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        <name>Albany-Dougherty Inner City Authority</name>
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          <maturityDt>2024-09-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <maturityDt>2041-03-01</maturityDt>
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        <name>New York Transportation Development Corp.</name>
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        <name>Massachusetts Housing Finance Agency</name>
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        <name>Louisiana Public Facilities Authority</name>
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      <invstOrSec>
        <name>Dakota County Community Development Agency</name>
        <lei>N/A</lei>
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          <isin value="US23410BAC54"/>
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      <invstOrSec>
        <name>Minnesota Office of Higher Education</name>
        <lei>N/A</lei>
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          <maturityDt>2027-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Will County Forest Preserve District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Philadelphia Authority for Industrial Development</name>
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          <isin value="US71780CBG42"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Carolina Capital Facilities Finance Agency</name>
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          <isin value="US65818PNM76"/>
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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority, Longwood Gardens Project</title>
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          <isin value="US165588DW18"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Lehigh County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Lehigh County Industrial Development Authority, Seven Generation Charter School</title>
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          <isin value="US52481MAB63"/>
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          <maturityDt>2041-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>South Carolina Jobs-Economic Development Authority</name>
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        <cusip>83704EAB0</cusip>
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          <isin value="US83704EAB02"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>8.75000000</annualizedRt>
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        <name>California Community Housing Agency</name>
        <lei>N/A</lei>
        <title>California Community Housing Agency, Glendale Properties</title>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Springpoint Senior Living Project</title>
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        <name>Utah Associated Municipal Power Systems</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
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        <name>Lehigh County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Lehigh County Industrial Development Authority, Seven Generation Charter School</title>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
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        <name>California School Finance Authority</name>
        <lei>N/A</lei>
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        <name>Northeast Ohio Medical University</name>
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        <name>Arizona Industrial Development Authority</name>
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      <invstOrSec>
        <name>Washington Higher Education Facilities Authority</name>
        <lei>N/A</lei>
        <title>Washington Higher Education Facilities Authority, Seattle Pacific University Project</title>
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          <isin value="US9397812M19"/>
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        <curCd>USD</curCd>
        <valUSD>893191.57000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Atlantic County Improvement Authority (The)</name>
        <lei>N/A</lei>
        <title>Atlantic County Improvement Authority (The), Atlantic City Campus Phase II Project</title>
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          <isin value="US048501JJ03"/>
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        <curCd>USD</curCd>
        <valUSD>120919.87000000</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>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Madison County Hospital Authority No. 1</name>
        <lei>N/A</lei>
        <title>Madison County Hospital Authority No. 1, Faith Regional Health Services Project</title>
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          <isin value="US557352FL03"/>
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        <curCd>USD</curCd>
        <valUSD>813485.81000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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          <isin value="US97712DYC46"/>
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        <curCd>USD</curCd>
        <valUSD>460154.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
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          <isin value="US46247CBZ14"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Illinois Finance Authority</name>
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        <title>Illinois Finance Authority, Plymouth Place, Inc.</title>
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          <isin value="US45204FHN87"/>
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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>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>University of Arizona (The)</name>
        <lei>N/A</lei>
        <title>University of Arizona (The), Stimulus Plan for Economic and Educational Development</title>
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          <isin value="US040484WK92"/>
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        <valUSD>923497.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
        <title>West Cornwall Township Municipal Authority, Lebanon Valley Brethren Home Project</title>
        <cusip>95235TAS2</cusip>
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          <isin value="US95235TAS24"/>
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        <balance>370000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Community Health Centers of The Central Coast, Inc.</title>
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          <isin value="US13048VUU06"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority, Longwood Gardens Project</title>
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          <isin value="US165588EG58"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Health &amp; Educational Facilities Authority</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
        <title>West Cornwall Township Municipal Authority, Lebanon Valley Brethren Home Project</title>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>King County Housing Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2028-01-01</maturityDt>
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        <name>County of Baltimore MD</name>
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        <name>State of Texas</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Ohio Water Development Authority</name>
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        <name>Butler County Port Authority</name>
        <lei>549300LIKUQ3LQUKO260</lei>
        <title>Butler County Port Authority, Community First Solutions</title>
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        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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          <isin value="US041806L401"/>
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        <name>Boerne School District</name>
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      <invstOrSec>
        <name>George L Smith II Congress Center Authority</name>
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        <title>George L Smith II Congress Center Authority, Convention Center Hotel Second</title>
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          <isin value="US37255MAD74"/>
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          <maturityDt>2031-01-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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        <name>George L Smith II Congress Center Authority</name>
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        <title>George L Smith II Congress Center Authority, Convention Center Hotel Second</title>
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          <isin value="US37255MAE57"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-01</maturityDt>
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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>
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          <isin value="US64972GFQ29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Clear Creek Independent School District</name>
        <lei>N/A</lei>
        <title>Clear Creek Independent School District, Unlimited Tax</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-15</maturityDt>
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          <annualizedRt>1.35000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Social Bonds-Learn Chapter School Project</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Indianapolis Local Public Improvement Bond Bank</name>
        <lei>549300LX8ESJHDSESB87</lei>
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        <name>Essex County Improvement Authority</name>
        <lei>N/A</lei>
        <title>Essex County Improvement Authority, North Star Academy Charter School of Newark, Inc., 2020 Project</title>
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        <name>University of Arizona (The)</name>
        <lei>N/A</lei>
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          <isin value="US040484WH63"/>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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        <name>Midtown Redevelopment Authority</name>
        <lei>N/A</lei>
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        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp., Kipp Texas, Inc.</title>
        <cusip>041806ZW3</cusip>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <name>Washington Health Care Facilities Authority</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
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        <invCountry>US</invCountry>
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          <isin value="US46247CBW82"/>
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          <maturityDt>2028-09-01</maturityDt>
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      <invstOrSec>
        <name>Lakota Local School District/Butler County</name>
        <lei>N/A</lei>
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          <isin value="US512804RD99"/>
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          <maturityDt>2025-12-01</maturityDt>
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        <name>Illinois Finance Authority</name>
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          <maturityDt>2033-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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          <isin value="US25483VXZ20"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Colorado School of Mines</name>
        <lei>549300TQMFMDZTM5HY46</lei>
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          <isin value="US19658QFE26"/>
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        <balance>930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>928439.55000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.55800105</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, Arizona Autism Charter Schools Project</title>
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          <isin value="US56681NGJ00"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>City of Woodbury MN</name>
        <lei>N/A</lei>
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          <maturityDt>2041-07-01</maturityDt>
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        <name>North Dakota Housing Finance Agency</name>
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          <isin value="US658909NJ19"/>
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        <name>Albany-Dougherty Inner City Authority</name>
        <lei>N/A</lei>
        <title>Albany-Dougherty Inner City Authority, State University Projects</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>California School Finance Authority</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Kipp Socal Projects</title>
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          <isin value="US13059TGW36"/>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Health Facilities Financing Authority</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority, On Lok Senior Health Service</title>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2022-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Southern Illinois University</name>
        <lei>N/A</lei>
        <title>Southern Illinois University</title>
        <cusip>8431464U2</cusip>
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          <isin value="US8431464U26"/>
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        <balance>400000.00000000</balance>
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        <name>Butler County Port Authority</name>
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        <name>District of Columbia</name>
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        <name>Texas State Affordable Housing Corp.</name>
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        <name>Washington State Housing Finance Commission</name>
        <lei>549300YL1HU59NREG764</lei>
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        <name>Wyoming Community Development Authority</name>
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        <name>Utah Charter School Finance Authority</name>
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        <name>Youngstown State University</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Conroe Local Government Corp.</name>
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        <name>Ohio State University (The)</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Chester County Industrial Development Authority</name>
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        <name>University of North Dakota</name>
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        <name>Florida Development Finance Corp.</name>
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        <name>Florida Development Finance Corp.</name>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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      <invstOrSec>
        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Maine Health and Higher Educational Facilities Authority</title>
        <cusip>56042RS52</cusip>
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          <isin value="US56042RS522"/>
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        <valUSD>152989.59000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp., Newman International Academy</title>
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          <isin value="US041806E976"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Irving Hospital Authority</name>
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          <isin value="US463794JU21"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-10-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Health Facility Financing Authority</name>
        <lei>549300P2SI60HN6M7V39</lei>
        <title>Indiana Health Facility Financing Authority, Ascension Health Credit Group</title>
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          <isin value="US454798SZ38"/>
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        <balance>1670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1933975.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health and Educational Facilities Authority, Franciscan Sisters of Christian Charity Sponsored Ministries, Inc., Series 2017A</title>
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          <isin value="US97712DYD29"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Delaware County Authority</name>
        <lei>N/A</lei>
        <title>Delaware County Authority, Neumann University</title>
        <cusip>246008PK6</cusip>
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          <isin value="US246008PK67"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>257330.71000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Springpoint Senior Living Project</title>
        <cusip>63608SAG7</cusip>
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          <isin value="US63608SAG75"/>
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        <balance>290000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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        <title>Colorado Educational and Cultural Facilities Authority, Vega Collegiate Academy Project</title>
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          <isin value="US19645UEV26"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
        <lei>549300BJRX2FHSSZP042</lei>
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          <isin value="US19645UEP57"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Manchester NH</name>
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        <title>City of Manchester, School Facilities</title>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>Western Michigan University</name>
        <lei>N/A</lei>
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          <isin value="US958638XN39"/>
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          <maturityDt>2030-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Eisenhower Medical Center, Series 2017B</title>
        <cusip>13048T4T7</cusip>
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          <isin value="US13048T4T73"/>
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          <maturityDt>2026-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Broward FL</name>
        <lei>N/A</lei>
        <title>County of Broward, Fuel System, Fort Lauderdale Fuel Facilities LLC Project</title>
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        <name>Massachusetts Housing Finance Agency</name>
        <lei>549300NLJBK1VP6K2K81</lei>
        <title>Massachusetts Housing Finance Agency, Single Family Housing</title>
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        <name>Delaware State Health Facilities Authority</name>
        <lei>549300RXU7M05ZYSJG42</lei>
        <title>Delaware Health Facilities Authority, Beebe Medical Center Project</title>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, Community Health Centers of The Central Coast, Inc.</title>
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          <isin value="US13048VVA33"/>
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      <invstOrSec>
        <name>City of Aurora IL</name>
        <lei>N/A</lei>
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        <name>Newark Higher Education Finance Corp.</name>
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        <name>Southern Illinois University</name>
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        <name>Atlantic County Improvement Authority (The)</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp.</title>
        <cusip>041806K82</cusip>
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          <isin value="US041806K825"/>
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        <curCd>USD</curCd>
        <valUSD>116495.70000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Vermont Student Assistance Corp.</name>
        <lei>549300VHYVRSKNFRSZ91</lei>
        <title>Vermont Student Assistance Corp., Education Loan</title>
        <cusip>92428CKE3</cusip>
        <identifiers>
          <isin value="US92428CKE39"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1065114.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Missouri Housing Development Commission</name>
        <lei>5493007FBL7WCV3NKY25</lei>
        <title>Missouri Housing Development Commission, Single Family Mortgage, First Place Homeownership Loan Program, Series 2106B</title>
        <cusip>60637BMC1</cusip>
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          <isin value="US60637BMC18"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>838559.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
        <lei>N/A</lei>
        <title>California Public Finance Authority, Enso Village Project, Green Bond</title>
        <cusip>13057GAA7</cusip>
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          <isin value="US13057GAA76"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>352510.77000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gainesville &amp; Hall County Hospital Authority</name>
        <lei>N/A</lei>
        <title>Gainesville and Hall County Hospital Authority, Northeast Georgia Health System, Inc., Project</title>
        <cusip>362762LH7</cusip>
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          <isin value="US362762LH75"/>
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        <balance>860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1013357.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Mater Academy Project</title>
        <cusip>34061UFW3</cusip>
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          <isin value="US34061UFW36"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>578324.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>South Dakota Housing Development Authority</name>
        <lei>549300G853EK61667C18</lei>
        <title>South Dakota Housing Development Authority, Homeownership Mortgage, Series A</title>
        <cusip>83756CXV2</cusip>
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          <isin value="US83756CXV26"/>
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        <balance>1650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1798040.64000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency, Southcoast Health System Obligated Group Issue</title>
        <cusip>57584YF87</cusip>
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          <isin value="US57584YF871"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>194617.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>King County Housing Authority</name>
        <lei>N/A</lei>
        <title>King County Housing Authority, Highland Village Project</title>
        <cusip>494762MV6</cusip>
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          <isin value="US494762MV69"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>585317.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Will County Forest Preserve District</name>
        <lei>N/A</lei>
        <title>Will County Forest Preservation District, Limited Tax</title>
        <cusip>968661HW1</cusip>
        <identifiers>
          <isin value="US968661HW11"/>
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        <balance>1170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1508283.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Western Michigan University</name>
        <lei>N/A</lei>
        <title>Western Michigan University, Tax Exempt</title>
        <cusip>958638XL7</cusip>
        <identifiers>
          <isin value="US958638XL72"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>132871.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia Authority for Industrial Development, Electrical and Charter School Project</title>
        <cusip>71780CBF6</cusip>
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          <isin value="US71780CBF68"/>
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        <balance>335000.00000000</balance>
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        <valUSD>381196.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority, School Facilities Construction</title>
        <cusip>64577XCJ3</cusip>
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          <isin value="US64577XCJ37"/>
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        <balance>300000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Southern Illinois University</name>
        <lei>N/A</lei>
        <title>Southern Illinois University</title>
        <cusip>8431464S7</cusip>
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          <isin value="US8431464S79"/>
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        <balance>775000.00000000</balance>
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          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aspen Fire Protection District</name>
        <lei>N/A</lei>
        <title>Aspen Fire Protection District</title>
        <cusip>045269AS6</cusip>
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          <isin value="US045269AS66"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2036-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Jersey Housing &amp; Mortgage Finance Agency</name>
        <lei>5493002ONULJL0FIGU24</lei>
        <title>New Jersey Housing and Mortgage Finance Agency, Riverside Senior Apartments Project</title>
        <cusip>646127EU0</cusip>
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          <isin value="US646127EU08"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.35000000</annualizedRt>
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      <invstOrSec>
        <name>Clear Creek Transit Metropolitan District No. 2</name>
        <lei>N/A</lei>
        <title>Clear Creek Transit Metropolitan District No. 2, Limited Tax</title>
        <cusip>184542AA6</cusip>
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          <isin value="US184542AA62"/>
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        <balance>525000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp., Newman International Academy</title>
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          <isin value="US041806F213"/>
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        <balance>300000.00000000</balance>
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        <name>Pennsylvania State University (The)</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Tennessee Housing Development Agency</name>
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        <name>Delaware State Economic Development Authority</name>
        <lei>N/A</lei>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Utah Transit Authority</name>
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          <isin value="US917565ET62"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-06-15</maturityDt>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Equitable School Revolving Fund</title>
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        <name>Maine State Housing Authority</name>
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        <name>Contra Costa County Public Financing Authority</name>
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        <name>Arizona Industrial Development Authority</name>
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        <name>Geisinger Authority</name>
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        <name>Houston Higher Education Finance Corp.</name>
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        <name>Connecticut State Higher Education Supplement Loan Authority</name>
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        <name>Western Michigan University</name>
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          <isin value="US958638XM55"/>
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        <name>San Antonio Education Facilities Corp.</name>
        <lei>N/A</lei>
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          <isin value="US796247DJ02"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Ohio Water Development Authority Water Pollution Control Loan Fund</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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      <invstOrSec>
        <name>Arizona State University</name>
        <lei>254900BLZ1MCZ5JLK411</lei>
        <title>Arizona State University, Green Bonds</title>
        <cusip>04048RLG9</cusip>
        <identifiers>
          <isin value="US04048RLG91"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86638.68000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Bucks County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Bucks County Industrial Development Authority, Grand View Hospital Project</title>
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          <isin value="US11861MBA36"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635561.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission, Case Western University Project</title>
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          <isin value="US67756DVP85"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>515258.80000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.62500040</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Philadelphia Authority for Industrial Development</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia Authority for Industrial Development, City Service Agreement, Affordable Housing Preservation Programs Project</title>
        <cusip>71783DAN5</cusip>
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          <isin value="US71783DAN57"/>
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        <curCd>USD</curCd>
        <valUSD>2195585.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Springpoint Senior Living Project</title>
        <cusip>63608SAK8</cusip>
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          <isin value="US63608SAK87"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>320636.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Public Finance Authority</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PTY1</cusip>
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          <isin value="US74442PTY15"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297456.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lee Memorial Health System</name>
        <lei>54930018FIX4OVLGH070</lei>
        <title>Lee Memorial Health System</title>
        <cusip>52385LDJ5</cusip>
        <identifiers>
          <isin value="US52385LDJ52"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1245840.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Dakota Housing Development Authority</name>
        <lei>549300G853EK61667C18</lei>
        <title>South Dakota Housing Development Authority, Homeownership Mortgage, Series 2015D</title>
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          <isin value="US83756CLL71"/>
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        <curCd>USD</curCd>
        <valUSD>898495.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Hardin OH</name>
        <lei>N/A</lei>
        <title>County of Hardin, Economic Development Facilities Improvement, Ohio Northern University</title>
        <cusip>412003AA3</cusip>
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          <isin value="US412003AA36"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>246101.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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, Residential Housing Finance</title>
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          <isin value="US60416SUC24"/>
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        <balance>420000.00000000</balance>
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        <valUSD>447917.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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., Highland Hospital of Rochester Project</title>
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          <isin value="US61075TVN52"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of New York Mortgage Agency</name>
        <lei>549300ZQWNLLIG564027</lei>
        <title>State of New York Mortgage Agency, Homeowner Mortgage</title>
        <cusip>649883L29</cusip>
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          <isin value="US649883L299"/>
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        <balance>635000.00000000</balance>
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        <valUSD>672531.74000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2046-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
        <lei>549300ISNGXS0VHGVD41</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Atlantic County Improvement Authority (The)</name>
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        <title>Atlantic County Improvement Authority (The), Atlantic City Campus Phase II Project</title>
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          <isin value="US048501JD33"/>
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          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Rose-Hulman Institute of Technology Project</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-06-01</maturityDt>
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      <invstOrSec>
        <name>New Jersey Educational Facilities Authority</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority, Stevens Institute of Technology</title>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority, University Hospital Issue</title>
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        <name>Build NYC Resource Corp.</name>
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      <invstOrSec>
        <name>City of Manchester NH</name>
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        <name>Southern Illinois University</name>
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        <name>Oklahoma Housing Finance Agency</name>
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        <name>California School Finance Authority</name>
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        <name>Vermont Housing Finance Agency</name>
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        <name>City of Detroit MI</name>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
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      <invstOrSec>
        <name>Peoria City School District No. 150</name>
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          <isin value="US713040JQ76"/>
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      <invstOrSec>
        <name>Atlantic County Improvement Authority (The)</name>
        <lei>N/A</lei>
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          <isin value="US048501JC59"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Broward County FL Water &amp; Sewer Utility Revenue</name>
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          <isin value="US115117LZ44"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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          <isin value="US04052BQD90"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>210283.14000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aspen Fire Protection District</name>
        <lei>N/A</lei>
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        <cusip>045269AR8</cusip>
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          <isin value="US045269AR83"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Madison County Hospital Authority No. 1</name>
        <lei>N/A</lei>
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          <isin value="US557352FK20"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-07-01</maturityDt>
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      <invstOrSec>
        <name>City of Carson City NV</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Bay Transportation Authority Sales Tax Revenue</name>
        <lei>N/A</lei>
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          <isin value="US575579H265"/>
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        <valUSD>2098533.92000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSCDA Community Improvement Authority</name>
        <lei>N/A</lei>
        <title>CSCDA Community Improvement Authority, Essential Housing, Parallel-Anaheim</title>
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          <isin value="US126292AD39"/>
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        <name>Iowa Student Loan Liquidity Corp.</name>
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          <maturityDt>2029-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
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          <isin value="US19645UGB44"/>
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        <name>Chester County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Chester County Industrial Development Authority, Longwood Gardens Project</title>
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        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
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        <name>Metropolitan Government Nashville &amp; Davidson County Health &amp; Educational Facilities Bonds</name>
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        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Social Bonds-Learn Chapter School Project</title>
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      <invstOrSec>
        <name>New Jersey Health Care Facilities Financing Authority</name>
        <lei>N/A</lei>
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        <name>Ohio Higher Educational Facility Commission</name>
        <lei>5493007MQT6NGNN6BR81</lei>
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      <invstOrSec>
        <name>Arlington Higher Education Finance Corp.</name>
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          <isin value="US98608MAJ09"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Connecticut Housing Finance Authority</name>
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        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Springpoint Senior Living Project</title>
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        <name>King County Housing Authority</name>
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        <name>Southern Illinois University</name>
        <lei>N/A</lei>
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          <isin value="US8431464Y48"/>
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        <name>Maryland Health &amp; Higher Educational Facilities Authority</name>
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        <name>Southwestern Illinois Development Authority</name>
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        <name>King County Housing Authority</name>
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        <name>City of Aurora IL</name>
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        <name>Michigan State Housing Development Authority</name>
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        <name>Brazos Higher Education Authority, Inc.</name>
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        <name>City of Erie Higher Education Building Authority</name>
        <lei>549300JDMWBZICIGLV66</lei>
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          <isin value="US295435CR08"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Georgia Housing &amp; Finance Authority</name>
        <lei>549300I628IMF9PWV724</lei>
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          <isin value="US3735397Z22"/>
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          <maturityDt>2047-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>FYI Properties</name>
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          <isin value="US302716BT19"/>
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          <maturityDt>2039-06-01</maturityDt>
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        <name>North Dakota Housing Finance Agency</name>
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          <isin value="US658909JU10"/>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>South Florida Water Management District</name>
        <lei>N/A</lei>
        <title>South Florida Water Management District</title>
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          <isin value="US83786PCR91"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Iowa Student Loan Liquidity Corp.</name>
        <lei>549300FO1LWVSZKGJK70</lei>
        <title>Iowa Student Loan Liquidity Corp., Student Loan</title>
        <cusip>462590KB5</cusip>
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          <isin value="US462590KB52"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1153634.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Miami Beach Redevelopment Agency</name>
        <lei>N/A</lei>
        <title>Miami Beach Redevelopment Agency, Historic Convention Village</title>
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          <isin value="US593237FF23"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Rose-Hulman Institute of Technology Project</title>
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          <isin value="US45506EBG70"/>
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        <balance>100000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-01</maturityDt>
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        <name>New Jersey Higher Education Student Assistance Authority</name>
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        <name>Atlantic County Improvement Authority (The)</name>
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        <name>Department of Veterans Affairs Veteran's Farm &amp; Home Purchase Program</name>
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        <name>County of Baltimore MD</name>
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        <name>Egg Harbor Township School District</name>
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        <name>University of North Carolina at Charlotte (The)</name>
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        <name>Georgia Housing &amp; Finance Authority</name>
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        <name>Henrico County Economic Development Authority</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>La Paz County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>La Paz County Industrial Development Authority, Harmony Public School Project</title>
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          <isin value="US50376FBQ90"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Erie Higher Education Building Authority</name>
        <lei>549300JDMWBZICIGLV66</lei>
        <title>City of Erie Higher Education Building Authority, Gannon University Project - AICUP Financing Program</title>
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          <isin value="US295435CS80"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>County of Baltimore MD</name>
        <lei>N/A</lei>
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          <isin value="US059136BG53"/>
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        <valUSD>326449.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California School Finance Authority</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Kipp Socal Projects</title>
        <cusip>13059TGX1</cusip>
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          <isin value="US13059TGX19"/>
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        <curCd>USD</curCd>
        <valUSD>126684.22000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Pennsylvania Housing Finance Agency</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency, Single Family Mortgage</title>
        <cusip>7087964R5</cusip>
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          <isin value="US7087964R50"/>
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        <valUSD>271458.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority, Emanate Health, Tax-Exempt</title>
        <cusip>13080SYY4</cusip>
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          <isin value="US13080SYY44"/>
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        <curCd>USD</curCd>
        <valUSD>2788703.11000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montgomery County Housing Opportunities Commission</name>
        <lei>549300HDL0LLRHMDL092</lei>
        <title>Montgomery County Housing Opportunities Commission, Single Family Mortgage, Series 2017A</title>
        <cusip>6133493W7</cusip>
        <identifiers>
          <isin value="US6133493W72"/>
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        <balance>840000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>897494.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, State Revolving Fund Program, Series 2021A</title>
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          <isin value="US45506EBS19"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Brazos Higher Education Authority, Inc.</name>
        <lei>N/A</lei>
        <title>Brazos Higher Education Authority, Inc., Tax-Exempt Student Loan Program</title>
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          <isin value="US10623ABP75"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>IDK PARTNERS III</name>
        <lei>N/A</lei>
        <title>IDK PARTNERS III Trust, Mortgage Pass-Through Certificates, Series 1999A</title>
        <cusip>449385AA1</cusip>
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          <isin value="US449385AA10"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</annualizedRt>
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      <invstOrSec>
        <name>Florida Development Finance Corp.</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp., Educational Facilities, River City Science Academy Projects</title>
        <cusip>34061UGM4</cusip>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Clifton Higher Education Finance Corp.</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp., Yes Prep Public Schools, Inc.</title>
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        <name>Maine Health &amp; Higher Educational Facilities Authority</name>
        <lei>N/A</lei>
        <title>Maine Health and Higher Educational Facilities Authority</title>
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        <lei>549300R89XDTQBK4GE22</lei>
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      <invstOrSec>
        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority, Single Family Mortgage-Backed Securities Program, Series C</title>
        <cusip>462467TZ4</cusip>
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          <annualizedRt>3.50000000</annualizedRt>
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        <name>Port Authority of New York &amp; New Jersey</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Clean Water Trust (The)</name>
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        <name>Allegheny County Hospital Development Authority</name>
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        <name>District of Columbia</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Delaware County Authority</name>
        <lei>N/A</lei>
        <title>Delaware County Authority, Neumann University</title>
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          <isin value="US246008PJ94"/>
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          <maturityDt>2022-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New Mexico Mortgage Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US647201FY34"/>
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          <maturityDt>2050-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Public Finance Authority</name>
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      <invstOrSec>
        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, Arizona Autism Charter School Project</title>
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          <isin value="US56681NGK72"/>
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        <name>Essex County Improvement Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Pennsylvania Economic Development Financing Authority</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority, Presbyterian Senior Living Project</title>
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        <name>West Cornwall Township Municipal Authority</name>
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        <name>Utah Housing Corp.</name>
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        <name>District of Columbia</name>
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        <name>Columbus Medical Center Hospital Authority</name>
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        <name>Southern Illinois University</name>
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        <name>Connecticut Housing Finance Authority</name>
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        <name>Vermont Student Assistance Corp.</name>
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        <name>Henrico County Economic Development Authority</name>
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        <name>District of Columbia</name>
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        <name>Uptown Development Authority</name>
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        <name>Butler County Port Authority</name>
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        <name>Arlington Higher Education Finance Corp.</name>
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        <name>Multifamily Housing Revenue Bond Pass-Through Certificates</name>
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        <name>Northeast Ohio Medical University</name>
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        <securityLending>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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          <annualizedRt>1.80000000</annualizedRt>
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      <invstOrSec>
        <name>Indiana Housing &amp; Community Development Authority</name>
        <lei>549300QRKDYVNHT1OE86</lei>
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          <isin value="US45505TQU87"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-01</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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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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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <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>Atlantic County Improvement Authority (The)</name>
        <lei>N/A</lei>
        <title>Atlantic County Improvement Authority (The), Atlantic City Campus Phase II Project</title>
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        <identifiers>
          <isin value="US048501JK75"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90465.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Midtown Redevelopment Authority</name>
        <lei>N/A</lei>
        <title>Midtown Redevelopment Authority, Tax Increment Contract</title>
        <cusip>598076GV3</cusip>
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          <isin value="US598076GV33"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>581203.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arizona Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority, Macombs Facility Project, Series 2021A</title>
        <cusip>04052BQC1</cusip>
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          <isin value="US04052BQC18"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187885.81000000</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>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Missouri Housing Development Commission</name>
        <lei>5493007FBL7WCV3NKY25</lei>
        <title>Missouri Housing Development Commission, Single Family Mortgage, First Place Homeownership Loan Program</title>
        <cusip>60637BXS4</cusip>
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          <isin value="US60637BXS41"/>
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        <balance>1760000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Huntington Local Development Corp.</name>
        <lei>N/A</lei>
        <title>Huntington Local Development Corp., Fountaingate Garden Project</title>
        <cusip>446490AT1</cusip>
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          <isin value="US446490AT17"/>
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        <balance>860000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Connecticut Housing Finance Authority</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>Connecticut Housing Finance Authority, Housing Mortgage Finance Program</title>
        <cusip>20775CZ56</cusip>
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          <isin value="US20775CZ568"/>
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        <balance>1220000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-15</maturityDt>
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          <annualizedRt>1.50000000</annualizedRt>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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        <name>Southwestern Illinois Development Authority</name>
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        <title>Southwestern Illinois Development Authority, Flood Prevention District Council Project</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Northside Independent School District</name>
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        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, HonorHealth, Series 2019A</title>
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        <name>Colorado Housing and Finance Authority</name>
        <lei>5493005GIROYQAWBMC18</lei>
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        <name>Suffolk County Economic Development Corp.</name>
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        <name>Lancaster Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Lancaster Industrial Development Authority, Landis Homes Retirement Community Project</title>
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          <isin value="US51434NAP33"/>
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        <name>School Board of Miami-Dade County (The)</name>
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        <name>Public Finance Authority</name>
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        <name>City of Tucson AZ Water System Revenue</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New Hope Cultural Education Facilities Finance Corp.</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp., Westminster Project</title>
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          <isin value="US64542UFM18"/>
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        <name>California School Finance Authority</name>
        <lei>N/A</lei>
        <title>California School Finance Authority, Kipp Socal Projects</title>
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          <isin value="US13059TGY91"/>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Irving Hospital Authority</name>
        <lei>N/A</lei>
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          <isin value="US463794JT57"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission, Lutheran Services for The Aging</title>
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          <isin value="US65821DYD73"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>North Carolina Medical Care Commission</name>
        <lei>549300FH6KOXGCHQYG81</lei>
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          <maturityDt>2051-02-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>Philadelphia Authority for Industrial Development</name>
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        <title>Philadelphia Authority for Industrial Development, Russell Byers Charter School Project</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Southwestern Illinois Development Authority</name>
        <lei>549300B1KLLJ8NU5XK71</lei>
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          <isin value="US84552YQX21"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-04-15</maturityDt>
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        <name>West Cornwall Township Municipal Authority</name>
        <lei>N/A</lei>
        <title>West Cornwall Township Municipal Authority, Lebanon Valley Brethren Home Project</title>
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        <name>District of Columbia</name>
        <lei>549300HWFOZXPKGOX654</lei>
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        <name>Wisconsin Health &amp; Educational Facilities Authority</name>
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        <name>Massachusetts Water Resources Authority</name>
        <lei>549300GBS2G3YGHOYO19</lei>
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        <name>American Municipal Power, Inc.</name>
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        <name>Mississippi Home Corp.</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>La Paz County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>La Paz County Industrial Development Authority, Harmony Public School Project</title>
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        <name>Colorado Educational &amp; Cultural Facilities Authority</name>
        <lei>549300BJRX2FHSSZP042</lei>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Massachusetts Housing Finance Agency</name>
        <lei>549300NLJBK1VP6K2K81</lei>
        <title>Massachusetts Housing Finance Agency, Single Family Housing</title>
        <cusip>57587ASJ8</cusip>
        <identifiers>
          <isin value="US57587ASJ87"/>
        </identifiers>
        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142334.35000000</valUSD>
        <pctVal>0.043111639910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dallas Area Rapid Transit</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
        <title>Dallas Area Rapid Transit, Sales Tax, Senior Lien</title>
        <cusip>235241RP3</cusip>
        <identifiers>
          <isin value="US235241RP37"/>
        </identifiers>
        <balance>2800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3291472.24000000</valUSD>
        <pctVal>0.996953764045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New Hampshire Business Finance Authority</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority, Springpoint Senior Living Project</title>
        <cusip>63608SAE2</cusip>
        <identifiers>
          <isin value="US63608SAE28"/>
        </identifiers>
        <balance>265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>292676.04000000</valUSD>
        <pctVal>0.088648622393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</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>
    <explntrNotes>








    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-12-30</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>
  <documents>XXXX</documents>
</edgarSubmission>
