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        <name>Epperson Ranch II 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>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-15</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
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        <name>Utah Charter School Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verano No. 4 Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Karl's Farm Metropolitan District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Entrada Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>Hawkstone Community Development District</name>
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        <name>City of Lago Vista TX</name>
        <lei>5493004GT2GICXFJPF35</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Franklin County Industrial Development Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2054-12-01</maturityDt>
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      <invstOrSec>
        <name>Epperson North 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>Sorrento Pines Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US83587TAC71"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Silver Palms West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stonewater Community Development District</name>
        <lei>N/A</lei>
        <title>Stonewater Community Development District, Series 2021</title>
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          <isin value="US861886AB50"/>
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        <curCd>USD</curCd>
        <valUSD>213448.60000000</valUSD>
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        <invCountry>US</invCountry>
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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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      <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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        <curCd>USD</curCd>
        <valUSD>18891.47000000</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>Buckhead Trails Community Development District</name>
        <lei>N/A</lei>
        <title>Buckhead Trails Community Development District, Series 2022</title>
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          <isin value="US11836UAC45"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>985868.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Villages Improvement District</name>
        <lei>N/A</lei>
        <title>West Villages Improvement District, Series 2023</title>
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          <isin value="US956454CF70"/>
          <other otherDesc="Inhouse Asset ID" value="1242725"/>
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        <balance>2005000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2009273.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Tomball TX</name>
        <lei>N/A</lei>
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          <isin value="US889858AA49"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297452.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tradition Community Development District No. 9</name>
        <lei>N/A</lei>
        <title>Tradition Community Development District No. 9, Series 2021</title>
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          <isin value="US89269NAA63"/>
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        <balance>295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>278777.86000000</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>2.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakes at Bella Lago Community Development District</name>
        <lei>N/A</lei>
        <title>Lakes at Bella Lago Community Development District, Series 2023-1</title>
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          <isin value="US51206LAC28"/>
          <other otherDesc="Inhouse Asset ID" value="1288187"/>
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        <balance>1905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1904818.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Constitution Heights Metropolitan District</name>
        <lei>N/A</lei>
        <title>Constitution Heights Metropolitan District, Series 2020</title>
        <cusip>210402AA1</cusip>
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          <isin value="US210402AA15"/>
          <other otherDesc="Inhouse Asset ID" value="1075640"/>
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        <balance>1760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1586543.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Stoneybrook South at Championsgate Community Development District</name>
        <lei>N/A</lei>
        <title>Stoneybrook South at Championsgate Community Development District, Series 2023</title>
        <cusip>86203JAJ1</cusip>
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          <isin value="US86203JAJ16"/>
          <other otherDesc="Inhouse Asset ID" value="1240282"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110037.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
        <title>City of Celina, Series 2022</title>
        <cusip>15114CEU4</cusip>
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          <isin value="US15114CEU45"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>879874.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Chapel Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Chapel Creek Community Development District, Series 2021</title>
        <cusip>15942MAE0</cusip>
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          <isin value="US15942MAE03"/>
          <other otherDesc="Inhouse Asset ID" value="1148767"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218967.40000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tuckers Pointe Community Development District</name>
        <lei>N/A</lei>
        <title>Tuckers Pointe Community Development District, Series 2022</title>
        <cusip>898691AB6</cusip>
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          <isin value="US898691AB65"/>
          <other otherDesc="Inhouse Asset ID" value="1189051"/>
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        <balance>565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>498942.46000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>Cordova Palms Community Development District</name>
        <lei>N/A</lei>
        <title>Cordova Palms Community Development District, Series 2022-1</title>
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          <isin value="US21864YAH99"/>
          <other otherDesc="Inhouse Asset ID" value="1203118"/>
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        <balance>665000.00000000</balance>
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        <valUSD>667037.69000000</valUSD>
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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>5.80000000</annualizedRt>
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      <invstOrSec>
        <name>Celebration Community Development District</name>
        <lei>N/A</lei>
        <title>Celebration Community Development District, Series 2021</title>
        <cusip>151001EC4</cusip>
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          <isin value="US151001EC44"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94086.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
        <title>City of Kyle, Series 2021</title>
        <cusip>50156CAP5</cusip>
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          <isin value="US50156CAP59"/>
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        <balance>224000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204524.21000000</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>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Manor TX</name>
        <lei>N/A</lei>
        <title>City of Manor, Series 2021</title>
        <cusip>564099AJ8</cusip>
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          <isin value="US564099AJ89"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99385.65000000</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>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Public Finance Authority</name>
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        <name>Storey Drive Community Development District</name>
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        <name>Avalon Groves Community Development District</name>
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        <name>Public Finance Authority</name>
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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>West Villages Improvement District</name>
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        <name>Westwood of Pasco Community Development District</name>
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      <invstOrSec>
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        <curCd>USD</curCd>
        <valUSD>6442477.76000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US744396GG19"/>
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        <curCd>USD</curCd>
        <valUSD>276281.01000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kingman Gate Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US495742AD00"/>
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        <curCd>USD</curCd>
        <valUSD>1892856.07000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cross Creek North Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US227521AH42"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1528470.13000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
        <title>City of Royse City, Series 2022</title>
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          <isin value="US780870BL40"/>
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        <balance>1267000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1274860.72000000</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>6.00000000</annualizedRt>
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        <securityLending>
          <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 2020</title>
        <cusip>05616KBB5</cusip>
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          <isin value="US05616KBB52"/>
          <other otherDesc="Inhouse Asset ID" value="1111168"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38713.16000000</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>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Series 2020</title>
        <cusip>650116CW4</cusip>
        <identifiers>
          <isin value="US650116CW45"/>
          <other otherDesc="Inhouse Asset ID" value="1085261"/>
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        <balance>12950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13199563.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <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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        <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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        <title>City of Las Vegas, Series 2015</title>
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          <isin value="US517784AS37"/>
          <other otherDesc="Inhouse Asset ID" value="618836"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>983122.18000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Idaho Housing &amp; Finance Association</name>
        <lei>5493002WM3NYB1LQB744</lei>
        <title>Idaho Housing &amp; Finance Association, Series 2010 A</title>
        <cusip>45130CAB7</cusip>
        <identifiers>
          <isin value="US45130CAB72"/>
          <other otherDesc="Inhouse Asset ID" value="483883"/>
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        <balance>13305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13326414.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Polk County Hospital Facility Authority</name>
        <lei>N/A</lei>
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          <isin value="US731347AF70"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2725320.15000000</valUSD>
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        <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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      <invstOrSec>
        <name>City of Mclendon-Chisholm TX</name>
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          <isin value="US582153BD30"/>
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        <balance>865000.00000000</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>2051-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Series 2015 A</title>
        <cusip>13048TWM1</cusip>
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          <isin value="US13048TWM16"/>
          <other otherDesc="Inhouse Asset ID" value="607812"/>
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        <balance>17400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17479211.76000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <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>208471.93000000</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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        <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 2017</title>
        <cusip>64542UDW1</cusip>
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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>4473925.00000000</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>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <cusip>66285WHD1</cusip>
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          <isin value="US66285WHD11"/>
          <other otherDesc="Inhouse Asset ID" value="492250"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3643179.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <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"/>
          <other otherDesc="Inhouse Asset ID" value="1186138"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1154084.13000000</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>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York City Municipal Water Finance Authority</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority, Series BB-1A</title>
        <cusip>64972GMJ0</cusip>
        <identifiers>
          <isin value="US64972GMJ03"/>
          <other otherDesc="Inhouse Asset ID" value="670078"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1900000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.89999945</annualizedRt>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Six Mile Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>California Statewide Communities Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Bannon Lakes Community Development District</name>
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          <isin value="US066697AF02"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>545969.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <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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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>848334.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
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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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        <name>Summerstone Community Development District</name>
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          <isin value="US865711AB11"/>
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        <valUSD>154239.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Venus 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>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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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>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Capital Trust Agency, Inc.</name>
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          <isin value="US14054CEC91"/>
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        <fairValLevel>2</fairValLevel>
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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>Savanna Lakes Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-15</maturityDt>
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        <name>Grove Resort Community Development District</name>
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        <name>City of Celina TX</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>Cleveland Housing Authority</name>
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          <isin value="US18655HAB87"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Avalon Park West Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US05346TAE82"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sunbridge Stewardship District</name>
        <lei>N/A</lei>
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          <isin value="US86709HAE53"/>
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        <valUSD>333885.64000000</valUSD>
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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>
          <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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          <isin value="US51778VAN47"/>
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        <curCd>USD</curCd>
        <valUSD>939806.90000000</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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, Series 2018 A</title>
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          <isin value="US56681NCV73"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5183330.50000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <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>
        <lei>N/A</lei>
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          <isin value="US530575AN95"/>
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        <balance>1705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1368368.21000000</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>1163840.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Utah Charter School Finance Authority</name>
        <lei>N/A</lei>
        <title>Utah Charter School Finance Authority, Series 2020 A</title>
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          <isin value="US91754TYQ02"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446773.79000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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          <isin value="US50156CAU45"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>455117.85000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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="US583188AZ08"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451238.31000000</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>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Entrada Community Development District</name>
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        <title>Entrada Community Development District, Series 2021</title>
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          <isin value="US29384HAD98"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1763879.43000000</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>New Port Tampa Bay Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US648149AC61"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252307.77000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <title>City of Celina, Series 2023</title>
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          <isin value="US15114CGC29"/>
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        <balance>1549000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1534538.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Anna TX</name>
        <lei>N/A</lei>
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        <cusip>035713AK2</cusip>
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          <isin value="US035713AK26"/>
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        <balance>503000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>454002.92000000</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>
        <title>West Port Community Development District, Series 2021</title>
        <cusip>95549GAK8</cusip>
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          <isin value="US95549GAK85"/>
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        <balance>570000.00000000</balance>
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        <valUSD>499245.67000000</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>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banyan Cay Community Development District</name>
        <lei>N/A</lei>
        <title>Banyan Cay Community Development District, Series 2020 NM</title>
        <cusip>06683YAB2</cusip>
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          <isin value="US06683YAB20"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2295821.10000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Johnstown Farms East Metropolitan District</name>
        <lei>N/A</lei>
        <title>Johnstown Farms East Metropolitan District, Series 2021</title>
        <cusip>47953AAA3</cusip>
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          <isin value="US47953AAA34"/>
          <other otherDesc="Inhouse Asset ID" value="1169854"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1238419.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Forest Lake Community Development District</name>
        <lei>N/A</lei>
        <title>Forest Lake Community Development District, Series 2022</title>
        <cusip>34585PAH9</cusip>
        <identifiers>
          <isin value="US34585PAH91"/>
          <other otherDesc="Inhouse Asset ID" value="1198252"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>276482.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Public Finance Authority</name>
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        <name>California Community Housing Agency</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Westview South Community Development District</name>
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        <name>Artisan Lakes East Community Development District</name>
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        <name>City of Celina TX</name>
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        <name>Westview North Community Development District</name>
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        <name>LT Ranch Community Development District</name>
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          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Cordoba Ranch Community Development District</name>
        <lei>N/A</lei>
        <title>Cordoba Ranch Community Development District, Series 2021</title>
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          <isin value="US21853FAF71"/>
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        <curCd>USD</curCd>
        <valUSD>756636.09000000</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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Club Municipal Management District No. 1</name>
        <lei>N/A</lei>
        <title>Club Municipal Management District No. 1, Series 2021</title>
        <cusip>18948PAF8</cusip>
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          <isin value="US18948PAF80"/>
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        <balance>1006000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>759384.73000000</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>3.25000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Lehigh County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Lehigh County Industrial Development Authority, Series 2021 A</title>
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          <isin value="US52481MAA80"/>
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        <balance>680000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>632633.38000000</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>4.00000000</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 2023</title>
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          <isin value="US15114CGA62"/>
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        <balance>1851000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1790337.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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="US119126AD28"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1138155.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <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>597885.69000000</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>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Henderson Local Improvement Districts</name>
        <lei>N/A</lei>
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          <isin value="US425208QG37"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>574356.37000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of 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>297302.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</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"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3886410.00000000</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>2042-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hills of Minneola Community Development District</name>
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        <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>910875.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <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>City of San Marcos TX</name>
        <lei>N/A</lei>
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          <isin value="US798801AV86"/>
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        <balance>1621000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1356442.75000000</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>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>744396GJ5</cusip>
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          <isin value="US744396GJ57"/>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1034021.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <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"/>
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        <balance>475000.00000000</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>2037-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QD74</cusip>
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          <isin value="US74526QD740"/>
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        <balance>6000000.00000000</balance>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-01</maturityDt>
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          <annualizedRt>10.00000000</annualizedRt>
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        <name>North Powerline Road Community Development District</name>
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          <isin value="US66173PAF36"/>
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        <balance>250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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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>837669.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <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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      <invstOrSec>
        <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>1476377.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>City of Hutto TX</name>
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        <name>Village Community Development District No. 13</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stoneybrook South at Championsgate Community Development District</name>
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      <invstOrSec>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Puerto Rico Electric Power Authority</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2059-07-01</maturityDt>
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        <name>City of Lavon TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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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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        <name>Cypress Park Estates Community Development District</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <name>City of Midlothian TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <name>Wind Meadows South Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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        <name>Babcock Ranch Community Independent Special District</name>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Avenir Community Development District</name>
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          <isin value="US05357JAR77"/>
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        <balance>3755000.00000000</balance>
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        <name>Westview North Community Development District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Village Metropolitan District (The)</name>
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          <isin value="US92708CAB19"/>
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        <curCd>USD</curCd>
        <valUSD>1045736.34000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <name>Chapel Creek Community Development District</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>Harmony West Community Development District</name>
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          <isin value="US413305AH65"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Currents 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>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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        <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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          <maturityDt>2037-12-15</maturityDt>
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        <name>West Villages Improvement District</name>
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          <maturityDt>2053-05-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-09-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>City of Midlothian TX</name>
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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>
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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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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>County of Medina TX</name>
        <lei>N/A</lei>
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          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Astonia Community Development District</name>
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        <curCd>USD</curCd>
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          <maturityDt>2043-06-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>County of Burleigh ND</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>2046-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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      <invstOrSec>
        <name>Celebration Pointe Community Development District No. 1</name>
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          <isin value="US15102HAK32"/>
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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>Henderson Local Improvement Districts</name>
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          <isin value="US425208UL75"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tamarindo Community Development District</name>
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          <isin value="US875056AB96"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>162007.68000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Grand Oaks Community Development District</name>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>426379.47000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <balance>767000.00000000</balance>
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        <valUSD>758913.29000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-09-01</maturityDt>
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        <name>Rhodine Road North Community Development District</name>
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          <isin value="US762402AG01"/>
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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>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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          <isin value="US155498BF45"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
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          <isin value="US51265KEH77"/>
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        <balance>1075000.00000000</balance>
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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>3.62500000</annualizedRt>
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        <name>Anabelle Island Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US03235SAC35"/>
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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>City of Celina TX</name>
        <lei>N/A</lei>
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          <isin value="US15114CDF86"/>
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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>4.00000000</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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>First Creek Village Metropolitan District</name>
        <lei>N/A</lei>
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          <isin value="US319617AC05"/>
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        <name>Illinois Finance Authority</name>
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        <name>Scenic Highway Community Development District</name>
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        <name>Public Finance Authority</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>County of Jefferson AL Sewer Revenue</name>
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        <name>River Place on the St Lucie Community Development District</name>
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          <annualizedRt>2.50000000</annualizedRt>
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        <name>Bridgewater North Community Development District</name>
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        <name>Hawkstone Community Development District</name>
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        <name>Tulsa County Industrial Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Tern Bay Community Development District</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Belmond Reserve Community Development District</name>
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        <name>Meadow View at Twin Creeks Community Development District</name>
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        <name>Sherwood Manor Community Development District</name>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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          <maturityDt>2032-09-15</maturityDt>
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        <name>Cypress Park Estates Community Development District</name>
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          <maturityDt>2051-05-01</maturityDt>
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      <invstOrSec>
        <name>Texas Transportation Commission State Highway 249 System</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Anabelle Island Community Development District</name>
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        <name>Johnson City Health &amp; Educational Facilities Board</name>
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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>Twisted Oaks Pointe Community Development District</name>
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        <name>West Port Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>Children's Trust Fund</name>
        <lei>N/A</lei>
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          <isin value="US16876QBG38"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2512552.25000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <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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      <invstOrSec>
        <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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Holly Hill Road East Community Development District</name>
        <lei>N/A</lei>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>347912.46000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>River Glen Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US76830AAQ67"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>305738.06000000</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>3.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QA936"/>
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        <balance>25000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6875000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Evan's Place Metropolitan District</name>
        <lei>N/A</lei>
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        <cusip>299192AA2</cusip>
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          <isin value="US299192AA20"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>513189.82000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakeshore Villages Master Community Development District</name>
        <lei>N/A</lei>
        <title>Lakeshore Villages Master Community Development District, Series 2021</title>
        <cusip>512098AG9</cusip>
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          <isin value="US512098AG90"/>
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        <balance>695000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>597191.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tradition Community Development District No. 9</name>
        <lei>N/A</lei>
        <title>Tradition Community Development District No. 9, Series 2021</title>
        <cusip>89269NAB4</cusip>
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          <isin value="US89269NAB47"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381569.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>Village of Villa Park IL</name>
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          <isin value="US927023AA96"/>
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        <balance>1815000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-31</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Brightwater Community Development District</name>
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          <isin value="US10947YAB65"/>
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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>2.85000000</annualizedRt>
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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 B</title>
        <cusip>64542PFA8</cusip>
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          <isin value="US64542PFA84"/>
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        <balance>15450000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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          <isin value="US742400BZ68"/>
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        <balance>1100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-09-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <isin value="US64542PCP80"/>
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        <balance>5110000.00000000</balance>
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        <valUSD>2044000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bradburn Metropolitan District No. 2</name>
        <lei>N/A</lei>
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          <isin value="US103844AE63"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2209788.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York Liberty Development Corp.</name>
        <lei>N/A</lei>
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        <cusip>531127AC2</cusip>
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          <isin value="US531127AC24"/>
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        <valUSD>35002703.54000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
        <title>County of Jefferson, Series 2013 E</title>
        <cusip>472682RT2</cusip>
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          <isin value="US472682RT20"/>
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        <balance>35700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17278867.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Public Finance Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>Tuckers Pointe Community Development District</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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        <name>Stillwater Community Development District</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>George L Smith II Congress Center Authority</name>
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        <name>Sarasota National 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>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Artisan Lakes East Community Development District</name>
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      <invstOrSec>
        <name>Northwood Municipal Utility District No. 1</name>
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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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      <invstOrSec>
        <name>North Powerline Road Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Lavon TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Triple Creek Community Development District</name>
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        <balance>1190000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Crandall TX</name>
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        <name>City of Oak Point TX</name>
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        <name>Reunion East Community Development District</name>
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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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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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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Sandridge Community Development District</name>
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        <name>Lawson Dunes Community Development District</name>
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        <name>CSCDA Community Improvement Authority</name>
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        <name>City of Kyle TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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        <name>Hills of Minneola Community Development District</name>
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        <name>Hammock Reserve Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MidCity Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>District of Columbia Tobacco Settlement Financing Corp.</name>
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        <name>West Port Community Development District</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Timber Creek Southwest Community Development District</name>
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        <name>Henderson Local Improvement Districts</name>
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        <name>City of Las Vegas NV Special Improvement District No. 611</name>
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        <name>California Community College Financing Authority</name>
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        <name>Lakes of Sarasota Community Development District</name>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>Sawgrass Village Community Development District</name>
        <lei>N/A</lei>
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          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Peace Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Peace Creek Community Development District, Series 2023</title>
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        <valUSD>1588985.73000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>City of Fate TX</name>
        <lei>N/A</lei>
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        <balance>1617000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1600032.82000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 611</name>
        <lei>N/A</lei>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171097.58000000</valUSD>
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        <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>Florida Development Finance Corp.</name>
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          <isin value="US340618DG94"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5907514.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cornerstar Metropolitan District</name>
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          <isin value="US21923JAC27"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1945951.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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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          <isin value="US69661TAH41"/>
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        <balance>730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>533673.07000000</valUSD>
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        <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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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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        <curCd>USD</curCd>
        <valUSD>1328937.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Parrish Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Parrish Lakes Community Development District, Series 2023</title>
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          <isin value="US70183FAC23"/>
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        <balance>1605000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1525359.58000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>1280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>989415.68000000</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>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Hills of Minneola Community Development District</name>
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          <isin value="US431688AE00"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70850.45000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      <invstOrSec>
        <name>River Hall Community Development District</name>
        <lei>N/A</lei>
        <title>River Hall Community Development District, Series 2021 A-2</title>
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          <isin value="US768247AT51"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146359.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <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>
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          <isin value="US88283NAY85"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79870.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74441XGW39"/>
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        <balance>1070000.00000000</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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Leander TX</name>
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          <isin value="US521842AT12"/>
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        <balance>530000.00000000</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>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Greenville Housing Authority/SC</name>
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          <isin value="US396484AB38"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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      <invstOrSec>
        <name>Tempe Industrial Development Authority</name>
        <lei>N/A</lei>
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        <cusip>87972MAX0</cusip>
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          <isin value="US87972MAX02"/>
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        <balance>4850000.00000000</balance>
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        <valUSD>3006473.29000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>Lancaster County Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US514045S466"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Charlotte-Mecklenburg Hospital Authority (The)</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>Chester County Industrial Development Authority</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>Mississippi Development Bank</name>
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        <fairValLevel>2</fairValLevel>
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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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        <name>Parrish Plantation Community Development District</name>
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        <name>City of Kyle TX</name>
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      <invstOrSec>
        <name>City of San Marcos TX</name>
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        <name>Bridgewater North Community Development District</name>
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        <name>City of Fate TX</name>
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        <name>Health &amp; Educational Facilities Authority of the State of Missouri</name>
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      <invstOrSec>
        <name>Lakeshore Villages Master Community Development District</name>
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          <maturityDt>2052-06-01</maturityDt>
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      <invstOrSec>
        <name>Hills of Minneola Community Development District</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <name>Sierra Vista Industrial Development Authority</name>
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        <name>Reserve at Van Oaks Community Development District</name>
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        <name>County of Jefferson AL Sewer Revenue</name>
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        <name>Palmdale Elementary School District</name>
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        <name>Lake Harris Community Development District</name>
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        <name>City of Kyle TX</name>
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        <name>Cordova Palms Community Development District</name>
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        <name>Henderson Local Improvement Districts</name>
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        <name>Public Finance Authority</name>
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        <name>Conestoga Metropolitan District No. 2</name>
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        <name>California Community Housing Agency</name>
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        <name>Ohio Housing Finance Agency</name>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Seminole Palms Community Development District</name>
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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.50000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>Windward Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Michigan Strategic Fund</name>
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        <name>Pine Ridge Plantation Community Development District</name>
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        <name>City of Horseshoe Bay TX</name>
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        <name>Six Mile Creek Community Development District</name>
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        <name>City of Kyle TX</name>
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        <name>Rolling Hills Community Development District</name>
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      <invstOrSec>
        <name>New Port Tampa Bay 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>
          <couponKind>Fixed</couponKind>
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        <name>Reunion East Community Development District</name>
        <lei>N/A</lei>
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        <name>Arbors Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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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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        <name>Aerotropolis Regional Transportation Authority</name>
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        <name>Henderson Local Improvement Districts</name>
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        <name>Scenic Highway Community Development District</name>
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        <name>Hammock Oaks Community Development District</name>
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        <name>Villages at Castle Rock Metropolitan District No. 4</name>
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        <name>Indiana Housing &amp; Community Development Authority</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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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>City of Celina TX</name>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
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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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        <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>Lakes of Sarasota Community Development District</name>
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        <name>Tahoe-Douglas Visitors Authority</name>
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        <name>Coddington Community Development District</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>County of Jefferson AL Sewer Revenue</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Avenir Community Development District</name>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
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          <isin value="US04052TBV61"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Sachse TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2040-09-15</maturityDt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kingman Gate Community Development District</name>
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          <isin value="US495742AC27"/>
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        <curCd>USD</curCd>
        <valUSD>700743.38000000</valUSD>
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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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          <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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          <isin value="US816686AM12"/>
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        <balance>705000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>496104.62000000</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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      <invstOrSec>
        <name>Silver Palms West Community Development District</name>
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        <title>Silver Palms West Community Development District, Series 2022</title>
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          <isin value="US82807YAA64"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>302864.53000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</annualizedRt>
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      <invstOrSec>
        <name>Bradburn Metropolitan District No. 2</name>
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        <cusip>103844AD8</cusip>
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          <isin value="US103844AD80"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>577124.28000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Red River Health Facilities Development Corp.</name>
        <lei>N/A</lei>
        <title>Red River Health Facilities Development Corp., Series 2012</title>
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          <isin value="US75687RAD44"/>
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        <balance>11000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6600000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>Bradbury Community Development District</name>
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        <title>Bradbury Community Development District, Series 2023</title>
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          <isin value="US103848AB39"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1947257.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
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          <isin value="US51206YAB65"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>123004.41000000</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>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>Ave Maria Stewardship Community District</name>
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          <isin value="US05355ABM80"/>
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        <balance>2640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2041918.30000000</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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      <invstOrSec>
        <name>Northern Mariana Island Ports Authority</name>
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          <isin value="US66537RAP82"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>MP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.60000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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          <isin value="US74529JPV16"/>
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        <valUSD>383184.90000000</valUSD>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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      <invstOrSec>
        <name>City of Marble Falls TX</name>
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          <isin value="US566035AM37"/>
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        <balance>620000.00000000</balance>
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        <valUSD>563014.68000000</valUSD>
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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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        <name>California Community Housing Agency</name>
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        <cusip>13013FAF1</cusip>
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          <isin value="US13013FAF18"/>
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        <balance>11775000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tempe Industrial Development Authority</name>
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        <title>Tempe Industrial Development Authority, Series 2017 A</title>
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          <isin value="US87972MAW29"/>
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        <balance>1900000.00000000</balance>
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        <valUSD>1334558.29000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Lakewood Park Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US512650AD44"/>
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        <balance>500000.00000000</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>2052-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Silver Palms West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sawyers Landing Community Development District</name>
        <lei>N/A</lei>
        <title>Sawyers Landing Community Development District, Series 2021</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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          <isin value="US15114CEV28"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5559533.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <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>West Port Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US95549GAQ55"/>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>344955.42000000</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>5.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>River Hall Community Development District</name>
        <lei>N/A</lei>
        <title>River Hall Community Development District, Series 2021 A-2</title>
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          <isin value="US768247AW80"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>790257.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Club Municipal Management District No. 1</name>
        <lei>N/A</lei>
        <title>Club Municipal Management District No. 1, Series 2021</title>
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          <isin value="US18948PAE16"/>
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        <balance>271000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>229684.15000000</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>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Forest Lake Community Development District</name>
        <lei>N/A</lei>
        <title>Forest Lake Community Development District, Series 2020</title>
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          <isin value="US34585PAC05"/>
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        <balance>1270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1148903.98000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
        <title>Louisville/Jefferson County Metropolitan Government, Series 2022 A</title>
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          <isin value="US546594AG71"/>
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        <balance>19650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12806755.85000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US74443DGN57"/>
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        <balance>4000000.00000000</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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>DG Farms Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US23290TAH05"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>North AR-1 Pasco Community Development District</name>
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          <isin value="US65725AAG94"/>
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        <balance>775000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>3.55000000</annualizedRt>
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      <invstOrSec>
        <name>City of Fate TX</name>
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        <balance>1204000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>Tempe Industrial Development Authority</name>
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          <isin value="US87972MAY84"/>
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        <balance>2800000.00000000</balance>
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        <valUSD>1682812.32000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-10-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Series 2014</title>
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          <isin value="US64542UAG94"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>772695.90000000</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>
        <cusip>800063AD1</cusip>
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          <isin value="US800063AD10"/>
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        <balance>2020000.00000000</balance>
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        <valUSD>1602453.48000000</valUSD>
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        <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>Lakes at Bella Lago Community Development District</name>
        <lei>N/A</lei>
        <title>Lakes at Bella Lago Community Development District, Series 2023-2</title>
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          <isin value="US51206LAE83"/>
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        <curCd>USD</curCd>
        <valUSD>999912.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
        <title>City of Princeton, Series 2021</title>
        <cusip>742400BE3</cusip>
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          <isin value="US742400BE30"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248705.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <name>New York Transportation Development Corp.</name>
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        <name>Henderson Local Improvement Districts</name>
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        <name>Development Authority of Monroe County (The)</name>
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          <maturityDt>2033-06-01</maturityDt>
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        <name>GDB Debt Recovery Authority of Puerto Rico</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-08-20</maturityDt>
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          <annualizedRt>7.50000000</annualizedRt>
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        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Creek Community Development District</name>
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        <name>Industrial Development Authority of the County of Pima (The)</name>
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        <name>Magnolia Park Community Development District</name>
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        <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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          <maturityDt>2050-09-15</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <invCountry>PR</invCountry>
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          <maturityDt>2021-01-01</maturityDt>
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        <name>City of San Marcos TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Union Park East Community Development District</name>
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          <isin value="US907874AN10"/>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>Meadow View at Twin Creeks Community Development District</name>
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        <balance>790000.00000000</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>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Little Elm TX</name>
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        <balance>509000.00000000</balance>
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        <valUSD>399311.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CSCDA Community Improvement Authority</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Monongalia County Commission Excise Tax District</name>
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        <name>East 547 Community Development District</name>
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        <name>Stellar North Community Development District</name>
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        <name>Westview South Community Development District</name>
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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>2046-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Iowa Finance Authority</name>
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        <name>Military Installation Development Authority</name>
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        <name>West Hillcrest Community Development District</name>
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        <name>City of North Las Vegas NV</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>Clear Creek Transit Metropolitan District No. 2</name>
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        <name>Puerto Rico Electric Power Authority</name>
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        <name>Mississippi Development Bank</name>
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        <name>RRC Metropolitan District No. 2</name>
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        <name>Kindred Community Development District II</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Public Finance Authority</name>
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        <name>Rampart Range Metropolitan District No. 5</name>
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        <name>Kentucky Public Transportation Infrastructure Authority</name>
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        <name>California County Tobacco Securitization Agency</name>
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        <name>City of New Braunfels TX</name>
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        <name>Hammock Oaks Community Development District</name>
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        <name>Shingle Creek at Bronson Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ridge at Apopka Community Development District</name>
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        <name>Sanctuary Cove Community Development District</name>
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        <name>Leomas Landing Community Development District</name>
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        <name>Grande Pines Community Development District</name>
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        <name>CMFA Special Finance Agency XII</name>
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      <invstOrSec>
        <name>MidCity Improvement District</name>
        <lei>N/A</lei>
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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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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Summer Woods 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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oregon State Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US68608JXD89"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.20000025</annualizedRt>
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      <invstOrSec>
        <name>City of Royse City TX</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
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          <isin value="US546399KA31"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-01-01</maturityDt>
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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>2032-09-01</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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        <name>City of Justin TX</name>
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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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        <name>City of Midlothian TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Lakes of Sarasota 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>State of Ohio</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>City of New Braunfels TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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      <invstOrSec>
        <name>City of Liberty Hill TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-01</maturityDt>
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      <invstOrSec>
        <name>Balm Grove Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US05874FAB40"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Villamar Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-01</maturityDt>
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      <invstOrSec>
        <name>Sedona Point Community Development District</name>
        <lei>N/A</lei>
        <title>Sedona Point Community Development District, Series 2023</title>
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          <isin value="US815684AA36"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>South Carolina Jobs-Economic Development Authority</name>
        <lei>5493006X47I9VG3DL112</lei>
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          <isin value="US837031D757"/>
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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>2052-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rivers Edge II Community Development District</name>
        <lei>N/A</lei>
        <title>Rivers Edge II Community Development District, Series 2021</title>
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          <isin value="US76882LAF31"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>179075.15000000</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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Hays TX</name>
        <lei>N/A</lei>
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          <isin value="US420894AH00"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86972.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
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          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kirkwood Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Kirkwood Industrial Development Authority, Series 2017 A</title>
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          <isin value="US497609BD80"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2619161.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Haslet TX</name>
        <lei>N/A</lei>
        <title>City of Haslet, Series 2021</title>
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          <isin value="US418304AG66"/>
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        <balance>1271000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>982442.46000000</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>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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          <isin value="US14052WDN48"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>883901.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Prairie Center Metropolitan District No. 7</name>
        <lei>N/A</lei>
        <title>Prairie Center Metropolitan District No. 7, Series 2021</title>
        <cusip>739491AC2</cusip>
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          <isin value="US739491AC21"/>
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        <balance>1330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1197376.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LTC Ranch West Residential Community Development District</name>
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        <title>LTC Ranch West Residential Community Development District, Series 2021 B</title>
        <cusip>50218SAE1</cusip>
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          <isin value="US50218SAE19"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3557079.60000000</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>3.25000000</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>
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          <isin value="US126292AZ41"/>
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        <balance>5775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4655782.48000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</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 2021</title>
        <cusip>701830AA9</cusip>
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          <isin value="US701830AA98"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185202.93000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Six Mile Creek Community Development District</name>
        <lei>N/A</lei>
        <title>Six Mile Creek Community Development District, Series 2020</title>
        <cusip>83005TAV9</cusip>
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          <isin value="US83005TAV98"/>
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        <balance>500000.00000000</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>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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        <name>Tolomato Community Development District</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District, Series 2022 C</title>
        <cusip>889560EP9</cusip>
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          <isin value="US889560EP96"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1327743.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <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>865657AR1</cusip>
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          <isin value="US865657AR19"/>
          <other otherDesc="Inhouse Asset ID" value="1169286"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>559105.79000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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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>
        <cusip>526400AG1</cusip>
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          <isin value="US526400AG10"/>
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        <balance>795000.00000000</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>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
        <title>City of Celina, Series 2021</title>
        <cusip>15114CEE0</cusip>
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          <isin value="US15114CEE03"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>136121.85000000</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>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>City of Princeton TX</name>
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        <name>Chapel Crossings Community Development District</name>
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        <name>Leomas Landing Community Development District</name>
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        <name>Steel Point Infrastructure Improvement District</name>
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        <name>Silverlake Community Development District</name>
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        <name>Live Oak Lake Community Development District</name>
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        <name>City of Princeton TX</name>
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        <name>Varrea South Community Development District</name>
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        <name>Winrock Town Center Tax Increment Development District No. 1</name>
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        <name>Astonia Community Development District</name>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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        <name>City of Princeton TX</name>
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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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Viridian Municipal Management District</name>
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          <isin value="US92823UAR68"/>
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        <fairValLevel>2</fairValLevel>
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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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          <maturityDt>2040-09-15</maturityDt>
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        <name>Tuckers Pointe Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lawson Dunes Community Development District</name>
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        <name>Lake Emma Community Development District</name>
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        <name>Sawyers Landing Community Development District</name>
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        <name>Southeastern Ohio Port Authority</name>
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          <isin value="US841895AV73"/>
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        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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        <name>City of Manor 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>2031-09-15</maturityDt>
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          <annualizedRt>3.12500000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Venus TX</name>
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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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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <name>City of Princeton TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>V-Dana Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mississippi Home Corp.</name>
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        <fairValLevel>2</fairValLevel>
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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>Public Finance Authority</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>County of Hays TX</name>
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        <name>Bannon Lakes Community Development District</name>
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      <invstOrSec>
        <name>Stoneybrook South Community Development District</name>
        <lei>N/A</lei>
        <title>Stoneybrook South at Championsgate Community Development District, Series 2020</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Midlothian TX</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>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>Alvord Unified School District</name>
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        <balance>30750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13046376.30000000</valUSD>
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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>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Palermo Community Development District</name>
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          <isin value="US696280AC02"/>
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        <curCd>USD</curCd>
        <valUSD>1455924.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Parish of Beauregard LA</name>
        <lei>N/A</lei>
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          <isin value="US074614AC25"/>
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        <balance>13990000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <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>
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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>River Landing Community Development District</name>
        <lei>N/A</lei>
        <title>River Landing Community Development District, Series 2020 A</title>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>438991.15000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.60000000</annualizedRt>
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      <invstOrSec>
        <name>City of Mesquite TX</name>
        <lei>N/A</lei>
        <title>City of Mesquite, Series 2023</title>
        <cusip>590771BA8</cusip>
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          <isin value="US590771BA87"/>
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        <balance>1017000.00000000</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>2053-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>
        <cusip>512650AB8</cusip>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111949.18000000</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>3.20000000</annualizedRt>
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      <invstOrSec>
        <name>City of Reno NV</name>
        <lei>549300M4R5WWSUWY8D52</lei>
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          <isin value="US759861EJ20"/>
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        <balance>14500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>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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        <balance>1495000.00000000</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>North Parkway Municipal Management District No. 1</name>
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          <isin value="US661441AB11"/>
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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>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>LT Ranch Community Development District</name>
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        <title>LT Ranch Community Development District, Series 2022-1</title>
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          <isin value="US54912EAH62"/>
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        <balance>500000.00000000</balance>
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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>
        <cusip>495742AG3</cusip>
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          <isin value="US495742AG31"/>
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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>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.60000000</annualizedRt>
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      <invstOrSec>
        <name>City of Liberty Hill TX</name>
        <lei>N/A</lei>
        <title>City of Liberty Hill, Series 2022</title>
        <cusip>530575AP4</cusip>
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          <isin value="US530575AP44"/>
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        <balance>550000.00000000</balance>
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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>2.62500000</annualizedRt>
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      <invstOrSec>
        <name>Parrish Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Parrish Lakes Community Development District, Series 2023</title>
        <cusip>70183FAB4</cusip>
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          <isin value="US70183FAB40"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1438035.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Avenir Community Development District</name>
        <lei>N/A</lei>
        <title>Avenir Community Development District, Series 2021 A-1</title>
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          <isin value="US05357JAK25"/>
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        <balance>3245000.00000000</balance>
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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>
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        <name>Public Finance Authority</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indigo Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Viera Stewardship District</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>DW Bayview Community Development District</name>
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        <name>Cornerstar Metropolitan District</name>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <name>Villamar Community Development District</name>
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          <maturityDt>2043-05-01</maturityDt>
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        <name>Merrick Square Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Hutto TX</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rhodine Road North Community Development District</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Fort Worth TX</name>
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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>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Colorado Health Facilities Authority</name>
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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>Towne Park Community Development 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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        <name>Sedona Point Community Development District</name>
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        <name>City of Princeton TX</name>
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        <name>Corkscrew Crossing Community Development District</name>
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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>West Port Community Development District</name>
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      <invstOrSec>
        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Astonia Community Development District</name>
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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>Six Mile Creek Community Development District</name>
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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>Kalamazoo Economic Development Corp.</name>
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          <isin value="US483228ED05"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Palm Coast Park Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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        <name>Colorado Health Facilities Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</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>2049-10-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Grand Canyon University</name>
        <lei>N/A</lei>
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        <balance>93710000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
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        <name>Eden Hills Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Sinton TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>Peace Creek Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-15</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2019-07-01</maturityDt>
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          <annualizedRt>10.00000000</annualizedRt>
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        <name>City of Crandall TX</name>
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          <maturityDt>2052-09-15</maturityDt>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-15</maturityDt>
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        <name>Babcock Ranch Community Independent Special District</name>
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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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      <invstOrSec>
        <name>Juban Trails Community Development District</name>
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          <isin value="US48129XAC65"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Crandall TX</name>
        <lei>N/A</lei>
        <title>City of Crandall, Series 2021</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Triple Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cypress Park Estates Community Development District</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Dallas Area Municipal Authority</name>
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          <isin value="US235171AR61"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Holly Hill Road East Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>M-S-R Energy Authority</name>
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          <isin value="US55374SAJ96"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23764950.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Kentucky Public Transportation Infrastructure Authority</name>
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        <valUSD>11344019.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-01</maturityDt>
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      <invstOrSec>
        <name>Osceola Village Center 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>City of Celina TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Palmdale Elementary School District</name>
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        <name>Scenic Terrace North Community Development District</name>
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        <name>Storey Drive Community Development District</name>
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        <name>City of Sioux Falls SD</name>
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        <name>Babcock Ranch Community Independent Special District</name>
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        <invCountry>US</invCountry>
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        <name>Sunbridge Stewardship District</name>
        <lei>N/A</lei>
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          <isin value="US86709HAH84"/>
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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>5.35000000</annualizedRt>
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      <invstOrSec>
        <name>Avalon Groves Community Development District</name>
        <lei>N/A</lei>
        <title>Avalon Groves Community Development District, Series 2021</title>
        <cusip>05344CAV9</cusip>
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          <isin value="US05344CAV90"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>385563.60000000</valUSD>
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        <name>Epperson Ranch II Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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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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        <name>Clackamas County Hospital Facility Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Entrada Community Development District</name>
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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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          <maturityDt>2041-05-01</maturityDt>
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        <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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        <name>City of Waxahachie TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tolomato Community Development District</name>
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        <name>County of Medina TX</name>
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        <name>Lancaster County Hospital Authority</name>
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        <name>State of Ohio</name>
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        <name>Quail Roost Community Development District</name>
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        <name>Wellness Ridge Community Development District</name>
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        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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        <name>Edgewater East Community Development District</name>
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      <invstOrSec>
        <name>City of San Marcos TX</name>
        <lei>N/A</lei>
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        <name>Lakeshore Villages Master Community Development District</name>
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        <name>City of Kyle TX</name>
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        <name>Kindred Community Development District II</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>City of Kyle TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>California Community College Financing Authority</name>
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        <fairValLevel>2</fairValLevel>
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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>Lakes at Bella Lago Community Development District</name>
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      <invstOrSec>
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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>West Villages Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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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>Babcock Ranch Community Independent Special District</name>
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        <name>Live Oak Lake Community Development District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2051-05-01</maturityDt>
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      <invstOrSec>
        <name>Tobacco Securitization Authority of Southern California</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-06-01</maturityDt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
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      <invstOrSec>
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        <lei>N/A</lei>
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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>
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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>3.62500000</annualizedRt>
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        <name>V-Dana Community Development District</name>
        <lei>N/A</lei>
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        <balance>1775000.00000000</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>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>River Landing Community Development District</name>
        <lei>N/A</lei>
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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>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Villages of Glen Creek 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>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
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          <isin value="US744396HT21"/>
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        <balance>1565000.00000000</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>2062-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Village at Dry Creek Metropolitan District No. 2 (The)</name>
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        <balance>819000.00000000</balance>
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        <valUSD>677460.09000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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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</title>
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          <isin value="US64542UEZ30"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>834906.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Corkscrew Crossing Community Development District</name>
        <lei>N/A</lei>
        <title>Corkscrew Crossing Community Development District, Series 2023</title>
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          <isin value="US21888AAC45"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</annualizedRt>
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      <invstOrSec>
        <name>East Nassau 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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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        <name>City of New York NY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25999895</annualizedRt>
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        <name>West Villages Improvement District</name>
        <lei>N/A</lei>
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          <isin value="US956454BY78"/>
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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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Pine Isle Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US72265AAB26"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-15</maturityDt>
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      <invstOrSec>
        <name>Villamar Community Development District</name>
        <lei>N/A</lei>
        <title>Villamar Community Development District, Series 2020</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>River Hall Community Development District</name>
        <lei>N/A</lei>
        <title>River Hall Community Development District, Series 2020 A</title>
        <cusip>768247AG3</cusip>
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          <isin value="US768247AG31"/>
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        <balance>2690000.00000000</balance>
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        <name>Public Finance Authority</name>
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        <name>Hammock Reserve Community Development District</name>
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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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          <isin value="US13013FAV67"/>
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        <balance>19660000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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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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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Two Rivers East Community Development District</name>
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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>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>Silicon Valley Tobacco Securitization Authority</name>
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          <isin value="US82706TAC53"/>
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        <balance>60000000.00000000</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>2056-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
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          <isin value="US13078YUS26"/>
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        <balance>4000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Village Community Development District No. 13</name>
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        <name>Tahoe-Douglas Visitors Authority</name>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>Allentown Neighborhood Improvement Zone Development Authority</name>
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          <isin value="US018444BC27"/>
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          <maturityDt>2030-09-01</maturityDt>
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        <name>Lakeshore Villages Master Community Development District</name>
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          <maturityDt>2041-06-01</maturityDt>
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          <annualizedRt>3.20000000</annualizedRt>
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        <name>Leon County Housing Finance Authority</name>
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      <invstOrSec>
        <name>City of Mclendon-Chisholm TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kalamazoo Economic Development Corp.</name>
        <lei>N/A</lei>
        <title>Kalamazoo Economic Development Corp., Series 2021</title>
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          <isin value="US483228EB49"/>
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        <name>Mission Rock Utilities, Inc.</name>
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        <name>Lakes at Bella Lago Community Development District</name>
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        <name>Broomfield Village Metropolitan District No. 2</name>
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        <name>Deerbrook Community Development District</name>
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        <name>Delaware County Industrial Development Authority</name>
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        <name>Laurel Road Community Development District</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>City of Anna TX</name>
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        <name>Bannon Lakes Community Development District</name>
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        <name>City of Celina TX</name>
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        <name>City of Las Vegas NV Special Improvement District No. 611</name>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>Mesquite Health Facilities Development Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Berry Bay Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US08577CAC38"/>
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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>3.62500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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        <cusip>97712JDS9</cusip>
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          <isin value="US97712JDS96"/>
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        <curCd>USD</curCd>
        <valUSD>679444.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Flower Mound TX</name>
        <lei>N/A</lei>
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          <isin value="US34348RAF73"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>654158.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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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          <isin value="US15114CDD39"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134320.22000000</valUSD>
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        <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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      <invstOrSec>
        <name>Riverside County Transportation Commission</name>
        <lei>5493003G0IESJS57M350</lei>
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          <isin value="US76912DAN84"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2775290.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Main Street Natural Gas, Inc.</name>
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          <isin value="US56036YDG70"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2543868.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Series 2021</title>
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          <isin value="US34061WAY03"/>
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        <balance>5500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4463482.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Meadow View at Twin Creeks Community Development District</name>
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          <isin value="US583188BA48"/>
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        <balance>140000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>Sandridge Community Development District</name>
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          <isin value="US80007LAC28"/>
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        <balance>730000.00000000</balance>
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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>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>CMFA Special Finance Agency</name>
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          <isin value="US12574WAB63"/>
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        <balance>35000000.00000000</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>2045-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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      <invstOrSec>
        <name>Oregon State Facilities Authority</name>
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          <isin value="US68608JXF38"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Franklin Dynamic Municipal Bond ETF</name>
        <lei>549300RTD7Q8YMBA7Q25</lei>
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      <invstOrSec>
        <name>Central Texas Regional Mobility Authority</name>
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          <isin value="US155498BG28"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Buckeye Tobacco Settlement Financing Authority</name>
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          <isin value="US118217CZ97"/>
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      <invstOrSec>
        <name>California Community Housing Agency</name>
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          <isin value="US13013HAA86"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eden Hills Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US279449AH59"/>
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        <balance>1585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1260854.03000000</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>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Veranda Community Development District II</name>
        <lei>N/A</lei>
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          <isin value="US92338HAV42"/>
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        <balance>370000.00000000</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>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bradbury Community Development District</name>
        <lei>N/A</lei>
        <title>Bradbury Community Development District, Series 2023</title>
        <cusip>103848AC1</cusip>
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          <isin value="US103848AC12"/>
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        <balance>2220000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2155396.67000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Anderson IN</name>
        <lei>N/A</lei>
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          <isin value="US033889AJ55"/>
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        <balance>2740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2161972.61000000</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>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southglenn Metropolitan District</name>
        <lei>549300ETN4YRI5O2PU39</lei>
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          <isin value="US84437RAG20"/>
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        <balance>4200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3828591.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2021 B</title>
        <cusip>45204FGD1</cusip>
        <identifiers>
          <isin value="US45204FGD15"/>
          <other otherDesc="Inhouse Asset ID" value="1129345"/>
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        <balance>4190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4029786.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <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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        <securityLending>
          <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>65725AAB0</cusip>
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          <isin value="US65725AAB08"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>243353.66000000</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>3.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LT Ranch Community Development District</name>
        <lei>N/A</lei>
        <title>LT Ranch Community Development District, Series 2022-1</title>
        <cusip>54912EAF0</cusip>
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          <isin value="US54912EAF07"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>121281.06000000</valUSD>
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        <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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tolomato Community Development District</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District, Series 2022-2</title>
        <cusip>889560EY0</cusip>
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          <isin value="US889560EY04"/>
          <other otherDesc="Inhouse Asset ID" value="1187400"/>
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        <balance>665000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>514285.93000000</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>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>
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        <curCd>USD</curCd>
        <valUSD>266032.94000000</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>3.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <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>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173832.11000000</valUSD>
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        <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>
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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>
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          <isin value="US761311AU39"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350717.16000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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      <invstOrSec>
        <name>Deerbrook Community Development District</name>
        <lei>N/A</lei>
        <title>Deerbrook Community Development District, Series 2023</title>
        <cusip>24420RAA0</cusip>
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          <isin value="US24420RAA05"/>
          <other otherDesc="Inhouse Asset ID" value="1245706"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>133458.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>Wellness Ridge Community Development District</name>
        <lei>N/A</lei>
        <title>Wellness Ridge Community Development District, Series 2023</title>
        <cusip>95004CAC3</cusip>
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          <isin value="US95004CAC38"/>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1331018.92000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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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>
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          <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>1953525.46000000</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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          <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>448529AB3</cusip>
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          <isin value="US448529AB34"/>
          <other otherDesc="Inhouse Asset ID" value="1141589"/>
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        <balance>206000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>176027.10000000</valUSD>
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        <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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          <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>854937.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>North Parkway Municipal Management District No. 1</name>
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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>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 816</name>
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          <isin value="US51779AAN90"/>
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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>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Celebration Pointe Community Development District No. 1</name>
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          <isin value="US15102HAJ68"/>
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        <balance>885000.00000000</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>3.37500000</annualizedRt>
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        <name>Scott County Community Development Agency</name>
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          <isin value="US80955PAC59"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QD906"/>
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        <balance>1989499.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>542138.48000000</valUSD>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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      <invstOrSec>
        <name>James City County Economic Development Authority</name>
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          <isin value="US47029WDQ78"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>487319.94000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Yamhill County Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US98464UAY29"/>
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        <balance>6115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4478138.02000000</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>2056-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Manor TX</name>
        <lei>N/A</lei>
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          <isin value="US564099AM19"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>797125.80000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Fate TX</name>
        <lei>N/A</lei>
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          <isin value="US31189RBS67"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109968.25000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>New York Liberty Development Corp.</name>
        <lei>N/A</lei>
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          <isin value="US649519DC68"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14890705.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
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          <isin value="US34061WAP95"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5707301.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Rivers Edge III Community Development District</name>
        <lei>N/A</lei>
        <title>Rivers Edge III Community Development District, Series 2021</title>
        <cusip>76882NAD4</cusip>
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          <isin value="US76882NAD49"/>
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        <balance>905000.00000000</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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        <name>County of Hays TX</name>
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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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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Brighton Crossing Metropolitan District No. 4</name>
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          <isin value="US109330AE04"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
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        <name>Summerstone 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>3.15000000</annualizedRt>
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      <invstOrSec>
        <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>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Six Mile Creek Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US83005TAU16"/>
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          <maturityDt>2051-12-01</maturityDt>
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        <name>Forsyth County Hospital Authority</name>
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        <name>Trevesta Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hawkstone Community Development District</name>
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        <name>Sierra Vista Industrial Development Authority</name>
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        <name>California Pollution Control Financing Authority</name>
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        <name>Verano No. 3 Community Development District</name>
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        <name>San Mateo Foster City School District</name>
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        <name>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</name>
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        <name>Del Webb Oak Creek Community Development District</name>
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      <invstOrSec>
        <name>Lakeshore Villages Master Community Development District</name>
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        <name>CMFA Special Finance Agency VIII</name>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <name>Cypress Park Estates Community Development District</name>
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        <name>City of Anna TX</name>
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        <name>Rockland Tobacco Asset Securitization Corp.</name>
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        <name>City of Haslet TX</name>
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        <name>Cypress Bluff Community Development District</name>
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        <name>Mississippi Home Corp.</name>
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        <name>West Port Community Development District</name>
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        <name>Sanctuary Cove Community Development District</name>
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        <name>County of Washington OH</name>
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        <name>City of Princeton TX</name>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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      <invstOrSec>
        <name>Silverlake Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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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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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Seminole Palms Community Development District</name>
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        <name>Astonia Community Development District</name>
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          <maturityDt>2026-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Hutto TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-09-01</maturityDt>
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      <invstOrSec>
        <name>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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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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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Triple Creek Community Development District</name>
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        <name>City of Crandall TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Storey Creek Community Development District</name>
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        <name>LTC Ranch West Residential Community Development District</name>
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        <name>Southern Groves Community Development District No. 5</name>
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        <name>Six Mile Creek Community Development District</name>
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        <name>City of Rowlett TX</name>
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        <name>DG Farms Community Development District</name>
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        <name>City of Manor TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>DG Farms Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Six Mile Creek Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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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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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-09-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>Murphy Creek Metropolitan District No. 4</name>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stellar North Community Development District</name>
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          <isin value="US85857KAC45"/>
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        <balance>885000.00000000</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>3.20000000</annualizedRt>
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      <invstOrSec>
        <name>Sandridge Community Development District</name>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>678039.23000000</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>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>City of Royse City TX</name>
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        <balance>575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>528279.41000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-09-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 611</name>
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          <isin value="US51778CAR79"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>386832.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</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>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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        <balance>5685000.00000000</balance>
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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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        <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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        <name>Juban Trails Community Development District</name>
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        <name>Sedona Point Community Development District</name>
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        <name>Riverside County Transportation Commission</name>
        <lei>5493003G0IESJS57M350</lei>
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        <balance>5500000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission, Series A</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Park Isle Community Development District</name>
        <lei>N/A</lei>
        <title>North Park Isle Community Development District, Series 2021</title>
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          <isin value="US661416AH08"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1927483.25000000</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>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Verano No. 4 Community Development District</name>
        <lei>N/A</lei>
        <title>Verano No. 4 Community Development District, Series 2023</title>
        <cusip>92337SAC3</cusip>
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          <isin value="US92337SAC35"/>
          <other otherDesc="Inhouse Asset ID" value="1243398"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251088.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Venus TX</name>
        <lei>N/A</lei>
        <title>City of Venus, Series 2021</title>
        <cusip>92334AAC5</cusip>
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          <isin value="US92334AAC53"/>
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        <balance>1105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>858132.17000000</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>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Astonia Community Development District</name>
        <lei>N/A</lei>
        <title>Astonia Community Development District, Series 2020</title>
        <cusip>04625DAC2</cusip>
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          <isin value="US04625DAC20"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>488510.35000000</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>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jefferson Center Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Jefferson Center Metropolitan District No. 1, Series 2020 A-2</title>
        <cusip>47248EAB8</cusip>
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          <isin value="US47248EAB83"/>
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        <balance>1125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>903811.28000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Sinton TX</name>
        <lei>N/A</lei>
        <title>City of Sinton, Series 2022</title>
        <cusip>829366AA1</cusip>
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          <isin value="US829366AA16"/>
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        <balance>381000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>363942.06000000</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>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
        <title>City of Princeton, Series 2020</title>
        <cusip>742400AV6</cusip>
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          <isin value="US742400AV63"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>178561.12000000</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>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westside Haines City Community Development District</name>
        <lei>N/A</lei>
        <title>Westside Haines City Community Development District, Series 2021</title>
        <cusip>96150AAA1</cusip>
        <identifiers>
          <isin value="US96150AAA16"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180499.75000000</valUSD>
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        <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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Industrial Development Authority of the County of Pima (The)</name>
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        <title>Industrial Development Authority of the County of Pima (The), Series 2022 B-1</title>
        <cusip>72178AAK8</cusip>
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          <isin value="US72178AAK88"/>
          <other otherDesc="Inhouse Asset ID" value="1218435"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3955717.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
        <title>City of Fort Worth, Series 2017</title>
        <cusip>349506AB1</cusip>
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          <isin value="US349506AB15"/>
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        <balance>1270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1236831.41000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <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 2022</title>
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          <isin value="US92337NAG51"/>
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        <balance>1475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1533275.33000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority, Series E-3</title>
        <cusip>74526QD82</cusip>
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          <isin value="US74526QD823"/>
          <other otherDesc="Inhouse Asset ID" value="639469"/>
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        <balance>1989500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>542138.75000000</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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      <invstOrSec>
        <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"/>
          <other otherDesc="Inhouse Asset ID" value="1130327"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>355898.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rivington Community Development District</name>
        <lei>N/A</lei>
        <title>Rivington Community Development District, Series 2022</title>
        <cusip>769656AG4</cusip>
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          <isin value="US769656AG41"/>
          <other otherDesc="Inhouse Asset ID" value="1191058"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2306911.20000000</valUSD>
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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>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Lakewood Village TX</name>
        <lei>N/A</lei>
        <title>Town of Lakewood Village, Series 2022</title>
        <cusip>51270AAD5</cusip>
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          <isin value="US51270AAD54"/>
          <other otherDesc="Inhouse Asset ID" value="1210083"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2259139.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>
        <identifiers>
          <isin value="US74737QAF46"/>
          <other otherDesc="Inhouse Asset ID" value="1165409"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174076.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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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>
        <identifiers>
          <isin value="US785756AB33"/>
          <other otherDesc="Inhouse Asset ID" value="1120706"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354943.01000000</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>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>City of Mclendon-Chisholm TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Zephyr Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Zephyr Lakes Community Development District, Series 2021</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
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          <isin value="US67756DXM37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sunbridge Stewardship District</name>
        <lei>N/A</lei>
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          <isin value="US86709HAB15"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>352367.02000000</valUSD>
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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>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Quail Roost Community Development District</name>
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          <isin value="US74737QAH02"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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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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          <isin value="US48565KAB70"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US646136WK31"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>Palermo Community Development District</name>
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          <isin value="US696280AB29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Buckhead Trails 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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          <annualizedRt>5.75000000</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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          <annualizedRt>3.62500000</annualizedRt>
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        <name>Sierra Vista Industrial Development Authority</name>
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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>2031-02-01</maturityDt>
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        <name>Puerto Rico Electric Power Authority</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>PR</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Lawson Dunes Community Development District</name>
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        <title>Lawson Dunes Community Development District, Series 2022</title>
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          <isin value="US520719AD79"/>
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        <balance>1320000.00000000</balance>
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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>2041-05-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>Arkansas Development Finance Authority</name>
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          <isin value="US04110FAB13"/>
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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>5.70000000</annualizedRt>
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      <invstOrSec>
        <name>City of Manor TX</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>
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          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 814</name>
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          <isin value="US51778UAS50"/>
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        <valUSD>593612.04000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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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, Series 2002</title>
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          <isin value="US16876QBF54"/>
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        <balance>6585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6585769.13000000</valUSD>
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        <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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          <isCashCollateral>N</isCashCollateral>
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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>1685000.00000000</balance>
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        <valUSD>1375558.51000000</valUSD>
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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>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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          <isin value="US57583UXP82"/>
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        <balance>1284000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1290460.83000000</valUSD>
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        <assetCat>DBT</assetCat>
        <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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          <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>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>162226.24000000</valUSD>
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        <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>3.37500000</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>City of Liberty Hill TX</name>
        <lei>N/A</lei>
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          <isin value="US530575AQ27"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>648453.00000000</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Community Housing Agency</name>
        <lei>N/A</lei>
        <title>California Community Housing Agency, Series 2019 A</title>
        <cusip>13013FAA2</cusip>
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          <isin value="US13013FAA21"/>
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        <balance>19190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17604481.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</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>Edgewater East Community Development District</name>
        <lei>N/A</lei>
        <title>Edgewater East Community Development District, Series 2022</title>
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          <isin value="US280286AG05"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3354840.80000000</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>
        <title>County of Medina, Series 2021</title>
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          <isin value="US584735AG98"/>
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        <balance>1160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1074277.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>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"/>
          <other otherDesc="Inhouse Asset ID" value="964208"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>900592.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <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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        <title>North Parkway Municipal Management District No. 1, Series 2021</title>
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          <isin value="US66144PAB85"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>222339.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Fate TX</name>
        <lei>N/A</lei>
        <title>City of Fate, Series 2023</title>
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          <isin value="US31189RCN61"/>
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        <balance>1287000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1256084.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Pilot Point TX</name>
        <lei>N/A</lei>
        <title>City of Pilot Point, Series 2022</title>
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          <isin value="US721614AQ82"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Creek Village Metropolitan District</name>
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          <isin value="US319617AB22"/>
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        <balance>595000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Uhland TX</name>
        <lei>N/A</lei>
        <title>City of Uhland, Series 2022</title>
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          <isin value="US90352SAC70"/>
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        <balance>3000000.00000000</balance>
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        <valUSD>3112970.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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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="US66173PAB22"/>
          <other otherDesc="Inhouse Asset ID" value="1124378"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>440371.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Frederick MD</name>
        <lei>N/A</lei>
        <title>County of Frederick, Series 2019</title>
        <cusip>355612AD4</cusip>
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          <isin value="US355612AD45"/>
          <other otherDesc="Inhouse Asset ID" value="1030195"/>
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        <balance>1410000.00000000</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>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Royse City TX</name>
        <lei>N/A</lei>
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        <name>Cypress Ridge Community Development District</name>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Village Community Development District No. 14</name>
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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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        <name>Coddington Community Development District</name>
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        <name>DW Bayview Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State of Illinois</name>
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        <name>Public Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wind Meadows South Community Development District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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        <name>City of Celina TX</name>
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        <curCd>USD</curCd>
        <valUSD>436600.65000000</valUSD>
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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>4.37500000</annualizedRt>
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        <name>County of Medina TX</name>
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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>
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        <name>Parkview at Long Lake Ranch 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>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Johnstown Plaza Metropolitan District</name>
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        <balance>8500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6747694.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>Villages of Glen Creek 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>2027-05-01</maturityDt>
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          <annualizedRt>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>North River Ranch Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
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          <isin value="US63607YAM21"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2046-08-15</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>Gracewater Sarasota Community Development District</name>
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          <isin value="US38410UAB35"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>2.95000000</annualizedRt>
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        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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          <isin value="US14054CEL90"/>
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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>2041-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, Series 2021 A</title>
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          <isin value="US74442EHD58"/>
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        <balance>2465000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp.</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>City of Kyle TX</name>
        <lei>549300K0SYODYQ0ANN48</lei>
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          <isin value="US50156CAJ99"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Meadowlark Metropolitan District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>655171.80000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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          <isin value="US939783D297"/>
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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>2051-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
        <lei>N/A</lei>
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          <isin value="US59785RAF47"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367974.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Crandall TX</name>
        <lei>N/A</lei>
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          <isin value="US224384AK32"/>
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        <balance>528000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>536991.79000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Tolomato Community Development District</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District, Series 2022 B</title>
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          <isin value="US889560EL82"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1310292.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Michigan Tobacco Settlement Finance Authority</name>
        <lei>N/A</lei>
        <title>Michigan Tobacco Settlement Finance Authority, Series 2007 B</title>
        <cusip>594751AH2</cusip>
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          <isin value="US594751AH20"/>
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        <balance>26990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3043594.83000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Mesquite Health Facilities Development Corp.</name>
        <lei>N/A</lei>
        <title>Mesquite Health Facilities Development Corp., Series 2014</title>
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          <isin value="US590743CC22"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112500.00000000</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>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Mangrove Point &amp; Mangrove Manor Community Development District</name>
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          <isin value="US56271TAB61"/>
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        <balance>345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>328099.07000000</valUSD>
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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>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Nassau Stewardship District</name>
        <lei>N/A</lei>
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        <balance>1260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>978751.37000000</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>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>Mesquite Health Facilities Development Corp.</name>
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        <balance>5175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>155250.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Brightwater Community Development District</name>
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          <isin value="US10947YAC49"/>
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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>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Sanctuary Cove Community Development District</name>
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        <valUSD>591047.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2052-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Boggy Branch Community Development District</name>
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          <isin value="US09720PAB04"/>
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        <balance>450000.00000000</balance>
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        <valUSD>396334.13000000</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>3.00000000</annualizedRt>
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        <name>Holly Hill Road East Community Development District</name>
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        <title>Holly Hill Road East Community Development District, Series 2020</title>
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          <isin value="US43584FAK66"/>
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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>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Preserve at South Branch Community Development District</name>
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        <title>Preserve at South Branch Community Development District, Series 2021</title>
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          <isin value="US74082PAK66"/>
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        <balance>150000.00000000</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>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Hawkstone Community Development District</name>
        <lei>N/A</lei>
        <title>Hawkstone Community Development District, Series 2021</title>
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          <isin value="US42034RAJ14"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>114029.28000000</valUSD>
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        <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>2.60000000</annualizedRt>
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      <invstOrSec>
        <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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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Lower Petroglyphs Public Improvement District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North AR-1 Pasco Community Development District</name>
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          <isin value="US65725AAK07"/>
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        <fairValLevel>2</fairValLevel>
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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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      <invstOrSec>
        <name>City of Manor 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>2041-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>California Community Housing Agency</name>
        <lei>N/A</lei>
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          <isin value="US13013FBF09"/>
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        <balance>17830000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Santa Fe TX</name>
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          <isin value="US802208AC21"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>San Francisco Salt Co.</name>
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        <title>City of San Francisco</title>
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          <other otherDesc="Inhouse Asset ID" value="1171566"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Las Vegas NV Special Improvement District No. 816</name>
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          <isin value="US51779AAM18"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
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      <invstOrSec>
        <name>City of Pilot Point TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-15</maturityDt>
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        <name>Westview South Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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          <annualizedRt>5.60000000</annualizedRt>
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        <name>Joshua Farms Municipal Management District No. 1</name>
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          <isin value="US481043AC15"/>
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          <maturityDt>2053-09-01</maturityDt>
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        <name>LTC Ranch West Residential Community Development District</name>
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          <isin value="US50218SAB79"/>
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        <name>STC Metropolitan District No. 2</name>
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      <invstOrSec>
        <name>City of Kaufman TX</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-15</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Vanguard Tax-Exempt Bond Index ETF</name>
        <lei>N/A</lei>
        <title>Vanguard Tax-Exempt Bond Index ETF</title>
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          <isin value="US9229077469"/>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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          <isin value="US15114CEP59"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Kingman Gate Community Development District</name>
        <lei>N/A</lei>
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        <name>Public 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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        <fairValLevel>2</fairValLevel>
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        <name>Clackamas County Hospital Facility Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gracewater Sarasota Community Development District</name>
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        <name>Severance Shores Metropolitan District No. 4</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Henrico County Economic Development Authority</name>
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        <name>South Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, Series 2020 A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-03-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of New Braunfels TX</name>
        <lei>N/A</lei>
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          <isin value="US642573AC36"/>
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        <balance>882000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>757282.55000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Sandmine Road Community Development District</name>
        <lei>N/A</lei>
        <title>Sandmine Road Community Development District, Series 2021</title>
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          <isin value="US800063AE92"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187531.36000000</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>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
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          <isin value="US14054CEN56"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>522065.85000000</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>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Town of Flower Mound TX</name>
        <lei>N/A</lei>
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          <isin value="US34348RAG56"/>
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        <balance>2450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2044250.36000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2145150.25000000</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>2042-07-01</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>
      <invstOrSec>
        <name>Cross Creek North Community Development District</name>
        <lei>N/A</lei>
        <title>Cross Creek North Community Development District, Series 2023</title>
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          <isin value="US227521AL53"/>
          <other otherDesc="Inhouse Asset ID" value="1282081"/>
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        <balance>1255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1207254.53000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of Pilot Point TX</name>
        <lei>N/A</lei>
        <title>City of Pilot Point, Series 2022</title>
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          <isin value="US721614AL95"/>
          <other otherDesc="Inhouse Asset ID" value="1201833"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1413547.73000000</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>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CFM Community Development District</name>
        <lei>N/A</lei>
        <title>CFM Community Development District, Series 2021</title>
        <cusip>15721RAF3</cusip>
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          <isin value="US15721RAF38"/>
          <other otherDesc="Inhouse Asset ID" value="1147743"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174746.13000000</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>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>9th Avenue Metropolitan District No. 2</name>
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          <isin value="US65448PAA57"/>
          <other otherDesc="Inhouse Asset ID" value="950259"/>
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        <balance>7417000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6560747.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Cleveland-Cuyahoga County Port Authority</name>
        <lei>549300KI3FXFLUKF3A98</lei>
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        <cusip>18611HAA3</cusip>
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          <isin value="US18611HAA32"/>
          <other otherDesc="Inhouse Asset ID" value="1160212"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1292714.40000000</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>2055-12-01</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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      <invstOrSec>
        <name>California Pollution Control Financing Authority</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority, Series 2018</title>
        <cusip>130536RF4</cusip>
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          <isin value="US130536RF44"/>
          <other otherDesc="Inhouse Asset ID" value="1171774"/>
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        <balance>1690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1014000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
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        <title>Lakewood Ranch Stewardship District, Series 2020 A</title>
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          <isin value="US51265KEE47"/>
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        <balance>770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>588788.59000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</annualizedRt>
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      <invstOrSec>
        <name>Rustic Oaks Community Development District</name>
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          <isin value="US783089AC92"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1539521.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</maturityDt>
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          <annualizedRt>3.45000000</annualizedRt>
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      <invstOrSec>
        <name>City of Tomball TX</name>
        <lei>N/A</lei>
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        <cusip>889858AL0</cusip>
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          <isin value="US889858AL04"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>993003.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Hutto TX</name>
        <lei>N/A</lei>
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        <cusip>448529AC1</cusip>
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          <isin value="US448529AC17"/>
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        <balance>519000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>409790.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc., Series 2021 A</title>
        <cusip>14054CDZ9</cusip>
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          <isin value="US14054CDZ95"/>
          <other otherDesc="Inhouse Asset ID" value="1153281"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86412.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <cusip>74529JQG3</cusip>
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          <isin value="US74529JQG30"/>
          <other otherDesc="Inhouse Asset ID" value="966343"/>
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        <balance>25400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7074616.28000000</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>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>Military Installation Development Authority</name>
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        <name>Epperson North Community Development District</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>Conroe Local Government Corp.</name>
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        <name>Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue</name>
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        <name>Triple Creek Community Development District</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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        <name>Sandmine Road Community Development District</name>
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          <maturityDt>2041-11-01</maturityDt>
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        <name>City of Minneapolis MN</name>
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      <invstOrSec>
        <name>Enbrook Community Development District</name>
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      <invstOrSec>
        <name>County of Franklin OH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
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      <invstOrSec>
        <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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>Six Mile Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Royse City TX</name>
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        <curCd>USD</curCd>
        <valUSD>587650.01000000</valUSD>
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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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        <balance>790000.00000000</balance>
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        <valUSD>792274.33000000</valUSD>
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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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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>San Ysidro School District</name>
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        <valUSD>3760614.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>New York Transportation Development Corp.</name>
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          <isin value="US650116AR77"/>
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        <fairValLevel>2</fairValLevel>
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        <name>North River Ranch Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>West Villages Improvement District</name>
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          <isin value="US956454BW13"/>
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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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        <name>Southern Groves Community Development District No. 5</name>
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          <isin value="US843021AK20"/>
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        <balance>400000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>2.80000000</annualizedRt>
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        <name>Village Metropolitan District (The)</name>
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        <balance>1750000.00000000</balance>
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        <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>City of Plano TX</name>
        <lei>N/A</lei>
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          <isin value="US727220AA34"/>
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        <balance>2343000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Grand Oaks Community Development District</name>
        <lei>N/A</lei>
        <title>Grand Oaks Community Development District, Series 2020</title>
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          <isin value="US38611CAH79"/>
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        <balance>1100000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Tempe Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MidCity Improvement District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cordova Palms 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>Kingman Gate Community Development District</name>
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        <curCd>USD</curCd>
        <valUSD>229030.88000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>3.12500000</annualizedRt>
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        <name>Clear Creek Transit Metropolitan District No. 2</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Franklin County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45204ER837"/>
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        <balance>10810000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8736749.02000000</valUSD>
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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>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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        <balance>382000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380241.16000000</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>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Rhodine Road North Community Development District</name>
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        <title>Rhodine Road North 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>2027-05-01</maturityDt>
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        <name>Travis County Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Midlothian TX</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-15</maturityDt>
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        <name>Meadow View at Twin Creeks Community Development District</name>
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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>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>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of Red Oak TX</name>
        <lei>549300VOCS0JLIVKWD34</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-09-15</maturityDt>
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          <annualizedRt>3.12500000</annualizedRt>
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        <name>Mississippi Home Corp.</name>
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          <isin value="US60535NCX30"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-01</maturityDt>
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          <annualizedRt>4.65000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
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        <balance>425000.00000000</balance>
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        <valUSD>346884.32000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Gracewater Sarasota Community Development District</name>
        <lei>N/A</lei>
        <title>Gracewater Sarasota Community Development District, Series 2021</title>
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          <isin value="US38410UAD90"/>
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        <invCountry>US</invCountry>
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        <name>Illinois Finance Authority</name>
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        <name>Metropolitan Transportation Authority</name>
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        <name>E-470 Public Highway Authority</name>
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        <name>Parkview at Long Lake Ranch Community Development District</name>
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        <name>North AR-1 Pasco Community Development District</name>
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        <name>Whispering Pines Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Two Rivers West Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ridge at Apopka Community Development District</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority, Series 2021 A-1</title>
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          <isin value="US126292CH25"/>
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        <curCd>USD</curCd>
        <valUSD>6641551.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Medina TX</name>
        <lei>N/A</lei>
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          <isin value="US584735AC84"/>
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        <balance>1085000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>922920.53000000</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>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakes of Sarasota Community Development District</name>
        <lei>N/A</lei>
        <title>Lakes of Sarasota Community Development District, Series 2021 A-2</title>
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          <isin value="US51206YAE05"/>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456006.86000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Aubrey TX</name>
        <lei>N/A</lei>
        <title>City of Aubrey, Series 2022</title>
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          <isin value="US050197AM44"/>
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        <balance>852000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>858623.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Northwood Municipal Utility District No. 1</name>
        <lei>N/A</lei>
        <title>Northwood Municipal Utility District No. 1, Series 2020</title>
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          <isin value="US668511BA52"/>
          <other otherDesc="Inhouse Asset ID" value="1075906"/>
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        <balance>585000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>568570.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <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>Wyandotte County-Kansas City Unified Government</name>
        <lei>N/A</lei>
        <title>Wyandotte County-Kansas City Unified Government, Series 2018</title>
        <cusip>982707AA9</cusip>
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          <isin value="US982707AA94"/>
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        <balance>1490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1364587.45000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rolling Hills Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US775658AZ01"/>
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        <balance>945000.00000000</balance>
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        <valUSD>725375.86000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Club Municipal Management District No. 1</name>
        <lei>N/A</lei>
        <title>Club Municipal Management District No. 1, Series 2021</title>
        <cusip>18948PAD3</cusip>
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          <isin value="US18948PAD33"/>
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        <balance>157000.00000000</balance>
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        <valUSD>144575.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Ferris TX</name>
        <lei>N/A</lei>
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          <isin value="US315388AE81"/>
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        <balance>926000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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      <invstOrSec>
        <name>Henderson Local Improvement Districts</name>
        <lei>N/A</lei>
        <title>Henderson Local Improvement Districts, Series 2022</title>
        <cusip>425208WF8</cusip>
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          <isin value="US425208WF89"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-09-01</maturityDt>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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          <isin value="US64542UAF12"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-01-01</maturityDt>
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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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        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
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          <isin value="US349506AC97"/>
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        <balance>1650000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Virginia Small Business Financing Authority</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority, Series 2023 A</title>
        <cusip>92810TAA1</cusip>
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          <isin value="US92810TAA16"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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      <invstOrSec>
        <name>Varrea South Community Development District</name>
        <lei>N/A</lei>
        <title>Varrea South Community Development District, Series 2023</title>
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          <isin value="US92228DAC83"/>
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        <name>Mississippi Home Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.00000000</annualizedRt>
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        <name>Tern Bay Community Development District</name>
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        <name>Waterset South Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Princeton TX</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <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>2052-04-01</maturityDt>
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        <name>Lehigh County Industrial Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-05-01</maturityDt>
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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>Public Finance Authority</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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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Capital Trust Agency, Inc.</name>
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        <name>San Diego Unified School District</name>
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        <name>Lake Deer Community Development District</name>
        <lei>N/A</lei>
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        <name>Viera Stewardship District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sorrento Pines Community Development District</name>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Berry Bay Community Development District</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Brookstone Community Development District</name>
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        <name>California Public Finance Authority</name>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Cypress Bay West Community Development District</name>
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        <name>Lakewood Ranch Stewardship District</name>
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        <name>Lake Deer Community Development District</name>
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      <invstOrSec>
        <name>City of Midlothian TX</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Scenic Terrace South Community Development District</name>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <curCd>USD</curCd>
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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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        <fairValLevel>2</fairValLevel>
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        <name>Whispering Pines Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wiregrass II Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indigo Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Evan's Place Metropolitan District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Indigo Community Development District</name>
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        <name>City of Georgetown TX</name>
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        <name>Parrish Lakes 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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      <invstOrSec>
        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank, Series 2021</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</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>
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        <name>Artisan Lakes East Community Development District</name>
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        <name>Laurel Road Community Development District</name>
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        <name>Raindance Metropolitan District No. 1 Non-Potable Water System Revenue</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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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          <annualizedRt>6.62500000</annualizedRt>
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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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        <curCd>USD</curCd>
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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>Park East Community Development District</name>
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          <maturityDt>2041-11-01</maturityDt>
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          <annualizedRt>3.15000000</annualizedRt>
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      <invstOrSec>
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        <balance>712000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>Ocean Shores Local Improvement 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>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Sioux Falls SD</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Avenir Community Development District</name>
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          <isin value="US05357JAS50"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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        <name>City of Manor TX</name>
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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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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Tuckers Pointe Community Development District</name>
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          <isin value="US898691AA82"/>
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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>Laurel Road Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Horseshoe Bay TX</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Cleveland-Cuyahoga County Port Authority</name>
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        <balance>700000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Lakewood Ranch Stewardship District</name>
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      <invstOrSec>
        <name>Tobacco Securitization Authority of Southern California</name>
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          <isin value="US888804AZ47"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>City of Fate 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>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Sherwood Manor Community Development District</name>
        <lei>N/A</lei>
        <title>Sherwood Manor Community Development District, Series 2023</title>
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          <isin value="US824391AF37"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>City of Sachse TX</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>2050-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>East Bonita Beach Road Community Development District</name>
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      <invstOrSec>
        <name>Ranches at Lake Mcleod Community Development District</name>
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        <name>Sierra Vista Industrial Development Authority</name>
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        <name>Sunbridge Stewardship District</name>
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        <name>Hammock Oaks Community Development District</name>
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        <name>Military Installation Development Authority</name>
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        <name>Southglenn Metropolitan District</name>
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        <name>Waterfront at Foster Lake Metropolitan District No. 2</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Viera Stewardship District</name>
        <lei>N/A</lei>
        <title>Viera Stewardship District, Series 2021</title>
        <cusip>92670TAA0</cusip>
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          <isin value="US92670TAA07"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>471051.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc., Series 2021 B</title>
        <cusip>14052WDQ7</cusip>
        <identifiers>
          <isin value="US14052WDQ78"/>
          <other otherDesc="Inhouse Asset ID" value="1143138"/>
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        <balance>9625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5782975.28000000</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>2031-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Willows Community Development District</name>
        <lei>N/A</lei>
        <title>Willows Community Development District, Series 2022</title>
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          <isin value="US971264AE64"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335932.04000000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zephyr Lakes Community Development District</name>
        <lei>N/A</lei>
        <title>Zephyr Lakes Community Development District, Series 2021</title>
        <cusip>98944TAH2</cusip>
        <identifiers>
          <isin value="US98944TAH23"/>
          <other otherDesc="Inhouse Asset ID" value="1151040"/>
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        <balance>935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>722475.15000000</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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Laurel Road Community Development District</name>
        <lei>N/A</lei>
        <title>Laurel Road Community Development District, Series 2021 A-2</title>
        <cusip>51888TAE6</cusip>
        <identifiers>
          <isin value="US51888TAE64"/>
          <other otherDesc="Inhouse Asset ID" value="1181315"/>
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        <balance>1935000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1704215.65000000</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>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bent Grass Metropolitan District</name>
        <lei>N/A</lei>
        <title>Bent Grass Metropolitan District, Series 2020</title>
        <cusip>082623AA7</cusip>
        <identifiers>
          <isin value="US082623AA78"/>
          <other otherDesc="Inhouse Asset ID" value="1087182"/>
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        <balance>1685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1547974.79000000</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>2049-12-01</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Allison Valley Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Allison Valley Metropolitan District No. 2, Series 2020</title>
        <cusip>01973MAA0</cusip>
        <identifiers>
          <isin value="US01973MAA09"/>
          <other otherDesc="Inhouse Asset ID" value="1126612"/>
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        <balance>4750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3836547.93000000</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>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
        <lei>5493004WIZ1HV87IVF85</lei>
        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Authority, Series 2020 A</title>
        <cusip>546276DA1</cusip>
        <identifiers>
          <isin value="US546276DA12"/>
          <other otherDesc="Inhouse Asset ID" value="1123466"/>
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        <balance>2970000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2343763.32000000</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>2040-12-01</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>Parrish Plantation Community Development District</name>
        <lei>N/A</lei>
        <title>Parrish Plantation Community Development District, Series 2022</title>
        <cusip>701830AH4</cusip>
        <identifiers>
          <isin value="US701830AH42"/>
          <other otherDesc="Inhouse Asset ID" value="1212740"/>
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        <balance>1130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1112368.95000000</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>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>
        <name>Cedar Bayou Navigation District</name>
        <lei>N/A</lei>
        <title>Cedar Bayou Navigation District, Series 2020</title>
        <cusip>15005CAB2</cusip>
        <identifiers>
          <isin value="US15005CAB28"/>
          <other otherDesc="Inhouse Asset ID" value="1121622"/>
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        <balance>7500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6036943.50000000</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>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Port Tampa Bay Community Development District</name>
        <lei>N/A</lei>
        <title>New Port Tampa Bay Community Development District, Series 2021</title>
        <cusip>648149AD4</cusip>
        <identifiers>
          <isin value="US648149AD45"/>
          <other otherDesc="Inhouse Asset ID" value="1131383"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>452457.00000000</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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      <invstOrSec>
        <name>Kalamazoo Economic Development Corp.</name>
        <lei>N/A</lei>
        <title>Kalamazoo Economic Development Corp., Series 2020 A</title>
        <cusip>483228DY5</cusip>
        <identifiers>
          <isin value="US483228DY50"/>
          <other otherDesc="Inhouse Asset ID" value="1110657"/>
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        <balance>8860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7014792.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <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>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99763.86000000</valUSD>
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        <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>2.62500000</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>
        <cusip>86216RAP4</cusip>
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          <isin value="US86216RAP47"/>
          <other otherDesc="Inhouse Asset ID" value="1148352"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205270.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <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>
        <lei>N/A</lei>
        <title>Epperson North Community Development District, Series 2021 A</title>
        <cusip>29429VAK9</cusip>
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          <isin value="US29429VAK98"/>
          <other otherDesc="Inhouse Asset ID" value="1169281"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>131059.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <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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        <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>
        <cusip>114534AH3</cusip>
        <identifiers>
          <isin value="US114534AH39"/>
          <other otherDesc="Inhouse Asset ID" value="1214849"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1725590.13000000</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>2052-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>City of Lavon TX</name>
        <lei>N/A</lei>
        <title>City of Lavon, Series 2022</title>
        <cusip>51946PBY9</cusip>
        <identifiers>
          <isin value="US51946PBY97"/>
          <other otherDesc="Inhouse Asset ID" value="1187419"/>
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        <balance>5295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4225771.65000000</valUSD>
        <pctVal>0.084588873093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <fairValLevel>2</fairValLevel>
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        <name>V-Dana Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Seminole County Industrial Development Authority</name>
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        <name>Westview South Community Development District</name>
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      <invstOrSec>
        <name>Grand Parkway Transportation Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tulsa County Industrial Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Anna TX</name>
        <lei>N/A</lei>
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          <isin value="US035713AJ52"/>
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        <balance>157000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144852.09000000</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>
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          <isin value="US59785RAG20"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>520304.62000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Lakewood Ranch Stewardship District</name>
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        <title>Lakewood Ranch Stewardship District, Series 2021</title>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>527841.27000000</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>City of Las Vegas NV Special Improvement District No. 812</name>
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          <isin value="US517784AQ70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <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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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>2.87500000</annualizedRt>
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        <name>City of Las Vegas NV Special Improvement District No. 610</name>
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          <isin value="US51778RAT05"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wind Meadows South Community Development District</name>
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          <isin value="US97316TAC53"/>
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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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        <invCountry>US</invCountry>
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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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        <title>Shingle Creek at Bronson Community Development District, Series 2021</title>
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          <isin value="US82459NAB91"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>331952.93000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>City of Marble Falls TX</name>
        <lei>N/A</lei>
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          <isin value="US566035AK70"/>
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        <curCd>USD</curCd>
        <valUSD>136712.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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      <invstOrSec>
        <name>Upper Illinois River Valley Development Authority</name>
        <lei>N/A</lei>
        <title>Upper Illinois River Valley Development Authority, Series 2020 C</title>
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          <isin value="US91588LAP76"/>
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        <balance>10750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8464347.90000000</valUSD>
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        <name>Preserve at South Branch Community Development District</name>
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        <name>Capital Trust Agency, Inc.</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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        <name>California Pollution Control Financing Authority</name>
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        <name>Enbrook Community Development District</name>
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        <name>North Parkway Municipal Management District No. 1</name>
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        <name>City of Kyle TX</name>
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        <name>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</name>
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        <name>Cordova Palms Community Development District</name>
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        <name>Broadway Park North Metropolitan District No. 2</name>
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        <name>Villages of Glen Creek Community Development District</name>
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        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chester County Industrial Development 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>
        <name>Sawgrass Village Community Development District</name>
        <lei>N/A</lei>
        <title>Sawgrass Village Community Development District, Series 2023</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Edgewater East Community Development District</name>
        <lei>N/A</lei>
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        <balance>700000.00000000</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>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>CMFA Special Finance Agency</name>
        <lei>N/A</lei>
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          <isin value="US12574WAK62"/>
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        <balance>38000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27996591.20000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cottonwood Highlands Metropolitan District No. 1</name>
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          <isin value="US221865AA61"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>802255.32000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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          <isin value="US15114CFE93"/>
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        <balance>804000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>748442.31000000</valUSD>
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        <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>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>City of Manor TX</name>
        <lei>N/A</lei>
        <title>City of Manor, Series 2021</title>
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          <isin value="US564099AF67"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>263309.91000000</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>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Southern Groves Community Development District No. 5</name>
        <lei>N/A</lei>
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          <isin value="US843021AL03"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>803156.86000000</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>
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      <invstOrSec>
        <name>DW Bayview Community Development District</name>
        <lei>N/A</lei>
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        <balance>1160000.00000000</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>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>Saddle Creek Preserve of Polk County Community Development District</name>
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        <balance>610000.00000000</balance>
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        <valUSD>522015.61000000</valUSD>
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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>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>
        <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>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>Rolling Oaks Community Development District</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>County of Grand Forks ND</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Oak Point TX</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Boggy Branch Community Development District</name>
        <lei>N/A</lei>
        <title>Boggy Branch Community Development District, Series 2021</title>
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          <isin value="US09720PAA21"/>
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        <balance>295000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mississippi Home Corp.</name>
        <lei>549300FFY35B829JR607</lei>
        <title>Mississippi Home Corp., Series 2021 C-5</title>
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          <isin value="US60535NCT28"/>
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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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          <maturityDt>2044-11-01</maturityDt>
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          <annualizedRt>3.90000000</annualizedRt>
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        <name>New Hope Cultural Education Facilities Finance Corp.</name>
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        <name>Sandridge Community Development District</name>
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        <name>Red River Biorefinery LLC</name>
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        <issuerCat>CORP</issuerCat>
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        <name>Central Texas Regional Mobility Authority</name>
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        <name>South Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Finance Authority</name>
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        <name>City of Celina TX</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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          <maturityDt>2057-03-01</maturityDt>
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      <invstOrSec>
        <name>Astonia Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Lakewood Ranch Stewardship District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Grove Resort Community Development District</name>
        <lei>N/A</lei>
        <title>Grove Resort Community Development District, Series 2022</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Villamar Community Development District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>133583.07000000</valUSD>
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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>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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          <isin value="US14052WDS35"/>
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        <balance>715000.00000000</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>2031-01-01</maturityDt>
          <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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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
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      <invstOrSec>
        <name>Viera Stewardship District</name>
        <lei>N/A</lei>
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          <isin value="US92670TAB89"/>
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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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      <invstOrSec>
        <name>Plaza Metropolitan District No. 1</name>
        <lei>N/A</lei>
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          <isin value="US72818QAX16"/>
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        <balance>3000000.00000000</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>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Celina TX</name>
        <lei>N/A</lei>
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          <isin value="US15114CDS08"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>483697.95000000</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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      <invstOrSec>
        <name>City of Fort Worth TX</name>
        <lei>N/A</lei>
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        <balance>1530000.00000000</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>2032-09-01</maturityDt>
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        <name>River Hall Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DIATC Metropolitan District</name>
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          <isin value="US25283QAC15"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Triple Creek Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US89677RBA23"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-01</maturityDt>
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      <invstOrSec>
        <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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      <invstOrSec>
        <name>City of Sinton TX</name>
        <lei>N/A</lei>
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          <isin value="US829366AB98"/>
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        <balance>660000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
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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="US080382AG93"/>
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        <balance>1390000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>Capital Trust Agency, Inc.</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency, Inc., Series 2020 A</title>
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          <isin value="US14054DAN75"/>
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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>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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        <name>Aviary at Rutland Ranch Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Reserve at Van Oaks 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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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>Stoneybrook South Community Development District</name>
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      <invstOrSec>
        <name>North AR-1 Pasco Community Development District</name>
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      <invstOrSec>
        <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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      <invstOrSec>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Red Oak TX</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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        <name>Wiregrass II Community Development District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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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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      <invstOrSec>
        <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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        <name>Rivers Edge III Community Development District</name>
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          <maturityDt>2026-05-01</maturityDt>
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        <name>West Hillcrest Community Development District</name>
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        <name>Meadow View at Twin Creeks Community Development District</name>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>Fallschase 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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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59261AG500"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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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        <name>City of Marble Falls TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Veranda Community Development District II</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kindred Community Development District II</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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        <name>V-Dana 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>Cypress Park Estates Community Development District</name>
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        <name>Pine Isle Community Development District</name>
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        <name>County of Hays TX</name>
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        <name>Chapel Crossings Community Development District</name>
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          <maturityDt>2040-05-01</maturityDt>
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      <invstOrSec>
        <name>Avalon Park West Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Waterford Community Development District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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      <invstOrSec>
        <name>Six Mile Creek Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>City of Fate TX</name>
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        <balance>591000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>547664.16000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>Cleveland-Cuyahoga County Port Authority</name>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1040354.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tohoqua Community Development District</name>
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          <isin value="US88907RAD17"/>
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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>
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      <invstOrSec>
        <name>Riverside County Transportation Commission</name>
        <lei>5493003G0IESJS57M350</lei>
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          <isin value="US76912DAR98"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2079176.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Grand Oaks Community Development District</name>
        <lei>N/A</lei>
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          <isin value="US38611CAN48"/>
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        <balance>1205000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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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 2020</title>
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          <isin value="US05616KBA79"/>
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        <balance>1550000.00000000</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>
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          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Saddle Creek Preserve of Polk County Community Development District</name>
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          <isin value="US786230AG73"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367457.19000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-15</maturityDt>
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      <invstOrSec>
        <name>Veranda Community Development District II</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>City of Manor TX</name>
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          <isin value="US564099AE92"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-15</maturityDt>
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          <annualizedRt>3.12500000</annualizedRt>
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      <invstOrSec>
        <name>Aurora Crossroads Metropolitan District No. 2</name>
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          <isin value="US05162QAA31"/>
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          <maturityDt>2040-12-01</maturityDt>
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      <invstOrSec>
        <name>City of Princeton TX</name>
        <lei>N/A</lei>
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          <maturityDt>2030-09-01</maturityDt>
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        <name>Quail Roost Community Development District</name>
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          <isin value="US74737QAE70"/>
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          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>City of Lago Vista TX</name>
        <lei>5493004GT2GICXFJPF35</lei>
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          <isin value="US507081AW73"/>
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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>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>County of Jefferson AL Sewer Revenue</name>
        <lei>N/A</lei>
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          <isin value="US472682RS47"/>
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        <balance>30825000.00000000</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>2032-10-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>Denver International Business Center Metropolitan District No. 1</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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        <name>Grand Oaks Community Development District</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>Cypress Ridge Community Development District</name>
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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>2042-05-01</maturityDt>
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          <annualizedRt>5.40000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Mesquite TX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>North AR-1 Pasco Community Development District</name>
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          <isin value="US65725AAF12"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>Forest Lake Community Development District</name>
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          <maturityDt>2042-05-01</maturityDt>
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        <name>Banning Lewis Ranch Regional Metropolitan District No. 1</name>
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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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          <isin value="US889560EW48"/>
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        <name>City of Maryland Heights MO</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.12500000</annualizedRt>
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        <name>City of Celina TX</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cape Girardeau County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Cape Girardeau County Industrial Development Authority, Series 2017 A</title>
        <cusip>139404GP6</cusip>
        <identifiers>
          <isin value="US139404GP60"/>
          <other otherDesc="Inhouse Asset ID" value="1089874"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254823.78000000</valUSD>
        <pctVal>0.005100904207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank, Series 2021</title>
        <cusip>60534XLT1</cusip>
        <identifiers>
          <isin value="US60534XLT18"/>
          <other otherDesc="Inhouse Asset ID" value="1168580"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>711123.04000000</valUSD>
        <pctVal>0.014234819475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>River Landing Community Development District</name>
        <lei>N/A</lei>
        <title>River Landing Community Development District, Series 2023 A</title>
        <cusip>76828JAH1</cusip>
        <identifiers>
          <isin value="US76828JAH14"/>
          <other otherDesc="Inhouse Asset ID" value="1271116"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1004323.90000000</valUSD>
        <pctVal>0.020103932242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</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>Baseline Metropolitan District No. 1</name>
        <lei>N/A</lei>
        <title>Baseline Metropolitan District No. 1, Series 2021 B</title>
        <cusip>069826AC9</cusip>
        <identifiers>
          <isin value="US069826AC94"/>
          <other otherDesc="Inhouse Asset ID" value="1148666"/>
        </identifiers>
        <balance>2190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1969415.97000000</valUSD>
        <pctVal>0.039422546070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abbott Square Community Development District</name>
        <lei>N/A</lei>
        <title>Abbott Square Community Development District, Series 2022</title>
        <cusip>00284AAC8</cusip>
        <identifiers>
          <isin value="US00284AAC80"/>
          <other otherDesc="Inhouse Asset ID" value="1202840"/>
        </identifiers>
        <balance>915000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>907243.27000000</valUSD>
        <pctVal>0.018160632468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-15</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>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Series 2021 A</title>
        <cusip>45204FGC3</cusip>
        <identifiers>
          <isin value="US45204FGC32"/>
          <other otherDesc="Inhouse Asset ID" value="1129346"/>
        </identifiers>
        <balance>13560000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11044709.50000000</valUSD>
        <pctVal>0.221086137073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <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>Twisted Oaks Pointe Community Development District</name>
        <lei>N/A</lei>
        <title>Twisted Oaks Pointe Community Development District, Series 2023</title>
        <cusip>90184FAB1</cusip>
        <identifiers>
          <isin value="US90184FAB13"/>
          <other otherDesc="Inhouse Asset ID" value="1262356"/>
        </identifiers>
        <balance>740000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>730662.90000000</valUSD>
        <pctVal>0.014625956261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>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>5018839.50000000</valUSD>
        <pctVal>0.100464012896</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>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301614.27000000</valUSD>
        <pctVal>0.006037527183</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>2166031.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2342747.29000000</valUSD>
        <pctVal>0.046895660631</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>884241.60000000</valUSD>
        <pctVal>0.017700199320</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>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>479294.38000000</valUSD>
        <pctVal>0.009594217303</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>Joshua Farms Municipal Management District No. 1</name>
        <lei>N/A</lei>
        <title>Joshua Farms Municipal Management District No. 1, Series 2023</title>
        <cusip>481043AA5</cusip>
        <identifiers>
          <isin value="US481043AA58"/>
          <other otherDesc="Inhouse Asset ID" value="1246557"/>
        </identifiers>
        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>389621.17000000</valUSD>
        <pctVal>0.007799194663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>4.37500000</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>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>718037.50000000</valUSD>
        <pctVal>0.014373228843</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>958032.99000000</valUSD>
        <pctVal>0.019177309547</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>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236108.43000000</valUSD>
        <pctVal>0.004726271951</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>2023-10-02</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Tax Free Trust</ncom:nameOfApplicant>
      <ncom:signature>Ryan Wheeler</ncom:signature>
      <ncom:signerName>Ryan Wheeler</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
