Development Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>City of Princeton TX</name>
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        <name>Rhodine Road North Community Development District</name>
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        <name>Travis County Development Authority</name>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-09-15</maturityDt>
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      <invstOrSec>
        <name>Meadow View at Twin Creeks Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
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        <name>Downtown Doral South Community Development District</name>
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        <name>Parkview at Long Lake Ranch Community Development District</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <name>City of Aubrey TX</name>
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          <maturityDt>2032-09-01</maturityDt>
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      <invstOrSec>
        <name>Northwood Municipal Utility District No. 1</name>
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          <isin value="US668511BA52"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45204EVP05"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <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>Wyandotte County-Kansas City Unified Government</name>
        <lei>N/A</lei>
        <title>Wyandotte County-Kansas City Unified Government, Series 2018</title>
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          <isin value="US982707AA94"/>
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        <balance>1630000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Rolling Hills Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>Club Municipal Management District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>City of Ferris TX</name>
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          <maturityDt>2032-09-01</maturityDt>
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        <name>Henderson Local Improvement Districts</name>
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        <title>Henderson Local Improvement Districts, Series 2022</title>
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          <maturityDt>2051-09-01</maturityDt>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>North Parkway Municipal Management District No. 1</name>
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          <isin value="US661441AD76"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Coral Keys Homes Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US217898AC92"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
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          <isin value="US349506AC97"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Veranda Community Development District II</name>
        <lei>N/A</lei>
        <title>Veranda Community Development District II, Series 2021</title>
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          <isin value="US92338HAQ56"/>
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        <name>Lehigh County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Meadow View at Twin Creeks Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Village Community Development District No. 10</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-01</maturityDt>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakewood Ranch Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Maryland Economic Development Corp.</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>City of Rowlett TX</name>
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        <name>North Park Isle Community Development District</name>
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        <name>San Diego Unified School District</name>
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        <name>Lake Deer Community Development District</name>
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      <invstOrSec>
        <name>County of Grand Forks ND</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Viera Stewardship District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1257858.53000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Laurel Road Community Development District</name>
        <lei>N/A</lei>
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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>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
        <lei>N/A</lei>
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        <balance>1410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1386147.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>Union Park East Community Development District</name>
        <lei>N/A</lei>
        <title>Union Park East Community Development District, Series 2021</title>
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          <isin value="US907874AP67"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281425.95000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, Series 2021 A</title>
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          <isin value="US56681NGK72"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295929.03000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Lago Vista TX</name>
        <lei>5493004GT2GICXFJPF35</lei>
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          <isin value="US507081AV90"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267432.99000000</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>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Series 2021</title>
        <cusip>34061WAW4</cusip>
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          <isin value="US34061WAW47"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>421236.54000000</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>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brookstone Community Development District</name>
        <lei>N/A</lei>
        <title>Brookstone Community Development District, Series 2022</title>
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          <isin value="US114534AF72"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>319207.62000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
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          <isin value="US13057GAB59"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tern Bay Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US88088EAD13"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4987285.55000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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          <isin value="US15114CEJ99"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>231688.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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        <cusip>64542PCN3</cusip>
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          <isin value="US64542PCN33"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>49500.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Astonia Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US04625DAD03"/>
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        <balance>1370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1061310.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mirada II Community Development District</name>
        <lei>N/A</lei>
        <title>Mirada II Community Development District, Series 2021</title>
        <cusip>60463WAC7</cusip>
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          <isin value="US60463WAC73"/>
          <other otherDesc="Inhouse Asset ID" value="1131926"/>
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        <balance>2100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1589248.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Wiregrass II Community Development District</name>
        <lei>N/A</lei>
        <title>Wiregrass II Community Development District, Series 2020</title>
        <cusip>97655GAD0</cusip>
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          <isin value="US97655GAD07"/>
          <other otherDesc="Inhouse Asset ID" value="1121103"/>
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        <balance>1960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1493503.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Verano No. 3 Community Development District</name>
        <lei>N/A</lei>
        <title>Verano No. 3 Community Development District, Series 2021</title>
        <cusip>92337NAC4</cusip>
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          <isin value="US92337NAC48"/>
          <other otherDesc="Inhouse Asset ID" value="1143876"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>560469.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico, Series 2022 A-1</title>
        <cusip>74514L3R6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Mississippi Development Bank</name>
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        <name>Raindance Metropolitan District No. 1 Non-Potable Water System Revenue</name>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>Laurel Road Community Development District</name>
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      <invstOrSec>
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        <name>Raindance Metropolitan District No. 1 Non-Potable Water System Revenue</name>
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        <name>East 547 Community Development District</name>
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        <name>California Community Housing Agency</name>
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        <name>Veranda Community Development District II</name>
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        <name>Greeneway Improvement District</name>
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        <name>Mandarin Grove Community Development District</name>
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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Park East Community Development District</name>
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        <name>Louisiana Public Facilities Authority</name>
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        <name>Ocean Shores Local Improvement District</name>
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        <name>Farmville Industrial Development Authority</name>
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          <maturityDt>2043-01-01</maturityDt>
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      <invstOrSec>
        <name>City of Sioux Falls SD</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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        <name>Laurel Road Community Development District</name>
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        <name>Cleveland-Cuyahoga County Port Authority</name>
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      <invstOrSec>
        <name>Brightwater Community Development District</name>
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        <name>City of Belleville IL Sales Tax Revenue</name>
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      <invstOrSec>
        <name>Tobacco Securitization Authority of Southern California</name>
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        <name>MidCity Improvement District</name>
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        <name>City of Rowlett TX</name>
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        <name>Palmdale Elementary School District</name>
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        <name>Iowa Finance Authority</name>
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      <invstOrSec>
        <name>East Bonita Beach Road Community Development District</name>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
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      <invstOrSec>
        <name>Sierra Vista Industrial Development Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Sunbridge Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Dayton TX</name>
        <lei>N/A</lei>
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        <balance>1464000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
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        <name>Military Installation Development Authority</name>
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          <isin value="US599772AC45"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Oak Point TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>Southglenn Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Waterfront at Foster Lake Metropolitan District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
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        <name>Viera Stewardship District</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>Capital Trust Agency, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Willows Community Development District</name>
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        <balance>385000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-01</maturityDt>
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        <name>Zephyr Lakes Community Development District</name>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>Laurel Road Community Development District</name>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>Bent Grass Metropolitan District</name>
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        <name>Allison Valley Metropolitan District No. 2</name>
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        <name>Indigo Community Development District</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
        <lei>5493004WIZ1HV87IVF85</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Parrish Plantation Community Development District</name>
        <lei>N/A</lei>
        <title>Parrish Plantation Community Development District, Series 2022</title>
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        <curCd>USD</curCd>
        <valUSD>1225034.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Cedar Bayou Navigation District</name>
        <lei>N/A</lei>
        <title>Cedar Bayou Navigation District, Series 2020</title>
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          <isin value="US15005CAB28"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6119960.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Port Tampa Bay Community Development District</name>
        <lei>N/A</lei>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>441934.85000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kalamazoo Economic Development Corp.</name>
        <lei>N/A</lei>
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          <isin value="US483228DY50"/>
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        <balance>8860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7203192.40000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North AR-1 Pasco Community Development District</name>
        <lei>N/A</lei>
        <title>North AR-1 Pasco Community Development District, Series 2021</title>
        <cusip>65725AAA2</cusip>
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          <isin value="US65725AAA25"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134218.95000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Storey Park Community Development District</name>
        <lei>N/A</lei>
        <title>Storey Park Community Development District, Series 2021</title>
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          <isin value="US86216RAP47"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193197.15000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Epperson North Community Development District</name>
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        <title>Epperson North Community Development District, Series 2021 A</title>
        <cusip>29429VAK9</cusip>
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          <isin value="US29429VAK98"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132105.43000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brookstone Community Development District</name>
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          <isin value="US114534AH39"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1718063.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>City of Lavon TX</name>
        <lei>N/A</lei>
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          <isin value="US51946PBY97"/>
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        <balance>5295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4178399.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QA696"/>
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        <balance>29750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22535625.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Seminole County Industrial Development Authority</name>
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        <title>Seminole County Industrial Development Authority, Series 2021 A</title>
        <cusip>816686AJ8</cusip>
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          <isin value="US816686AJ82"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>264947.73000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
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        <cusip>13080SML5</cusip>
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          <isin value="US13080SML50"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
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          <isin value="US38611TAQ04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tulsa County Industrial Authority</name>
        <lei>549300WEYXBXLGN1E271</lei>
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          <isin value="US899530BA68"/>
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        <valUSD>10284136.67000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Anna TX</name>
        <lei>N/A</lei>
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        <cusip>035713AJ5</cusip>
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          <isin value="US035713AJ52"/>
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        <balance>157000.00000000</balance>
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        <valUSD>142436.02000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
        <lei>N/A</lei>
        <title>City of Midlothian, Series 2021</title>
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          <isin value="US59785RAG20"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>517808.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District, Series 2021</title>
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          <isin value="US51265KFE38"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>526067.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 812</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Celina TX</name>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 610</name>
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        <name>Wind Meadows South Community Development District</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.35000000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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          <isin value="US64542UFA79"/>
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        <balance>4400000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Shingle Creek at Bronson Community Development District</name>
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          <isin value="US82459NAB91"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>City of Marble Falls TX</name>
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          <isin value="US566035AK70"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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        <name>Upper Illinois River Valley Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
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      <invstOrSec>
        <name>Lakeshore Villages Master Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Preserve at South Branch Community Development District</name>
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          <isin value="US74082PAL40"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>Capital Trust Agency, Inc.</name>
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          <isin value="US14052WDK09"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Princeton TX</name>
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        <balance>518000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of Fate TX</name>
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        <name>Southeastern Ohio Port Authority</name>
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        <name>State of Nevada Department of Business &amp; Industry</name>
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          <maturityDt>2027-12-15</maturityDt>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <name>Enbrook Community Development District</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>City of Detroit MI Sewage Disposal System Revenue</name>
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      <invstOrSec>
        <name>City of Kaufman TX</name>
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        <name>City of Manor TX</name>
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          <maturityDt>2031-09-15</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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        <name>Southern Groves Community Development District No. 5</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>DW Bayview Community Development District</name>
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        <name>Saddle Creek Preserve of Polk County Community Development District</name>
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        <invCountry>US</invCountry>
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        <name>Lakewood Ranch Stewardship District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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      <invstOrSec>
        <name>Wind Meadows South Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>Rolling Oaks Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>County of Grand Forks ND</name>
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        <name>City of Oak Point TX</name>
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        <name>Boggy Branch Community Development District</name>
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        <name>Mississippi Home Corp.</name>
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        <name>Hills of Minneola Community Development District</name>
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        <name>Trevesta Community Development District</name>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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        <name>Public Finance Authority</name>
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        <name>Franklin County Industrial Development Authority</name>
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        <name>Johnson City Health &amp; Educational Facilities Board</name>
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        <name>Winrock Town Center Tax Increment Development District No. 1</name>
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        <name>St Johns County Industrial Development Authority</name>
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        <name>Prairie Center Metropolitan District No. 7</name>
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        <name>Greenways Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
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          <maturityDt>2031-06-15</maturityDt>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Celina TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Leomas Landing Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illinois Finance Authority</name>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>CSCDA Community Improvement Authority</name>
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        <name>Astonia Community Development District</name>
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        <name>Lakewood Ranch Stewardship District</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>Capital Trust Agency, Inc.</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>Villages of Glen Creek Community Development District</name>
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          <isin value="US92716AAM18"/>
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          <maturityDt>2027-05-01</maturityDt>
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        <name>Viera Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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        <name>Plaza Metropolitan District No. 1</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>River Hall Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DIATC Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triple Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>San Diego Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>City of Sinton TX</name>
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        <name>Belmont II Community Development District</name>
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        <name>Farmville Industrial Development Authority</name>
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        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-15</maturityDt>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
        <title>City of Celina, Series 2021</title>
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          <isin value="US15114CEM29"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tradition Community Development District No. 9</name>
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        <name>Steel Point Infrastructure Improvement District</name>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
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        <name>West Villages Improvement District</name>
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        <name>Michigan Finance Authority</name>
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        <name>Aviary at Rutland Ranch Community Development District</name>
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        <name>Public Finance Authority</name>
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        <name>Stoneybrook South Community Development District</name>
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        <name>North AR-1 Pasco Community Development District</name>
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        <name>Cypress Park Estates Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Red Oak TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Timber Creek Southwest Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Oak Point TX</name>
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        <balance>1170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>962030.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-01</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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        <name>Wiregrass II Community Development District</name>
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        <balance>645000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>566505.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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        <name>Commonwealth of Puerto Rico</name>
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        <curCd>USD</curCd>
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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>Six Mile Creek Community Development District</name>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214912.98000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>Northern Palm Beach County Improvement District</name>
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        <balance>750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US76882NAA00"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>151824.37000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052BPR95"/>
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        <curCd>USD</curCd>
        <valUSD>215550.63000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-15</maturityDt>
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      <invstOrSec>
        <name>Meadow View at Twin Creeks Community Development District</name>
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          <isin value="US583188BB21"/>
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        <balance>225000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Fallschase Community Development District</name>
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          <isin value="US306748AC87"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>761656.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59261AG500"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-11-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Osceola Village Center Community Development District</name>
        <lei>N/A</lei>
        <title>Osceola Village Center Community Development District, Series 2021</title>
        <cusip>688100AC0</cusip>
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          <isin value="US688100AC07"/>
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        <balance>370000.00000000</balance>
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        <valUSD>269885.36000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>Sunbridge Stewardship District</name>
        <lei>N/A</lei>
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          <isin value="US86709HAD70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Belmont II Community Development District</name>
        <lei>N/A</lei>
        <title>Belmont II Community Development District, Series 2020</title>
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          <isin value="US080382AH76"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>778101.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>La Paz County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 812</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <valUSD>391836.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <name>Veranda Community Development District II</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>Tempe Industrial Development Authority</name>
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        <name>V-Dana Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>Tohoqua Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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        <name>Cypress Park Estates Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Pine Isle Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-15</maturityDt>
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        <name>Chapel Crossings Community Development District</name>
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        <name>Avalon Park West Community Development District</name>
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        <name>City of Fate TX</name>
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        <name>Cleveland-Cuyahoga County Port Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tohoqua Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
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      <invstOrSec>
        <name>Saddle Creek Preserve of Polk County Community Development District</name>
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        <name>Veranda Community Development District II</name>
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        <name>City of Manor TX</name>
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        <name>Aurora Crossroads Metropolitan District No. 2</name>
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        <name>Quail Roost Community Development District</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>Maricopa County Industrial Development Authority</name>
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        <name>West Villages Improvement District</name>
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        <name>Astonia Community Development District</name>
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        <name>Denver International Business Center Metropolitan District No. 1</name>
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        <name>Grand Oaks Community Development District</name>
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        <valUSD>2934654.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
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        <valUSD>92084.05000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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        <name>Sunbridge Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
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          <annualizedRt>5.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
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        <balance>2150000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
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        <name>North AR-1 Pasco Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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        <name>Forest Lake Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stillwater Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Banning Lewis Ranch Regional Metropolitan District No. 1</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>Viridian Municipal Management District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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        <name>Tolomato Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>San Mateo Union High School District</name>
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        <name>CSCDA Community Improvement Authority</name>
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        <name>Commonwealth of Puerto Rico</name>
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        <invCountry>PR</invCountry>
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        <name>Lakes of Sarasota Community Development District</name>
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        <name>Illinois Finance Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-01</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>Allentown Neighborhood Improvement Zone Development Authority</name>
        <lei>N/A</lei>
        <title>Allentown Neighborhood Improvement Zone Development Authority, Series 2018</title>
        <cusip>018444BF5</cusip>
        <identifiers>
          <isin value="US018444BF57"/>
          <other otherDesc="Inhouse Asset ID" value="952318"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4682795.00000000</valUSD>
        <pctVal>0.089090468651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>Edgewater East Community Development District</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District, Series 2021</title>
        <cusip>280286AA3</cusip>
        <identifiers>
          <isin value="US280286AA35"/>
          <other otherDesc="Inhouse Asset ID" value="1135458"/>
        </identifiers>
        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>393240.01000000</valUSD>
        <pctVal>0.007481415860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>Commonwealth of Puerto Rico</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico, Series 2022 A-1</title>
        <cusip>74514L3J4</cusip>
        <identifiers>
          <isin value="US74514L3J47"/>
          <other otherDesc="Inhouse Asset ID" value="1192564"/>
        </identifiers>
        <balance>1648225.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1693033.48000000</valUSD>
        <pctVal>0.032210068169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>City of Lavon TX</name>
        <lei>N/A</lei>
        <title>City of Lavon, Series 2022</title>
        <cusip>51946PBW3</cusip>
        <identifiers>
          <isin value="US51946PBW32"/>
          <other otherDesc="Inhouse Asset ID" value="1187418"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>866630.50000000</valUSD>
        <pctVal>0.016487699630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>Hammock Reserve Community Development District</name>
        <lei>N/A</lei>
        <title>Hammock Reserve Community Development District, Series 2022</title>
        <cusip>408348AK6</cusip>
        <identifiers>
          <isin value="US408348AK69"/>
          <other otherDesc="Inhouse Asset ID" value="1195195"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>476227.55000000</valUSD>
        <pctVal>0.009060259015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</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 Medina TX</name>
        <lei>N/A</lei>
        <title>County of Medina, Series 2021</title>
        <cusip>584735AF1</cusip>
        <identifiers>
          <isin value="US584735AF16"/>
          <other otherDesc="Inhouse Asset ID" value="1137930"/>
        </identifiers>
        <balance>780000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>712430.32000000</valUSD>
        <pctVal>0.013554031532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</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>
      <invstOrSec>
        <name>Kalamazoo Economic Development Corp.</name>
        <lei>N/A</lei>
        <title>Kalamazoo Economic Development Corp., Series 2020 A</title>
        <cusip>483228DX7</cusip>
        <identifiers>
          <isin value="US483228DX77"/>
          <other otherDesc="Inhouse Asset ID" value="1110656"/>
        </identifiers>
        <balance>1120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>967698.48000000</valUSD>
        <pctVal>0.018410524290</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DW Bayview Community Development District</name>
        <lei>N/A</lei>
        <title>DW Bayview Community Development District, Series 2021</title>
        <cusip>23342SAA5</cusip>
        <identifiers>
          <isin value="US23342SAA50"/>
          <other otherDesc="Inhouse Asset ID" value="1133271"/>
        </identifiers>
        <balance>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>307989.52000000</valUSD>
        <pctVal>0.005859519939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-12-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Tax Free Trust</ncom:nameOfApplicant>
      <ncom:signature>Jeffrey W. White </ncom:signature>
      <ncom:signerName>Jeffrey W. White </ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
