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      <invstOrSec>
        <name>SAN DIEGO CALIF PUB FACS FING AUTH WTR REV SUB IAM COML PAPER NTS 3/A2 SER A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <valUSD>4250000.00000000</valUSD>
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          <annualizedRt>0.13999940</annualizedRt>
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      <invstOrSec>
        <name>CLARKSVILLE TENN PUB BLDG AUTH REV</name>
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          <isin value="US182564AS36"/>
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        <valUSD>1500000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.12999840</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST</name>
        <lei>N/A</lei>
        <title>TEXAS ST STATE OF TEXAS</title>
        <cusip>882723H51</cusip>
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          <isin value="US882723H515"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.11000005</annualizedRt>
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      <invstOrSec>
        <name>NEWBURGH TOWN N Y</name>
        <lei>N/A</lei>
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          <isin value="US65087RBH12"/>
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        <curCd>USD</curCd>
        <valUSD>3379282.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST</name>
        <lei>N/A</lei>
        <title>TEXAS ST STATE OF TEXAS</title>
        <cusip>8827236Q7</cusip>
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          <isin value="US8827236Q77"/>
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        <balance>1930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1930000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.12000105</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTH DAKOTA HSG DEV AUTH</name>
        <lei>N/A</lei>
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        <cusip>83756CD69</cusip>
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          <isin value="US83756CD692"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09999905</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TENDER OPT BD TR RCPTS / CTFS VAR STS</name>
        <lei>N/A</lei>
        <title>TENDER OPTION BOND TRUST RECEI TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
        <cusip>88034UNN4</cusip>
        <identifiers>
          <isin value="US88034UNN45"/>
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        <balance>2650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2650000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.15000040</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ARIZONA BRD REGENTS ARIZ ST UNIV SYS REV</name>
        <lei>N/A</lei>
        <title>ARIZONA BRD OF RGTS ST UNIV SY ARIZONA STATE UNIVERSITY</title>
        <cusip>04048RAA4</cusip>
        <identifiers>
          <isin value="US04048RAA41"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09999905</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FRANKLIN CNTY OHIO HOSP REV</name>
        <lei>N/A</lei>
        <title>FRANKLIN CNTY OH HOSP REVENUE COUNTY OF FRANKLIN OH</title>
        <cusip>353186V22</cusip>
        <identifiers>
          <isin value="US353186V227"/>
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        <balance>945000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.08000070</annualizedRt>
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      <invstOrSec>
        <name>EVESHAM TWP N J</name>
        <lei>N/A</lei>
        <title>EVESHAM TWP NJ TOWNSHIP OF EVESHAM NJ</title>
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          <isin value="US300471RF81"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.00000000</annualizedRt>
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        <name>CHARLOTTE N C CTFS PARTN</name>
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        <title>CHARLOTTE NC COPS CITY OF CHARLOTTE NC</title>
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          <isin value="US161037G910"/>
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        <name>PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV</name>
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          <isin value="US733508AF22"/>
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        <fairValLevel>2</fairValLevel>
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        <name>MASSACHUSETTS ST WTR RES AUTH</name>
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      <invstOrSec>
        <name>BOARD TRUSTEES MICH ST UNIV IAM COML PAPER NTS 3/A2 SER G</name>
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          <isin value="US09660NAS09"/>
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      <invstOrSec>
        <name>NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV</name>
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          <isin value="US64971QPQ00"/>
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          <annualizedRt>0.06999970</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY MET SWR DIST SWR &amp; DRAIN SYS REV IAM COML PAPER NTS 3/A2 SER 2018 A-1</name>
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          <isin value="US54658NCP42"/>
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        <curCd>USD</curCd>
        <valUSD>1499967.15000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST UNIV REVS</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST UNIV REVENUES MICHIGAN STATE UNIVERSITY</title>
        <cusip>594712ND9</cusip>
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          <isin value="US594712ND92"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1700000.00000000</valUSD>
        <pctVal>0.876182649190</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09000170</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ESCAMBIA CNTY FLA SOLID WASTE DISP SYS REV</name>
        <lei>N/A</lei>
        <title>ESCAMBIA CNTY FL SOL WST DISP COUNTY OF ESCAMBIA FL</title>
        <cusip>296163BB3</cusip>
        <identifiers>
          <isin value="US296163BB37"/>
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        <balance>3800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3800000.00000000</valUSD>
        <pctVal>1.958525921719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09999905</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>NEW YORK ST PWR AUTH IAM COML PAPER 3/A3</name>
        <lei>N/A</lei>
        <title>NEW YORK ST PWR AUTH IAM CP MUNI COMMERCIAL PAPER</title>
        <cusip>64989MC67</cusip>
        <identifiers>
          <isin value="US64989MC677"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1999993.40000000</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>2022-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY HSG DEV CORPM NEW YORK CITY HOUSING DEVELOPMENT CORP</title>
        <cusip>64972ESV2</cusip>
        <identifiers>
          <isin value="US64972ESV29"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200000.00000000</valUSD>
        <pctVal>0.103080311669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09999905</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>TENDER OPT BD TR RCPTS / CTFS VAR STS</name>
        <lei>N/A</lei>
        <title>NORTH FT BEND WTR AUTH TEX WTR REVENUE BOND</title>
        <cusip>88034R4U6</cusip>
        <identifiers>
          <isin value="US88034R4U66"/>
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        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1500000.00000000</valUSD>
        <pctVal>0.773102337521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.16000140</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>NORTH CAROLINA MED CARE COMMN HOSP REV</name>
        <lei>N/A</lei>
        <title>NORTH CAROLINA ST MED CARE COM NORTH CAROLINA MEDICAL CARE COMMISSION</title>
        <cusip>65820HTL7</cusip>
        <identifiers>
          <isin value="US65820HTL77"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>800000.00000000</valUSD>
        <pctVal>0.412321246677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09999905</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>NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY HSG DEV CORP NEW YORK CITY HOUSING DEVELOPMENT CORP</title>
        <cusip>64972EA82</cusip>
        <identifiers>
          <isin value="US64972EA823"/>
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        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>949460.31000000</valUSD>
        <pctVal>0.489353323362</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>Fixed</couponKind>
          <annualizedRt>0.12000000</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>AURORA ILL REV</name>
        <lei>N/A</lei>
        <title>AURORA IL REVENUE CITY OF AURORA IL</title>
        <cusip>051672AB9</cusip>
        <identifiers>
          <isin value="US051672AB98"/>
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        <balance>1710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1710000.00000000</valUSD>
        <pctVal>0.881336664773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.12000105</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>KING CNTY WASH IAM COML PAPER NTS 3/A2 SER A</name>
        <lei>N/A</lei>
        <title>KING COUNTY WASH DIR ASN MUNI COMMERCIAL PAPER</title>
        <cusip>49476VAZ6</cusip>
        <identifiers>
          <isin value="US49476VAZ67"/>
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        <balance>6500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6499641.85000000</valUSD>
        <pctVal>3.349925538189</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11000000</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>PORT AUTH N Y &amp; N J TAXABLE IAM COML PAPER NTS 3/A2 2010 SER B</name>
        <lei>N/A</lei>
        <title>PORT AUTHORITY OF NY&amp;NJ MUNI COMMERCIAL PAPER</title>
        <cusip>73359BYQ6</cusip>
        <identifiers>
          <isin value="US73359BYQ66"/>
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        <balance>2700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2699617.68000000</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>2022-04-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.16000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TENDER OPT BD TR RCPTS / CTFS VAR STS</name>
        <lei>N/A</lei>
        <title>TENDER OPTION BOND TRUST RECEI TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES</title>
        <cusip>88033U8G7</cusip>
        <identifiers>
          <isin value="US88033U8G74"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000000.00000000</valUSD>
        <pctVal>1.030803116694</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.13999940</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>N/A</name>
        <lei>N/A</lei>
        <title>BOARD OF TRUSTEES MICHIGAN ST UNIV MUNI COMMERCIAL PAPER</title>
        <cusip>09660NAT8</cusip>
        <identifiers>
          <other otherDesc="All Others" value="09660NAT8"/>
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        <balance>5500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5500000.00000000</valUSD>
        <pctVal>2.834708570910</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG &amp; CMNTY DEV</name>
        <lei>N/A</lei>
        <title>MARYLAND ST CMNTY DEV ADMIN DE MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION</title>
        <cusip>57419PRX9</cusip>
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          <isin value="US57419PRX95"/>
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        <balance>1070000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1070000.00000000</valUSD>
        <pctVal>0.551479667431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.16000140</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV IAM COML PAPER 3/A2 SER C-1</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY CUL EDU FAC MUNI COMMERCIAL PAPER</title>
        <cusip>41386REU8</cusip>
        <identifiers>
          <isin value="US41386REU86"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2000002.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORTH EAST INDPT SCH DIST TEX IAM COML PAPER NTS 3/A2 SER A</name>
        <lei>N/A</lei>
        <title>NORTH EAST INDEPENDENT SCHOOL DIST MUNI COMMERCIAL PAPER</title>
        <cusip>65915DCF3</cusip>
        <identifiers>
          <isin value="US65915DCF33"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7499845.50000000</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>2022-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.16000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS ST</name>
        <lei>N/A</lei>
        <title>TEXAS ST STATE OF TEXAS</title>
        <cusip>882724GK7</cusip>
        <identifiers>
          <isin value="US882724GK71"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>600000.00000000</valUSD>
        <pctVal>0.309240935008</pctVal>
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        <name>KING CNTY WASH IAM COML PAPER NTS 3/A2 SER A</name>
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      <invstOrSec>
        <name>FAIRFAX CNTY VA INDL DEV AUTH REV</name>
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        <name>MIAMI-DADE CNTY FLA INDL DEV AUTH REV</name>
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        <name>PENNSYLVANIA ECONOMIC DEV FIN AUTH EXEMPT FAC REV</name>
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        <invCountry>US</invCountry>

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        <name>LOUISIANA ST OFFSHORE TERM AUTH DEEPWTR PORT REV</name>
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          <isin value="US546510FH68"/>
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          <isin value="US882723J677"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>UNIVERSITY MINN IAM COML PAPER NTS 3/A2 SER H</name>
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        <name>MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE</name>
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        <name>SOUTHCENTRAL PA GEN AUTH REV</name>
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        <name>WISCONSIN HSG &amp; ECONOMIC DEV AUTH HSG REV</name>
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        <name>ONEIDA CNTY N Y INDL DEV AGY REV</name>
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        <name>CENTRAL MICH UNIV REVS</name>
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        <name>INDIANA ST FIN AUTH REV</name>
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        <name>MINNEAPOLIS MINN REV</name>
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        <name>IOWA FIN AUTH POLLUTN CTL FAC REV</name>
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        <name>MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX IAM COML PAPER 3/A2 SER A BANS</name>
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        <name>ILLINOIS DEV FIN AUTH REV</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST DEV FIN AUTH ILLINOIS DEVELOPMENT FINANCE AUTHORITY</title>
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        <fairValLevel>2</fairValLevel>
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        <name>AVONDALE ARIZ PLEDGED REV</name>
        <lei>N/A</lei>
        <title>AVONDALE AZ PLEDGED REVENUE CITY OF AVONDALE AZ</title>
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          <isin value="US054320BP00"/>
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        <curCd>USD</curCd>
        <valUSD>273720.49000000</valUSD>
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        <name>EMMAUS PA GEN AUTH REV</name>
        <lei>N/A</lei>
        <title>EMMAUS, PENNSYLVANIA GENERAL AUTHORITY RB</title>
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          <isin value="US291380ES82"/>
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        <valUSD>200000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>MEMPHIS TENN IAM COML PAPER NTS 3/A2 SER 2012 A</name>
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          <isin value="US58618PPD23"/>
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        <valUSD>1500000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK ST PWR AUTH IAM COML PAPER 3/A2 SER 2</name>
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        <cusip>64985NMX9</cusip>
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          <isin value="US64985NMX92"/>
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        <balance>3885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3884890.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.15000000</annualizedRt>
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        <name>PHILADELPHIA PA GAS WKS REV</name>
        <lei>N/A</lei>
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        <cusip>71783MBB0</cusip>
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          <isin value="US71783MBB00"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>600000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09999905</annualizedRt>
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        <name>MONTGOMERY CNTY PA INDL DEV AUTH RETIREMENT CMNTY REV</name>
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        <title>MONTGOMERY CNTY PA INDL DEV AU MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>61360PAW0</cusip>
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          <isin value="US61360PAW05"/>
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        <valUSD>175000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TEXAS ST</name>
        <lei>N/A</lei>
        <title>TEXAS ST STATE OF TEXAS</title>
        <cusip>882723H77</cusip>
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          <isin value="US882723H770"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.11000005</annualizedRt>
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        <name>KINGS POINT N Y</name>
        <lei>N/A</lei>
        <title>KINGS POINT NY VILLAGE OF KINGS POINT NY</title>
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          <isin value="US496134MD67"/>
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        <issuerCat>MUN</issuerCat>
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        <name>GARLAND TEX WTR &amp; SWR REV IAM COML PAPER NTS 3/A2</name>
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        <name>RBC MUN PRODS INC TR VARIOUS STS</name>
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        <name>IOWA FIN AUTH HEALTH FACS REV</name>
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        <title>IOWA ST FIN AUTH HLTH FACS REV IOWA FINANCE AUTHORITY</title>
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        <name>WISCONSIN HSG &amp; ECONOMIC DEV AUTH HOME OWNERSHIP REV</name>
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        <name>BROWNSVILLE TEX UTIL SYS REV IAM COML PAPER NTS 3/A2 SER A CITIGROUP</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>UNIVERSITY WASH UNIV REVS IAM COML PAPER NTS 3/A2 SER A</name>
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        <title>UNIVERSITY OF WASHINGTON MUNI COMMERCIAL PAPER (ISITC)</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV</name>
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        <valUSD>1525000.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RBC MUN PRODS INC TR VARIOUS STS</name>
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        <valUSD>1900000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
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          <annualizedRt>0.12999840</annualizedRt>
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        <securityLending>
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        <name>BUTLER CNTY PA INDL DEV AUTH REV</name>
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        <cusip>123600AP3</cusip>
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          <isin value="US123600AP39"/>
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        <valUSD>1430000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.19000075</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE</name>
        <lei>N/A</lei>
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        <cusip>60528ABN3</cusip>
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          <isin value="US60528ABN37"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09000170</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE</name>
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        <cusip>60528ABZ6</cusip>
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          <isin value="US60528ABZ66"/>
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        <valUSD>400000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
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          <annualizedRt>0.09000170</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>WEST VIRGINIA ST HOSP FIN AUTH HOSP REV</name>
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        <cusip>956622P40</cusip>
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          <isin value="US956622P406"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>375000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09999905</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV</name>
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        <cusip>160853LL9</cusip>
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          <isin value="US160853LL93"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1025000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.08000070</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>IOWA FIN AUTH POLLUTN CTL FAC REV</name>
        <lei>N/A</lei>
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        <cusip>46246WAD8</cusip>
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          <isin value="US46246WAD83"/>
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        <curCd>USD</curCd>
        <valUSD>1500000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>OMAHA PUB PWR DIST NEB ELEC REV IAM COML PAPER 3/A2 SER A</name>
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          <isin value="US68179RXE79"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>YAVAPAI CNTY ARIZ INDL DEV AUTH REV</name>
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          <isin value="US98521YAA73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS DEV FIN AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US45188RWL94"/>
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        <name>PORT PORT ARTHUR TEX NAV DIST EXEMPT FACS REV</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-03-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>NEW YORK ST HSG FIN AGY REV</name>
        <lei>N/A</lei>
        <title>NEW YORK ST HSG FIN AGY NEW YORK STATE HOUSING FINANCE AGENCY</title>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>KING CNTY WASH IAM COML PAPER NTS 3/A2 SER A</name>
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          <isin value="US49476VAV53"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>INDIANA ST HSG &amp; CMNTY DEV AUTH SINGLE FAMILY REV</name>
        <lei>N/A</lei>
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          <isin value="US45505TRY90"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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        <name>IOWA FIN AUTH MIDWESTERN DISASTER AREA ECONOMIC DEV REV</name>
        <lei>N/A</lei>
        <title>IOWA ST FIN AUTH MIDWESTERN EC IOWA FINANCE AUTHORITY</title>
        <cusip>46246XAD6</cusip>
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          <isin value="US46246XAD66"/>
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        <curCd>USD</curCd>
        <valUSD>2000000.00000000</valUSD>
        <pctVal>1.030803116694</pctVal>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.16999875</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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        <name>DEPTFORD TWP N J</name>
        <lei>N/A</lei>
        <title>DEPTFORD TWP NJ TOWNSHIP OF DEPTFORD NJ</title>
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          <isin value="US249685GC62"/>
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        <balance>6100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6125262.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS A &amp; M UNIV PERM UNIV FD IAM COML PAPER 3/A2 SER B</name>
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        <cusip>88212L2D3</cusip>
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          <isin value="US88212L2D31"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1999866.20000000</valUSD>
        <pctVal>1.030734155966</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12000000</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>UNIVERSITY ILL UNIV REVS</name>
        <lei>N/A</lei>
        <title>UNIV OF ILLINOIS IL REVENUES UNIVERSITY OF ILLINOIS</title>
        <cusip>914353WV5</cusip>
        <identifiers>
          <isin value="US914353WV51"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1100000.00000000</valUSD>
        <pctVal>0.566941714182</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.12999840</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>INDIANA ST HSG &amp; CMNTY DEV AUTH SINGLE FAMILY REV</name>
        <lei>N/A</lei>
        <title>INDIANA ST HSG &amp; CMNTY DEV AUT INDIANA HOUSING &amp; COMMUNITY DEVELOPMENT AUTHORITY</title>
        <cusip>45505TSA0</cusip>
        <identifiers>
          <isin value="US45505TSA06"/>
        </identifiers>
        <balance>4400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4400000.00000000</valUSD>
        <pctVal>2.267766856728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.08000070</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>METROPOLITAN GOVT NASHVILLE &amp; DAVIDSON CNTY TENN IAM COML PAPER NTS 3/A2 SER B-1</name>
        <lei>N/A</lei>
        <title>MET GOVT NASHVILLE &amp; DAVIDSON CNTY MUNI COMMERCIAL PAPER</title>
        <cusip>59211PFN0</cusip>
        <identifiers>
          <isin value="US59211PFN06"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>999989.60000000</valUSD>
        <pctVal>0.515396198171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12000000</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>PARK RIDGE N J</name>
        <lei>N/A</lei>
        <title>PARK RIDGE NJ BOROUGH OF PARK RIDGE NJ</title>
        <cusip>700807LM0</cusip>
        <identifiers>
          <isin value="US700807LM01"/>
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        <balance>3256700.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3264196.92000000</valUSD>
        <pctVal>1.682372179320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</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>CONN ST HSG FIN AUTH HSG MTG FIN PG</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST HSG FIN AUTH HS CONNECTICUT HOUSING FINANCE AUTHORITY</title>
        <cusip>20775B8C3</cusip>
        <identifiers>
          <isin value="US20775B8C34"/>
        </identifiers>
        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>375000.00000000</valUSD>
        <pctVal>0.193275584380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09000170</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>MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE</name>
        <lei>N/A</lei>
        <title>MISSISSIPPI ST BUSINESS FIN CO MISSISSIPPI BUSINESS FINANCE CORP</title>
        <cusip>60528ABX1</cusip>
        <identifiers>
          <isin value="US60528ABX19"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>800000.00000000</valUSD>
        <pctVal>0.412321246677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.09000170</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-12-31</ncom:dateSigned>
      <ncom:nameOfApplicant>SEI INSTITUTIONAL MANAGED TRUST</ncom:nameOfApplicant>
      <ncom:signature>Peter Rodriguez</ncom:signature>
      <ncom:signerName>Peter Rodriguez</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
