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          <isin value="US9281724Q59"/>
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          <isin value="US928104NC81"/>
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          <isin value="US770082BS30"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ROANOKE VA ECON DEV AUTH RSDLC</name>
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        <title>ROANOKE ECONOMIC DEVELOPMENT AUTHORITY</title>
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          <isin value="US770081BE60"/>
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        <valUSD>4557930.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-12-01</maturityDt>
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        <name>HANOVER CNTY VA ECON DEV AUTHR</name>
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          <isin value="US41077CAR60"/>
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        <curCd>USD</curCd>
        <valUSD>3820345.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>ALEXANDRIA VA INDL DEV AUTH ED</name>
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          <isin value="US015304EN42"/>
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        <name>PHOENIX AZ INDL DEV AUTH HLTHC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-15</maturityDt>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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          <isin value="US87638QEW50"/>
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          <maturityDt>2050-11-15</maturityDt>
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        <name>VIRGINIA ST RESOURCES AUTH INF</name>
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          <isin value="US92818MMN73"/>
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          <isin value="US015304FG81"/>
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        <name>MONTGOMERY CNTY VA ECON DEV AU</name>
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        <name>HENRICO CNTY VA ECON DEV AUTH</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>HENRICO CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
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        <name>FAIRFAX CNTY VA WTR AUTH WTR R</name>
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        <name>RICHMOND VA MET AUTH EXPRESSWA</name>
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        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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        <curCd>USD</curCd>
        <valUSD>300000.00000000</valUSD>
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        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
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      <invstOrSec>
        <name>NORFOLK VA REDEV &amp; HSG AUTH RE</name>
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          <isin value="US655909CK31"/>
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        <curCd>USD</curCd>
        <valUSD>213734.00000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEXINGTON VA INDL DEV AUTH EDU</name>
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        <cusip>52976TBC0</cusip>
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          <isin value="US52976TBC09"/>
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        <curCd>USD</curCd>
        <valUSD>2581792.95000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VIRGINIA SMALL BUSINESS FING A</name>
        <lei>N/A</lei>
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          <isin value="US928097AD68"/>
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        <balance>18895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21714700.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY</name>
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          <isin value="US30383DAF24"/>
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        <curCd>USD</curCd>
        <valUSD>3804712.50000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>FAIRFAX CNTY VA ECON DEV AUTH</name>
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        <cusip>30382EJK1</cusip>
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          <isin value="US30382EJK10"/>
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        <balance>1740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2284550.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEXINGTON VA INDL DEV AUTH EDU</name>
        <lei>N/A</lei>
        <title>Lexington Industrial Development Authority</title>
        <cusip>52976TBE6</cusip>
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          <isin value="US52976TBE64"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1217250.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QR87</cusip>
        <identifiers>
          <isin value="US74526QR872"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>45000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA ST PORT AUTH CMWLTH P</name>
        <lei>N/A</lei>
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          <isin value="US928075GU83"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1185920.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US426170NP72"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2042-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FAIRFAX CNTY VA SWR REVENUE</name>
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          <isin value="US303867KE44"/>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FAIRFAX CNTY VA INDL DEV AUTH</name>
        <lei>N/A</lei>
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          <isin value="US303823KZ00"/>
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        <balance>13315000.00000000</balance>
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          <maturityDt>2044-05-15</maturityDt>
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        <name>ALBEMARLE CNTY VA ECON DEV AUT</name>
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          <isin value="US01266WAK27"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QU678"/>
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        <name>HENRICO CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>CAPITAL REGION ARPT VA COMMISS</name>
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        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
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          <isin value="US041438HC96"/>
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          <maturityDt>2038-11-01</maturityDt>
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        <name>ROANOKE VA ECON DEV AUTH HOSPR</name>
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          <isin value="US770082CA13"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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          <isin value="US74526QG719"/>
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        <name>VIRGINIA ST CMWLTH UNIV HLTH S</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>HANOVER CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
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        <name>MOSAIC DIST CMNTY-A</name>
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        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
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        <name>RUSSELL CNTY VA INDL DEV AUTH</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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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>GTR RICHMOND VA CONVENTION CEN</name>
        <lei>N/A</lei>
        <title>Greater Richmond Convention Center Authority</title>
        <cusip>392329CT3</cusip>
        <identifiers>
          <isin value="US392329CT34"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2307540.00000000</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>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAINT CHARLES PARISH LA POLL C</name>
        <lei>N/A</lei>
        <title>Parish of St Charles LA</title>
        <cusip>788070BT6</cusip>
        <identifiers>
          <isin value="US788070BT68"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000000.00000000</valUSD>
        <pctVal>0.060970572375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENRICO CNTY VA WTR &amp; SWR REVE</name>
        <lei>N/A</lei>
        <title>County of Henrico VA Water &amp; Sewer Revenue</title>
        <cusip>426170KV7</cusip>
        <identifiers>
          <isin value="US426170KV77"/>
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        <balance>4085000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4416293.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HENRICO CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
        <title>Henrico County Economic Development Authority</title>
        <cusip>42605QGU1</cusip>
        <identifiers>
          <isin value="US42605QGU13"/>
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        <balance>1430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1611753.00000000</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>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LYNCHBURG VA ECON DEV AUTH HOS</name>
        <lei>N/A</lei>
        <title>Lynchburg Economic Development Authority</title>
        <cusip>55123TAS1</cusip>
        <identifiers>
          <isin value="US55123TAS15"/>
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        <balance>5345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6169947.30000000</valUSD>
        <pctVal>0.376185218405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAIRFAX CNTY VA REDEV &amp; HSG AU</name>
        <lei>N/A</lei>
        <title>Fairfax County Redevelopment &amp; Housing Authority</title>
        <cusip>303835DQ2</cusip>
        <identifiers>
          <isin value="US303835DQ22"/>
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        <balance>3040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3746009.60000000</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>2038-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</title>
        <cusip>592643BQ2</cusip>
        <identifiers>
          <isin value="US592643BQ24"/>
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        <balance>1875000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2415450.00000000</valUSD>
        <pctVal>0.147271369043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STAFFORD CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
        <title>Stafford County Economic Development Authority</title>
        <cusip>852431BL8</cusip>
        <identifiers>
          <isin value="US852431BL80"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>401334.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WINCHESTER VA ECON DEV AUTH HO</name>
        <lei>N/A</lei>
        <title>Winchester Economic Development Authority</title>
        <cusip>973121BJ4</cusip>
        <identifiers>
          <isin value="US973121BJ42"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>291627.50000000</valUSD>
        <pctVal>0.017780695595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MOSAIC DIST VA CMNTY DEV AUTH</name>
        <lei>N/A</lei>
        <title>Mosaic District Community Development Authority</title>
        <cusip>61945DAS0</cusip>
        <identifiers>
          <isin value="US61945DAS09"/>
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        <balance>1730000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1984880.90000000</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>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDERICKSBURG VA ECON DEV AUT</name>
        <lei>N/A</lei>
        <title>Fredericksburg Economic Development Authority</title>
        <cusip>355849BC3</cusip>
        <identifiers>
          <isin value="US355849BC32"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1376337.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HENRICO CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
        <title>HENRICO COUNTY ECONOMIC DEVELOPMENT AUTHORITY</title>
        <cusip>42605PDE2</cusip>
        <identifiers>
          <isin value="US42605PDE25"/>
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        <balance>4065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4181584.20000000</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>2037-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LEXINGTON VA INDL DEV AUTH EDU</name>
        <lei>N/A</lei>
        <title>Lexington Industrial Development Authority</title>
        <cusip>52976TBG1</cusip>
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          <isin value="US52976TBG13"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1801500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ROCKINGHAM CNTY VA ECON DEV AU</name>
        <lei>N/A</lei>
        <title>Rockingham County Economic Development Authority</title>
        <cusip>773455AR1</cusip>
        <identifiers>
          <isin value="US773455AR19"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2402760.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SUFFOLK VA ECON DEV AUTH RETMN</name>
        <lei>N/A</lei>
        <title>Suffolk Economic Development Authority</title>
        <cusip>86482NAJ4</cusip>
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          <isin value="US86482NAJ46"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4228640.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
        <title>Metropolitan Washington Airports Authority</title>
        <cusip>592647BF7</cusip>
        <identifiers>
          <isin value="US592647BF72"/>
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        <balance>11450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13314976.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SUFFOLK VA ECON DEV AUTH RETMN</name>
        <lei>N/A</lei>
        <title>Suffolk Economic Development Authority</title>
        <cusip>86482NAL9</cusip>
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          <isin value="US86482NAL91"/>
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        <balance>1960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2094828.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
        <lei>N/A</lei>
        <title>Arlington County Industrial Development Authority</title>
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        <name>UNIV OF VIRGINIA VA UNIV REVEN</name>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
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        <name>LEXINGTON VA INDL DEV AUTH RSD</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>NORFOLK VA WTR REVENUE</name>
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      <invstOrSec>
        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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          <isin value="US927793E397"/>
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      <invstOrSec>
        <name>PRINCE WILLIAM CNTY VA INDL DE</name>
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          <isin value="US741756CB42"/>
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        <valUSD>4142800.00000000</valUSD>
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          <maturityDt>2037-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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          <isin value="US74526QR203"/>
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        <curCd>USD</curCd>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <title>Virginia Small Business Financing Authority</title>
        <cusip>928106AQ6</cusip>
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          <isin value="US928106AQ62"/>
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        <curCd>USD</curCd>
        <valUSD>1776687.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>VIRGINIA ST RESOURCES AUTH INF</name>
        <lei>N/A</lei>
        <title>Virginia Resources Authority</title>
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          <isin value="US92818NLB28"/>
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        <balance>90000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON DC MET AREA TRANSIT</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>Washington Metropolitan Area Transit Authority</title>
        <cusip>938782GN3</cusip>
        <identifiers>
          <isin value="US938782GN36"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1204150.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALBEMARLE CNTY VA ECON DEV AUT</name>
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        <title>Albermarle County Economic Development Authority</title>
        <cusip>01266WAJ5</cusip>
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          <isin value="US01266WAJ53"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3553515.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DALLAS-FORT WORTH TX INTERNATI</name>
        <lei>N/A</lei>
        <title>Dallas-Fort Worth International Airport Facility Improvement Corp</title>
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          <isin value="US235035BJ09"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>MINNESOTA ST HSG FIN AGY</name>
        <lei>549300R89XDTQBK4GE22</lei>
        <title>Minnesota Housing Finance Agency</title>
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          <isin value="US60416SUD07"/>
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        <balance>3600000.00000000</balance>
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        <valUSD>3600000.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-01-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>Washington Metropolitan Area Transit Authority</title>
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          <isin value="US938782GL79"/>
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        <name>CHERRY HILL VA CMNTY DEV AUTHS</name>
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          <isin value="US164631AC72"/>
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        <name>VIRGINIA ST HSG DEV AUTH</name>
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        <name>VIRGINIA ST POLYTECH INSTITUTE</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <valUSD>2147340.00000000</valUSD>
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        <name>VALDEZ AK MARINE TERMINAL REVE</name>
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        <name>PUERTO RICO COMMONWEALTH AQUEDUCT &amp; SEWER AUTHORITY</name>
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        <name>LOUDOUN CNTY VA ECON DEV AUTH</name>
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          <isin value="US54601TAA43"/>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <name>FAIRFAX CNTY VA INDL DEV AUTH</name>
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          <isin value="US303823KE70"/>
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        <name>RIVERSIDE VA REGL JAIL AUTH JA</name>
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        <name>NORFOLK VA WTR REVENUE</name>
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          <isin value="US656009ML84"/>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <name>CHESAPEAKE VA TOLL ROAD REVENU</name>
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      <invstOrSec>
        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL REGION ARPT VA COMMISS</name>
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          <isin value="US140442EY63"/>
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      <invstOrSec>
        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
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          <isin value="US42605QGV95"/>
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        <valUSD>673926.00000000</valUSD>
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        <name>BOTETOURT COUNTY VIRGINIA RESIDENTIAL REFUNDING</name>
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        <curCd>USD</curCd>
        <valUSD>3345630.00000000</valUSD>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>LYNCHBURG VA ECON DEV AUTH HOS</name>
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          <isin value="US55123TAU60"/>
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        <curCd>USD</curCd>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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          <isin value="US592647EM96"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>VIRGINIA ST PUBLIC BLDG AUTH P</name>
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          <isin value="US9281723T08"/>
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        <curCd>USD</curCd>
        <valUSD>7999634.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>JAMES CITY CNTY VA ECON DEV AU</name>
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        <cusip>47029WCD7</cusip>
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          <isin value="US47029WCD74"/>
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        <balance>753000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65887.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
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          <isin value="US43233KAE47"/>
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        <curCd>USD</curCd>
        <valUSD>5150000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>STAFFORD CNTY VA ECON DEV AUTH</name>
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          <isin value="US852431BJ35"/>
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        <curCd>USD</curCd>
        <valUSD>2878800.00000000</valUSD>
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        <name>HENRICO CNTY VA ECON DEV AUTH</name>
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        <name>VIRGINIA ST HSG DEV AUTH</name>
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        <title>Virginia Housing Development Authority</title>
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          <isin value="US92812Q8A87"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QV668"/>
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        <name>ALEXANDRIA VA INDL DEV AUTH ED</name>
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          <isin value="US015304FE34"/>
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        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
        <lei>N/A</lei>
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          <isin value="US041438GY26"/>
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        <name>CAPITAL REGION ARPT VA COMMISS</name>
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          <isin value="US140442EW08"/>
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        <name>NORFOLK VA ECONOMIC DEV AUTH H</name>
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        <balance>5575000.00000000</balance>
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      <invstOrSec>
        <name>ALEXANDRIA VA INDL DEV AUTH ED</name>
        <lei>N/A</lei>
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          <isin value="US015304EM68"/>
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      <invstOrSec>
        <name>GTR RICHMOND VA CONVENTION CEN</name>
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          <isin value="US392329CS50"/>
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          <maturityDt>2030-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
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          <isin value="US041438GU04"/>
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        <curCd>USD</curCd>
        <valUSD>777972.00000000</valUSD>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VIRGINIA ST CLG BLDG AUTH EDUC</name>
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          <isin value="US92778VJP40"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2582120.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MURRAY CITY UT HOSP REVENUE</name>
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          <isin value="US626853CD52"/>
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        <balance>945000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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        <name>CAPITAL REGION ARPT VA COMMISS</name>
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          <isin value="US140442FR04"/>
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        <valUSD>466992.00000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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          <isin value="US592647GJ40"/>
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        <fairValLevel>2</fairValLevel>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
        <lei>549300ADKOK76HQMJS30</lei>
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          <isin value="US93878YAT64"/>
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        <curCd>USD</curCd>
        <valUSD>1164810.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>CLG WILLIAM &amp; MARY VA CLG REVE</name>
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          <isin value="US194522DR63"/>
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        <valUSD>475683.10000000</valUSD>
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          <maturityDt>2033-02-15</maturityDt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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          <isin value="US74526QH212"/>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
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        <name>LYNCHBURG VA ECON DEV AUTH HOS</name>
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          <isin value="US55123TAG76"/>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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          <isin value="US592643CX65"/>
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        <name>BOTETOURT COUNTY VIRGINIA RESIDENTIAL REFUNDING</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>ROANOKE VA ECON DEV AUTH HOSPR</name>
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      <invstOrSec>
        <name>MOSAIC DIST VA CMNTY DEV AUTH</name>
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          <isin value="US61945DAT81"/>
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        <name>VIRGINIA ST CLG BLDG AUTH EDUC</name>
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          <isin value="US927780SJ66"/>
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        <name>FREDERICKSBURG VA ECON DEV AUT</name>
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          <isin value="US355849BA75"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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          <isin value="US592643CT53"/>
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        <name>WINCHESTER VA ECON DEV AUTH HO</name>
        <lei>N/A</lei>
        <title>Winchester Economic Development Authority</title>
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          <isin value="US973121BN53"/>
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        <balance>9500000.00000000</balance>
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        <valUSD>10844060.00000000</valUSD>
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          <maturityDt>2044-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP V</name>
        <lei>N/A</lei>
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          <isin value="US88880NAU37"/>
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        <valUSD>3041607.25000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
        <lei>N/A</lei>
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          <isin value="US928105BV65"/>
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          <couponKind>Fixed</couponKind>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <name>VIRGINIA ST CMWLTH TRANSPRTN B</name>
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        <name>LEXINGTON VA INDL DEV AUTH EDU</name>
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          <isin value="US52976TBF30"/>
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        <name>UPPER OCCOQUAN VA SEWAGE AUTHR</name>
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        <name>FAIRFAX CNTY VA REDEV &amp; HSG AU</name>
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        <name>CHERRY HILL VA CMNTY DEV AUTHS</name>
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        <name>NORFOLK VA ARPT AUTH REVENUE</name>
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        <name>VIRGINIA ST RESOURCES AUTH INF</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAMPTON ROADS VA TRANSPRTN ACC</name>
        <lei>N/A</lei>
        <title>Hampton Roads Transportation Accountability Commission</title>
        <cusip>40934TAQ6</cusip>
        <identifiers>
          <isin value="US40934TAQ67"/>
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        <balance>2850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3451663.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WASHINGTON DC MET AREA TRANSIT</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>Washington Metropolitan Area Transit Authority</title>
        <cusip>938782EV7</cusip>
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          <isin value="US938782EV79"/>
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        <curCd>USD</curCd>
        <valUSD>1920539.25000000</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>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL REGION ARPT VA COMMISS</name>
        <lei>N/A</lei>
        <title>Capital Region Airport Commission</title>
        <cusip>140442FU3</cusip>
        <identifiers>
          <isin value="US140442FU33"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>767130.00000000</valUSD>
        <pctVal>0.046772355186</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
        <lei>N/A</lei>
        <title>Arlington County Industrial Development Authority</title>
        <cusip>041438GS5</cusip>
        <identifiers>
          <isin value="US041438GS57"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>653665.00000000</valUSD>
        <pctVal>0.039854329191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NORFOLK VA WTR REVENUE</name>
        <lei>N/A</lei>
        <title>City of Norfolk VA Water Revenue</title>
        <cusip>656009MH7</cusip>
        <identifiers>
          <isin value="US656009MH72"/>
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        <balance>1705000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1801332.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JACKSON CNTY MS PORT FAC REVEN</name>
        <lei>N/A</lei>
        <title>County of Jackson MS</title>
        <cusip>467229AF7</cusip>
        <identifiers>
          <isin value="US467229AF74"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1100000.00000000</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>2023-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GTR RICHMOND VA CONVENTION CEN</name>
        <lei>N/A</lei>
        <title>Greater Richmond Convention Center Authority</title>
        <cusip>392329CU0</cusip>
        <identifiers>
          <isin value="US392329CU07"/>
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        <balance>5630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6488631.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MADISON CNTY VA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Madison County Industrial Development Authority</title>
        <cusip>557432AF8</cusip>
        <identifiers>
          <isin value="US557432AF83"/>
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        <balance>11000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11662970.00000000</valUSD>
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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>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LEXINGTON VA INDL DEV AUTH RSD</name>
        <lei>N/A</lei>
        <title>Lexington Industrial Development Authority</title>
        <cusip>52976BCC8</cusip>
        <identifiers>
          <isin value="US52976BCC81"/>
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        <balance>3405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3629627.85000000</valUSD>
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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>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VIRGINIA ST PORT AUTH PORT FAC</name>
        <lei>N/A</lei>
        <title>Virginia Port Authority</title>
        <cusip>928077JN7</cusip>
        <identifiers>
          <isin value="US928077JN79"/>
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        <balance>11500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13390370.00000000</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>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UPPER OCCOQUAN VA SEWAGE AUTHR</name>
        <lei>N/A</lei>
        <title>Upper Occoquan Sewage Authority</title>
        <cusip>916277MA1</cusip>
        <identifiers>
          <isin value="US916277MA15"/>
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        <balance>5805000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6663559.50000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45200FBZ1</cusip>
        <identifiers>
          <isin value="US45200FBZ18"/>
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        <balance>1635000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1635000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FAIRFAX CNTY VA SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Fairfax VA Sewer Revenue</title>
        <cusip>303867LG8</cusip>
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          <isin value="US303867LG82"/>
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        <balance>5650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6854354.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON DC MET AREA TRANSIT</name>
        <lei>549300ADKOK76HQMJS30</lei>
        <title>Washington Metropolitan Area Transit Authority</title>
        <cusip>93878YAU3</cusip>
        <identifiers>
          <isin value="US93878YAU38"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2291760.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDERICKSBURG VA ECON DEV AUT</name>
        <lei>N/A</lei>
        <title>Fredericksburg Economic Development Authority</title>
        <cusip>355849AS9</cusip>
        <identifiers>
          <isin value="US355849AS92"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2858050.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALASKA ST HSG FIN CORP</name>
        <lei>549300HJ8NOJNYW6ER36</lei>
        <title>Alaska Housing Finance Corp</title>
        <cusip>0118327K2</cusip>
        <identifiers>
          <isin value="US0118327K26"/>
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        <balance>1465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1465000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHESAPEAKE VA HOSP AUTH HOSP F</name>
        <lei>549300MDFV8QY288K198</lei>
        <title>Chesapeake Hospital Authority</title>
        <cusip>16532VBJ2</cusip>
        <identifiers>
          <isin value="US16532VBJ26"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2482640.00000000</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>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>MOSAIC DIST VA CMNTY DEV AUTH</name>
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        <name>FAIRFAX CNTY VA INDL DEV AUTH</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>VIRGINIA ST RESOURCES AUTH INF</name>
        <lei>N/A</lei>
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          <isin value="US92818NYS16"/>
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        <curCd>USD</curCd>
        <valUSD>7921575.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ROANOKE VA ECON DEV AUTH HOSPR</name>
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          <isin value="US770082BV68"/>
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        <curCd>USD</curCd>
        <valUSD>2533065.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>WESTROCK CO</name>
        <lei>N/A</lei>
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          <isin value="US96145D1054"/>
          <ticker value="WRK"/>
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        <curCd>USD</curCd>
        <valUSD>11028.27000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STAFFORD CNTY VA ECON DEV AUTH</name>
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          <isin value="US852431BE48"/>
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        <curCd>USD</curCd>
        <valUSD>1526123.80000000</valUSD>
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          <maturityDt>2030-06-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHERRY HILL VA CMNTY DEV AUTHS</name>
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          <isin value="US164631AB99"/>
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        <curCd>USD</curCd>
        <valUSD>1271060.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-03-01</maturityDt>
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          <annualizedRt>5.15000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QR95</cusip>
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          <isin value="US74526QR955"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>866400.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
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        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
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          <isin value="US745160SJ13"/>
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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>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHESAPEAKE VA HOSP AUTH HOSP F</name>
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        <title>Chesapeake Hospital Authority</title>
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        <identifiers>
          <isin value="US16532VBQ68"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1123960.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QS29</cusip>
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          <isin value="US74526QS292"/>
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        <balance>1420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1278000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FAIRFAX CNTY VA ECON DEV AUTHT</name>
        <lei>N/A</lei>
        <title>Fairfax County Economic Development Authority</title>
        <cusip>30383BCS6</cusip>
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          <isin value="US30383BCS60"/>
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        <balance>4565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5162649.80000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>NORFOLK VA WTR REVENUE</name>
        <lei>N/A</lei>
        <title>City of Norfolk VA Water Revenue</title>
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          <isin value="US656009MT11"/>
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        <curCd>USD</curCd>
        <valUSD>26351.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PHILADELPHIA PA HOSPS &amp; HGR ED</name>
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          <isin value="US717903F294"/>
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        <name>IOWA ST FIN AUTH HLTH FACS REV</name>
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        <title>Iowa Finance Authority</title>
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          <isin value="US462466ES86"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QS86</cusip>
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          <isin value="US74526QS862"/>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <name>WINCHESTER VA ECON DEV AUTH HO</name>
        <lei>N/A</lei>
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          <isin value="US973121AR76"/>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HAMPTON ROADS VA TRANSPRTN ACC</name>
        <lei>N/A</lei>
        <title>Hampton Roads Transportation Accountability Commission</title>
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          <isin value="US40934TAT07"/>
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        <balance>51485000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>RICHMOND VA MET AUTH EXPRESSWA</name>
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        <name>HAMPTON ROADS VA SANTN DIST WS</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>NORFOLK VA WTR REVENUE</name>
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        <name>ARLINGTON CNTY VA</name>
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        <curCd>USD</curCd>
        <valUSD>294369.95000000</valUSD>
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          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isin value="US041438HA31"/>
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        <curCd>USD</curCd>
        <valUSD>1744980.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-07-01</maturityDt>
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        <name>NEBRASKA ST INVESTMENT FIN AUT</name>
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        <title>Nebraska Investment Finance Authority</title>
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          <isin value="US63968MRF85"/>
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        <curCd>USD</curCd>
        <valUSD>525000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-01</maturityDt>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
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        <title>Washington Metropolitan Area Transit Authority</title>
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          <isin value="US93878YAS81"/>
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        <curCd>USD</curCd>
        <valUSD>6337450.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-07-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
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        <cusip>74526QP63</cusip>
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          <isin value="US74526QP637"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>STAFFORD CNTY VA ECON DEV AUTH</name>
        <lei>N/A</lei>
        <title>Stafford County Economic Development Authority</title>
        <cusip>852431BK0</cusip>
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          <isin value="US852431BK08"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1149370.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QR617"/>
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        <curCd>USD</curCd>
        <valUSD>329412.50000000</valUSD>
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          <maturityDt>2027-07-01</maturityDt>
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          <isin value="US773455AP52"/>
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        <balance>550000.00000000</balance>
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        <name>VIRGINIA ST CMWLTH UNIV HLTH S</name>
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          <isin value="US92778LBZ22"/>
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        <name>CHESAPEAKE VA HOSP AUTH HOSP F</name>
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          <isin value="US928097AC85"/>
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        <name>HALIFAX CNTY VA INDL DEV AUTH</name>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>CHESAPEAKE VA TOLL ROAD REVENU</name>
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        <name>CAPITAL REGION ARPT VA COMMISS</name>
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        <name>VIRGINIA ST CLG BLDG AUTH EDUC</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>NORFOLK VA WTR REVENUE</name>
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          <isin value="US656009MU83"/>
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        <name>NEWPORT NEWS VA WTR REVENUE</name>
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          <isin value="US652282BV58"/>
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        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
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          <isin value="US745160RD51"/>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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          <isin value="US592647HS30"/>
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          <maturityDt>2037-10-01</maturityDt>
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        <name>VIRGINIA ST POLYTECH INSTITUTE</name>
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        <title>Virginia Polytechnic Institute &amp; State University</title>
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          <isin value="US928067JC25"/>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>JAMES CITY CNTY VA ECON DEV AU</name>
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        <name>GTR RICHMOND VA CONVENTION CEN</name>
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        <name>CHESAPEAKE VA HOSP AUTH HOSP F</name>
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        <name>LEXINGTON VA INDL DEV AUTH EDU</name>
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        <name>ARLINGTON CNTY VA</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2017-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOWER NECHES VLY TX AUTH INDL</name>
        <lei>N/A</lei>
        <title>Lower Neches Valley Authority Industrial Development Corp</title>
        <cusip>548351AD7</cusip>
        <identifiers>
          <isin value="US548351AD73"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>800000.00000000</valUSD>
        <pctVal>0.048776457900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORFOLK VA WTR REVENUE</name>
        <lei>N/A</lei>
        <title>City of Norfolk VA Water Revenue</title>
        <cusip>656009MW4</cusip>
        <identifiers>
          <isin value="US656009MW40"/>
        </identifiers>
        <balance>15000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15808.80000000</valUSD>
        <pctVal>0.000963871584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2021-04-22</ncom:dateSigned>
      <ncom:nameOfApplicant>T. ROWE PRICE STATE TAX-FREE FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>Alan S. Dupski</ncom:signature>
      <ncom:signerName>Alan S. Dupski</ncom:signerName>
      <ncom:title>Treasurer &amp; Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
