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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO SPRINGS COLO UTILS REV</name>
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          <isin value="US196632BH51"/>
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        <valUSD>2300000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>COLORADO HEALTH FACS AUTH REV</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2062-05-15</maturityDt>
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        <name>CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-15</maturityDt>
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          <annualizedRt>1.80000115</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONROE TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US2084184R15"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>380275.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>COOK CNTY ILL CMNTY CONS SCH DIST NO 064 PARK RIDGE</name>
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          <isin value="US213669KR40"/>
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        <curCd>USD</curCd>
        <valUSD>1245071.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DISTRICT COLUMBIA INCOME TAX REV</name>
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        <cusip>25477GXS9</cusip>
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          <isin value="US25477GXS91"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2042386.40000000</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>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DU PAGE CNTY ILL FST PRESV DIST</name>
        <lei>N/A</lei>
        <title>DU PAGE CNTY IL FOREST PRESERV DUPAGE COUNTY FOREST PRESERVE DISTRICT</title>
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          <isin value="US262651VF63"/>
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        <curCd>USD</curCd>
        <valUSD>1307973.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>EGG HARBOR TWP N J</name>
        <lei>N/A</lei>
        <title>EGG HARBOR TWP NJ TOWNSHIP OF EGG HARBOR NJ</title>
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        <identifiers>
          <isin value="US282305HW43"/>
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        <balance>2850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2851926.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ESSEX CNTY N J IMPT AUTH LEASE REV</name>
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        <title>ESSEX CNTY NJ IMPT AUTH ESSEX COUNTY IMPROVEMENT AUTHORITY</title>
        <cusip>296807MM9</cusip>
        <identifiers>
          <isin value="US296807MM90"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>659479.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>FAIRFAX CNTY VA INDL DEV AUTH REV</name>
        <lei>N/A</lei>
        <title>FAIRFAX CNTY VA INDL DEV AUTHR FAIRFAX COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</title>
        <cusip>303823LR7</cusip>
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          <isin value="US303823LR74"/>
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        <balance>1955000.00000000</balance>
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        <valUSD>1955000.00000000</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>2042-05-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>FRANKLIN CNTY OHIO HOSP REV</name>
        <lei>N/A</lei>
        <title>FRANKLIN CNTY OH HOSP FACS REV COUNTY OF FRANKLIN OH</title>
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          <isin value="US353187BT38"/>
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        <curCd>USD</curCd>
        <valUSD>1400000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.80000115</annualizedRt>
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        <name>GAINESVILLE FLA UTILS SYS REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GLENDALE ARIZ WTR &amp; SWR REV</name>
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          <isin value="US378352RY62"/>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>HALEDON N J</name>
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          <isin value="US405540EZ45"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>HAMILTON OHIO</name>
        <lei>N/A</lei>
        <title>HAMILTON OH CITY OF HAMILTON OH</title>
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          <isin value="US407756P829"/>
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        <balance>920000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV</name>
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        <cusip>414009PV6</cusip>
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          <isin value="US414009PV67"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>HONEOYE FALLS LIMA N Y CENT SCH DIST</name>
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        <valUSD>1008896.30000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
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          <isin value="US442403RD52"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ILLINOIS FIN AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US45200F6G90"/>
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        <curCd>USD</curCd>
        <valUSD>3000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-01</maturityDt>
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      <invstOrSec>
        <name>IOWA FIN AUTH MIDWESTERN DISASTER AREA ECONOMIC DEV REV</name>
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          <isin value="US46246XAD66"/>
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        <valUSD>7500000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA FIN AUTH POLLUTN CTL FAC REV</name>
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        <cusip>46246WAD8</cusip>
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          <isin value="US46246WAD83"/>
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        <curCd>USD</curCd>
        <valUSD>1600000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.95000155</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JANESVILLE WIS SCH DIST</name>
        <lei>N/A</lei>
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        <cusip>470878NE5</cusip>
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          <isin value="US470878NE52"/>
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        <balance>950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>963078.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>KANSAS CITY MO SPL OBLIG</name>
        <lei>N/A</lei>
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          <isin value="US485106CP13"/>
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        <curCd>USD</curCd>
        <valUSD>4100000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.10999930</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>KAREGNONDI WTR AUTH MICH</name>
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        <title>KAREGNONDI WTR AUTH MI KAREGNONDI WATER AUTHORITY</title>
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          <isin value="US48563UCB52"/>
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        <curCd>USD</curCd>
        <valUSD>1192902.77000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST PUBLIC ENERGY AUTH KENTUCKY PUBLIC ENERGY AUTHORITY</title>
        <cusip>74440DFD1</cusip>
        <identifiers>
          <isin value="US74440DFD12"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>829854.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LA PLATA CNTY COLO SCH DIST NO 9-R DURANGO</name>
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        <cusip>503768NA7</cusip>
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          <isin value="US503768NA73"/>
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        <curCd>USD</curCd>
        <valUSD>1258867.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>LEANDER TEX INDPT SCH DIST</name>
        <lei>N/A</lei>
        <title>LEANDER TX INDEP SCH DIST LEANDER INDEPENDENT SCHOOL DISTRICT</title>
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          <isin value="US521841N932"/>
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        <balance>1250000.00000000</balance>
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        <valUSD>1266963.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>LINCOLN NEB ELEC SYS REV IAM COML PAPER 3/A2 SER 1995</name>
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        <title>LINCOLN NEBRASKA ELECTRIC  MUNI COMMERCIAL PAPER</title>
        <cusip>53427TGY0</cusip>
        <identifiers>
          <isin value="US53427TGY01"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5000191.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LOUISIANA PUB FACS AUTH HOSP REV</name>
        <lei>N/A</lei>
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          <isin value="US546395W675"/>
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        <curCd>USD</curCd>
        <valUSD>1100000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.91000120</annualizedRt>
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        <name>MANASQUAN N J</name>
        <lei>N/A</lei>
        <title>MANASQUAN NJ BOROUGH OF MANASQUAN NJ</title>
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          <isin value="US561773BN16"/>
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        <valUSD>801562.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MAPLEWOOD TWP N J</name>
        <lei>N/A</lei>
        <title>MAPLEWOOD TWP NJ TOWNSHIP OF MAPLEWOOD NJ</title>
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          <isin value="US565624NG47"/>
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        <balance>1300000.00000000</balance>
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        <valUSD>1302722.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-07</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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        <name>MARYLAND ST CMNTY DEV ADMIN DEPT HSG &amp; CMNTY DEV</name>
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        <title>MARYLAND ST CMNTY DEV ADMIN DE MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION</title>
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          <isin value="US57419PRX95"/>
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        <curCd>USD</curCd>
        <valUSD>1070000.00000000</valUSD>
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        <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>1.94000055</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASSACHUSETTS ST WTR RES AUTH IAM COML PAPER NTS 3/A2</name>
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        <title>MASS WATER RESOURCES AUT  MUNI COMMERCIAL PAPER</title>
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          <isin value="US57604YBJ38"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2600228.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.05000000</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>MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX IAM COML PAPER 3/A2 SER C BANS</name>
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        <title>MASSACHUSETTS BAY TRANSPORTATION A MUNI COMMERCIAL PAPER</title>
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        <identifiers>
          <isin value="US57559JAY91"/>
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        <balance>4150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4149992.95000000</valUSD>
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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>METROPOLITAN TRANSN AUTH N Y REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MIAMISBURG OHIO</name>
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          <isin value="US593864MK43"/>
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        <debtSec>
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        <name>MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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        <name>MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE</name>
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          <isin value="US60528ABW36"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
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        <name>MOUNT HOLLY TWP N J</name>
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          <isin value="US621545HT21"/>
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        <valUSD>1001304.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>NEW HAMPSHIRE ST HSG FIN AUTH SINGLE FAMILY MTG REV</name>
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          <isin value="US64469D4P36"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
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        <name>NEW HAMPSHIRE ST</name>
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        <name>NEW MEXICO MTG FIN AUTH MULTIFAMILY HSG REV</name>
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        <name>NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV</name>
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        <name>NEW YORK N Y CITY MUN WTR FIN AUTH WTR &amp; SWR SYS REV</name>
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        <name>NEW YORK ST HSG FIN AGY REV</name>
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        <name>NORTH CAROLINA ST GRANT ANTIC REV</name>
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        <name>ROSWELL GA DEV AUTH REV</name>
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        <name>SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH ECONOMIC DEV REV</name>
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        <name>SOUTH CAROLINA ST PUB SVCS AUTH REV</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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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        <curCd>USD</curCd>
        <valUSD>2745000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.91999855</annualizedRt>
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      <invstOrSec>
        <name>SOUTH DAKOTA HSG DEV AUTH</name>
        <lei>N/A</lei>
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          <isin value="US83756CW353"/>
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        <curCd>USD</curCd>
        <valUSD>3310000.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>1.91999855</annualizedRt>
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      <invstOrSec>
        <name>TENDER OPT BD TR RCPTS / CTFS VAR STS</name>
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        <cusip>88033SVX9</cusip>
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          <isin value="US88033SVX97"/>
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        <curCd>USD</curCd>
        <valUSD>1770000.00000000</valUSD>
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          <annualizedRt>2.06999895</annualizedRt>
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      <invstOrSec>
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        <cusip>88035DJD8</cusip>
        <identifiers>
          <isin value="US88035DJD84"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>400000.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.40000055</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TENDER OPT BD TR RCPTS / CTFS VAR STS</name>
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        <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>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95000.00000000</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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          <couponKind>Floating</couponKind>
          <annualizedRt>1.96999990</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TENNESSEE HSG DEV AGY RESIDENTIAL FIN PROG REV</name>
        <lei>N/A</lei>
        <title>TENNESSEE HSG DEV AGY RSDL FIN TENNESSEE HOUSING DEVELOPMENT AGENCY</title>
        <cusip>88046KPP5</cusip>
        <identifiers>
          <isin value="US88046KPP56"/>
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        <balance>1030000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1030121.75000000</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>2056-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>882723H77</cusip>
        <identifiers>
          <isin value="US882723H770"/>
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        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1750000.00000000</valUSD>
        <pctVal>0.838447912954</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.09999830</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY NORTH TEX UNIV REV</name>
        <lei>N/A</lei>
        <title>UNIV OF N TEXAS UNIV REVENUE UNIVERSITY OF NORTH TEXAS SYSTEM</title>
        <cusip>914729XB9</cusip>
        <identifiers>
          <isin value="US914729XB93"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1016633.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNIVERSITY TEX UNIV REVS IAM COML PAPER 3/A2 SER A</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF TEXAS  MUNI COMMERCIAL PAPER</title>
        <cusip>91514YFR9</cusip>
        <identifiers>
          <isin value="US91514YFR99"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000101.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNIVERSITY TEX PERM UNIV FD IAM COML PAPER NTS 3/A2 SER A</name>
        <lei>N/A</lei>
        <title>UNIVERSITY OF TEXAS MUNI COMMERCIAL PAPER</title>
        <cusip>91514CMN8</cusip>
        <identifiers>
          <isin value="US91514CMN82"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1000001.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSITY TEX PERM UNIV FD IAM COML PAPER NTS 3/A2 SER A</name>
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        <title>UNIVERSITY OF TEXAS MUNI COMMERCIAL PAPER</title>
        <cusip>91514CME8</cusip>
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          <isin value="US91514CME83"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3000009.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSITY TEX PERM UNIV FD IAM COML PAPER NTS 3/A2 SER A</name>
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        <title>UNIVERSITY OF TEXAS MUNI COMMERICAL PAPER</title>
        <cusip>91514CPH8</cusip>
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          <isin value="US91514CPH87"/>
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        <curCd>USD</curCd>
        <valUSD>3000372.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.98000000</annualizedRt>
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        <name>UNIVERSITY TEX UNIV REVS IAM COML PAPER 3/A2 SER C-1</name>
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        <cusip>91514TAF1</cusip>
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          <isin value="US91514TAF12"/>
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        <curCd>USD</curCd>
        <valUSD>3000540.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-23</maturityDt>
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          <annualizedRt>3.05000000</annualizedRt>
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        <name>UTAH WTR FIN AGY REV</name>
        <lei>N/A</lei>
        <title>UTAH ST WTR FIN AGY REVENUE UTAH WATER FINANCE AGENCY</title>
        <cusip>917572TV1</cusip>
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          <isin value="US917572TV13"/>
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        <curCd>USD</curCd>
        <valUSD>1855000.00000000</valUSD>
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        <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>1.95000155</annualizedRt>
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        <name>WANAQUE BORO N J</name>
        <lei>N/A</lei>
        <title>WANAQUE BORO NJ BOROUGH OF WANAQUE NJ</title>
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          <isin value="US933680EQ96"/>
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        <curCd>USD</curCd>
        <valUSD>7352176.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-18</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>WARREN MICH CONS SCH DIST</name>
        <lei>N/A</lei>
        <title>WARREN MI CONSOL SCH DIST WARREN CONSOLIDATED SCHOOLS</title>
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          <isin value="US935341S403"/>
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        <curCd>USD</curCd>
        <valUSD>2188232.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>WASHINGTON ST HSG FIN COMMN</name>
        <lei>N/A</lei>
        <title>WASHINGTON ST HSG FIN COMMISSI WASHINGTON STATE HOUSING FINANCE COMMISSION</title>
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        <identifiers>
          <isin value="US93978TTF65"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WATERFORD MICH SCH DIST</name>
        <lei>N/A</lei>
        <title>WATERFORD MI SCH DIST WATERFORD SCHOOL DISTRICT/MI</title>
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        <valUSD>2848396.04000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>WEST VIRGINIA ST HOSP FIN AUTH HOSP REV</name>
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        <valUSD>880000.00000000</valUSD>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>WISCONSIN HSG &amp; ECONOMIC DEV AUTH HOME OWNERSHIP REV</name>
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        <valUSD>2320000.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <valUSD>1400000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
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        <name>WYOMING CMNTY DEV AUTH HSG REV</name>
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          <isin value="US98322QTB31"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1110000.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-12-01</maturityDt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>YAVAPAI CNTY ARIZ INDL DEV AUTH REV</name>
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        <title>YAVAPAI CNTY AZ INDL DEV AUTH INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF</title>
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        <curCd>USD</curCd>
        <valUSD>1500000.00000000</valUSD>
        <pctVal>0.718669639675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.99999925</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>SEI INSTITUTIONAL MANAGED TRUST</ncom:nameOfApplicant>
      <ncom:signature>Glenn Kurdziel</ncom:signature>
      <ncom:signerName>Glenn Kurdziel</ncom:signerName>
      <ncom:title>Controller and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
