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        <name>Pittsburg County Educational Facilities Authority</name>
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        <name>West Valley City Municipal Building Authority</name>
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        <name>Omaha School District</name>
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        <name>San Diego County Regional Transportation Commission</name>
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        <name>Town of East Hampton NY</name>
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        <name>Vermont Municipal Bond Bank</name>
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        <name>Birmingham Airport Authority</name>
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        <name>Massachusetts Development Finance Agency</name>
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          <maturityDt>2027-07-01</maturityDt>
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        <name>Maricopa County Pollution Control Corp.</name>
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        <name>Peoria County Community Unit School District No. 309 Brimfield</name>
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        <name>Triborough Bridge &amp; Tunnel Authority</name>
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        <name>Santa Barbara Unified School District</name>
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        <name>Grossmont Healthcare District</name>
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        <name>Pennsylvania Turnpike Commission</name>
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        <name>Cook County School District No. 99 Cicero</name>
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        <name>Irving Hospital Authority</name>
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        <lei>N/A</lei>
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        <name>New Jersey Economic Development Authority</name>
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      <invstOrSec>
        <name>Glenview Park District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>County of Loudoun VA</name>
        <lei>N/A</lei>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Jackson Public Schools/MI</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Long Island Power Authority</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>Regional Transportation District</name>
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        <name>Wagoner County School Development Authority</name>
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        <name>Madison-Macoupin Etc Counties Community College District No. 536/IL</name>
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        <name>Borough of North Slope AK</name>
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        <name>Quaker Valley School District/PA</name>
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        <name>Snohomish County Public Utility District No. 1</name>
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        <name>Maricopa County Pollution Control Corp.</name>
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        <name>State of Wisconsin</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>City of Cleveland OH Income Tax Revenue</name>
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        <name>Winston-Salem State University Foundation LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Colorado Bridge Enterprise</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Indiana Finance Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Will County Township High School District No. 204 Joliet</name>
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          <isin value="US969037MU11"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Duluth Independent School District No. 709</name>
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          <maturityDt>2025-02-01</maturityDt>
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        <name>City of Shreveport LA Water &amp; Sewer Revenue</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>County of Galveston TX</name>
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          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Kalamazoo Public Schools</name>
        <lei>N/A</lei>
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          <maturityDt>2022-05-01</maturityDt>
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        <name>Sports &amp; Exhibition Authority of Pittsburgh and Allegheny County</name>
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        <fairValLevel>2</fairValLevel>
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        <name>City of Chesterfield MO</name>
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        <name>Panther Valley School District</name>
        <lei>N/A</lei>
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        <name>Placentia-Yorba Linda Unified School District</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>City of El Paso TX</name>
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        <name>Maine Township High School District No. 207</name>
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        <name>Miami-Dade County Expressway Authority</name>
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        <name>Volusia County School Board</name>
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          <isin value="US92884EJU29"/>
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      <invstOrSec>
        <name>Carter County Public Facilities Authority</name>
        <lei>N/A</lei>
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        <name>County of Sandoval NM</name>
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          <maturityDt>2024-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Cook County School District No. 69 Skokie</name>
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          <isin value="US213759HB28"/>
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        <name>Cook County School District No. 69 Skokie</name>
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          <isin value="US213759HF32"/>
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      <invstOrSec>
        <name>California Public Finance Authority</name>
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      <invstOrSec>
        <name>City &amp; County of San Francisco CA</name>
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      <invstOrSec>
        <name>Birmingham Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US090888GN21"/>
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        <name>Louisville/Jefferson County Metropolitan Government</name>
        <lei>N/A</lei>
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        <name>Birmingham Airport Authority</name>
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          <isin value="US090888GR35"/>
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        <name>Champaign County Community Unit School District No. 4 Champaign</name>
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        <name>Irving Hospital Authority</name>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Wagoner County School Development Authority</name>
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          <maturityDt>2025-09-01</maturityDt>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
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          <isin value="US546399JF47"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>University of Central Arkansas</name>
        <lei>N/A</lei>
        <title>University of Central Arkansas, Student Housing System, Series 2019C</title>
        <cusip>914115P95</cusip>
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          <isin value="US914115P956"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Odessa Junior College District</name>
        <lei>N/A</lei>
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          <isin value="US676040JG44"/>
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        <balance>740000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Wichita KS</name>
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          <isin value="US967323AH92"/>
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        <curCd>USD</curCd>
        <valUSD>346388.70000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tennergy Corp./TN</name>
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        <cusip>880397BW3</cusip>
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          <isin value="US880397BW31"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7569350.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.99999960</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kane County School District No. 131 Aurora East Side</name>
        <lei>N/A</lei>
        <title>Kane County School District No. 131 Aurora East Side</title>
        <cusip>484008PD3</cusip>
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          <isin value="US484008PD30"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Franklin County Convention Facilities Authority</name>
        <lei>N/A</lei>
        <title>Franklin County Convention Facilities Authority, Greater Columbus Convention Center Hotel Expansion Project</title>
        <cusip>35317DAB1</cusip>
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          <isin value="US35317DAB10"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Northville Public Schools</name>
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        <title>Northville Public Schools, School Building and Site</title>
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          <isin value="US667230UH70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Oklahoma County Finance Authority</name>
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        <title>Oklahoma County Finance Authority, Educational Facilities, Lease Midwest City-Del City Public Schools Project</title>
        <cusip>67868UFU2</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Town of Oyster Bay NY</name>
        <lei>N/A</lei>
        <title>Town of Oyster Bay, Public Improvement</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York City Industrial Development Agency</name>
        <lei>549300XR20ZR5DHL9534</lei>
        <title>New York City Industrial Development Agency, Yankee Stadium Project</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Maricopa County Industrial Development Authority</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority, Banner Health</title>
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          <maturityDt>2048-01-01</maturityDt>
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        <name>Iowa Finance Authority</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority, Health System</title>
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        <name>City of Philadelphia PA Water &amp; Wastewater Revenue</name>
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        <name>City of Los Angeles CA Wastewater System Revenue</name>
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      <invstOrSec>
        <name>Austin Convention Enterprises, Inc.</name>
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          <isin value="US052409DD83"/>
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        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452152P700"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2023-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Harris County Cultural Education Facilities Finance Corp.</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Lewisville Independent School District</name>
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        <name>Atlanta Development Authority (The)</name>
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        <name>Abilene Independent School District</name>
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        <name>County of Eagle CO</name>
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        <name>City of Cedar Park TX Utility System Revenue</name>
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        <name>Cook County School District No. 99 Cicero</name>
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        <name>State of Connecticut Special Tax Revenue</name>
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        <name>Franklin County Convention Facilities Authority</name>
        <lei>N/A</lei>
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        <name>Odessa Junior College District</name>
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        <name>Madison-Macoupin Etc Counties Community College District No. 536/IL</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>Muskogee Industrial Trust</name>
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        <name>Territory of Guam</name>
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        <name>Lincoln Land Community College District No. 526</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>University of Oklahoma (The)</name>
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        <name>Irving Hospital Authority</name>
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        <name>University of Oklahoma (The)</name>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
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      <invstOrSec>
        <name>Troy School District/MI</name>
        <lei>N/A</lei>
        <title>Troy School District, School Building and Site</title>
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          <isin value="US897404QA01"/>
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      <invstOrSec>
        <name>Maine Township High School District No. 207</name>
        <lei>N/A</lei>
        <title>Cook County High School District No. 207 Maine Township</title>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>University of Oklahoma (The)</name>
        <lei>N/A</lei>
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          <isin value="US91476PVP07"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Connecticut Special Tax Revenue</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax</title>
        <cusip>207758G23</cusip>
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          <isin value="US207758G230"/>
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        <curCd>USD</curCd>
        <valUSD>1592725.28000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Shreveport LA Water &amp; Sewer Revenue</name>
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          <isin value="US825485WD37"/>
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        <curCd>USD</curCd>
        <valUSD>398180.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Northampton PA</name>
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        <cusip>663532JT7</cusip>
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          <isin value="US663532JT75"/>
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        <curCd>USD</curCd>
        <valUSD>1046712.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Westmoreland PA</name>
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        <title>County of Westmoreland, Series A</title>
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          <isin value="US960895XS46"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3739107.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Dublin OH</name>
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        <title>City of Dublin, Various Purpose</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Grand Parkway Transportation Corp.</name>
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        <title>Grand Parkway Transportation Corp., System Toll</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Passaic Valley Sewerage Commission</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago O'Hare International Airport</name>
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        <name>Birmingham Airport Authority</name>
        <lei>N/A</lei>
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        <name>South Dakota Health &amp; Educational Facilities Authority</name>
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        <name>New Jersey Institute of Technology/NJ</name>
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        <name>City of New Haven CT</name>
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        <name>Southeastern Pennsylvania Transportation Authority</name>
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        <name>West Travis County Public Utility Agency</name>
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        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp.</title>
        <cusip>79467BBR5</cusip>
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          <isin value="US79467BBR50"/>
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      <invstOrSec>
        <name>County of Sharp AR</name>
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      <invstOrSec>
        <name>City of Austin TX Airport System Revenue</name>
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          <isin value="US052398FG40"/>
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        <name>Southeast Community College</name>
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          <isin value="US84134TAJ88"/>
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          <maturityDt>2028-12-15</maturityDt>
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        <name>West Travis County Public Utility Agency</name>
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        <name>Lincoln Land Community College District No. 526</name>
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          <maturityDt>2022-12-15</maturityDt>
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        <name>New York City Industrial Development Agency</name>
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        <name>Alaska Municipal Bond Bank Authority</name>
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        <name>New Jersey Turnpike Authority</name>
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        <name>Floral Park-Bellerose Union Free School District</name>
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        <name>Purdue University</name>
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        <name>Lewisville Independent School District</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>West Valley City Municipal Building Authority</name>
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        <name>Madison-Macoupin Etc Counties Community College District No. 536/IL</name>
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        <name>University of North Carolina at Chapel Hill</name>
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        <name>University of California</name>
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        <name>Pasadena Independent School District</name>
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        <name>New York Convention Center Development Corp.</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Illinois Finance Authority</name>
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        <name>Black Belt Energy Gas District</name>
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        <name>New York Transportation Development Corp.</name>
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        <name>Carol Stream Park District</name>
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        <name>Dahlonega Downtown Development Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Purdue University</name>
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          <maturityDt>2028-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Birmingham Airport Authority</name>
        <lei>N/A</lei>
        <title>Birmingham Airport Authority</title>
        <cusip>090888GM4</cusip>
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          <isin value="US090888GM48"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>437805.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Travis County Public Utility Agency</name>
        <lei>549300O1CP7CFGPMMX97</lei>
        <title>West Travis County Public Utility Agency</title>
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          <isin value="US95632CDB28"/>
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        <balance>545000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>562971.59000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Illinois Finance Authority</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority, Lake Zurich Community Unit School District No. 95 Project</title>
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          <isin value="US45204E2C10"/>
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        <curCd>USD</curCd>
        <valUSD>2482886.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of Royal Oak MI</name>
        <lei>N/A</lei>
        <title>City of Royal Oak, Limited Tax, Capital Improvement</title>
        <cusip>780464LN1</cusip>
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          <isin value="US780464LN14"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303960.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Southeastern Pennsylvania Transportation Authority</name>
        <lei>98450061A2F3FD36E493</lei>
        <title>Southeastern Pennsylvania Transportation Authority</title>
        <cusip>842039EN5</cusip>
        <identifiers>
          <isin value="US842039EN58"/>
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        <balance>635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>776577.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Borough of North Slope AK</name>
        <lei>N/A</lei>
        <title>Borough of North Slope, Series 2021B</title>
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          <isin value="US662523L988"/>
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        <balance>1410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1448953.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Development Authority for Fulton County</name>
        <lei>549300533NJL38F4K144</lei>
        <title>Development Authority for Fulton County, Tech Athletic</title>
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          <isin value="US36005FEG63"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150628.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Black Belt Energy Gas District</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District, Gas Project No. 6</title>
        <cusip>09182TAF4</cusip>
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          <isin value="US09182TAF49"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11415238.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.99999960</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West Virginia Economic Development Authority</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia Economic Development Authority, Solid Waste Disposal Facilities, Appalachian Power Co. Amos Project, Series 2009A</title>
        <cusip>95648VBB4</cusip>
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          <isin value="US95648VBB45"/>
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        <balance>2905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2937347.47000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.62500120</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Transportation Trust Fund Authority</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461367R6</cusip>
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          <isin value="US6461367R69"/>
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        <balance>3700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4498689.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Sports &amp; Exhibition Authority of Pittsburgh and Allegheny County</name>
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        <title>Sports and Exhibition Authority of Pittsburgh and Allegheny County, Sales Tax</title>
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          <isin value="US724799BP59"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Texas Municipal Gas Acquisition and Supply Corp. I</name>
        <lei>6AZ7FRSNC3ZFPM0Z8L86</lei>
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        <cusip>88256CEX3</cusip>
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          <isin value="US88256CEX39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <name>JEA Water &amp; Sewer System Revenue</name>
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          <isin value="US46613PVV56"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05000135</annualizedRt>
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        <name>Carter County Public Facilities Authority</name>
        <lei>N/A</lei>
        <title>Carter County Public Facilities Authority, Educational Facilities Lease, Ardmore City Schools Project</title>
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          <isin value="US146201DG07"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Indiana Finance Authority</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority, Indianapolis Power and Light Co. Project</title>
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        <debtSec>
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        <name>County of Sandoval NM</name>
        <lei>N/A</lei>
        <title>County of Sandoval</title>
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        <invCountry>US</invCountry>
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        <name>Kentucky Municipal Power Agency</name>
        <lei>2549001MTI3IE05Z7959</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>New Jersey Economic Development Authority</name>
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      <invstOrSec>
        <name>University of Arkansas</name>
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      <invstOrSec>
        <name>City of Galveston TX</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New Jersey Institute of Technology/NJ</name>
        <lei>N/A</lei>
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          <maturityDt>2030-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Cleveland OH Income Tax Revenue</name>
        <lei>N/A</lei>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Novato Unified School District/CA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <maturityDt>2023-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>FNMA</name>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2032-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Cook County Community School District No. 97 Oak Park</name>
        <lei>N/A</lei>
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        <name>Virginia Resources Authority</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority, Infrastructure Pooled Financing Program</title>
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        <name>City of Rogers AR</name>
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        <name>County of Northampton PA</name>
        <lei>N/A</lei>
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        <name>Southwest Higher Education Authority, Inc.</name>
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        <name>Chester County Health and Education Facilities Authority</name>
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        <name>County of Montgomery MD</name>
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        <name>University of Oklahoma (The)</name>
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        <name>State of Connecticut</name>
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        <name>State of New Jersey</name>
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        <name>Contra Costa Transportation Authority</name>
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        <name>Hereford Independent School District</name>
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        <name>Regional Transportation District</name>
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        <name>Bryan County School Finance Authority</name>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>Illinois Finance Authority</name>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>Long Island Power Authority</name>
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        <name>Mississippi Business Finance Corp.</name>
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        <name>Peoria Public Building Commission</name>
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        <name>Contra Costa Transportation Authority</name>
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        <name>Cook County Community School District No. 97 Oak Park</name>
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        <name>California Health Facilities Financing Authority</name>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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      <invstOrSec>
        <name>General Authority of Southcentral Pennsylvania</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Longwood Central School District Suffolk County</name>
        <lei>N/A</lei>
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          <maturityDt>2026-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>North Texas Tollway Authority</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <isin value="US66285WWG76"/>
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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>2033-01-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, California Lutheran University</title>
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          <isin value="US13048VDJ44"/>
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        <curCd>USD</curCd>
        <valUSD>178549.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago O'Hare International Airport</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport, General Airport, Senior Lien</title>
        <cusip>167593N40</cusip>
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          <isin value="US167593N409"/>
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        <curCd>USD</curCd>
        <valUSD>5930627.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gerald R Ford International Airport Authority</name>
        <lei>N/A</lei>
        <title>Gerald R Ford International Airport Authority, Limited Tax</title>
        <cusip>373695AE5</cusip>
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          <isin value="US373695AE54"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>County of Rutherford TN</name>
        <lei>N/A</lei>
        <title>County of Rutherford</title>
        <cusip>783244DV5</cusip>
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        <balance>1165000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Jackson Public Schools/MI</name>
        <lei>N/A</lei>
        <title>Jackson Public Schools, Unlimited Tax</title>
        <cusip>468312HZ9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>San Francisco Unified School District</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Hampton Bays Union Free School District</name>
        <lei>N/A</lei>
        <title>Hampton Bays Union Free School District</title>
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          <maturityDt>2022-09-15</maturityDt>
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        <name>County of Greene MO</name>
        <lei>N/A</lei>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Newark NJ</name>
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        <name>Berks County Industrial Development Authority</name>
        <lei>N/A</lei>
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        <name>Dahlonega Downtown Development Authority</name>
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        <name>Cleveland County Educational Facilities Authority</name>
        <lei>549300XEV4DVO42DUA84</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Muskogee Industrial Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
        <lei>549300UZSVMFXJK08K70</lei>
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        <name>Houston Community College System</name>
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        <name>Avondale School District</name>
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        <name>Rhode Island Health and Educational Building Corp.</name>
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        <name>Austin Community College District Public Facility Corp.</name>
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      <invstOrSec>
        <name>County of Hamilton TN</name>
        <lei>N/A</lei>
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          <maturityDt>2027-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Massachusetts Development Finance Agency</name>
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          <isin value="US57584X7A33"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>0.55000025</annualizedRt>
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      <invstOrSec>
        <name>Lewisville Independent School District</name>
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          <isin value="US52882PCM86"/>
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          <maturityDt>2025-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <isin value="US13063C6A36"/>
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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>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New Jersey Institute of Technology/NJ</name>
        <lei>N/A</lei>
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          <isin value="US64579RDC88"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New Albany-Floyd County School Building Corp.</name>
        <lei>N/A</lei>
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          <isin value="US641667PT13"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Jersey Economic Development Authority</name>
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        <title>New Jersey Economic Development Authority, School Facilities Construction</title>
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          <isin value="US64577BK296"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Grady County School Finance Authority</name>
        <lei>N/A</lei>
        <title>Grady County School Finance Authority, Educational Facilities Lease, Minco Public Schools Project</title>
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          <maturityDt>2029-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>New Hampshire Municipal Bond Bank</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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        <name>City &amp; County of Honolulu HI</name>
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          <maturityDt>2029-10-01</maturityDt>
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        <name>Colorado Health Facilities Authority</name>
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        <name>Metropolitan Government Nashville &amp; Davidson County Industrial Development Board</name>
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        <name>State of Connecticut</name>
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      <invstOrSec>
        <name>Sales Tax Securitization Corp.</name>
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        <name>Main Street Natural Gas, Inc.</name>
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        <name>Whittier Union High School District</name>
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        <name>Cook County High School District No. 209 Proviso Township</name>
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        <name>Sales Tax Asset Receivable Corp.</name>
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        <name>Austin Community College District Public Facility Corp.</name>
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        <name>University of Central Arkansas</name>
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        <name>Irving Hospital Authority</name>
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        <name>Arkansas Development Finance Authority Public Safety Charges Revenue</name>
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        <name>West Valley City Municipal Building Authority</name>
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        <name>Volusia County School Board</name>
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        <name>Novato Unified School District/CA</name>
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        <name>Private Colleges &amp; Universities Authority</name>
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        <name>Tennessee Energy Acquisition Corp.</name>
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        <name>Massachusetts Port Authority</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>Duluth Independent School District No. 709</name>
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      <invstOrSec>
        <name>Muskogee Industrial Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Cook County School District No. 69 Skokie</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New Jersey Economic Development Authority</name>
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          <maturityDt>2031-06-15</maturityDt>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
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        <title>California Municipal Finance Authority, California Lutheran University</title>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of Colorado</name>
        <lei>N/A</lei>
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          <isin value="US91417K8K04"/>
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          <maturityDt>2022-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Kane County School District No. 131 Aurora East Side</name>
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        <name>Dahlonega Downtown Development Authority</name>
        <lei>N/A</lei>
        <title>Dahlonega Downtown Development Authority, North Georgia MAC, LLC Project</title>
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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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      <invstOrSec>
        <name>Duluth Independent School District No. 709</name>
        <lei>N/A</lei>
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          <isin value="US264474HW04"/>
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        <name>State of Georgia</name>
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          <isin value="US3733846U52"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tobacco Securitization Authority of Northern California</name>
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        <name>State of California</name>
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        <name>University of Illinois</name>
        <lei>N/A</lei>
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        <name>Wichita Falls Independent School District</name>
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        <name>Lower Colorado River Authority</name>
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        <name>County of Hamilton OH Sewer System Revenue</name>
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        <name>County of Northampton PA</name>
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        <name>Massachusetts Development Finance Agency</name>
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        <name>West Valley City Municipal Building Authority</name>
        <lei>N/A</lei>
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        <name>City of Aurora CO</name>
        <lei>N/A</lei>
        <title>City of Aurora</title>
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          <isin value="US051556HK75"/>
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        <name>New Jersey Institute of Technology/NJ</name>
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        <name>State of California</name>
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        <name>Illinois Finance Authority</name>
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        <name>California State Public Works Board</name>
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        <name>Montgomery County Public Facilities Authority/AL</name>
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        <name>Northville Public Schools</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Hereford Independent School District</name>
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        <name>Virginia College Building Authority</name>
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        <name>New Jersey Economic Development Authority</name>
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        <name>Gunnison Watershed School District No. Re 1J</name>
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        <name>State of California</name>
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        <name>Niagara Frontier Transportation Authority</name>
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        <name>State of New York</name>
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          <maturityDt>2026-03-01</maturityDt>
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      <invstOrSec>
        <name>Chicago Transit Authority Capital Grant Receipts Revenue</name>
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        <name>Massachusetts Development Finance Agency</name>
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          <maturityDt>2027-10-01</maturityDt>
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        <name>Bay Area Toll Authority</name>
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        <name>Nassau County Local Economic Assistance Corp.</name>
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        <name>City of New Haven CT</name>
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        <name>Oklahoma County Finance Authority</name>
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        <name>Jackson Public Schools/MI</name>
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        <name>City of Austin TX Airport System Revenue</name>
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        <name>Cook County School District No. 69 Skokie</name>
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        <name>New York State Dormitory Authority</name>
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        <name>Lehigh County Industrial Development Authority</name>
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        <name>Franklin County Convention Facilities Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>University of Colorado</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Wisconsin Department of Transportation</name>
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          <isin value="US977123Z763"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Upper St. Clair Township School District</name>
        <lei>N/A</lei>
        <title>Upper St. Clair Township School District</title>
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          <isin value="US916507RL27"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Montgomery County Higher Education and Health Authority</name>
        <lei>N/A</lei>
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          <isin value="US613603YG88"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-01</maturityDt>
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      <invstOrSec>
        <name>Harris County Fresh Water Supply District No. 61</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-09-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of Illinois Sales Tax Revenue</name>
        <lei>N/A</lei>
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        <balance>4600000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of St Peters MO</name>
        <lei>N/A</lei>
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          <isin value="US793187ER26"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Waukegan IL</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>School District of Philadelphia (The)</name>
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        <invCountry>US</invCountry>
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        <name>Oklahoma County Finance Authority</name>
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        <name>Novato Unified School District/CA</name>
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        <name>Rhode Island Commerce Corp.</name>
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        <name>Upper St. Clair Township School District</name>
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        <name>Chester County Health and Education Facilities Authority</name>
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        <name>Florida Higher Educational Facilities Financial Authority</name>
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        <name>State of Montana</name>
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      <invstOrSec>
        <name>City of Wichita KS</name>
        <lei>549300Y20JVN3VP2V718</lei>
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          <isin value="US967323AJ58"/>
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      <invstOrSec>
        <name>Custer County Economic Development Authority</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>City of Austin TX Airport System Revenue</name>
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          <isin value="US052398FH23"/>
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      <invstOrSec>
        <name>Birmingham Airport Authority</name>
        <lei>N/A</lei>
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          <isin value="US090888GT90"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Tennessee Energy Acquisition Corp.</name>
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        <title>Tennessee Energy Acquisition Corp., Gas Project</title>
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          <isin value="US880443HY52"/>
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      <invstOrSec>
        <name>Peoria Public Building Commission</name>
        <lei>N/A</lei>
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          <isin value="US71323MEL28"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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        <name>Commonwealth of Massachusetts</name>
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          <isin value="US57582PDM95"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Alaska Municipal Bond Bank Authority</name>
        <lei>N/A</lei>
        <title>Alaska Municipal Bond Bank Authority</title>
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          <isin value="US01179RE742"/>
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          <maturityDt>2028-12-01</maturityDt>
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      <invstOrSec>
        <name>DeKalb County Community Unit School District No. 428 DeKalb</name>
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        <name>City of Royal Oak MI</name>
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        <name>Stockton Public Financing Authority</name>
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        <name>Oak Grove School District</name>
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        <name>Forney Independent School District</name>
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      <invstOrSec>
        <name>Austin Community College District Public Facility Corp.</name>
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        <name>Allegheny County Sanitary Authority</name>
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      <invstOrSec>
        <name>Medical Center Educational Building Corp.</name>
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        <lei>N/A</lei>
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        <name>Wagoner County School Development Authority</name>
        <lei>N/A</lei>
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        <name>Katy Independent School District</name>
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        <name>Duluth Independent School District No. 709</name>
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        <name>University of Michigan</name>
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        <name>Muskogee Industrial Trust</name>
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        <name>New Jersey Institute of Technology/NJ</name>
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        <name>Seward County Unified School District No. 480 Liberal</name>
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        <name>Southeast Community College</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Wauwatosa School District</name>
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        <name>Hampton Roads Transportation Accountability Commission</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dahlonega Downtown Development Authority</name>
        <lei>N/A</lei>
        <title>Dahlonega Downtown Development Authority, North Georgia MAC, LLC Project</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>California Municipal Finance Authority</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority, NorthBay Healthcare Group, Series 2017A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Penn Hills School District</name>
        <lei>N/A</lei>
        <title>Penn Hills School District</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Illinois Finance Authority</name>
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        <title>Illinois Finance Authority, DePaul University</title>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Charleroi Borough Authority Water System Revenue</name>
        <lei>N/A</lei>
        <title>Charleroi Borough Authority Water System</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Louisiana Public Facilities Authority</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority, Tulane University Project</title>
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        <balance>150000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Southwest Higher Education Authority, Inc.</name>
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      <invstOrSec>
        <name>North Kansas City School District No. 74</name>
        <lei>N/A</lei>
        <title>North Kansas City School District 74, Improvement Bonds, Missouri Direct Deposit Program</title>
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        <balance>350000.00000000</balance>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>DeKalb County Community Unit School District No. 428 DeKalb</name>
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        <title>DeKalb County Community Unit School District No. 428 DeKalb</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of Waukegan IL Water &amp; Sewer System Revenue</name>
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        <invCountry>US</invCountry>
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        <invCountry>US</invCountry>
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    <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>
