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        <name>FILLMORE CA WSTWTR REVENUE</name>
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        <name>RIVER ISLANDS CA PUBLIC FING A</name>
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        <curCd>USD</curCd>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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        <title>California Statewide Communities Development Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>RIVERSIDE CNTY CA TRANSPRTN CO</name>
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          <isin value="US769125GZ29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ANAHEIM CA HSG &amp; PUBLIC IMPT A</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST UNIV REVENUE</name>
        <lei>N/A</lei>
        <title>California State University</title>
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          <isin value="US13077DBF87"/>
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        <name>CALIFORNIA ST STWD CMNTYS DEVA</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
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          <isin value="US13078RGF10"/>
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        <name>NRTHRN CA ENERGY AUTH COMMODIT</name>
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        <title>Northern California Energy Authority</title>
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        <name>LONG BEACH CA MARINA REVENUE</name>
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        <title>City of Long Beach CA Marina System Revenue</title>
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        <name>SEQUOIA HEALTHCARE DISTRICT</name>
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          <isin value="US817393CA73"/>
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        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
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        <name>SOUTHERN CA WTR REPLENISHMENT</name>
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        <name>CITY OF SANTA CLARA CA ELECTRIC REVENUE</name>
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        <name>ANAHEIM CA PUBLIC FING AUTH LE</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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      <invstOrSec>
        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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      <invstOrSec>
        <name>CALIFORNIA ST HLTH FACS FING A</name>
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          <isin value="US13032UDC99"/>
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        <name>HARTNELL CA CMNTY CLG DIST</name>
        <lei>N/A</lei>
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          <isin value="US417123EH54"/>
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          <maturityDt>2036-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>RIVERSIDE CA ELEC REVENUE</name>
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          <isin value="US768874UV95"/>
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        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
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        <name>CONTRA COSTA CNTY CA HOME MTGE</name>
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          <maturityDt>2022-05-01</maturityDt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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          <isin value="US13080SSE53"/>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <name>SAN MATEO CNTY CA JT PWRS FING</name>
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        <name>RIVERSIDE CA SWR REVENUE</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <name>WESTSIDE CA UNION SCH DIST</name>
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        <name>LOCAL PUBLIC SCHS FUNDING AUTH</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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      <invstOrSec>
        <name>MODESTO CA IRR DIST FING AUTH</name>
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      <invstOrSec>
        <name>ESTRN CA MUNI WTR DIST FING AU</name>
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          <isin value="US27677SBL60"/>
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        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH ST</name>
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          <isin value="US888804CC34"/>
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          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LONG BEACH BOND FINANCE AUTHORITY</name>
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          <isin value="US54241AAV52"/>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>CITY OF NEWPORT BEACH CA</name>
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          <maturityDt>2040-12-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST POLL CONTROL FIN</name>
        <lei>N/A</lei>
        <title>California Pollution Control Financing Authority</title>
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          <isin value="US13054WAC10"/>
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          <maturityDt>2045-11-21</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LEE LAKE CA PUB FING AUTH REVE</name>
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          <isin value="US523831BE41"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHULA VISTA CA INDL DEV REVENU</name>
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          <maturityDt>2034-02-15</maturityDt>
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        <name>COUNTY OF SAN BERNARDINO CA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-08-01</maturityDt>
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        <name>HARTNELL CA CMNTY CLG DIST</name>
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          <maturityDt>2037-08-01</maturityDt>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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        <title>California Statewide Communities Development Authority</title>
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        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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        <title>California Statewide Communities Development Authority</title>
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        <name>REDDING CA ELEC SYS REVENUE CO</name>
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        <name>SANTA ANA CA FING AUTH</name>
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        <name>LOWER TULE RIVER CA IRR DIST R</name>
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        <invCountry>US</invCountry>
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        <name>CALIFORNIA ST MUNI FIN AUTH SP</name>
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        <title>California Municipal Finance Authority</title>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isin value="US13078RGG92"/>
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        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
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        <name>CALIFORNIA ST PUBLIC WKS BRD L</name>
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        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
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        <name>CALIFORNIA ST STWD CMNTYS DEV</name>
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        <name>INLAND VLY CA DEV AGY SUCCESSO</name>
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        <name>CHULA VISTA CA INDL DEV REVENU</name>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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        <name>SOUTHERN CA WTR REPLENISHMENT</name>
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          <maturityDt>2037-01-01</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>MET WTR DIST OF STHRN CA</name>
        <lei>5493003GD0S0P56RLT45</lei>
        <title>Metropolitan Water District of Southern California</title>
        <cusip>59266TQC8</cusip>
        <identifiers>
          <isin value="US59266TQC89"/>
        </identifiers>
        <balance>3500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4502715.00000000</valUSD>
        <pctVal>1.105992902457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</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>CALIFORNIA SCH FIN AUTH SCH FA</name>
        <lei>N/A</lei>
        <title>California School Finance Authority</title>
        <cusip>13059TBZ1</cusip>
        <identifiers>
          <isin value="US13059TBZ12"/>
        </identifiers>
        <balance>1650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1834437.00000000</valUSD>
        <pctVal>0.450589100577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</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>NTHRN CA TRANSMISSION AGY REVE</name>
        <lei>N/A</lei>
        <title>Northern California Transmission Agency</title>
        <cusip>664848BZ0</cusip>
        <identifiers>
          <isin value="US664848BZ07"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1757820.00000000</valUSD>
        <pctVal>0.431769819719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</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>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063DUR7</cusip>
        <identifiers>
          <isin value="US13063DUR78"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1186530.00000000</valUSD>
        <pctVal>0.291444996752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</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>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048VLA4</cusip>
        <identifiers>
          <isin value="US13048VLA43"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1085880.00000000</valUSD>
        <pctVal>0.266722538051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONG BEACH CA BOND FIN AUTH NA</name>
        <lei>549300BKBZ5U7OZH3S21</lei>
        <title>Long Beach Bond Finance Authority</title>
        <cusip>54241AAS2</cusip>
        <identifiers>
          <isin value="US54241AAS24"/>
        </identifiers>
        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11709300.00000000</valUSD>
        <pctVal>2.876131998749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048TNG4</cusip>
        <identifiers>
          <isin value="US13048TNG49"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1952760.00000000</valUSD>
        <pctVal>0.479652543010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
        <lei>5493001FUZGUQMIP5D78</lei>
        <title>Bay Area Toll Authority</title>
        <cusip>072024SR4</cusip>
        <identifiers>
          <isin value="US072024SR42"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>503170.00000000</valUSD>
        <pctVal>0.123592643267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.19000000</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>GOLDEN ST TOBACCO SECURITIZATI</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp</title>
        <cusip>38122NZS4</cusip>
        <identifiers>
          <isin value="US38122NZS43"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2418680.00000000</valUSD>
        <pctVal>0.594095543092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</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>RANCHO CA WTR DIST FING AUTH</name>
        <lei>N/A</lei>
        <title>Rancho Water District Financing Authority</title>
        <cusip>752111NT7</cusip>
        <identifiers>
          <isin value="US752111NT79"/>
        </identifiers>
        <balance>2100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2606709.00000000</valUSD>
        <pctVal>0.640280731241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</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>SAN DIEGO CNTY CA REGL ARPT AU</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority</title>
        <cusip>79739GJS6</cusip>
        <identifiers>
          <isin value="US79739GJS66"/>
        </identifiers>
        <balance>1160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1378277.20000000</valUSD>
        <pctVal>0.338543478949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</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>CHINO VLY CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Chino Valley Unified School District</title>
        <cusip>169583HB0</cusip>
        <identifiers>
          <isin value="US169583HB08"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2574620.00000000</valUSD>
        <pctVal>0.632398774189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-01</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>STOCKTON CA PUBLIC FING AUTH P</name>
        <lei>N/A</lei>
        <title>Stockton Public Financing Authority</title>
        <cusip>86139TAV1</cusip>
        <identifiers>
          <isin value="US86139TAV17"/>
        </identifiers>
        <balance>1625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1863745.00000000</valUSD>
        <pctVal>0.457787966147</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEPT WTR &amp; PWR</name>
        <lei>N/A</lei>
        <title>Los Angeles Department of Water &amp; Power Power System Revenue</title>
        <cusip>544495Z72</cusip>
        <identifiers>
          <isin value="US544495Z728"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6063850.00000000</valUSD>
        <pctVal>1.489451378017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</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>
    </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>2020-10-23</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>
</edgarSubmission>
