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        <invCountry>US</invCountry>

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        <name>Build NYC Resource Corp</name>
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          <isin value="US12008EMX12"/>
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          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2039-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Build NYC Resource Corp</name>
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          <isin value="US12008EVU71"/>
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        <curCd>USD</curCd>
        <valUSD>154163.85000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Build NYC Resource Corp</name>
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          <isin value="US12008EVV54"/>
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        <curCd>USD</curCd>
        <valUSD>49166.95000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Build NYC Resource Corp</name>
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          <isin value="US12008EVW38"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Dutchess County Local Development Corp</name>
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        <name>Erie County Fiscal Stability Authority</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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        <name>Hudson Yards Infrastructure Corp</name>
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        <lei>549300EE2HJ67TPURL87</lei>
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          <isin value="US44420RCG39"/>
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        <curCd>USD</curCd>
        <valUSD>21375.01000000</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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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
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          <isin value="US5426904J89"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55015.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
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          <isin value="US5426908A35"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR AUTH</title>
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          <isin value="US5426908C90"/>
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        <balance>50000.00000000</balance>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR AUTH</title>
        <cusip>5426908D7</cusip>
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          <isin value="US5426908D73"/>
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        <balance>115000.00000000</balance>
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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>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR AUTH</title>
        <cusip>5426908E5</cusip>
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          <isin value="US5426908E56"/>
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        <balance>105000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR AUTH</title>
        <cusip>5426908F2</cusip>
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          <isin value="US5426908F22"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91186.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR AUTH</title>
        <cusip>5426908K1</cusip>
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          <isin value="US5426908K17"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267992.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR AUTH</title>
        <cusip>5426908L9</cusip>
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          <isin value="US5426908L99"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>327914.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>LONG ISLAND PWR AUTH</title>
        <cusip>5426908M7</cusip>
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          <isin value="US5426908M72"/>
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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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      <invstOrSec>
        <name>Long Island Power Authority</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
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          <isin value="US542691AM25"/>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Long Island Power Authority</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Long Island Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Long Island Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Long Island Power Authority</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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          <isin value="US542691JW16"/>
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      <invstOrSec>
        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Long Island Power Authority</name>
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        <name>Metropolitan Transportation Authority Dedicated Tax Fund</name>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY INDL DEV</title>
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          <isin value="US61075TPM44"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY INDL DEV</title>
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          <isin value="US61075TPP74"/>
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        <invCountry>US</invCountry>

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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY INDL DEV</title>
        <cusip>61075TPQ5</cusip>
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          <isin value="US61075TPQ57"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY INDL DEV</title>
        <cusip>61075TPR3</cusip>
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          <isin value="US61075TPR31"/>
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        <curCd>USD</curCd>
        <valUSD>20693.15000000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY INDL DEV</title>
        <cusip>61075TPS1</cusip>
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          <isin value="US61075TPS14"/>
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        <curCd>USD</curCd>
        <valUSD>294743.21000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY INDL DEV</title>
        <cusip>61075TPZ5</cusip>
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          <isin value="US61075TPZ56"/>
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        <curCd>USD</curCd>
        <valUSD>90130.62000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
        <title>MONROE CO INDL DEV-C</title>
        <cusip>61075TSD1</cusip>
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          <isin value="US61075TSD18"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45706.03000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
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        <cusip>61075TSE9</cusip>
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          <isin value="US61075TSE90"/>
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        <curCd>USD</curCd>
        <valUSD>55835.53000000</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>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
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        <cusip>61075TSK5</cusip>
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          <isin value="US61075TSK50"/>
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        <curCd>USD</curCd>
        <valUSD>60026.57000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
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          <maturityDt>2050-07-01</maturityDt>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
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          <isin value="US61075TWS31"/>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
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          <isin value="US61075TWT14"/>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
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        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
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          <isin value="US61075TYC60"/>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
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          <isin value="US61075TYD44"/>
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      <invstOrSec>
        <name>Monroe County Industrial Development Corp/NY</name>
        <lei>N/A</lei>
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          <isin value="US61075TYE27"/>
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        <balance>260000.00000000</balance>
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        <valUSD>308016.05000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MTA Hudson Rail Yards Trust Obligations</name>
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          <couponKind>Fixed</couponKind>
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          <isin value="US62476RAC97"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
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      <invstOrSec>
        <name>City of New Rochelle NY</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York Convention Center Development Corp</name>
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          <isin value="US649451CW99"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
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      <invstOrSec>
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          <isin value="US649451CY55"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York Convention Center Development Corp</name>
        <lei>N/A</lei>
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          <isin value="US649451DC27"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York Convention Center Development Corp</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York Convention Center Development Corp</name>
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          <isin value="US649451DL26"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>New York Convention Center Development Corp</name>
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          <isin value="US649451DM09"/>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Convention Center Development Corp</name>
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        <name>New York Convention Center Development Corp</name>
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        <name>New York Convention Center Development Corp</name>
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      <invstOrSec>
        <name>New York Convention Center Development Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>New York Convention Center Development Corp</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Convention Center Development Corp</name>
        <lei>N/A</lei>
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          <isin value="US649451GJ43"/>
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        <curCd>USD</curCd>
        <valUSD>60934.74000000</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>2044-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>New York Liberty Development Corp</name>
        <lei>N/A</lei>
        <title>NY LIBERTY DEV CORP</title>
        <cusip>649519EK7</cusip>
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          <isin value="US649519EK75"/>
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        <curCd>USD</curCd>
        <valUSD>182454.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York Liberty Development Corp</name>
        <lei>N/A</lei>
        <title>NY LIBERTY DEV CORP</title>
        <cusip>649519EL5</cusip>
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          <isin value="US649519EL58"/>
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        <balance>85000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75593.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York Liberty Development Corp</name>
        <lei>N/A</lei>
        <title>NY LIBERTY DEV CORP</title>
        <cusip>649519EM3</cusip>
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          <isin value="US649519EM32"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140047.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York Liberty Development Corp</name>
        <lei>N/A</lei>
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        <cusip>649519EN1</cusip>
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          <isin value="US649519EN15"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144472.46000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK-REF-C</title>
        <cusip>64966L4P3</cusip>
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          <isin value="US64966L4P34"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50106.99000000</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>2031-08-01</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK-REF-C</title>
        <cusip>64966L4S7</cusip>
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          <isin value="US64966L4S72"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30000.20000000</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>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK-REF-C</title>
        <cusip>64966L5C1</cusip>
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          <isin value="US64966L5C12"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20042.14000000</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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NYC-F6-ADJ</title>
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          <isin value="US64966LU257"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.80000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>City of New York NY</name>
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          <isin value="US64966MA257"/>
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        <valUSD>112903.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>City of New York NY</name>
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          <isin value="US64966MAU36"/>
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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>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>City of New York NY</name>
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          <isin value="US64966MAV19"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
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      <invstOrSec>
        <name>City of New York NY</name>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>City of New York NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <balance>35000.00000000</balance>
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        <valUSD>35405.30000000</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>2030-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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      <invstOrSec>
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      <invstOrSec>
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          <isin value="US64971XF378"/>
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          <isin value="US64971XF451"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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          <isin value="US64971XFQ60"/>
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          <isin value="US64971XFT00"/>
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          <isin value="US64971XFW39"/>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York City Transitional Finance Authority Future Tax Secured Revenue</name>
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        <name>New York State Environmental Facilities Corp</name>
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        <name>New York State Environmental Facilities Corp</name>
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        <name>New York State Environmental Facilities Corp</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Empire State Development Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NY ST URBAN DEV-A-REF</title>
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          <isin value="US64985TCK51"/>
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        <curCd>USD</curCd>
        <valUSD>149706.35000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NY ST URBAN DEV-A-REF</title>
        <cusip>64985TCL3</cusip>
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          <isin value="US64985TCL35"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NY ST URBAN DEV-A-REF</title>
        <cusip>64985TCM1</cusip>
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          <isin value="US64985TCM18"/>
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        <curCd>USD</curCd>
        <valUSD>139005.86000000</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>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NY ST URBAN DEV-A-REF</title>
        <cusip>64985TCN9</cusip>
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          <isin value="US64985TCN90"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18373.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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        <title>NY ST URBAN DEV CORP</title>
        <cusip>64985TCQ2</cusip>
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          <isin value="US64985TCQ22"/>
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        <balance>60000.00000000</balance>
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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>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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        <title>NY ST URBAN DEV CORP</title>
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          <isin value="US64985TCR05"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Empire State Development Corp</name>
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        <cusip>64985TCS8</cusip>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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          <isin value="US64985TCT60"/>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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        <name>Empire State Development Corp</name>
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          <maturityDt>2033-03-15</maturityDt>
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      <invstOrSec>
        <name>Empire State Development Corp</name>
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        <title>NY ST URBAN DEV COR-A</title>
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        <balance>40000.00000000</balance>
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        <valUSD>47221.83000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>New York State Environmental Facilities Corp</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990ASD80"/>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990ASE63"/>
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        <name>New York State Dormitory Authority</name>
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          <isin value="US64990ASF39"/>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990ASG1</cusip>
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          <isin value="US64990ASG12"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>64990ASL0</cusip>
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          <isin value="US64990ASL07"/>
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        <balance>60000.00000000</balance>
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        <valUSD>66984.83000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>New York State Dormitory Authority</name>
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        <cusip>64990ASP1</cusip>
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          <isin value="US64990ASP11"/>
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        <balance>75000.00000000</balance>
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          <maturityDt>2043-03-15</maturityDt>
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        <cusip>64990ASR7</cusip>
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          <isin value="US64990ASR76"/>
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        <cusip>64990ASS5</cusip>
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        <cusip>64990AST3</cusip>
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          <isin value="US64990ASU06"/>
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        <name>New York State Dormitory Authority</name>
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        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST TWY AUTH-P-REV</title>
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          <isin value="US650009Z974"/>
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        <valUSD>98836.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US65000B4Z89"/>
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        <curCd>USD</curCd>
        <valUSD>31126.00000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-A</title>
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          <isin value="US65000B7D41"/>
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        <curCd>USD</curCd>
        <valUSD>65878.75000000</valUSD>
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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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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>DASNY-A</title>
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          <isin value="US65000BAS79"/>
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        <curCd>USD</curCd>
        <valUSD>40144.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NY ST DORM AUTH</title>
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          <isin value="US65000BD889"/>
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        <curCd>USD</curCd>
        <valUSD>307146.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NY ST DORM AUTH</title>
        <cusip>65000BD96</cusip>
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          <isin value="US65000BD962"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204168.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH</title>
        <cusip>65000BDJ4</cusip>
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          <isin value="US65000BDJ44"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>112004.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH</title>
        <cusip>65000BDK1</cusip>
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          <isin value="US65000BDK17"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>184805.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH</title>
        <cusip>65000BDL9</cusip>
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          <isin value="US65000BDL99"/>
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        <balance>440000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>429306.94000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NY ST DORM AUTH</title>
        <cusip>65000BE20</cusip>
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          <isin value="US65000BE200"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>59439.92000000</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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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
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        <cusip>65000BNP9</cusip>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>New York State Dormitory Authority</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>New York State Dormitory Authority</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <cusip>65000BNT1</cusip>
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          <couponKind>Fixed</couponKind>
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        <lei>549300C8XO7EXTX2XU71</lei>
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        <invCountry>US</invCountry>

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        <name>New York State Dormitory Authority</name>
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        <name>New York State Dormitory Authority</name>
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        <name>New York Power Authority</name>
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        <name>New York Power Authority</name>
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        <name>New York Power Authority</name>
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        <name>New York Power Authority</name>
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        <name>New York Power Authority</name>
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        <name>New York Power Authority</name>
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        <name>New York Power Authority</name>
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          <isin value="US65000XBW92"/>
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        <curCd>USD</curCd>
        <valUSD>110595.48000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NEW YORK ST THRUWAY A</title>
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          <isin value="US650010BA80"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NEW YORK ST THRUWAY A</title>
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          <isin value="US650010BC47"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRUWAY AUTH-B</title>
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          <isin value="US650010BR16"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRUWAY AUTH-B</title>
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          <isin value="US650010BS98"/>
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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>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRUWAY AUTH-B</title>
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          <isin value="US650010BY66"/>
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        <valUSD>151417.07000000</valUSD>
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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>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRUWAY AUTH-B</title>
        <cusip>650010CA7</cusip>
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          <isin value="US650010CA71"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81931.42000000</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>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRUWAY AUTH-B</title>
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          <isin value="US650010CB54"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>122262.73000000</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>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRUWAY AUTH-B</title>
        <cusip>650010CC3</cusip>
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          <isin value="US650010CC38"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50728.57000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
        <title>NY ST THRUWAY AUTH-B</title>
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          <isin value="US650010CD11"/>
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        <balance>75000.00000000</balance>
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        <valUSD>75851.42000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650010CE93"/>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650010CF68"/>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650010CH25"/>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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          <isin value="US650010CJ80"/>
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        <name>New York State Thruway Authority</name>
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          <isin value="US650010CK53"/>
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        <name>New York State Thruway Authority</name>
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          <isin value="US650010CL37"/>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
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      <invstOrSec>
        <name>New York State Thruway Authority</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>New York State Thruway Authority</name>
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        <name>Empire State Development Corp</name>
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        <name>Empire State Development Corp</name>
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          <isin value="US86476PP690"/>
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        <name>County of Suffolk NY</name>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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          <isin value="US91802RFD61"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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          <isin value="US91802RFG92"/>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
        <title>UTILITY DEBT SECZ-TE1</title>
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          <isin value="US91802RFJ32"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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          <isin value="US91802RFM60"/>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Utility Debt Securitization Authority</name>
        <lei>N/A</lei>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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        <name>Utility Debt Securitization Authority</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>County of Westchester NY</name>
        <lei>N/A</lei>
        <title>WESTCHESTER CO-A</title>
        <cusip>95736VEH1</cusip>
        <identifiers>
          <isin value="US95736VEH15"/>
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        <balance>20000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21202.05000000</valUSD>
        <pctVal>0.006626988859</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Nassau County Water Authority</name>
        <lei>N/A</lei>
        <title>WSTRN NASSAU CO WTR-A</title>
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        <identifiers>
          <isin value="US958792EY56"/>
        </identifiers>
        <balance>30000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28669.53000000</valUSD>
        <pctVal>0.008961051215</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Nassau County Water Authority</name>
        <lei>N/A</lei>
        <title>WSTRN NASSAU CO WTR-A</title>
        <cusip>958792EZ2</cusip>
        <identifiers>
          <isin value="US958792EZ22"/>
        </identifiers>
        <balance>165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151239.05000000</valUSD>
        <pctVal>0.047271820387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-01</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-04-27</ncom:dateSigned>
      <ncom:nameOfApplicant>VANGUARD NEW YORK TAX-FREE FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Ashley Grim</ncom:signature>
      <ncom:signerName>Ashley Grim</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
