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        <name>Florida Gulf Coast University Financing Corp.</name>
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        <name>San Antonio Water System</name>
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        <name>Indiana Finance Authority</name>
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        <name>University of Arkansas</name>
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        <name>Florida Atlantic University Finance Corp.</name>
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        <name>Swarthmore Borough Authority</name>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Montgomery County Public Facilities Authority/AL</name>
        <lei>N/A</lei>
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          <isin value="US613209CK94"/>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Finance Authority</name>
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          <isin value="US45204EZA99"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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          <isin value="US592041YW19"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152M327"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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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>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Atlantic University Finance Corp.</name>
        <lei>N/A</lei>
        <title>Florida Atlantic University Finance Corp., Student Housing Project</title>
        <cusip>31200CCA2</cusip>
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          <isin value="US31200CCA27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
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        <name>County of Cambria PA</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>UAB Medicine Finance Authority</name>
        <lei>N/A</lei>
        <title>UAB Medicine Finance Authority</title>
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          <isin value="US902562CF24"/>
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        <name>Ennis Independent School District</name>
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        <name>Metropolitan St. Louis Sewer District</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <name>Bay Area Toll Authority</name>
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        <name>Western Michigan University</name>
        <lei>N/A</lei>
        <title>Western Michigan University</title>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>Cypress-Fairbanks Independent School District</name>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Abington School District</name>
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        <name>District of Columbia</name>
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        <name>Michigan State Housing Development Authority</name>
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        <name>Village of Bolingbrook IL</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>East Bay Municipal Utility District Wastewater System Revenue</name>
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        <name>Idaho Health Facilities Authority</name>
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        <name>Greenfield Middle School Building Corp.</name>
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        <name>Maryland Economic Development Corp.</name>
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        <name>University of Cincinnati</name>
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        <name>Riverside Public Financing Authority</name>
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        <name>Dallas Fort Worth International Airport</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>University of Arizona (The)</name>
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        <name>Highland Park Independent School District/Dallas County</name>
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        <name>University of Alaska</name>
        <lei>549300HX0P0XT4OEJZ25</lei>
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        <name>California School Finance Authority</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>State of Florida Department of Transportation Turnpike System Revenue</name>
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      <invstOrSec>
        <name>City of Burlington VT</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-11-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp., Asset-Backed, Series 2013A</title>
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          <isin value="US88880PCN24"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>City of Lynnwood WA Utility Revenue</name>
        <lei>N/A</lei>
        <title>City of Lynnwood, Utility System</title>
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          <isin value="US551702CP69"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Delaware State Health Facilities Authority</name>
        <lei>549300RXU7M05ZYSJG42</lei>
        <title>Delaware State Health Facilities Authority, Bayhealth Medical Center Project</title>
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          <isin value="US246388SK98"/>
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        <curCd>USD</curCd>
        <valUSD>28309.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Warren OH</name>
        <lei>N/A</lei>
        <title>County of Warren, Healthcare Facilities, Otterbein Homes Obligated Group</title>
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          <isin value="US93515PAY34"/>
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        <valUSD>1071180.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Transport Metropolitan District No. 3</name>
        <lei>N/A</lei>
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          <isin value="US89386FAC77"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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          <isin value="US455057R761"/>
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        <valUSD>4177840.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Duluth Independent School District No. 709</name>
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          <isin value="US264474HF70"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2022-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Moulton-Niguel Water 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>2038-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of South Miami Health Facilities Authority, Inc.</name>
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        <title>City of South Miami Health Facilities Authority, Inc., Baptist Health</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2042-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Brighton Crossing Metropolitan District No. 6</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Hoffman Estates Park District</name>
        <lei>N/A</lei>
        <title>Hoffman Estates Park District</title>
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          <isin value="US434462PE17"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
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        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&amp;D Redevelopment Project</title>
        <cusip>650116CP9</cusip>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Greenville City School District</name>
        <lei>N/A</lei>
        <title>Greenville City School District, School Improvement</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>Mississippi Development Bank</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank, Lafayette County School District Project</title>
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        <valUSD>23434.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2033-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Truckee Meadows Water Authority</name>
        <lei>549300GC367BYY1WT202</lei>
        <title>Truckee Meadows Water Authority</title>
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          <isin value="US897825GN90"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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        <name>District of Columbia</name>
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        <name>Mifflinburg Area School District</name>
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        <name>County of Hillsborough FL</name>
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          <maturityDt>2025-07-01</maturityDt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
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          <isin value="US888808HR61"/>
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        <curCd>USD</curCd>
        <valUSD>1783860.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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          <isin value="US6461362B62"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ingleside Independent School District/TX</name>
        <lei>N/A</lei>
        <title>Ingleside Independent School District</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Housing Finance Agency</name>
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          <maturityDt>2039-07-01</maturityDt>
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        <name>State of Illinois</name>
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        <name>Rim of the World Unified School District</name>
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        <name>Town of Fuquay-Varina NC</name>
        <lei>N/A</lei>
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        <name>St. Louis County Reorganized School District No. R-6</name>
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        <name>Tennessee Energy Acquisition Corp.</name>
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          <maturityDt>2036-07-01</maturityDt>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
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          <isin value="US888808HN57"/>
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          <maturityDt>2037-06-01</maturityDt>
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      <invstOrSec>
        <name>City of Lafayette IN Local Income Tax Revenue</name>
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        <name>Connecticut Housing Finance Authority</name>
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        <name>City of Cleveland TN</name>
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        <name>Yamhill County School District No. 40 McMinnville</name>
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        <name>Palestine Independent School District</name>
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        <name>Iowa Finance Authority</name>
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        <name>Orange County Convention Center/Orlando</name>
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        <name>Western Michigan University</name>
        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <name>Illinois State Toll Highway Authority</name>
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        <name>New York City Water &amp; Sewer System</name>
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        <name>Oklahoma Development Finance Authority</name>
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        <name>Niles Community Schools/MI</name>
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        <name>Volusia County Educational Facility Authority</name>
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        <name>San Diego Unified School District/CA</name>
        <lei>N/A</lei>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>Energy Northwest</name>
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      <invstOrSec>
        <name>Georgia Housing &amp; Finance Authority</name>
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          <isin value="US373539ZB41"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>New York Transportation Development Corp.</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp., Delta Air Lines, Inc., LaGuardia Airport Terminals C&amp;D Redevelopment Project</title>
        <cusip>650116CQ7</cusip>
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          <isin value="US650116CQ76"/>
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        <valUSD>1648800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Cleveland TN</name>
        <lei>N/A</lei>
        <title>City of Cleveland, Series 2018B</title>
        <cusip>186523DG8</cusip>
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          <isin value="US186523DG87"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>470421.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Phoenix Civic Improvement Corp.</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp., Civic Plaza Expansion</title>
        <cusip>71884WCJ8</cusip>
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          <isin value="US71884WCJ80"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181088.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Montgomery Water Works &amp; Sanitary Sewer Board</name>
        <lei>N/A</lei>
        <title>Montgomery Water Works &amp; Sanitary Sewer Board</title>
        <cusip>613105KN4</cusip>
        <identifiers>
          <isin value="US613105KN47"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>946888.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California School Finance Authority</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Green Dot Public School Projects, Series 2018A</title>
        <cusip>13059TEZ8</cusip>
        <identifiers>
          <isin value="US13059TEZ84"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83809.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Oak Ridge TN</name>
        <lei>N/A</lei>
        <title>City of Oak Ridge</title>
        <cusip>671783UQ9</cusip>
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          <isin value="US671783UQ98"/>
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        <balance>720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>810374.40000000</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>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Cleveland TN</name>
        <lei>N/A</lei>
        <title>City of Cleveland, Series 2018B</title>
        <cusip>186523CX2</cusip>
        <identifiers>
          <isin value="US186523CX20"/>
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        <balance>285000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>358190.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Dakota Housing Finance Agency</name>
        <lei>549300DVQAGW0B16JX70</lei>
        <title>North Dakota Housing Finance Agency, Home Mortgage Finance Program</title>
        <cusip>658909FV3</cusip>
        <identifiers>
          <isin value="US658909FV39"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167816.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>Port Authority of New York &amp; New Jersey, Consolidated</title>
        <cusip>73358WVP6</cusip>
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          <isin value="US73358WVP66"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56940.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>California State University</name>
        <lei>N/A</lei>
        <title>California State University, Systemwide</title>
        <cusip>13077DBD3</cusip>
        <identifiers>
          <isin value="US13077DBD30"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36077.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tennessee State School Bond Authority</name>
        <lei>N/A</lei>
        <title>Tennessee State School Bond Authority, Series B</title>
        <cusip>880558HW4</cusip>
        <identifiers>
          <isin value="US880558HW48"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42072.10000000</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>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency, Homeownership Finance, Mortgage-Backed Securities Program</title>
        <cusip>60416QDL5</cusip>
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          <isin value="US60416QDL59"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5061.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports, International Airport Subordinate</title>
        <cusip>5444352P4</cusip>
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          <isin value="US5444352P40"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New York City Water &amp; Sewer System</name>
        <lei>N/A</lei>
        <title>New York City Water &amp; Sewer System, Second General Resolution, Fiscal Year 2012</title>
        <cusip>64972F5Q5</cusip>
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        <name>County of El Paso CO</name>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority, Presbyterian Villages of Michigan Obligated Group</title>
        <cusip>74442PQJ7</cusip>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma Housing Finance Agency</name>
        <lei>N/A</lei>
        <title>Oklahoma Housing Finance Agency, Single Family Mortgage, Homeownership Loan Program, Series 2011B</title>
        <cusip>67886MNN5</cusip>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Carolina Capital Facilities Finance Agency</name>
        <lei>549300PWNPSB7G58A235</lei>
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          <isin value="US65818PMB21"/>
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          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maricopa County Special Health Care District</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>School District of Philadelphia (The)</name>
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          <maturityDt>2043-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Oklahoma Turnpike Authority</name>
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          <isin value="US679111WR18"/>
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        <curCd>USD</curCd>
        <valUSD>1946168.55000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Village of Midlothian IL</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <name>Pennsylvania Housing Finance Agency</name>
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        <name>Montgomery County Industrial Development Authority/PA</name>
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        <name>Washington Metropolitan Area Transit Authority</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Vermont Student Assistance Corp.</name>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
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      <invstOrSec>
        <name>Buffalo &amp; Erie County Industrial Land Development Corp.</name>
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        <title>Buffalo &amp; Erie County Industrial Land Development Corp., D'youville College Project</title>
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      <invstOrSec>
        <name>Merrillville Building Corp.</name>
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        <title>Merrillville Building Corp.</title>
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          <isin value="US59027DAW65"/>
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          <maturityDt>2034-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of New Canaan CT</name>
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        <cusip>643136S47</cusip>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Licking Heights Local School District</name>
        <lei>N/A</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Lancaster County Hospital Authority/PA</name>
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          <isin value="US514045Q304"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-01</maturityDt>
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        <name>County of Pulaski AR</name>
        <lei>N/A</lei>
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        <name>Montgomery County Housing Opportunities Commission</name>
        <lei>549300HDL0LLRHMDL092</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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        <name>Riverside County Transportation Commission</name>
        <lei>5493003G0IESJS57M350</lei>
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        <name>North Texas Municipal Water District</name>
        <lei>N/A</lei>
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        <name>State of Colorado Department of Transportation</name>
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        <name>Newark Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Newark Higher Education Finance Corp., The Hughen Center, Inc.</title>
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        <name>Montana Facility Finance Authority</name>
        <lei>N/A</lei>
        <title>Montana Facility Finance Authority, SCL Health System</title>
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        <name>City of South Jordan UT</name>
        <lei>N/A</lei>
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        <name>Illinois Finance Authority</name>
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        <name>Industrial Development Authority of the City of Phoenix (The)</name>
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        <name>Rapid City Area School District No. 51-4/SD</name>
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      <invstOrSec>
        <name>California School Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US13059TFC80"/>
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      <invstOrSec>
        <name>Northeast Ohio Medical University</name>
        <lei>N/A</lei>
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          <isin value="US66433RBE71"/>
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          <maturityDt>2045-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Campbell Union High School District</name>
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          <maturityDt>2031-08-01</maturityDt>
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        <name>State of Louisiana</name>
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          <maturityDt>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Western Michigan University</name>
        <lei>N/A</lei>
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          <isin value="US958638YA09"/>
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          <maturityDt>2046-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of San Antonio TX Electric &amp; Gas Systems Revenue</name>
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          <isin value="US7962534U35"/>
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          <maturityDt>2032-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority, Henry Mayo Newhall Hospital</title>
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          <isin value="US13057EAL83"/>
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          <maturityDt>2047-10-15</maturityDt>
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        <name>University of Arkansas</name>
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        <name>Utah Infrastructure Agency</name>
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        <name>DuBois Hospital Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>Westchester Tobacco Asset Securitization Corp.</name>
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        <name>Douglas County Hospital Authority No. 2</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>Greenfield Middle School Building Corp.</name>
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        <name>University of Massachusetts Building Authority</name>
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        <name>Southeast Alabama Gas Supply District (The)</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Commonwealth of Massachusetts Transportation Fund Revenue</name>
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        <name>Carroll City-County Hospital Authority</name>
        <lei>N/A</lei>
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        <name>Public Power Generation Agency</name>
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          <isin value="US744434EG23"/>
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        <name>West Virginia Hospital Finance Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Rapid City Area School District No. 51-4/SD</name>
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        <name>Texas Public Finance Authority</name>
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        <name>University of Idaho</name>
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        <name>Los Angeles Department of Water &amp; Power System Revenue</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Glynn-Brunswick Memorial Hospital Authority</name>
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          <isin value="US380037HC85"/>
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        <name>City of Burlington VT</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XDN57"/>
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        <name>Plano Independent School District</name>
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        <name>City of Cleveland TN</name>
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        <name>Virginia Resources Authority</name>
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        <name>Indiana Finance Authority</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>State of Colorado</name>
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        <name>Suffolk County Economic Development Corp.</name>
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        <name>City of Greenwood SC Combined Public Utility Revenue</name>
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        <name>California School Finance Authority</name>
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        <name>Buckeye Tobacco Settlement Financing Authority</name>
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        <name>Chester County Industrial Development Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>Pierce County School District No. 416 White River</name>
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        <lei>N/A</lei>
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      <invstOrSec>
        <name>Knox County Health Educational &amp; Housing Facility Board</name>
        <lei>N/A</lei>
        <title>Knox County Health Educational &amp; Housing Facility Board, East Tennessee Children's Hospital</title>
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          <isin value="US499527DC01"/>
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        <curCd>USD</curCd>
        <valUSD>116176.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Public Power Generation Agency</name>
        <lei>N/A</lei>
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          <isin value="US744434DJ70"/>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
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        <cusip>60416QEQ3</cusip>
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          <isin value="US60416QEQ38"/>
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        <balance>10000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Ashland KY</name>
        <lei>N/A</lei>
        <title>City of Ashland, Kings Daughters Medical Center, Series 2016A</title>
        <cusip>044293BE7</cusip>
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          <isin value="US044293BE72"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1837692.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>Utility Debt Securitization Authority, Series 2013TE</title>
        <cusip>91802RAQ2</cusip>
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          <isin value="US91802RAQ20"/>
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        <curCd>USD</curCd>
        <valUSD>4750607.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Westchester County Local Development Corp.</name>
        <lei>549300KOSU8OC75V9238</lei>
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        <cusip>95737TEN2</cusip>
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          <isin value="US95737TEN28"/>
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        <curCd>USD</curCd>
        <valUSD>1119932.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Railsplitter Tobacco Settlement Authority</name>
        <lei>N/A</lei>
        <title>Railsplitter Tobacco Settlement Authority</title>
        <cusip>75076PAQ8</cusip>
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          <isin value="US75076PAQ81"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>202404.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>City of Rochester MN</name>
        <lei>549300006EX3INSHXA95</lei>
        <title>City of Rochester, Health Care Facilities, Mayo Clinic</title>
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          <isin value="US771902HE69"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44333.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Vermont Housing Finance Agency</name>
        <lei>549300RD7EYN90K0W008</lei>
        <title>Vermont Housing Finance Agency, Multiple Purpose</title>
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          <isin value="US924190EL10"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>South Dakota Housing Development Authority</name>
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        <name>Minnesota Housing Finance Agency</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency, Residential Housing Finance</title>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Lafayette Consolidated Government</name>
        <lei>N/A</lei>
        <title>Lafayette Consolidated Government</title>
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          <isin value="US506570XC96"/>
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        <name>City of Bryan TX Electric System Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Tobacco Settlement Financing Corp.</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp.</title>
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          <isin value="US888808HQ88"/>
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        <name>Metropolitan Transit Authority of Harris County Sales &amp; Use Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US41422EES81"/>
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        <name>City of Houston TX Airport System Revenue</name>
        <lei>N/A</lei>
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        <name>Village of Midlothian IL</name>
        <lei>N/A</lei>
        <title>Village of Midlothian</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mississippi Development Bank</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <title>Wisconsin Health &amp; Educational Facilities Authority, Beloit Health System, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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      <invstOrSec>
        <name>City of Oak Ridge TN</name>
        <lei>N/A</lei>
        <title>City of Oak Ridge</title>
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          <isin value="US671783UP16"/>
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          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Plains Energy Project</name>
        <lei>SVQOT7V5CPLIGNP5BE29</lei>
        <title>Central Plains Energy Project, Gas Project No. 3</title>
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          <isin value="US154871CN51"/>
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        <valUSD>2052675.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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="US6461363Q23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp., Idea Public Schools, Series 2016B</title>
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          <isin value="US187145GB77"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Long Beach Bond Finance Authority</name>
        <lei>549300BKBZ5U7OZH3S21</lei>
        <title>Long Beach Bond Finance Authority, Natural Gas, Series 2007A</title>
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          <isin value="US54241AAP84"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2071040.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Leavenworth County Unified School District No. 464</name>
        <lei>N/A</lei>
        <title>Leavenworth County Unified School District No. 464</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Hidalgo TX</name>
        <lei>N/A</lei>
        <title>County of Hidalgo, Certificates of Obligation</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Texas Department of Housing &amp; Community Affairs</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>Aurora Independent School District No. 2711</name>
        <lei>N/A</lei>
        <title>Aurora Independent School District No. 2711, School Building, Capital Appreciation, Series 2017B</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>City of Jacksonville FL</name>
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        <name>Northeast Ohio Medical University</name>
        <lei>N/A</lei>
        <title>Northeast Ohio Medical University</title>
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        <name>Village of Midlothian IL</name>
        <lei>N/A</lei>
        <title>Village of Midlothian</title>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Water &amp; Sewer System</name>
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        <name>City of Cleveland TN</name>
        <lei>N/A</lei>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <name>California Public Finance Authority</name>
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        <name>Montgomery County Higher Education and Health Authority</name>
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        <name>City of Greenwood SC Combined Public Utility Revenue</name>
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        <name>South Carolina State Housing Finance &amp; Development Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Missouri Housing Development Commission</name>
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        <name>Indiana Finance Authority</name>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>CSCDA Community Improvement Authority</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Larimer County School District No. R-1 Poudre</name>
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        <name>Millbrae Redevelopment Agency Successor Agency</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Swarthmore Borough Authority</name>
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        <name>Massachusetts Housing Finance Agency</name>
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        <name>North Texas Tollway Authority</name>
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        <name>New Hampshire Business Finance Authority</name>
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        <name>Killeen Independent School District</name>
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        <name>California School Finance Authority</name>
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        <name>City of Waxahachie TX</name>
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        <name>Metropolitan Pier &amp; Exposition Authority</name>
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      <invstOrSec>
        <name>Village of Midlothian IL</name>
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      <invstOrSec>
        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
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          <isin value="US56042RYJ57"/>
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        <name>South Dakota Housing Development Authority</name>
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          <isin value="US83756CAM73"/>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>El Paso County Hospital District</name>
        <lei>N/A</lei>
        <title>El Paso County Hospital District</title>
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          <isin value="US283590GZ43"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Illinois</name>
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        <title>State of Illinois</title>
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          <maturityDt>2029-01-01</maturityDt>
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        <name>State of Illinois</name>
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        <title>State of Illinois</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <cusip>87638QJX8</cusip>
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          <isin value="US87638QJX88"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>Alta Loma School District</name>
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        <name>State of Illinois</name>
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        <name>North Carolina Turnpike Authority</name>
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        <name>Florida Gulf Coast University Financing Corp.</name>
        <lei>N/A</lei>
        <title>Florida Gulf Coast University Financing Corp., Housing Project</title>
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        <name>Aurora Independent School District No. 2711</name>
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        <name>Vauxmont Metropolitan District</name>
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        <name>California State University</name>
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        <name>California Educational Facilities Authority</name>
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        <name>New York State Dormitory Authority</name>
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          <maturityDt>2037-06-01</maturityDt>
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        <name>California Health Facilities Financing Authority</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <name>Community Unit School District Number 427 DeKalb and Kane Counties Illinois</name>
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        <name>Development Authority for Fulton County</name>
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        <name>Denver Health &amp; Hospital Authority</name>
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        <name>Pennsylvania Housing Finance Agency</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>North Carolina Capital Facilities Finance Agency</name>
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        <name>Sparkill-Palisades Fire District</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>State of Illinois</name>
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          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tooele County Municipal Building Authority</name>
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          <maturityDt>2042-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971W7C82"/>
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        <name>State of Ohio</name>
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          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Miami-Dade FL</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Colorado Crossing Metropolitan District No. 2</name>
        <lei>N/A</lei>
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          <maturityDt>2050-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Ohio Higher Educational Facility Commission</name>
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        <name>Winnebago &amp; Boone Counties School District No. 205 Rockford</name>
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        <name>Northampton County General Purpose Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>District of Columbia</name>
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        <name>San Lorenzo Valley Unified School District/CA</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>District of Columbia</name>
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          <maturityDt>2043-07-01</maturityDt>
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      <invstOrSec>
        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <isin value="US97712D7S91"/>
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          <maturityDt>2046-08-15</maturityDt>
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        <name>Southeast Alabama Gas Supply District (The)</name>
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          <maturityDt>2049-04-01</maturityDt>
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          <annualizedRt>3.99999960</annualizedRt>
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        <name>King County School District No. 414 Lake Washington</name>
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          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Indiana Finance Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <maturityDt>2039-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Texas Tollway Authority</name>
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        <name>Calallen Independent School District</name>
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        <name>Maryland State Transportation Authority</name>
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        <name>JPMorgan Institutional Tax Free Money Market Fund</name>
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        <name>Greenway Independent School District No. 316</name>
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        <name>New York State Urban Development Corp.</name>
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      <invstOrSec>
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        <name>California School Finance Authority</name>
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        <name>Lakeville Independent School District No. 194</name>
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        <name>University of Michigan</name>
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        <name>Delaware State Economic Development Authority</name>
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        <name>Allegheny County Hospital Development Authority</name>
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        <name>County of King WA Sewer Revenue</name>
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        <name>California School Finance Authority</name>
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        <name>Tompkins County Development Corp.</name>
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        <name>Louisiana Public Facilities Authority</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>California Statewide Communities Development Authority</name>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <name>Metropolitan Atlanta Rapid Transit Authority</name>
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        <name>Clifton Higher Education Finance Corp.</name>
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        <name>UAB Medicine Finance Authority</name>
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        <name>City of Baltimore MD</name>
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        <name>North Texas Municipal Water District Upper East Fork Wastewater Interceptor System</name>
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        <name>East Central Regional Wastewater Treatment Facilities Operation Board</name>
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      <invstOrSec>
        <name>Texas Water Development Board</name>
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        <name>California School Finance Authority</name>
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          <isin value="US13059TFF12"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tarrant County Cultural Education Facilities Finance Corp.</name>
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        <name>Virginia Independent School District No. 706</name>
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        <name>State of Illinois</name>
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        <name>California State Public Works Board</name>
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        <name>New Jersey Educational Facilities Authority</name>
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        <name>Florida State University Housing Facility Revenue</name>
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        <name>City of Austin TX</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Virginia Resources Authority</name>
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        <name>Virginia Resources Authority</name>
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        <name>Texas Water Development Board</name>
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        <name>Mississippi Development Bank</name>
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        <name>Miami University/Oxford OH</name>
        <lei>N/A</lei>
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        <name>San Lorenzo Valley Unified School District/CA</name>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <name>Los Angeles Unified School District/CA</name>
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      <invstOrSec>
        <name>Pasadena Independent School District</name>
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      <invstOrSec>
        <name>Village of Hoffman Estates IL</name>
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      <invstOrSec>
        <name>New York State Environmental Facilities Corp.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Utah Infrastructure Agency</name>
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          <isin value="US917467CB63"/>
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        <curCd>USD</curCd>
        <valUSD>456656.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Montgomery County Industrial Development Authority/PA</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority, Waverly Heights Ltd. Project</title>
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          <isin value="US613609K540"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Minnesota Housing Finance Agency</name>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Alaska Industrial Development &amp; Export Authority</name>
        <lei>N/A</lei>
        <title>Alaska Industrial Development and Export Authority, Tanana Chiefs Conference Project</title>
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          <isin value="US011903GK13"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montgomery Water Works &amp; Sanitary Sewer Board</name>
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        <title>Montgomery Water Works &amp; Sanitary Sewer Board</title>
        <cusip>613105KM6</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montana Board of Housing</name>
        <lei>N/A</lei>
        <title>Montana Board of Housing, Single Family Homeownership</title>
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        <invCountry>US</invCountry>
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        <name>Wisconsin Housing &amp; Economic Development Authority</name>
        <lei>549300AT0SEG8YQT2K79</lei>
        <title>Wisconsin Housing &amp; Economic Development Authority, Home Ownership</title>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Delaware Valley Regional Finance Authority</name>
        <lei>549300HGYP3NW885TT18</lei>
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          <maturityDt>2029-10-01</maturityDt>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>Washington Health Care Facilities Authority</name>
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        <title>Washington Health Care Facilities Authority, Commonspirit Health</title>
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        <name>Douglas County Hospital Authority No. 2</name>
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        <title>Douglas County Hospital Authority No. 2, Children's Hospital Obligated Group</title>
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        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority, Infrastructure Pooled Financing Program</title>
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        <name>Arizona Board of Regents</name>
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        <name>Franklin-Mckinley School District</name>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <name>State of Illinois</name>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
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      <invstOrSec>
        <name>Las Vegas Convention &amp; Visitors Authority</name>
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        <name>Illinois Finance Authority</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Connecticut State Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Utah Infrastructure Agency</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>County of Franklin OH</name>
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        <name>Massachusetts Housing Finance Agency</name>
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        <title>Massachusetts Housing Finance Agency, Single Family Housing</title>
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        <name>Norfolk Economic Development Authority</name>
        <lei>N/A</lei>
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        <name>City of Tallahassee FL Utility System Revenue</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>West Harris County Regional Water Authority</name>
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        <name>Metropolitan Nashville Airport Authority (The)</name>
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        <name>City of Lowell MA</name>
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        <name>Colorado Health Facilities Authority</name>
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      <invstOrSec>
        <name>Michigan Strategic Fund</name>
        <lei>N/A</lei>
        <title>Michigan Strategic Fund, Holland Home Obligated Group</title>
        <cusip>594698RM6</cusip>
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          <isin value="US594698RM61"/>
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        <curCd>USD</curCd>
        <valUSD>836925.00000000</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>2043-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Trussville AL</name>
        <lei>N/A</lei>
        <title>City of Trussville</title>
        <cusip>898242LT7</cusip>
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          <isin value="US898242LT74"/>
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        <curCd>USD</curCd>
        <valUSD>29417.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Village of Midlothian IL</name>
        <lei>N/A</lei>
        <title>Village of Midlothian</title>
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          <isin value="US597810GF10"/>
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        <curCd>USD</curCd>
        <valUSD>98537.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Round Rock Independent School District</name>
        <lei>N/A</lei>
        <title>Round Rock Independent School District</title>
        <cusip>779240LH1</cusip>
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          <isin value="US779240LH15"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>196752.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Cook IL</name>
        <lei>5493004UMR7OX4YITE10</lei>
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        <cusip>213185LK5</cusip>
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          <isin value="US213185LK58"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>865767.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lafayette Consolidated Government</name>
        <lei>N/A</lei>
        <title>Lafayette Consolidated Government</title>
        <cusip>506570XD7</cusip>
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          <isin value="US506570XD79"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195922.50000000</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>2030-03-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Athens City School District</name>
        <lei>N/A</lei>
        <title>Athens City School District, School Facilities Construction and Improvement Bonds</title>
        <cusip>047195JH6</cusip>
        <identifiers>
          <isin value="US047195JH65"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>533167.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Galveston TX</name>
        <lei>N/A</lei>
        <title>County of Galveston, Road Bonds</title>
        <cusip>364195HZ3</cusip>
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          <isin value="US364195HZ31"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11512.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Adams CO</name>
        <lei>N/A</lei>
        <title>Adams County, Colorado Refunding and Improvement</title>
        <cusip>005596EH0</cusip>
        <identifiers>
          <isin value="US005596EH06"/>
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        <balance>2815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3069813.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eastern Municipal Water District Financing Authority</name>
        <lei>N/A</lei>
        <title>Eastern Municipal Water District Financing Authority, Water and Wastewater System</title>
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          <isin value="US27677SBK87"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1977045.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp./NY</name>
        <lei>N/A</lei>
        <title>Monroe County Industrial Development Corp., True North Rochester Preparatory Charter School Project</title>
        <cusip>61075YAD9</cusip>
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          <isin value="US61075YAD94"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>614854.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Burke NC</name>
        <lei>N/A</lei>
        <title>County of Burke, Limited Obligation</title>
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        <balance>25000.00000000</balance>
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        <valUSD>30334.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority, Seattle Cancer Care Alliance</title>
        <cusip>93978HXJ9</cusip>
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          <isin value="US93978HXJ93"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2841300.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Delaware State Housing Authority</name>
        <lei>N/A</lei>
        <title>Delaware State Housing Authority, Senior Single Family Mortgage</title>
        <cusip>246395WY9</cusip>
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        <balance>195000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>4.90000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Governmental Utility Authority</name>
        <lei>N/A</lei>
        <title>Florida Governmental Utility Authority</title>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Minneapolis/St. Paul Housing Finance Board/MN</name>
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        <cusip>603798AG4</cusip>
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        <balance>129.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2094-06-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Santa Clara Valley Transportation Authority</name>
        <lei>549300R6Q7T4MD3V9H68</lei>
        <title>Santa Clara Valley Transportation Authority, Sales Tax</title>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2023-12-15</maturityDt>
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        <name>Central Plains Energy Project</name>
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        <name>Kentucky Turnpike Authority</name>
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          <maturityDt>2023-07-01</maturityDt>
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        <name>Georgia Higher Education Facilities Authority</name>
        <lei>N/A</lei>
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        <name>University of Massachusetts Building Authority</name>
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        <name>Indiana Finance Authority</name>
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      <invstOrSec>
        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Township of West Bradford PA</name>
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          <maturityDt>2040-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
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          <isin value="US45204EBC12"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Washington State Housing Finance Commission</name>
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          <maturityDt>2041-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Health Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Wallingford CT</name>
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          <maturityDt>2021-03-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Dalton Whitfield County Joint Development Authority</name>
        <lei>N/A</lei>
        <title>Dalton Whitfield County Joint Development Authority, Hamilton Health Care System</title>
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          <isin value="US235641AL10"/>
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        <name>Montana Board of Housing</name>
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      <invstOrSec>
        <name>Berks County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Berks County Industrial Development Authority, Tower Health Project</title>
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        <name>University of Utah (The)</name>
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        <name>Pierce &amp; Lewis Counties School District No. 404</name>
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        <name>New York State Dormitory Authority</name>
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        <name>City of Port St. Lucie FL Utility System Revenue</name>
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        <name>Red Oak Independent School District</name>
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        <name>Vermont Student Assistance Corp.</name>
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      <invstOrSec>
        <name>Village of Tuxedo Park NY</name>
        <lei>N/A</lei>
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          <maturityDt>2031-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Transport Metropolitan District No. 3</name>
        <lei>N/A</lei>
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          <isin value="US89386FAB94"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Houston TX Combined Utility System Revenue</name>
        <lei>N/A</lei>
        <title>City of Houston, Combined Utility System, Junior Lien</title>
        <cusip>4424362G5</cusip>
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          <isin value="US4424362G59"/>
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        <curCd>USD</curCd>
        <valUSD>3698000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>Metropolitan Transportation Authority</name>
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          <isin value="US59259N5Q27"/>
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        <curCd>USD</curCd>
        <valUSD>30343.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orange County Health Facilities Authority</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority, Orlando Health, Inc.</title>
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          <isin value="US68450LER24"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>232556.90000000</valUSD>
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          <maturityDt>2045-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000040</annualizedRt>
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      <invstOrSec>
        <name>Greenville City School District</name>
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        <title>Greenville City School District, School Improvement</title>
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          <isin value="US396352FC56"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1042490.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of King WA Sewer Revenue</name>
        <lei>N/A</lei>
        <title>County of King, Sewer, Series 2102C</title>
        <cusip>495289D72</cusip>
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          <isin value="US495289D721"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42550.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of Connecticut</name>
        <lei>5493007GRO6CU0IKP741</lei>
        <title>State of Connecticut</title>
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          <isin value="US20772J2Q42"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30530.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tennessee Housing Development Agency</name>
        <lei>N/A</lei>
        <title>Tennessee Housing Development Agency, Homeownership Program</title>
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        <balance>30000.00000000</balance>
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        <valUSD>30759.90000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>California Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>California Educational Facilities Authority, Claremont McKenna College, Series 2015A</title>
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          <isin value="US130179DN18"/>
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          <maturityDt>2039-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Private Colleges &amp; Universities Authority</name>
        <lei>N/A</lei>
        <title>Private Colleges &amp; Universities Authority, Emory University</title>
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          <isin value="US74265LU229"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Vermont Housing Finance Agency</name>
        <lei>549300RD7EYN90K0W008</lei>
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          <isin value="US924190KG50"/>
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        <name>County of Warren OH</name>
        <lei>N/A</lei>
        <title>County of Warren, Healthcare Facilities, Otterbein Homes Obligated Group</title>
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        <name>Broadway Park North Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Broadway Park North Metropolitan District No. 2, Limited Tax</title>
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          <isin value="US111561AC02"/>
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        <name>Texas Woman's University</name>
        <lei>N/A</lei>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp.</title>
        <cusip>79467BBT1</cusip>
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          <isin value="US79467BBT17"/>
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        <balance>3500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Michigan State Building Authority</name>
        <lei>N/A</lei>
        <title>Michigan State Building Authority</title>
        <cusip>594615FU5</cusip>
        <identifiers>
          <isin value="US594615FU57"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56556.50000000</valUSD>
        <pctVal>0.008990847100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</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>New York State Urban Development Corp.</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>New York State Urban Development Corp., State Sales Tax</title>
        <cusip>64985TAL5</cusip>
        <identifiers>
          <isin value="US64985TAL52"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2483980.00000000</valUSD>
        <pctVal>0.394880948803</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-15</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>Capital Region Airport Commission</name>
        <lei>N/A</lei>
        <title>Capital Region Airport Commission (Richmond International Airport), Series 2016A</title>
        <cusip>140442FU3</cusip>
        <identifiers>
          <isin value="US140442FU33"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>383565.00000000</valUSD>
        <pctVal>0.060975736973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-03-30</ncom:dateSigned>
      <ncom:nameOfApplicant>JPMorgan Trust II</ncom:nameOfApplicant>
      <ncom:signature>Timothy J. Clemens</ncom:signature>
      <ncom:signerName>Timothy J. Clemens</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
