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          <maturityDt>2029-06-15</maturityDt>
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          <maturityDt>2035-06-15</maturityDt>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>CHICAGO IL MET WTR RECLAMATION</name>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US717817SP60"/>
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        <name>OWENSBORO KY ELEC LIGHT &amp; PWRS</name>
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          <isin value="US691021NG08"/>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>ALABAMA ST CORRS INSTN FIN AUT</name>
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        <name>NEW JERSEY ST ECON DEV AUTH MT</name>
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        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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        <name>BROWARD CNTY FL SCH BRD COPS</name>
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        <name>AUSTIN TX ARPT SYS REVENUE</name>
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        <name>CHANDLER AZ INDL DEV AUTH INDL</name>
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        <name>ANAHEIM CA PUBLIC FING AUTH LE</name>
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        <name>INDIANA ST FIN AUTH HOSP REVEN</name>
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        <title>Indiana Finance Authority</title>
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          <maturityDt>2039-11-01</maturityDt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584Y4S59"/>
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        <curCd>USD</curCd>
        <valUSD>4140796.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-01</maturityDt>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64577BHU17"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-01</maturityDt>
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      <invstOrSec>
        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <title>City of Chicago IL Waterworks Revenue</title>
        <cusip>167736B97</cusip>
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          <isin value="US167736B979"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SOUTHERN CA WTR REPLENISHMENT</name>
        <lei>N/A</lei>
        <title>Southern California Water Replenishment District</title>
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          <isin value="US84251KBV61"/>
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        <curCd>USD</curCd>
        <valUSD>2077478.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
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        <title>Great Lakes Water Authority Water Supply System Revenue</title>
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          <isin value="US39081JAQ13"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX CULTURAL EDU FA</name>
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        <title>Harris County Cultural Education Facilities Finance Corp</title>
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          <isin value="US414009RB85"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.35000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QZZ89"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC AUTH FOR COLORADO ST EN</name>
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        <title>Public Authority for Colorado Energy</title>
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          <isin value="US744387AB78"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-11-15</maturityDt>
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        <name>BROWARD CNTY FL PORT FACS REVE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US59447TGA51"/>
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        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <title>City of Chicago IL Waterworks Revenue</title>
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          <isin value="US167736K715"/>
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        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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        <title>California Infrastructure &amp; Economic Development Bank</title>
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          <isin value="US13034ATW08"/>
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        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <title>City of Chicago IL Wastewater Transmission Revenue</title>
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        <title>Texas Public Finance Authority</title>
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          <isin value="US882669BK99"/>
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        <title>Long Beach Bond Finance Authority</title>
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        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST UNIV</name>
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          <isin value="US452272B300"/>
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        <name>PALM BEACH CNTY FL HLTH FACS A</name>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
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        <name>CLARK CNTY NV</name>
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        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
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        <name>CMWLTH FING AUTH PA TOBACCO MA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <title>Detroit Downtown Development Authority</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CAPE GIRARDEAU CNTY MO INDL DE</name>
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          <isin value="US139404HR18"/>
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          <couponKind>Fixed</couponKind>
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        <name>SAN BERNARDINO CITY CA UNIF SC</name>
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        <name>ALASKA ST HSG FIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>HAYS TX CONSOL INDEP SCH DIST</name>
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        <name>BROWARD CNTY FL PORT FACS REVE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PALM BEACH CNTY FL HLTH FACS A</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>993418.80000000</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>2031-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QVX77"/>
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        <balance>7730000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1951825.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIST OF COLUMBIA REVENUE</name>
        <lei>549300HWFOZXPKGOX654</lei>
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          <isin value="US25483VTR59"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5016178.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MUNI ELEC AUTH OF GEORGIA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>Municipal Electric Authority of Georgia</title>
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          <isin value="US6262075A89"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1035306.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
        <cusip>97712JGP2</cusip>
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          <isin value="US97712JGP21"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>980668.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON CLACKAMAS &amp; YAMHILL</name>
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        <title>Washington Clackamas &amp; Yamhill Counties School District No 88J</title>
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          <isin value="US937440EP65"/>
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        <valUSD>1300793.13000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
        <lei>549300LCGT5UXUJ1LP77</lei>
        <title>Utah Telecommunication Open Infrastructure Agency</title>
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          <isin value="US91756SAP83"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1598568.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOVE FIELD TX ARPT MODERNIZATI</name>
        <lei>N/A</lei>
        <title>Love Field Airport Modernization Corp</title>
        <cusip>54714CBG1</cusip>
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          <isin value="US54714CBG15"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1268473.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
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        <identifiers>
          <isin value="US64971X8J09"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4075582.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MIAMI-DADE CNTY FL EXPRESSWAY</name>
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        <title>Miami-Dade County Expressway Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BASE VLG MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>Base Village Metropolitan District No 2</title>
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          <isin value="US069781AA08"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>CHANDLER AZ INDL DEV AUTH INDL</name>
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        <title>Chandler Industrial Development Authority</title>
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          <isin value="US158862CB65"/>
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          <maturityDt>2052-09-01</maturityDt>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <title>California Community Choice Financing Authority</title>
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          <isin value="US13013JAX46"/>
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        <name>FLORIDA INSURANCE ASSISTANCE I</name>
        <lei>N/A</lei>
        <title>Florida Insurance Assistance Interlocal Agency Inc</title>
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          <isin value="US34074EAC30"/>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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        <title>Central Texas Regional Mobility Authority</title>
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          <isin value="US155498KP26"/>
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        <name>TENNESSEE ST ENERGY ACQUISITIO</name>
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        <title>Tennessee Energy Acquisition Corp</title>
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        <balance>25000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2024-02-01</maturityDt>
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        <name>ALASKA ST HSG FIN CORP</name>
        <lei>549300HJ8NOJNYW6ER36</lei>
        <title>Alaska Housing Finance Corp</title>
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        <balance>750000.00000000</balance>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3R6</cusip>
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          <isin value="US74514L3R62"/>
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        <curCd>USD</curCd>
        <valUSD>117089.07000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HILLSBOROUGH CNTY FL AVIATION</name>
        <lei>N/A</lei>
        <title>Hillsborough County Aviation Authority</title>
        <cusip>432308H64</cusip>
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          <isin value="US432308H643"/>
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        <curCd>USD</curCd>
        <valUSD>2951494.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WLT1</cusip>
        <identifiers>
          <isin value="US66285WLT17"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3999566.40000000</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>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447P6X4</cusip>
        <identifiers>
          <isin value="US59447P6X49"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2012727.80000000</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>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>442349CW4</cusip>
        <identifiers>
          <isin value="US442349CW46"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1882625.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTHERN CA WTR REPLENISHMENT</name>
        <lei>N/A</lei>
        <title>Southern California Water Replenishment District</title>
        <cusip>84251KBS3</cusip>
        <identifiers>
          <isin value="US84251KBS33"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2434653.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RIVER ISLANDS CA PUBLIC FING A</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority</title>
        <cusip>76827QGP2</cusip>
        <identifiers>
          <isin value="US76827QGP28"/>
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        <balance>3700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3867946.33000000</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>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>442349FQ4</cusip>
        <identifiers>
          <isin value="US442349FQ41"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1412972.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>N/A</lei>
        <title>Kentucky Public Energy Authority</title>
        <cusip>74440DCZ5</cusip>
        <identifiers>
          <isin value="US74440DCZ50"/>
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        <balance>13750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13487017.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
        <cusip>6461396C4</cusip>
        <identifiers>
          <isin value="US6461396C46"/>
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        <balance>9000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9200113.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>167593X49</cusip>
        <identifiers>
          <isin value="US167593X499"/>
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        <balance>3850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3825329.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</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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        <name>NEW YORK ST HSG FIN AGY</name>
        <lei>5493000LS7KCDB02O506</lei>
        <title>New York State Housing Finance Agency</title>
        <cusip>64986MC78</cusip>
        <identifiers>
          <isin value="US64986MC780"/>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>165000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528UD65</cusip>
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          <isin value="US45528UD652"/>
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        <balance>2900000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AFS1</cusip>
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          <isin value="US59261AFS15"/>
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        <balance>1660000.00000000</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>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Jefferson AL Sewer Revenue</title>
        <cusip>472682RY1</cusip>
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          <isin value="US472682RY15"/>
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        <balance>9000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9464283.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL BRD OF EDU DEDICATE</name>
        <lei>N/A</lei>
        <title>Chicago Board of Education Dedicated Capital Improvement Tax</title>
        <cusip>167510AL0</cusip>
        <identifiers>
          <isin value="US167510AL05"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1649724.20000000</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>2042-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
        <lei>N/A</lei>
        <title>Northern Tobacco Securitization Corp</title>
        <cusip>66585VBG9</cusip>
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          <isin value="US66585VBG95"/>
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        <balance>1085000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1111237.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</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>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FLORIDA ST MID-BAY BRIDGE AUTH</name>
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          <maturityDt>2027-10-01</maturityDt>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584YNX30"/>
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          <maturityDt>2034-10-01</maturityDt>
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        <name>LANE &amp; DOUGLAS CNTYS OR SCH DI</name>
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          <isin value="US515160DW69"/>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ELK GROVE VLG IL</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QKX96"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64990FLC67"/>
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        <balance>8950000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-03-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
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          <isin value="US452153AL37"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584XZQ77"/>
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        <name>NEW YORK ST DORM AUTH SALES TA</name>
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        <name>NEW YORK ST URBAN DEV CORP REV</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>ARIZONA ST INDL DEV AUTH REVEN</name>
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      <invstOrSec>
        <name>MICHIGAN ST STRATEGIC FUND LTD</name>
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          <isin value="US594698MM17"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WALLED LAKE MI CONSOL SCH DIST</name>
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        <curCd>USD</curCd>
        <valUSD>2355164.58000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST ECON DEV AUTH</name>
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        <title>New Jersey Economic Development Authority</title>
        <cusip>645779BT5</cusip>
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          <isin value="US645779BT56"/>
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        <curCd>USD</curCd>
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          <maturityDt>2036-04-01</maturityDt>
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        <name>NEVADA ST HSG DIV</name>
        <lei>549300RE377OK3CTT852</lei>
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          <isin value="US641271Z618"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-15</maturityDt>
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          <annualizedRt>4.10000000</annualizedRt>
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        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
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        <title>Ohio Higher Educational Facility Commission</title>
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          <isin value="US67756DQS89"/>
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        <curCd>USD</curCd>
        <valUSD>1033367.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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        <title>Mississippi Business Finance Corp</title>
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          <isin value="US60528ABZ66"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PHILADELPHIA PA</name>
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        <curCd>USD</curCd>
        <valUSD>1569292.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CENTRL FL EXPRESSWAY AUTH SR L</name>
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        <title>Central Florida Expressway Authority</title>
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          <isin value="US153476CZ74"/>
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        <curCd>USD</curCd>
        <valUSD>1020822.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK NY</name>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7206950.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US64613CCJ53"/>
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        <balance>6500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>ALASKA ST HSG FIN CORP</name>
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        <title>Alaska Housing Finance Corp</title>
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          <maturityDt>2037-12-01</maturityDt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <title>Metropolitan Pier &amp; Exposition Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AUSTIN TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Austin TX Airport System Revenue</title>
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          <isin value="US052398EK60"/>
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        <balance>2730000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO IL</name>
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        <title>City of Chicago IL</title>
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        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
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        <name>MOUNT PLEASANT WI TAX INCR REV</name>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <title>New York City Municipal Water Finance Authority</title>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2048-06-15</maturityDt>
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        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
        <lei>N/A</lei>
        <title>Great Lakes Water Authority Water Supply System Revenue</title>
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          <isin value="US39081JAN81"/>
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        <invCountry>US</invCountry>
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        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Jefferson AL Sewer Revenue</title>
        <cusip>472682RH8</cusip>
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          <isin value="US472682RH81"/>
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      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <name>MULTNOMAH CNTY OR SCH DIST #7</name>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <name>CENTRL PUGET SOUND WA REGL TRA</name>
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          <isin value="US155048EG20"/>
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        <name>MASSACHUSETTS ST HLTH &amp; EDUCTN</name>
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          <isin value="US57586EQ875"/>
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        <fairValLevel>2</fairValLevel>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOCORRO TX INDEP SCH DIST</name>
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        <name>DALLAS TX AREA RAPID TRANSIT S</name>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <name>TROY NY CAPITAL RESOURCE CORP</name>
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        <name>W HARRIS CNTY TX REGL WTR AUTH</name>
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      <invstOrSec>
        <name>HARRIS CNTY TX CULTURAL EDU FA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-12-01</maturityDt>
          <couponKind>Variable</couponKind>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
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          <isin value="US4521524T52"/>
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        <curCd>USD</curCd>
        <valUSD>6215398.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <title>City of Chicago IL Waterworks Revenue</title>
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          <isin value="US167736C472"/>
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        <curCd>USD</curCd>
        <valUSD>1506979.95000000</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>2033-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>DAHLONEGA GA DOWNTOWN DEV AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BUCKS CNTY PA WTR &amp; SWR AUTH S</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
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        <name>TOBACCO SECURITIZATION AUTH ST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS ST FIN AUTH HEALTH SV</name>
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          <isin value="US452031AN74"/>
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        <balance>395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>399888.05000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO IL MET WTR RECLAMATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MUNI ELEC AUTH OF GEORGIA</name>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <name>BERKS CNTY PA INDL DEV AUTH HL</name>
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        <name>NEW BRUNSWICK NJ PKG AUTH</name>
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        <name>PUERTO RICO CMWLTH HIGHWAY &amp; T</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>NEW YORK ST THRUWAY AUTH PERSO</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
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        <name>NORTH CAROLINA ST EDUCTNL FACS</name>
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        <title>North Carolina Educational Facilities Finance Agency</title>
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          <isin value="US657903FG02"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <isin value="US64966QJZ46"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW JERSEY ST</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA ST MID-BAY BRIDGE AUTH</name>
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        <valUSD>1005564.30000000</valUSD>
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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>LONG ISLAND NY PWR AUTH ELEC S</name>
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          <isin value="US542691EN61"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US59447P6Y22"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>S E ALABAMA ST GAS SPLY DIST G</name>
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        <fairValLevel>2</fairValLevel>
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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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        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
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        <name>ANAHEIM CA HSG &amp; PUBLIC IMPT A</name>
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        <name>MET GOVT NASHVILLE &amp; DAVIDSON</name>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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        <name>CASINO REINVESTMENT DEV AUTH N</name>
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        <name>OHIO ST HOSP REVENUE</name>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
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        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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        <name>TRIMBLE CNTY KY POLL CONTROL R</name>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KANSAS CITY MO INDL DEV AUTH A</name>
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          <isin value="US48504NAY58"/>
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        <curCd>USD</curCd>
        <valUSD>4055061.60000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445NN57"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO CMWLTH</name>
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          <isin value="US74514L3H80"/>
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        <curCd>USD</curCd>
        <valUSD>172957.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
        <cusip>64577XCP9</cusip>
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          <isin value="US64577XCP96"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>REGL TRANSPRTN AUTH IL</name>
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        <title>Regional Transportation Authority</title>
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          <isin value="US7599112J89"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MEDFORD OR HOSP FACS AUTH REVE</name>
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        <title>Medford Hospital Facilities Authority</title>
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          <isin value="US584283HA69"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>1965603.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>OREGON ST FACS AUTH REVENUE</name>
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        <title>Oregon State Facilities Authority</title>
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          <isin value="US68608JXD89"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
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          <isin value="US70868YAW93"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-30</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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          <isin value="US4424354Q32"/>
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        <name>ILLINOIS ST</name>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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        <title>Mississippi Development Bank</title>
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        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;S</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
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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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        <name>MIAMI-DADE CNTY FL EXPRESSWAY</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>PHILADELPHIA PA ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Philadelphia PA Airport Revenue</title>
        <cusip>717817SN1</cusip>
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        <curCd>USD</curCd>
        <valUSD>6632758.54000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
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          <isin value="US167593RL89"/>
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        <curCd>USD</curCd>
        <valUSD>10580863.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LANE &amp; DOUGLAS CNTYS OR SCH DI</name>
        <lei>N/A</lei>
        <title>Lane &amp; Douglas Counties School District No 28J Fern Ridge</title>
        <cusip>515160DX4</cusip>
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          <isin value="US515160DX43"/>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>713019.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447PD57</cusip>
        <identifiers>
          <isin value="US59447PD575"/>
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        <balance>11500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11552969.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT LAKE CITY UT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
        <cusip>795576FT9</cusip>
        <identifiers>
          <isin value="US795576FT92"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3055371.30000000</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>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
        <lei>N/A</lei>
        <title>County of Miami-Dade FL Aviation Revenue</title>
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          <isin value="US59333P5T14"/>
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        <balance>3445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3323968.54000000</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>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AQL4</cusip>
        <identifiers>
          <isin value="US59261AQL43"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1602048.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP N</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp</title>
        <cusip>888808HM7</cusip>
        <identifiers>
          <isin value="US888808HM74"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3064492.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM GOVT BUSINESS PRIVILEGE T</name>
        <lei>N/A</lei>
        <title>Territory of Guam</title>
        <cusip>40065NCR6</cusip>
        <identifiers>
          <isin value="US40065NCR61"/>
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        <balance>2050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1665082.37000000</valUSD>
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        <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>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048VBY3</cusip>
        <identifiers>
          <isin value="US13048VBY39"/>
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        <balance>4500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4415269.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY-HOUSTON TX SPORTS</name>
        <lei>N/A</lei>
        <title>Harris County-Houston Sports Authority</title>
        <cusip>413890CZ5</cusip>
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          <isin value="US413890CZ54"/>
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        <balance>9000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9093114.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN ST STRATEGIC FUND LTD</name>
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          <isin value="US594698SR40"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2700560.23000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2061-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
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        <balance>3750000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2043-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TFE8</cusip>
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          <isin value="US59447TFE82"/>
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        <balance>1500000.00000000</balance>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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        <title>Mississippi Business Finance Corp</title>
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          <isin value="US60528AAW45"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-12-01</maturityDt>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
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        <balance>2700000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>SCAGO SC EDUCTNL FACS CORP FOR</name>
        <lei>N/A</lei>
        <title>SCAGO Educational Facilities Corp for Pickens School District</title>
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        <valUSD>2272078.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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          <isin value="US60528ABN37"/>
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          <maturityDt>2030-12-01</maturityDt>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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        <title>City of Phoenix Civic Improvement Corp</title>
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        <curCd>USD</curCd>
        <valUSD>4371785.49000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <title>Chicago O'Hare International Airport</title>
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          <isin value="US167593RX28"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BEXAR CNTY TX HOSP DIST</name>
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          <isin value="US088365HF18"/>
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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>2031-02-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CENTRL BROWN CNTY WI WTR AUTHW</name>
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          <isin value="US152708CK73"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LUZERNE CNTY PA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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        <title>New York City Municipal Water Finance Authority</title>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>Connecticut Housing Finance Authority</title>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>OWENSBORO KY ELEC LIGHT &amp; PWRS</name>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>ILLINOIS ST</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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        <name>SANGER CA UNIF SCH DIST COPS</name>
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        <valUSD>3020349.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>UTAH INFRASTRUCTURE AGY TELECO</name>
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          <isin value="US917467CB63"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-15</maturityDt>
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        <name>New York City Municipal Water Finance Authority</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <name>UTAH ST TELECOMMUNICATION OPEN</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>MIAMI-DADE CNTY FL EXPRESSWAY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FLORIDA INSURANCE ASSISTANCE I</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>INDIANA ST HLTH FAC FING AUTH</name>
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        <title>Indiana Health Facility Financing Authority</title>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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        <title>Long Island Power Authority</title>
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        <name>ARIZONA ST INDL DEV AUTH REVEN</name>
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        <name>CENTRL BROWN CNTY WI WTR AUTHW</name>
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      <invstOrSec>
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        <name>CONNECTICUT ST</name>
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        <curCd>USD</curCd>
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          <annualizedRt>4.00000000</annualizedRt>
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          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NORTH CAROLINA ST TURNPIKE AUT</name>
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          <isin value="US65830RBK41"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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          <isin value="US09182TAF49"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>CHICAGO IL</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-01</maturityDt>
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      <invstOrSec>
        <name>ENERGY N W WA ELEC REVENUE</name>
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        <cusip>29270CG58</cusip>
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          <isin value="US29270CG587"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
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          <maturityDt>2038-11-01</maturityDt>
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        <name>FLORIDA ST GULF COAST UNIV FIN</name>
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        <name>UNIV OF DELAWARE DE REVENUE</name>
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        <name>M-S-R CA ENERGY AUTH GAS REVEN</name>
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        <name>PORT OF PORTLAND OR ARPT REVEN</name>
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      <invstOrSec>
        <name>AUSTIN TX ARPT SYS REVENUE</name>
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        <name>FLORIDA ST MID-BAY BRIDGE AUTH</name>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>SAINT JOHN THE BAPTIST PARISH</name>
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        <name>CASINO REINVESTMENT DEV AUTH N</name>
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        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
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          <isin value="US67756DWF94"/>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-11-01</maturityDt>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>S W TX HGR EDU AUTH</name>
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        <name>INDIANA ST FIN AUTH ENVRNMNTL</name>
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        <name>INDIANA ST FIN AUTH HOSP REVEN</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>CHARLOTTE NC ARPT REVENUE</name>
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        <name>RIVERSIDE CA ELEC REVENUE</name>
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        <name>OREGON ST HLTH &amp; SCIENCE UNIV</name>
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      <invstOrSec>
        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
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      <invstOrSec>
        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>AMERICAN MUNI PWR-OHIO INC OH</name>
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          <isin value="US02765UNP56"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
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        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
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        <title>Ohio Higher Educational Facility Commission</title>
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          <isin value="US67756DWC63"/>
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          <maturityDt>2035-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
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        <title>Bay Area Toll Authority</title>
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          <isin value="US072024SR42"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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        <title>Mississippi Business Finance Corp</title>
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          <isin value="US60528ABJ25"/>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION&amp;</name>
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        <title>Texas Municipal Gas Acquisition &amp; Supply Corp III</title>
        <cusip>88256HBF4</cusip>
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          <isin value="US88256HBF47"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-12-15</maturityDt>
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        <name>SOUTH CAROLINA ST JOBS-ECON DE</name>
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        <title>South Carolina Jobs-Economic Development Authority</title>
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          <isin value="US83703EMQ51"/>
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        <balance>5500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-01</maturityDt>
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        <name>PHILADELPHIA PA AUTH FOR INDL</name>
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        <title>Philadelphia Authority for Industrial Development</title>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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        <name>ENERGY N W WA ELEC REVENUE</name>
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        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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        <title>New York City Housing Development Corp</title>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
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      <invstOrSec>
        <name>BERKS CNTY PA INDL DEV AUTH HL</name>
        <lei>N/A</lei>
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        <cusip>08452RAA4</cusip>
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          <isin value="US08452RAA41"/>
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        <name>CONNECTICUT ST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TENNESSEE ST ENERGY ACQUISITIO</name>
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          <isin value="US880443JE70"/>
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        <curCd>USD</curCd>
        <valUSD>8831413.80000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74442PCR47"/>
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        <curCd>USD</curCd>
        <valUSD>1383141.45000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>WYANDOTTE CNTY KS UNIF SCH DIS</name>
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          <isin value="US982683FU36"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
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          <isin value="US66585VBH78"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-01</maturityDt>
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        <name>WASHINGTON MULTNOMAH &amp; YAMHILL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RIVERSIDE CA SWR REVENUE</name>
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        <title>City of Riverside CA Sewer Revenue</title>
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          <isin value="US769047JR39"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>BROWARD CNTY FL SCH BRD COPS</name>
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        <title>School District of Broward County/FL</title>
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        <valUSD>4063857.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <name>ILLINOIS ST</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>NEW YORK ST DORM AUTH SALES TA</name>
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      <invstOrSec>
        <name>CHICAGO IL MET WTR RECLAMATION</name>
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      <invstOrSec>
        <name>SALT VERDE AZ FINANCIAL CORP S</name>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL EXPRESSWAY</name>
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      <invstOrSec>
        <name>HOUSTON TX UTILITY SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Combined Utility System Revenue</title>
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          <isin value="US4424354P58"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHICAGO IL</name>
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          <maturityDt>2027-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHICAGO IL</name>
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          <maturityDt>2029-01-01</maturityDt>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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        <name>BROWARD CNTY FL ARPT SYS REVEN</name>
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        <name>ILLINOIS ST</name>
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        <name>MULTNOMAH CNTY OR SCH DIST #40</name>
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        <title>Multnomah County School District No 40</title>
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        <name>DALLAS TX HOTEL OCCUPANCY TAX</name>
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          <maturityDt>2037-08-15</maturityDt>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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        <title>Long Island Power Authority</title>
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          <maturityDt>2037-11-01</maturityDt>
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        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <title>Indianapolis Local Public Improvement Bond Bank</title>
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        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>ALAMEDA CA CORRIDOR TRANSPRTN</name>
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        <name>NEW YORK ST THRUWAY AUTH GEN R</name>
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        <name>NAVAJO NATION AZ</name>
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        <name>MIAMI-DADE CNTY FL EXPRESSWAY</name>
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        <name>INDIANA FIN AUTH MIDWESTERN DI</name>
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          <isin value="US442349FR24"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1407691.20000000</valUSD>
        <pctVal>0.059154021380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
        <title>New York Liberty Development Corp</title>
        <cusip>649519DA0</cusip>
        <identifiers>
          <isin value="US649519DA03"/>
        </identifiers>
        <balance>10000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9273401.00000000</valUSD>
        <pctVal>0.389687000264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</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>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PQU2</cusip>
        <identifiers>
          <isin value="US74442PQU20"/>
        </identifiers>
        <balance>1700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1585100.40000000</valUSD>
        <pctVal>0.066609113527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</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>NEW JERSEY ST HLTH CARE FACS F</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority</title>
        <cusip>64579F7H0</cusip>
        <identifiers>
          <isin value="US64579F7H00"/>
        </identifiers>
        <balance>2350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2367319.27000000</valUSD>
        <pctVal>0.099479526982</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>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64983MF45</cusip>
        <identifiers>
          <isin value="US64983MF459"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400000.00000000</valUSD>
        <pctVal>0.016808806187</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>Variable</couponKind>
          <annualizedRt>3.73000000</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>TOBACCO SECURITIZATION AUTH ST</name>
        <lei>N/A</lei>
        <title>Tobacco Securitization Authority of Southern California</title>
        <cusip>888804CP4</cusip>
        <identifiers>
          <isin value="US888804CP47"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>769301.18000000</valUSD>
        <pctVal>0.032327586085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152P96</cusip>
        <identifiers>
          <isin value="US452152P965"/>
        </identifiers>
        <balance>9695000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10031347.67000000</valUSD>
        <pctVal>0.421537446955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</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>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
        <cusip>735389H27</cusip>
        <identifiers>
          <isin value="US735389H274"/>
        </identifiers>
        <balance>3040000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3140136.38000000</valUSD>
        <pctVal>0.131954859532</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</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>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
        <cusip>452252PY9</cusip>
        <identifiers>
          <isin value="US452252PY92"/>
        </identifiers>
        <balance>2895000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2567718.51000000</valUSD>
        <pctVal>0.107900706945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOS ANGELES CA DEPT WTR &amp; PWR</name>
        <lei>549300S8NXV6YU61GG95</lei>
        <title>Los Angeles Department of Water &amp; Power</title>
        <cusip>5444953M4</cusip>
        <identifiers>
          <isin value="US5444953M46"/>
        </identifiers>
        <balance>6450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6710050.46000000</valUSD>
        <pctVal>0.281969844222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</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>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709225AW6</cusip>
        <identifiers>
          <isin value="US709225AW64"/>
        </identifiers>
        <balance>5060000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5184469.93000000</valUSD>
        <pctVal>0.217861875592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</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>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QXB3</cusip>
        <identifiers>
          <isin value="US74526QXB30"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62500.00000000</valUSD>
        <pctVal>0.002626375966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2018-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELK GROVE VLG IL</name>
        <lei>N/A</lei>
        <title>Village of Elk Grove Village IL</title>
        <cusip>287299LL3</cusip>
        <identifiers>
          <isin value="US287299LL39"/>
        </identifiers>
        <balance>885000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>919277.11000000</valUSD>
        <pctVal>0.038629876935</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>5.00000000</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 FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FAY1</cusip>
        <identifiers>
          <isin value="US45204FAY16"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2128844.00000000</valUSD>
        <pctVal>0.089458315497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-15</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>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447PD99</cusip>
        <identifiers>
          <isin value="US59447PD997"/>
        </identifiers>
        <balance>3660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3679795.48000000</valUSD>
        <pctVal>0.154632422580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>
          <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>2023-11-20</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>
