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      <invstOrSec>
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      <invstOrSec>
        <name>DENVER CO HLTH &amp; HOSP AUTH HLT</name>
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          <isin value="US24918EEL02"/>
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        <valUSD>971420.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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          <isin value="US74526QWX68"/>
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        <curCd>USD</curCd>
        <valUSD>44625.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <isin value="US196632U355"/>
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        <curCd>USD</curCd>
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          <maturityDt>2050-11-15</maturityDt>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648A6E04"/>
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        <curCd>USD</curCd>
        <valUSD>2027900.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US24917DCR26"/>
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        <valUSD>995920.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RIVERPARK MET DIST CO LIMITED</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CO HIGH PERFORMANCE TRANSPRTN</name>
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        <name>COLORADO ST BLDG EXCELLENT SCH</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>WELD CNTY CO SCH DIST #RE001</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>DENVER CO HLTH &amp; HOSP AUTH COP</name>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
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          <isin value="US74529JPX71"/>
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        <curCd>USD</curCd>
        <valUSD>2923124.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
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          <isin value="US19648FHS65"/>
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        <curCd>USD</curCd>
        <valUSD>2212920.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ADAMS &amp; WELD CNTYS CO SCH DIST</name>
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          <isin value="US005518YT60"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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          <isin value="US74526QVX77"/>
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        <curCd>USD</curCd>
        <valUSD>966000.00000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>JEFFERSON CNTY CO SCH DIST #R-</name>
        <lei>N/A</lei>
        <title>Jefferson County School District R-1</title>
        <cusip>472736P92</cusip>
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          <isin value="US472736P920"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1250812.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QZY1</cusip>
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          <isin value="US74526QZY15"/>
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        <balance>170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUBLIC AUTH FOR COLORADO ST EN</name>
        <lei>549300C6IJKXQOMRAB11</lei>
        <title>Public Authority for Colorado Energy</title>
        <cusip>744387AD3</cusip>
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          <isin value="US744387AD35"/>
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        <balance>4250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5220020.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>
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          <isin value="US40065FEE07"/>
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        <balance>885000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>954021.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>ARAPAHOE CNTY CO WTR &amp; WSTWTR</name>
        <lei>N/A</lei>
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          <isin value="US038716GR16"/>
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        <curCd>USD</curCd>
        <valUSD>3085710.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>COLORADO ST HSG &amp; FIN AUTH SF</name>
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          <isin value="US19648GNY43"/>
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        <curCd>USD</curCd>
        <valUSD>760260.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2059-10-01</maturityDt>
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          <annualizedRt>4.70000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>COLORADO ST EDUCTNL &amp; CULTURAL</name>
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        <name>DENVER CO HLTH &amp; HOSP AUTH HLT</name>
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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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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19645UGG31"/>
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        <valUSD>449390.00000000</valUSD>
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        <lei>5493003BRB67HF8ST418</lei>
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          <isin value="US74526QUV21"/>
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        <curCd>USD</curCd>
        <valUSD>189000.00000000</valUSD>
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          <maturityDt>2019-07-01</maturityDt>
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          <isin value="US24917QBJ22"/>
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        <curCd>USD</curCd>
        <valUSD>2557850.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US15141GAQ55"/>
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        <valUSD>510770.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isin value="US19645R5Y35"/>
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        <curCd>USD</curCd>
        <valUSD>403996.00000000</valUSD>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>COLORADO ST EDUCTNL &amp; CULTURAL</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>PLAZA CO MET DIST #1 REVENUE</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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      <invstOrSec>
        <name>REGL CO TRANSPRTN DIST PRIV AC</name>
        <lei>N/A</lei>
        <title>Regional Transportation District</title>
        <cusip>759151BU6</cusip>
        <identifiers>
          <isin value="US759151BU68"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>704130.00000000</valUSD>
        <pctVal>0.293224417558</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </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>2025-01-24</ncom:dateSigned>
      <ncom:nameOfApplicant>Voyageur Mutual Funds II</ncom:nameOfApplicant>
      <ncom:signature>Dan Geatens</ncom:signature>
      <ncom:signerName>Dan Geatens</ncom:signerName>
      <ncom:title>Division Director - Head of US Fund Administration</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
