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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>VALPARAISO IN EXEMPT FACS REVE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NATIONAL FIN AUTH NH REVENUE</name>
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          <maturityDt>2045-07-01</maturityDt>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI SPL REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74447TAG76"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TAHOE-DOUGLAS VISITORS AUTH NV</name>
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          <isin value="US873816AR37"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>iShares National Muni Bond ETF</name>
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          <ticker value="MUB"/>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
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        <fairValLevel>1</fairValLevel>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>S E ALABAMA ST GAS SPLY DIST G</name>
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        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
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        <name>JACKSONVILLE FL HLTH CARE FACS</name>
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        <name>PUBLIC FIN AUTH WI ARPT FACS R</name>
        <lei>5493004S6D3NA627K012</lei>
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          <maturityDt>2035-11-01</maturityDt>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <invCountry>US</invCountry>
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        <title>New Jersey Economic Development Authority</title>
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          <maturityDt>2030-11-15</maturityDt>
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          <annualizedRt>5.62500000</annualizedRt>
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          <maturityDt>2056-06-01</maturityDt>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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          <maturityDt>2040-06-15</maturityDt>
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        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514L3K10"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
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          <isin value="US13016NEZ33"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <invCountry>US</invCountry>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152A926"/>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <title>Massachusetts Development Finance Agency</title>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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      <invstOrSec>
        <name>VLG FL CDD #13 SPL ASSMNT REVE</name>
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          <isin value="US13078RGJ32"/>
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          <maturityDt>2054-11-15</maturityDt>
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        <name>TULSA CNTY OK INDL AUTH SENIOR</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-11-15</maturityDt>
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        <name>COBB CNTY GA KENNESTONE HOSP A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-11-15</maturityDt>
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        <name>ARLINGTON TX HGR EDU FIN CORP</name>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <title>Commonwealth of Puerto Rico</title>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>VanEck High Yield Muni ETF</name>
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        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <name>DEKALB CNTY GA HSG AUTH MF HSG</name>
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        <name>EP TUSCANY ZARAGOSA PFC TX</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>RIVER ISLANDS CA PUBLIC FING A</name>
        <lei>N/A</lei>
        <title>River Islands Public Financing Authority</title>
        <cusip>76827QKX0</cusip>
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          <isin value="US76827QKX06"/>
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        <balance>1650000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
        <cusip>74529JQH1</cusip>
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          <isin value="US74529JQH13"/>
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        <balance>16538000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Freddie Mac Multifamily</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Multifamily ML Certificates</title>
        <cusip>3137H9JP5</cusip>
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          <isin value="US3137H9JP59"/>
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        <balance>32667116.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1737753.42000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.96252900</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAPITAL TRUST AGY FL REVENUE</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
        <cusip>14052WBB2</cusip>
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          <isin value="US14052WBB28"/>
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        <balance>1015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1016335.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST TURNPIKE COMMISSION</name>
        <lei>N/A</lei>
        <title>Ohio Turnpike &amp; Infrastructure Commission</title>
        <cusip>67760HKB6</cusip>
        <identifiers>
          <isin value="US67760HKB68"/>
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        <balance>5135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2835134.71000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182TAW7</cusip>
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          <isin value="US09182TAW71"/>
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        <balance>3185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3186218.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY MUNI WTR FIN</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>New York City Municipal Water Finance Authority</title>
        <cusip>64972GK37</cusip>
        <identifiers>
          <isin value="US64972GK371"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5609711.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
        <cusip>64542PGD1</cusip>
        <identifiers>
          <isin value="US64542PGD15"/>
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        <balance>6485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6363527.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP R</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp/RI</title>
        <cusip>888809BE9</cusip>
        <identifiers>
          <isin value="US888809BE95"/>
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        <balance>4350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4369828.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA ST DEV FIN CORP SOL WS</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061XAG7</cusip>
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          <isin value="US34061XAG79"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1519669.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048VXH6</cusip>
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          <isin value="US13048VXH67"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1909512.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
        <cusip>795576FY8</cusip>
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          <isin value="US795576FY87"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1117817.59000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUBLIC FIN AUTH WI SPL FAC REV</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74446DAN84"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2653346.45000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-01</maturityDt>
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          <annualizedRt>9.75000000</annualizedRt>
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        <name>ARLINGTON TX HGR EDU FIN CORP</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp</title>
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          <isin value="US041806L732"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>NATIONAL FIN AUTH NH MUNI CTFS</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63607WAR5</cusip>
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          <isin value="US63607WAR51"/>
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        <balance>34749293.93640000</balance>
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          <maturityDt>2051-07-01</maturityDt>
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        <name>LEE CNTY FL INDL DEV AUTH HLTH</name>
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        <title>Lee County Industrial Development Authority/FL</title>
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          <isin value="US52349EER71"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1006432.57000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LOUISIANA ST PUBLIC FACS AUTHS</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>54640TAL3</cusip>
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          <isin value="US54640TAL35"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>1071137.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-10-01</maturityDt>
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          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>EP ESSENTIAL HOUSING WF PFC TX</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>National Finance Authority</name>
        <lei>N/A</lei>
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          <isin value="US63607WAV63"/>
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        <name>TENNERGY CORP TN GAS REVENUE</name>
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          <isin value="US880397BW31"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NEVADA DEPT OF BUSINESS &amp; INDU</name>
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          <isin value="US641455AA82"/>
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          <maturityDt>2050-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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      <invstOrSec>
        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
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          <isin value="US66585VBX29"/>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
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        <title>Golden State Tobacco Securitization Corp</title>
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          <isin value="US38122NB843"/>
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        <curCd>USD</curCd>
        <valUSD>2532797.96000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PD69</cusip>
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          <isin value="US74442PD692"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <title>City of Chicago IL Wastewater Transmission Revenue</title>
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          <isin value="US167727WV48"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEMPE AZ INDL DEV AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Tempe Industrial Development Authority</title>
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          <isin value="US87972MBU53"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
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          <isin value="US34061UGR32"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DETROIT MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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          <isin value="US2510936E56"/>
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        <valUSD>1145208.59000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>NEW JERSEY ST ECON DEV AUTH SP</name>
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        <title>New Jersey Economic Development Authority</title>
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          <maturityDt>2029-09-15</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <name>PUBLIC FIN AUTH WI SPL REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74447TAE29"/>
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          <maturityDt>2028-12-15</maturityDt>
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        <name>VENICE FL</name>
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          <maturityDt>2030-01-01</maturityDt>
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        <name>NORTHWEST TX INDEP SCH DIST</name>
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        <title>Northwest Independent School District</title>
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        <name>OHIO ST AIR QUALITY DEV AUTH E</name>
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        <title>Ohio Air Quality Development Authority</title>
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          <isin value="US67754AAE47"/>
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      <invstOrSec>
        <name>SPRINGFIELD IL ELEC REVENUE</name>
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        <title>City of Springfield IL Electric Revenue</title>
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          <isin value="US850578TU94"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2040-03-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>National Finance Authority</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
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        <name>VLG FL CDD #7 SPL ASSMNT REVEN</name>
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        <title>Village Community Development District No 7</title>
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        <name>NATIONAL FIN AUTH NH SENIOR LI</name>
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        <title>New Hampshire Business Finance Authority</title>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>RAMPART RANGE CO MET DIST #5</name>
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        <name>PUBLIC FIN AUTH WI MF AFFORDAB</name>
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        <title>Public Finance Authority</title>
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        <name>PUBLIC FIN AUTH WI SPL REVENUE</name>
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        <lei>N/A</lei>
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          <isin value="US51265KAW80"/>
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      <invstOrSec>
        <name>JEFFERSON PARISH LA ECON DEV &amp;</name>
        <lei>N/A</lei>
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          <isin value="US474548AC85"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-06-15</maturityDt>
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      <invstOrSec>
        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport</title>
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          <isin value="US167562TL19"/>
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        <curCd>USD</curCd>
        <valUSD>1598380.97000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac Multifamily</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Multifamily ML Certificates</title>
        <cusip>3137HDJL5</cusip>
        <identifiers>
          <isin value="US3137HDJL51"/>
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        <balance>2198802.76000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2315287.41000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.69999600</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OKLAHOMA ST DEV FIN AUTH HLTHS</name>
        <lei>549300PXGPHUWC32DJ91</lei>
        <title>Oklahoma Development Finance Authority</title>
        <cusip>67884XCG0</cusip>
        <identifiers>
          <isin value="US67884XCG07"/>
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        <balance>5960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6081195.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRL TX REGL MOBILITY AUTH R</name>
        <lei>N/A</lei>
        <title>Central Texas Regional Mobility Authority</title>
        <cusip>155498FP8</cusip>
        <identifiers>
          <isin value="US155498FP80"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1091283.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</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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      <invstOrSec>
        <name>WYANDOTTE CNTY/KANSAS CITY KS</name>
        <lei>N/A</lei>
        <title>Wyandotte County-Kansas City Unified Government</title>
        <cusip>982707AA9</cusip>
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          <isin value="US982707AA94"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>672250.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>PALM BEACH CNTY FL HLTH FACS A</name>
        <lei>N/A</lei>
        <title>Palm Beach County Health Facilities Authority</title>
        <cusip>69651AAN4</cusip>
        <identifiers>
          <isin value="US69651AAN46"/>
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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>2031-12-01</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>
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      <invstOrSec>
        <name>LANCASTER PA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Lancaster Industrial Development Authority</title>
        <cusip>51434NAT5</cusip>
        <identifiers>
          <isin value="US51434NAT54"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>896156.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116HX7</cusip>
        <identifiers>
          <isin value="US650116HX72"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3432387.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-31</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
        <lei>N/A</lei>
        <title>Northern Tobacco Securitization Corp</title>
        <cusip>66585VBY0</cusip>
        <identifiers>
          <isin value="US66585VBY02"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1883980.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
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        <identifiers>
          <isin value="US56681NAT46"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1006246.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-01</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>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
        <cusip>646140FX6</cusip>
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          <isin value="US646140FX64"/>
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        <balance>2250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2537776.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
        <lei>549300DYV074JUDKBQ77</lei>
        <title>Mississippi Business Finance Corp</title>
        <cusip>605279MK1</cusip>
        <identifiers>
          <isin value="US605279MK10"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1346278.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
        <cusip>939783Q74</cusip>
        <identifiers>
          <isin value="US939783Q745"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1041412.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUB FIN AUTH WI TAX INCREMENT</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74448EAA2</cusip>
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          <isin value="US74448EAA29"/>
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        <balance>1000000.00000000</balance>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
        <cusip>63608TAA8</cusip>
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          <isin value="US63608TAA88"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2000532.54000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority</title>
        <cusip>40065FEF7</cusip>
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          <isin value="US40065FEF71"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1077368.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>VLG FL CDD #13 SPL ASSMNT REVE</name>
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      <invstOrSec>
        <name>JULINGTON CREEK PLANTATION FLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-01</maturityDt>
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      <invstOrSec>
        <name>M-S-R CA ENERGY AUTH GAS REVEN</name>
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        <cusip>55374SAC4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
        <lei>N/A</lei>
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        <cusip>04052BHE7</cusip>
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          <isin value="US04052BHE74"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1516269.03000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>TOBACCO SECURITIZATION AUTH NT</name>
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          <isin value="US888794CA04"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>575645.04000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BLS15"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1549920.27000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US650116CV61"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
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        <name>CHATTANOOGA TN HLTH EDUCTNL &amp;</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-12-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NEW JERSEY ST ECON DEV AUTH EN</name>
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          <isin value="US64577QAG64"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO INDL TOURIST EDUCT</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <title>Orange County Health Facilities Authority</title>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>SOUTH CAROLINA ST PORTS AUTH P</name>
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        <title>South Carolina Ports Authority</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH LEASE REVENU</name>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <name>LEE CNTY FL ARPT REVENUE</name>
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        <name>NEW YORK ST ENVRNMNTL FACS COR</name>
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        <name>SPARKS NV TOURISM IMPT DIST #1</name>
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          <maturityDt>2028-06-15</maturityDt>
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        <name>Washington State Housing Finan</name>
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        <name>CHESTER CNTY PA INDL DEV AUTH</name>
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        <name>PGIM Core Ultra Short Bond Fund</name>
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        <name>PHOENIX AZ INDL DEV AUTH EDU R</name>
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          <isin value="US71885FDK03"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>HUGO MN CHTR SCH LEASE REVENUE</name>
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        <name>CHESTER CNTY PA INDL DEV AUTHS</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <title>Illinois Finance Authority</title>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <title>Michigan Finance Authority</title>
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        <name>POTTSBORO TX HGR EDU FIN CORP</name>
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        <name>FRANKLIN CNTY OH HOSP FACS REV</name>
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          <maturityDt>2047-05-15</maturityDt>
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          <isin value="US63608TAE01"/>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>LOUISIANA ST PUBLIC FACS AUTHS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHESAPEAKE VA TOLL ROAD REVENU</name>
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        <name>CAPITAL TRUST AUTH FL REVENUE</name>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <name>PATRIOTS ENERGY GROUP FING AGY</name>
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        <name>ASTORIA OR HOSP FACS AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-11-01</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>PHILADELPHIA PA AUTH FOR INDL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608TAC45"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
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        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>INDIANA FIN AUTH IN WSTWTR UTI</name>
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        <title>Indiana Finance Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>NATIONAL FIN AUTH NH SPL REVEN</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608TAF75"/>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <name>ALASKA ST INDL DEV &amp; EXPORT AU</name>
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        <name>MASSACHUSETTS ST BAY TRANSPRTN</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
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      <invstOrSec>
        <name>HILLSBOROUGH CNTY FL AVIATION</name>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <title>Texas Private Activity Bond Surface Transportation Corp</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-30</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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          <isin value="US45204EU559"/>
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          <maturityDt>2041-02-15</maturityDt>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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          <isin value="US93978LHF67"/>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>New York City Housing Developm</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-15</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FIN AUTH WI EDU REVENUE</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74442ECB48"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-01</maturityDt>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
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        <title>Louisiana Public Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PUBLIC FIN AUTH WI ARPT FACS R</name>
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        <name>S MIAMI FL HLTH FACS AUTH</name>
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        <title>City Of South Miami Health Facilities Authority Inc</title>
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        <name>LEES SUMMIT MO INDL DEV AUTH S</name>
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        <name>CAPITAL TRUST AGY FL REVENUE</name>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
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        <name>COOK CNTY IL CMNTY CLG DIST #5</name>
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        <title>Cook County Community College District No 508</title>
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        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>1675934E9</cusip>
        <identifiers>
          <isin value="US1675934E92"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1106508.94000000</valUSD>
        <pctVal>0.128657538280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>LOUISIANA ST PUBLIC FACS AUTHS</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>54640TAM1</cusip>
        <identifiers>
          <isin value="US54640TAM18"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1062955.63000000</valUSD>
        <pctVal>0.123593447566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>

      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-01-27</ncom:dateSigned>
      <ncom:nameOfApplicant>Prudential Investment Portfolios 4</ncom:nameOfApplicant>
      <ncom:signature>Christian J. Kelly</ncom:signature>
      <ncom:signerName>Christian J. Kelly</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
