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      <invstOrSec>
        <name>INLAND VLY CA DEV AGY SUCCESSO</name>
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      <invstOrSec>
        <name>CMWLTH FING AUTH PA TOBACCO MA</name>
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      <invstOrSec>
        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
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          <isin value="US13059TAR05"/>
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        <name>SAINT JOHN THE BAPTIST PARISH</name>
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          <maturityDt>2037-06-01</maturityDt>
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          <isin value="US4521522N01"/>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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          <isin value="US97712D2B12"/>
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        <name>CHICAGO IL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <cusip>45204E4Z8</cusip>
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          <isin value="US45204E4Z86"/>
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        <valUSD>2061460.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-05-15</maturityDt>
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          <annualizedRt>5.12500000</annualizedRt>
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        <name>COLLIERS HILL MET DIST #2 CO</name>
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          <maturityDt>2047-12-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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          <isin value="US97712D2C94"/>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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          <maturityDt>2043-05-15</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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          <isin value="US594479CB17"/>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>N RANGE CO MET DIST #2</name>
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          <maturityDt>2046-02-15</maturityDt>
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        <name>PORT AUTHORITY OF NEW YORK &amp; NEW JERSEY</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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      <invstOrSec>
        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NASSAU CNTY NY INDL DEV AGY CC</name>
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          <isin value="US63166UAQ40"/>
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          <maturityDt>2049-01-01</maturityDt>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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          <isin value="US74439YDR99"/>
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        <curCd>USD</curCd>
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          <maturityDt>2050-07-01</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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          <isin value="US45200FZV48"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-01</maturityDt>
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        <name>REGL TRANSPRTN AUTH IL</name>
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          <isin value="US759911XV70"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-15</maturityDt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US6461365M90"/>
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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>2044-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>WILLACY CNTY TX JAIL PUBLIC FA</name>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335181.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>WOODLOCH HLTH FACS DEV CORP TX</name>
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        <curCd>USD</curCd>
        <valUSD>90036.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>ERIE PA WTR AUTH WTR REVENUE</name>
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        <title>Erie City Water Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PHILADELPHIA PA AUTH FOR INDL</name>
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        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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        <name>DOMINION WATER &amp; SANITATION DISTRICT</name>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>SAINT LOUIS CNTY MO INDL DEV A</name>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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          <isin value="US40220MAF86"/>
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          <maturityDt>2025-05-01</maturityDt>
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          <annualizedRt>4.87500000</annualizedRt>
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        <name>ILLINOIS ST DEV FIN AUTH ENVRN</name>
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          <isin value="US451916AH33"/>
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          <maturityDt>2032-06-01</maturityDt>
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          <isin value="US57584YQG79"/>
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        <name>LOUISIANA ST PUBLIC FACS AUTHL</name>
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        <title>Louisiana Public Facilities Authority</title>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>INDIAN CREEK OH LOCAL SCH DIST</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>LEYDEN ROCK MET DIST #10</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <name>ARMSTRONG PA SCH DIST</name>
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        <name>CALIFORNIA ST STWD CMNTYS DEVA</name>
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        <name>RIVER ISLANDS CA PUBLIC FING A</name>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>WASHINGTON ST HLTH CARE FACS A</name>
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        <name>UNIV OF NORTH CAROLINA NC HOSP</name>
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        <name>PUBLIC FIN AUTH WI LIMITED OBL</name>
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        <name>NEW JERSEY ST HLTH CARE FACS F</name>
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        <name>HOOVER AL INDL DEV BRD ENVNMNT</name>
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        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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        <name>PUBLIC FIN AUTH WI SENIOR LIVI</name>
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          <maturityDt>2024-05-15</maturityDt>
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        <name>TEXAS ST MIDWEST PUBLIC FAC CO</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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      <invstOrSec>
        <name>MORONGO BAND OF MISSION INDIAN</name>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP N</name>
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          <isin value="US888808HR61"/>
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          <maturityDt>2046-06-01</maturityDt>
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      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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          <isin value="US155498BG28"/>
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        <valUSD>941720.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
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        <name>HOUSTON ARPT-REF-A</name>
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          <isin value="US4423485T17"/>
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          <maturityDt>2038-07-15</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116AR77"/>
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        <curCd>USD</curCd>
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        <name>TEMPE AZ INDL DEV AUTH REVENUE</name>
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          <isin value="US87972MAX02"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-01</maturityDt>
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        <name>WOODLOCH HLTH FACS DEV CORP TX</name>
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          <isin value="US97982CAA99"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-12-01</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
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          <isin value="US6461364X64"/>
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        <balance>500000.00000000</balance>
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        <valUSD>506710.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <title>Illinois State Toll Highway Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
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          <isin value="US4423487S16"/>
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        <name>TEXAS ST MUNI GAS ACQUISITION</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <title>New York Transportation Development Corp</title>
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          <isin value="US650116AQ94"/>
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        <name>AUSTIN TX ARPT SYS REVENUE</name>
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          <isin value="US052398GY47"/>
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        <name>SOLARIS CO MET DIST #3</name>
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        <name>ILLINOIS ST UNIV</name>
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        <title>Illinois State University</title>
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        <name>VIRGIN ISLANDS PUBLIC FINANCE AUTHORITY</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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        <name>TULSA CNTY OK INDL AUTH SENIOR</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.40000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT</title>
        <cusip>7178187Y8</cusip>
        <identifiers>
          <isin value="US7178187Y83"/>
        </identifiers>
        <balance>635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>636422.40000000</valUSD>
        <pctVal>0.145465811863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452151YE7</cusip>
        <identifiers>
          <isin value="US452151YE71"/>
        </identifiers>
        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>763545.50000000</valUSD>
        <pctVal>0.174522087928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>MARYLAND ST ECON DEV CORP ECON</name>
        <lei>549300JJ16DDBSZWSN94</lei>
        <title>Maryland Economic Development Corp</title>
        <cusip>57420NCU3</cusip>
        <identifiers>
          <isin value="US57420NCU37"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>283593.00000000</valUSD>
        <pctVal>0.064820292283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US ULTRA BOND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="WNM0"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00Q7B2668"/>
        </identifiers>
        <balance>-54.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-604583.55000000</valUSD>
        <pctVal>-0.13818846875</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>549300EX04Q2QBFQTQ27</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>US TREASURY N/B</issuerName>
                <issueTitle>United States Treasury Note/Bond</issueTitle>
                <identifiers>
                  <cusip value="912810RP5"/>
                  <isin value="US912810RP57"/>
                  <other otherDesc="SEDOL" value="BYQP1M5"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2020-06-19</expDate>
            <notionalAmt>-11533603.95000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-604583.55000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>N/A</lei>
        <title>New York City Water &amp; Sewer System</title>
        <cusip>64972FPP5</cusip>
        <identifiers>
          <isin value="US64972FPP52"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200000.00000000</valUSD>
        <pctVal>0.045713605260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.11000000</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>DIST OF COLUMBIA REVENUE</name>
        <lei>549300HWFOZXPKGOX654</lei>
        <title>District of Columbia</title>
        <cusip>25483VPD0</cusip>
        <identifiers>
          <isin value="US25483VPD00"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1161160.00000000</valUSD>
        <pctVal>0.265404049422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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 JERSEY ST HGR EDU ASSISTAN</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Student Assistance Authority</title>
        <cusip>646080QW4</cusip>
        <identifiers>
          <isin value="US646080QW49"/>
        </identifiers>
        <balance>2780000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2898872.80000000</valUSD>
        <pctVal>0.662589634401</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</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>FULTON CNTY GA DEV AUTH REVENU</name>
        <lei>549300533NJL38F4K144</lei>
        <title>Development Authority for Fulton County</title>
        <cusip>36005FCS2</cusip>
        <identifiers>
          <isin value="US36005FCS20"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1616265.00000000</valUSD>
        <pctVal>0.369426501033</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
        <lei>N/A</lei>
        <title>Buckeye Tobacco Settlement Financing Authority</title>
        <cusip>118217CZ9</cusip>
        <identifiers>
          <isin value="US118217CZ97"/>
        </identifiers>
        <balance>2400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2142624.00000000</valUSD>
        <pctVal>0.489735338790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</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>VIRGINIA ST SMALL BUSINESS FIN</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority</title>
        <cusip>928105BZ7</cusip>
        <identifiers>
          <isin value="US928105BZ79"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1038610.00000000</valUSD>
        <pctVal>0.237393037799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>4521522M2</cusip>
        <identifiers>
          <isin value="US4521522M28"/>
        </identifiers>
        <balance>2900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2794469.00000000</valUSD>
        <pctVal>0.638726263896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>MISSOURI ST HLTH &amp; EDUCTNL FAC</name>
        <lei>549300IWTBCMX5JB3277</lei>
        <title>HEALTH &amp; EDUCATIONAL FACILITIES AUTHORITY OF THE STATE OF MISSOURI</title>
        <cusip>60635HM55</cusip>
        <identifiers>
          <isin value="US60635HM554"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2018420.00000000</valUSD>
        <pctVal>0.461346275651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>FLORIDA ST DEV FIN CORP EDUCTN</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061UBU1</cusip>
        <identifiers>
          <isin value="US34061UBU16"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1237656.00000000</valUSD>
        <pctVal>0.282888589162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Legg Mason Partners Income Trust</ncom:nameOfApplicant>
      <ncom:signature>Christopher Berarducci</ncom:signature>
      <ncom:signerName>Christopher Berarducci</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
