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        <name>San Mateo Foster City Public Financing Authority</name>
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        <name>University of California</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>State of California</name>
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        <name>West Contra Costa Unified School District</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>State of California</name>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Mount San Antonio Community College District</name>
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          <isin value="US623040PZ94"/>
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        <curCd>USD</curCd>
        <valUSD>404284.96000000</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>2049-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412GYR00"/>
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        <curCd>USD</curCd>
        <valUSD>85706.83000000</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>2032-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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          <isin value="US5444956L36"/>
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        <curCd>USD</curCd>
        <valUSD>217839.52000000</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>2033-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063C8S2</cusip>
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          <isin value="US13063C8S26"/>
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        <curCd>USD</curCd>
        <valUSD>21169.12000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Yosemite Community College District</name>
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          <isin value="US987388FY62"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063DUC00"/>
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        <curCd>USD</curCd>
        <valUSD>573620.37000000</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>2035-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego Public Facilities Financing Authority</name>
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          <isin value="US79730AJN90"/>
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        <valUSD>414319.84000000</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>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Bay Area Toll Authority</name>
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        <name>California State Public Works Board</name>
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        <name>Long Beach Unified School District</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>University of California</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>State of California</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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      <invstOrSec>
        <name>University of California</name>
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        <name>University of California</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <name>California State University</name>
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        <name>California State University</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>State of California</name>
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        <name>City of Los Angeles CA Wastewater System Revenue</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>Hayward Unified School District</name>
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        <name>Coast Community College District</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>California State University</name>
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        <name>San Mateo Foster City School District/CA</name>
        <lei>N/A</lei>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</name>
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          <isin value="US79768HGZ55"/>
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      <invstOrSec>
        <name>Anaheim Public Financing Authority</name>
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          <isin value="US03255LBM00"/>
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          <maturityDt>2027-09-01</maturityDt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HNZ28"/>
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          <maturityDt>2025-05-15</maturityDt>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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        <cusip>91412HHJ5</cusip>
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          <isin value="US91412HHJ59"/>
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        <curCd>USD</curCd>
        <valUSD>235755.69000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Bay Area Toll Authority</name>
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          <isin value="US072024UJ97"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-04-01</maturityDt>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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          <isin value="US797661ZQ10"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-08-01</maturityDt>
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      <invstOrSec>
        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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          <isin value="US544525X370"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <cusip>13063CR51</cusip>
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          <isin value="US13063CR516"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California Department of Water Resources</name>
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        <name>Metropolitan Water District of Southern California</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Power Revenue</name>
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        <name>San Francisco Community College District</name>
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        <name>City &amp; County of San Francisco CA</name>
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        <name>State of California</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>San Diego County Regional Airport Authority</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>Riverside County Transportation Commission Sales Tax Revenue</name>
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      <invstOrSec>
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        <name>California State University</name>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Foothill-Eastern Transportation Corridor Agency</name>
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          <maturityDt>2053-01-15</maturityDt>
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      <invstOrSec>
        <name>State of California</name>
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          <maturityDt>2035-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>State of California</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Desert Community College District</name>
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          <isin value="US250375GH94"/>
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        <name>University of California</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Corona-Norco Unified School District</name>
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        <name>University of California</name>
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        <name>Sacramento City Unified School District/CA</name>
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        <name>San Diego Unified School District/CA</name>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
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          <isin value="US797355Q230"/>
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        <name>City of Los Angeles Department of Airports</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>California State Public Works Board</name>
        <lei>N/A</lei>
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          <isin value="US13068XDB29"/>
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        <name>State of California Department of Water Resources</name>
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        <name>City of Los Angeles CA Wastewater System Revenue</name>
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        <name>Irvine Ranch Water District Water Service Corp</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Anaheim Public Financing Authority</name>
        <lei>N/A</lei>
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          <isin value="US03255LBP31"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>County of Sacramento CA Airport System Revenue</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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        <valUSD>54905.54000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>Twin Rivers Unified School District</name>
        <lei>N/A</lei>
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        <name>Santa Rosa High School District</name>
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        <name>University of California</name>
        <lei>N/A</lei>
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        <name>Bay Area Toll Authority</name>
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        <name>California State Public Works Board</name>
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        <name>University of California</name>
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        <name>City &amp; County of San Francisco CA</name>
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        <name>State of California</name>
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      <invstOrSec>
        <name>Hayward Unified School District</name>
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          <isin value="US4212906Z58"/>
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        <name>San Diego Unified School District/CA</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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          <maturityDt>2050-10-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Glendale Community College District/CA</name>
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          <isin value="US378394HZ63"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-08-01</maturityDt>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
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          <maturityDt>2036-05-15</maturityDt>
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      <invstOrSec>
        <name>Coast Community College District</name>
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          <isin value="US190335JZ39"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
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        <name>University of California</name>
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        <name>Pasadena Public Financing Authority</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>San Diego County Water Authority</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>University of California</name>
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        <name>Rio Hondo Community College District/CA</name>
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        <name>University of California</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>University of California</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Los Angeles County Redevelopment Refunding Authority Redev Agency Successor Agy</name>
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        <name>California State University</name>
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        <name>State of California</name>
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        <name>Perris Union High School District/CA</name>
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        <name>Golden State Tobacco Securitization Corp</name>
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        <name>Long Beach Unified School District</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>University of California</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Bay Area Toll Authority</name>
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        <name>California State University</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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          <isin value="US13034ASB79"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>San Bernardino Community College District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
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        <name>Los Angeles County Public Works Financing Authority</name>
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        <name>University of California</name>
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        <name>University of California</name>
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        <name>River Islands Public Financing Authority</name>
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        <name>Livermore Valley Joint Unified School District/CA</name>
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        <name>California State University</name>
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        <name>Northern California Sanitation Agencies Financing Authority</name>
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        <name>University of California</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>California State University</name>
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        <name>University of California</name>
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        <name>California State Public Works Board</name>
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        <name>City of Glendale CA Electric Revenue</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>California State University</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Norman Y Mineta San Jose International Airport SJC</name>
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      <invstOrSec>
        <name>University of California</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Bay Area Toll Authority</name>
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        <name>Los Angeles County Sanitation Districts Financing Authority</name>
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        <name>California State Public Works Board</name>
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        <name>Chaffey Joint Union High School District</name>
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        <name>California State Public Works Board</name>
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        <name>California Municipal Finance Authority</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>University of California</name>
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          <couponKind>None</couponKind>
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        <name>Foothill-De Anza Community College District</name>
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        <name>Northern California Sanitation Agencies Financing Authority</name>
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        <name>Los Angeles Community College District/CA</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Contra Costa Transportation Authority Sales Tax Revenue</name>
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          <isin value="US21221MFW55"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>California Educational Facilities Authority</name>
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          <isin value="US130179SD70"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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          <isin value="US13063DLF32"/>
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          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City &amp; County of San Francisco CA</name>
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          <isin value="US79765DW978"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Imperial Irrigation District Electric System Revenue</name>
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          <isin value="US452650GC22"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>State of California</name>
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          <isin value="US13063DQW10"/>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Turlock Irrigation District</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>California State University</name>
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        <name>San Ramon Valley Unified School District/CA</name>
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        <name>Pittsburg Successor Agency Redevelopment Agency</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Southern California Public Power Authority</name>
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        <name>Golden State Tobacco Securitization Corp</name>
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        <name>University of California</name>
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        <name>California State Public Works Board</name>
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        <name>Fresno Unified School District</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>University of California</name>
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        <name>Golden State Tobacco Securitization Corp</name>
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        <name>Metropolitan Water District of Southern California</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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      <invstOrSec>
        <name>California Statewide Communities Development Authority</name>
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        <name>California State Public Works Board</name>
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        <name>Coast Community College District</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>California State Public Works Board</name>
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        <name>University of California</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>University of California</name>
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        <name>California State Public Works Board</name>
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        <name>University of California</name>
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        <name>University of California</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>Livermore Valley Joint Unified School District/CA</name>
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        <name>University of California</name>
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        <name>Los Angeles County Sanitation Districts Financing Authority</name>
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        <name>California State University</name>
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          <isin value="US13077DBD30"/>
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        <name>Bay Area Toll Authority</name>
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        <name>University of California</name>
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        <lei>N/A</lei>
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        <name>Fresno Unified School District</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>Riverside County Transportation Commission Sales Tax Revenue</name>
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        <name>University of California</name>
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        <name>Los Angeles Department of Water &amp; Power</name>
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        <name>Montebello Unified School District</name>
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        <name>State of California</name>
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        <name>Glendale Unified School District/CA</name>
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        <name>Bay Area Toll Authority</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>State of California</name>
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        <name>Southern California Public Power Authority</name>
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        <name>University of California</name>
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      <invstOrSec>
        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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      <invstOrSec>
        <name>State of California</name>
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      <invstOrSec>
        <name>Los Angeles Unified School District/CA</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Burbank CA Electric Revenue</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego Unified School District/CA</name>
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        <name>Folsom Cordova Unified School District</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-10-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>California Municipal Finance Authority</name>
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          <isin value="US13049UEY10"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>California State University</name>
        <lei>N/A</lei>
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          <isin value="US13077C3P73"/>
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        <curCd>USD</curCd>
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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>2032-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of Los Angeles Department of Airports</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California State Public Works Board</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</name>
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        <name>State of California</name>
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        <name>Mount San Antonio Community College District</name>
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        <name>State of California</name>
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        <name>California State University</name>
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        <name>San Jose Redevelopment Agency Successor Agency</name>
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      <invstOrSec>
        <name>California State Public Works Board</name>
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        <name>University of California</name>
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        <name>California Enterprise Development Authority</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>State of California</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>University of California</name>
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        <name>Stockton Unified School District</name>
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          <maturityDt>2030-02-01</maturityDt>
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        <name>California State Public Works Board</name>
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          <isin value="US13068XDF33"/>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>California State University</name>
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        <name>Twin Rivers Unified School District</name>
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      <invstOrSec>
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        <name>Los Angeles Community College District/CA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>San Francisco Bay Area Rapid Transit District Sales Tax Revenue</name>
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        <invCountry>US</invCountry>

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        <name>Los Angeles Community College District/CA</name>
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        <name>State of California</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>California State University</name>
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        <name>California State University</name>
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        <name>San Diego Public Facilities Financing Authority</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Fresno Unified School District</name>
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        <name>State of California</name>
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        <name>Metropolitan Water District of Southern California</name>
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        <name>Compton Unified School District/CA</name>
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        <name>State of California</name>
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        <name>Lodi Unified School District/CA</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>State of California</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Alameda Corridor Transportation Authority</name>
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        <name>Contra Costa Transportation Authority Sales Tax Revenue</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Tuolumne Wind Project Authority</name>
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        <name>San Diego County Regional Transportation Commission</name>
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        <name>University of California</name>
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        <name>University of California</name>
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        <name>River Islands Public Financing Authority</name>
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        <name>Oakland Unified School District/Alameda County</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Desert Sands Unified School District</name>
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        <name>Foothill-Eastern Transportation Corridor Agency</name>
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        <name>Chabot-Las Positas Community College District</name>
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        <name>State of California</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>California State University</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US544525T402"/>
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          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>San Francisco Bay Area Rapid Transit District Sales Tax Revenue</name>
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          <isin value="US797669XN33"/>
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        <name>State of California</name>
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        <name>Tuolumne Wind Project Authority</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>California State University</name>
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        <name>San Diego County Regional Airport Authority</name>
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        <name>State of California</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Southwestern Community College District</name>
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          <isin value="US845389PV13"/>
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        <name>California State Public Works Board</name>
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          <isin value="US13068XJY67"/>
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          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>Alameda County Joint Powers Authority</name>
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          <isin value="US010831DY84"/>
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        <invCountry>US</invCountry>

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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Santa Monica-Malibu Unified School District</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>University of California</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>San Francisco County Transportation Authority Sales Tax Revenue</name>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>California State Public Works Board</name>
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        <name>San Francisco Bay Area Rapid Transit District</name>
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        <name>University of California</name>
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        <name>University of California</name>
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        <name>San Mateo Foster City Public Financing Authority</name>
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        <name>State of California</name>
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          <maturityDt>2030-03-01</maturityDt>
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      <invstOrSec>
        <name>Sacramento Municipal Utility District</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
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          <isin value="US13063DT650"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

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          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Mateo Joint Powers Financing Authority</name>
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          <isin value="US79904NGQ79"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>City of San Francisco CA Public Utilities Commission Water Revenue</name>
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          <isin value="US79765R5H88"/>
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        <curCd>USD</curCd>
        <valUSD>25099.30000000</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>2050-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Golden State Tobacco Securitization Corp</name>
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          <isin value="US38122NZC90"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>San Francisco Bay Area Rapid Transit District</name>
        <lei>549300Y3C3QUMLE3FY58</lei>
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        <balance>915000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063D5Q78"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>California Infrastructure &amp; Economic Development Bank</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>Los Angeles Department of Water &amp; Power</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <name>East Bay Municipal Utility District Water System Revenue</name>
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        <name>University of California</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>Desert Community College District</name>
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        <name>Los Angeles County Facilities Inc</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <name>California State University</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>San Francisco Unified School District</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>Los Angeles County Public Works Financing Authority</name>
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          <isin value="US54473EYN83"/>
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        <name>Alameda County Joint Powers Authority</name>
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          <isin value="US010831ED39"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California Department of Water Resources</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southern California Public Power Authority</name>
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        <name>San Francisco County Transportation Authority Sales Tax Revenue</name>
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        <name>Rancho Santiago Community College District</name>
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        <name>University of California</name>
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      <invstOrSec>
        <name>University of California</name>
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        <name>Orange County Local Transportation Authority Sales Tax Revenue</name>
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        <name>State of California</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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          <isin value="US54466HDP82"/>
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      <invstOrSec>
        <name>University of California</name>
        <lei>N/A</lei>
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          <isin value="US91412HKU67"/>
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          <maturityDt>2051-05-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>San Diego County Regional Airport Authority</name>
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          <isin value="US79739GLC86"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</name>
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          <isin value="US79768HKH02"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Natomas Unified School District</name>
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        <name>California State Public Works Board</name>
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        <name>University of California</name>
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        <name>California State University</name>
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        <name>California State University</name>
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        <name>University of California</name>
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        <name>University of California</name>
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        <name>California State University</name>
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        <name>San Francisco City &amp; County Public Utilities Commission Wastewater Revenue</name>
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        <name>Orange County Local Transportation Authority Sales Tax Revenue</name>
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        <name>Downey Unified School District</name>
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        <name>University of California</name>
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        <name>California Educational Facilities Authority</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>University of California</name>
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        <name>Chaffey Community College District</name>
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        <name>Northern California Sanitation Agencies Financing Authority</name>
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        <name>University of California</name>
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        <name>San Francisco County Transportation Authority Sales Tax Revenue</name>
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        <name>Etiwanda School District Community Facilities District No 9</name>
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        <name>Bay Area Toll Authority</name>
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        <name>University of California</name>
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        <name>Los Angeles Unified School District/CA</name>
        <lei>N/A</lei>
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        <name>West Contra Costa Unified School District</name>
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        <name>University of California</name>
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        <name>San Diego Unified School District/CA</name>
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          <isin value="US797356JA18"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>California State Public Works Board</name>
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          <isin value="US13068XCY31"/>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>Bay Area Toll Authority</name>
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        <invCountry>US</invCountry>

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          <annualizedRt>5.00000000</annualizedRt>
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        <name>State of California</name>
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        <name>California State Public Works Board</name>
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          <isin value="US13068L4X07"/>
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        <name>Santa Clara Unified School District</name>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>Port of Los Angeles</name>
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        <name>City of Los Angeles Department of Airports</name>
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        <name>California State University</name>
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        <name>San Joaquin Hills Transportation Corridor Agency</name>
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        <name>Coast Community College District</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>California State Public Works Board</name>
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        <name>San Diego Community College District</name>
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        <name>San Diego Unified School District/CA</name>
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          <isin value="US797356JC73"/>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>State of California</name>
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        <name>Los Angeles Department of Water &amp; Power Water System Revenue</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>Bay Area Toll Authority</name>
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        <name>West Contra Costa Unified School District</name>
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        <name>Santa Clara Valley Water District Safe Clean Water Revenue</name>
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        <name>California State Public Works Board</name>
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        <name>Los Angeles Community College District/CA</name>
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        <name>University of California</name>
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        <name>University of California</name>
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        <name>Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue</name>
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        <name>California State University</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>Perris Union High School District/CA</name>
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        <name>San Francisco City &amp; County Airport Comm-San Francisco International Airport</name>
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        <name>San Diego Unified School District/CA</name>
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        <name>California State University</name>
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        <name>University of California</name>
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        <name>Los Angeles Unified School District/CA</name>
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        <name>San Diego County Water Authority</name>
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        <name>City of Long Beach CA Harbor Revenue</name>
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        <name>University of California</name>
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        <name>Bay Area Toll Authority</name>
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        <name>Bay Area Toll Authority</name>
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      <ncom:dateSigned>2025-01-27</ncom:dateSigned>
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      <ncom:signature>Ashley Grim</ncom:signature>
      <ncom:signerName>Ashley Grim</ncom:signerName>
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</edgarSubmission>
