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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FINANCE AUTHORITY</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBGEN 06/56 FIXED 4.5</title>
        <cusip>74442PSG1</cusip>
        <identifiers>
          <isin value="US74442PSG18"/>
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        <balance>2500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2093046.750000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY TRANSITIONAL NYCGEN 02/40 FIXED 5</title>
        <cusip>64971XU22</cusip>
        <identifiers>
          <isin value="US64971XU229"/>
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        <balance>5000000.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO UNIFIED SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CA UNIF SCH DIST SDGEDU 07/53 FIXED OID 4</title>
        <cusip>797356JG8</cusip>
        <identifiers>
          <isin value="US797356JG87"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5026350.500000</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>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MASSACHUSETTS ST DEV FIN AGY R MASMED 03/54 FIXED OID 4</title>
        <cusip>57585BAC2</cusip>
        <identifiers>
          <isin value="US57585BAC28"/>
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        <balance>1500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1469063.700000</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>2054-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/38 FIXED 5</title>
        <cusip>64613CCT3</cusip>
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          <isin value="US64613CCT36"/>
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        <balance>5000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5661859.500000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/34 FIXED 4</title>
        <cusip>64990FYB4</cusip>
        <identifiers>
          <isin value="US64990FYB48"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1049103.100000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>KATY INDEPENDENT SCHOOL DISTRICT</name>
        <lei>254900H9QSKVP2HWVL72</lei>
        <title>KATY TX INDEP SCH DIST KATY ISD</title>
        <cusip>486063V23</cusip>
        <identifiers>
          <isin value="US486063V236"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4976860.000000</valUSD>
        <pctVal>0.156169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RIVER ISLANDS PUBLIC FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>RIVER ISLANDS CA PUBLIC FING A RVIGEN 09/47 FIXED OID 4.25</title>
        <cusip>76827QGQ0</cusip>
        <identifiers>
          <isin value="US76827QGQ01"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1019059.100000</valUSD>
        <pctVal>0.0319771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</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>WEST VIRGINIA HOSPITAL FINANCE</name>
        <lei>N/A</lei>
        <title>WEST VIRGINIA ST HOSP FIN AUTH WVSMED 09/48 FIXED 6</title>
        <cusip>956622W83</cusip>
        <identifiers>
          <isin value="US956622W832"/>
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        <balance>6300000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7260263.640000</valUSD>
        <pctVal>0.22782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</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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        <name>FARMINGTON N.M. POLLUTION CONTROL</name>
        <lei>5493000GWMTI2L4AZA61</lei>
        <title>FARMINGTON NM POLL CONTROL REV FARPOL 06/40 ADJUSTABLE VAR</title>
        <cusip>311450GF1</cusip>
        <identifiers>
          <isin value="US311450GF11"/>
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        <balance>4350000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4496456.240000</valUSD>
        <pctVal>0.141095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.875</annualizedRt>
          <isDefault>N</isDefault>
          <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>CONNECTICUT HOUSING FINANCE AUTHORITY</name>
        <lei>5493003DXX0NRJKSH186</lei>
        <title>CONNECTICUT ST HSG FIN AUTH HS CTSHSG 05/40 ADJUSTABLE VAR</title>
        <cusip>20775CWS9</cusip>
        <identifiers>
          <isin value="US20775CWS96"/>
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        <balance>13635000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13635000.000000</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>2040-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9</annualizedRt>
          <isDefault>N</isDefault>
          <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>CITY OF DETROIT</name>
        <lei>549300BQRJP7MKKHOY28</lei>
        <title>DETROIT MI DET 05/33 FIXED 5.25</title>
        <cusip>2510936B1</cusip>
        <identifiers>
          <isin value="US2510936B18"/>
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        <balance>800000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>919419.840000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <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>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA ST MUNI FIN AUTH RE CASFIN 12/43 FIXED 5</title>
        <cusip>13048VBY3</cusip>
        <identifiers>
          <isin value="US13048VBY39"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2049865.200000</valUSD>
        <pctVal>0.0643228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>RIVERSIDE UNIFIED SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>RIVERSIDE CA UNIF SCH DIST RIVSCD 09/49 FIXED 5</title>
        <cusip>769069U52</cusip>
        <identifiers>
          <isin value="US769069U522"/>
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        <balance>1050000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1104738.180000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>CENTRAL TEXAS TURNPIKE SYSTEM</name>
        <lei>N/A</lei>
        <title>TEXAS ST TRANSPRTN COMMISSION TXSTRN 08/41 FIXED 5</title>
        <cusip>88283KCG1</cusip>
        <identifiers>
          <isin value="US88283KCG13"/>
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        <balance>1500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1671828.450000</valUSD>
        <pctVal>0.0524604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HLTH   EDUCTNL FA WISMED 02/54 FIXED OID 4.5</title>
        <cusip>97712JKN2</cusip>
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          <isin value="US97712JKN27"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5009812.000000</valUSD>
        <pctVal>0.157203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COUNTY OF MIAMI-DADE FL TRANSIT SYSTEM</name>
        <lei>N/A</lei>
        <title>MIAMI DADE CNTY FL TRANSIT SAL MIATRN 07/44 FIXED 4</title>
        <cusip>59334PGP6</cusip>
        <identifiers>
          <isin value="US59334PGP62"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2008059.200000</valUSD>
        <pctVal>0.063011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>TENNERGY CORP</name>
        <lei>5493008K3JJFBSC4C235</lei>
        <title>TENNERGY CORP TN GAS REVENUE TGYPWR 02/50 ADJUSTABLE VAR</title>
        <cusip>880397BG8</cusip>
        <identifiers>
          <isin value="US880397BG80"/>
        </identifiers>
        <balance>2250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2250000.000000</valUSD>
        <pctVal>0.0706029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</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>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/28 FIXED 5</title>
        <cusip>6461366E6</cusip>
        <identifiers>
          <isin value="US6461366E65"/>
        </identifiers>
        <balance>1100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1204660.710000</valUSD>
        <pctVal>0.0378011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>CALIFORNIA ST INFRASTRUCTURE CASDEV 05/51 FIXED 4</title>
        <cusip>13034AV23</cusip>
        <identifiers>
          <isin value="US13034AV232"/>
        </identifiers>
        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4979570.000000</valUSD>
        <pctVal>0.156254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT</name>
        <lei>25490090A3RLJHITY273</lei>
        <title>SOUTHEAST ENERGY AUTH AL COMMO SEEPWR 12/51 ADJUSTABLE VAR</title>
        <cusip>84136FAV9</cusip>
        <identifiers>
          <isin value="US84136FAV94"/>
        </identifiers>
        <balance>10150000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10339788.760000</valUSD>
        <pctVal>0.324453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4</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>PUERTO RICO GOVT</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR</title>
        <cusip>74514L3T2</cusip>
        <identifiers>
          <isin value="US74514L3T29"/>
        </identifiers>
        <balance>20364425.370000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13135054.360000</valUSD>
        <pctVal>0.412166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0</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>CITY OF SALT LAKE CITY UT AIRPORT REVENUE</name>
        <lei>N/A</lei>
        <title>SALT LAKE CITY UT ARPT REVENUE SALAPT 07/43 FIXED 5.25</title>
        <cusip>795576MA2</cusip>
        <identifiers>
          <isin value="US795576MA29"/>
        </identifiers>
        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2734248.750000</valUSD>
        <pctVal>0.0857981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>TENNERGY CORP</name>
        <lei>5493008K3JJFBSC4C235</lei>
        <title>TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR</title>
        <cusip>880397CF9</cusip>
        <identifiers>
          <isin value="US880397CF98"/>
        </identifiers>
        <balance>6000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6548559.000000</valUSD>
        <pctVal>0.205487</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>5.5</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>SYRACUSE NY INDL DEV AGY CIVIC FAC REV</name>
        <lei>N/A</lei>
        <title>SYRACUSE NY INDL DEV AGY PILOT SYRDEV 01/28 FIXED 5.693</title>
        <cusip>87172NAH1</cusip>
        <identifiers>
          <isin value="US87172NAH17"/>
        </identifiers>
        <balance>3295000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3118185.030000</valUSD>
        <pctVal>0.0978457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.693</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>CITY &amp; COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>DENVER CITY   CNTY CO ARPT REV DENAPT 11/47 FIXED OID 4.125</title>
        <cusip>249182QW9</cusip>
        <identifiers>
          <isin value="US249182QW98"/>
        </identifiers>
        <balance>3600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3560434.560000</valUSD>
        <pctVal>0.111723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125</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>WISCONSIN CENTER DISTRICT</name>
        <lei>N/A</lei>
        <title>WISCONSIN CENTER DIST WI TAX R WISGEN 12/39 ZEROCPNOID 0</title>
        <cusip>976595FS2</cusip>
        <identifiers>
          <isin value="US976595FS21"/>
        </identifiers>
        <balance>3250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1762716.480000</valUSD>
        <pctVal>0.0553124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>MAIN STREET NATURAL GAS INC</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>MAIN STREET NATURAL GAS INC GA MAIUTL 12/53 ADJUSTABLE VAR</title>
        <cusip>56035DGB2</cusip>
        <identifiers>
          <isin value="US56035DGB29"/>
        </identifiers>
        <balance>11700000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12748344.570000</valUSD>
        <pctVal>0.400031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</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>ALLEGHENY COUNTY SANITARY AUTHORITY</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA SAN AUTH ALLUTL 12/55 FIXED 5</title>
        <cusip>017357R89</cusip>
        <identifiers>
          <isin value="US017357R899"/>
        </identifiers>
        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2156252.200000</valUSD>
        <pctVal>0.0676611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>ORANGE CNTY FLA HEALTH FACS AUTH FEV</name>
        <lei>N/A</lei>
        <title>ORANGE CNTY FL HLTH FACS AUTH ORAMED 10/41 FIXED 5</title>
        <cusip>68450LHJ7</cusip>
        <identifiers>
          <isin value="US68450LHJ70"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1110243.100000</valUSD>
        <pctVal>0.0348384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE5061 FR 01/39 FIXED 4</title>
        <cusip>3132YATS7</cusip>
        <identifiers>
          <isin value="US3132YATS75"/>
        </identifiers>
        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2060158.900000</valUSD>
        <pctVal>0.0646458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>FINANCE AUTHORITY OF MAINE</name>
        <lei>N/A</lei>
        <title>MAINE ST FIN AUTH LOAN REVENUE MESGEN 12/35 FIXED OID 4</title>
        <cusip>56042TDD7</cusip>
        <identifiers>
          <isin value="US56042TDD72"/>
        </identifiers>
        <balance>1395000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1375329.660000</valUSD>
        <pctVal>0.0431565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>LA VEGA INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>LA VEGA TX INDEP SCH DIST LGASCD 02/49 FIXED OID 4</title>
        <cusip>505156QY8</cusip>
        <identifiers>
          <isin value="US505156QY85"/>
        </identifiers>
        <balance>8100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8007608.970000</valUSD>
        <pctVal>0.251271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>CALIFORNIA HOUSING FINANCE AGENCY</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>CALIFORNIA HSG FIN AGY LTD OBL CASMFH 11/53 ADJUSTABLE VAR</title>
        <cusip>13034DAF1</cusip>
        <identifiers>
          <isin value="US13034DAF15"/>
        </identifiers>
        <balance>9600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9767833.920000</valUSD>
        <pctVal>0.306505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>JACKSONVILLE FLA POLLUTION CTL REV</name>
        <lei>549300XQE0JVN9WV0J40</lei>
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        <cusip>469487VB5</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>WAYNE COUNTY AIRPORT AUTHORITY</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OHIO HOUSING FINANCE AGENCY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>COUNTY OF LEE FL AIRPORT REVENUE</name>
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        <title>LEE CNTY FL ARPT REVENUE LEEAPT 10/44 FIXED 5.25</title>
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          <isin value="US523470HV73"/>
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        <balance>4500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4972414.500000</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>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH REVENUES NYSHGR 07/49 FIXED 5</title>
        <cusip>64990GJT0</cusip>
        <identifiers>
          <isin value="US64990GJT04"/>
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        <balance>2895000.000000</balance>
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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>
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          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>ENERGY SOUTHEAST A COOPERATIVE DISTRICT</name>
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        <title>ENERGY S E AL A COOPERATIVE DI ESDPWR 07/54 ADJUSTABLE VAR</title>
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        <balance>8700000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.25</annualizedRt>
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      <invstOrSec>
        <name>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE</name>
        <lei>N/A</lei>
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        <cusip>592647NG2</cusip>
        <identifiers>
          <isin value="US592647NG28"/>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2217939.800000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CITY OF MINNEAPOLIS MINNESOTA</name>
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        <title>MINNEAPOLIS MN HLTH CARE SYS R MINMED 11/48 ADJUSTABLE VAR</title>
        <cusip>60374VEG4</cusip>
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          <isin value="US60374VEG41"/>
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        <balance>20000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20000000.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST ILS 05/30 FIXED OID 5.5</title>
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        <balance>3000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3283453.500000</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>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <name>ANGELINA &amp; NECHES RIVER AUTHORITY</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.5</annualizedRt>
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        <name>WISCONSIN CENTER DISTRICT</name>
        <lei>N/A</lei>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>None</couponKind>
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        <name>ALLEGHENY COUNTY SANITARY AUTHORITY</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MASSACHUSETTS STATE</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST MAS 05/40 FIXED 4</title>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2020443.200000</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>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>HERNANDO COUNTY OF</name>
        <lei>N/A</lei>
        <title>HERNANDO CNTY FL NON AD VALORE HERGEN 06/52 FIXED 5.25</title>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2159733.600000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARICOPA COUNTY INDUSTRIAL DEV</name>
        <lei>N/A</lei>
        <title>MARICOPA CNTY AZ INDL DEV AUTH MARMED 09/42 FIXED OID 4.125</title>
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        <balance>2500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2510073.250000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GDB DEBT RECOVERY AUTHORITY OF PUERTO RICO</name>
        <lei>N/A</lei>
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          <isin value="US36829QAA31"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DISTRICT</name>
        <lei>549300I8V0Z68JQCB679</lei>
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        <cusip>09182TDB0</cusip>
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        <balance>9700000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.25</annualizedRt>
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      <invstOrSec>
        <name>FINANCE AUTHORITY OF MAINE</name>
        <lei>N/A</lei>
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          <isin value="US56042TDA34"/>
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        <balance>1670000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>METROPOLITAN GOVERNMENT NASHVILLE &amp; DAVIDSON COUNTY SPORTS AUTHORITY</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>MICHIGAN FINANCE AUTHORITY</name>
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        <title>MICHIGAN ST FIN AUTH REVENUE MISFIN 12/48 FIXED 5</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>GREENWOOD INDEPENDENT SCHOOL DISTRICT</name>
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        <balance>4600000.000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <name>ILLINOIS FINANCE AUTHORITY</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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        <balance>10000000.000000</balance>
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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>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BAY AREA TOLL AUTHORITY</name>
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        <balance>10860000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10860000.000000</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>Variable</couponKind>
          <annualizedRt>0.95</annualizedRt>
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      <invstOrSec>
        <name>SAN JACINTO COMMUNITY COLLEGE DISTRICT</name>
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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>
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          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>FORNEY INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
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        <balance>5000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5582746.500000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RAILSPLITTER TOBACCO SETTLEMENT AUTHORITY</name>
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        <name>DOUGLAS COUNTY HOUSING AUTHORITY</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>3058476.300000</valUSD>
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        <invCountry>US</invCountry>
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        <name>WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY</name>
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        <curCd>USD</curCd>
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        <name>PENNSYLVANIA HOUSING FINANCE AGENCY</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>LOUISIANA STADIUM AND EXPOSITION DISTRICT</name>
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        <title>LOUISIANA STADIUM   EXPOSITION LASFAC 07/41 FIXED 5</title>
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        <curCd>USD</curCd>
        <valUSD>1675070.850000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BENLOCH RANCH IMPROVEMENT ASSOCIATION NO 2</name>
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        <name>CHERRY HILL TOWNSHIP SCHOOL DISTRICT</name>
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        <name>ROCKPORT IND POLLUTION CTL</name>
        <lei>N/A</lei>
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        <name>ISLE WIGHT COUNTY INDUSTRIAL D</name>
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      <invstOrSec>
        <name>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>ILLINOIS ST</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>THE DEVELOPMENT AUTHORITY OF BURKE COUNTY</name>
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        <balance>7000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6986508.200000</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>Variable</couponKind>
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      <invstOrSec>
        <name>FLORIDA DEVELOPMENT FINANCE CORPORATION</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MINNESOTA HOUSING FINANCE AGENCY</name>
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        <name>AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01</name>
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        <name>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</name>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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        <name>CITY OF PHOENIX CIVIC IMPROVEMENT CORP</name>
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        <name>MINNEAPOLIS-ST PAUL METROPOLITAN AIRPORTS COMMISSION</name>
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        <name>INLIVIAN</name>
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        <name>NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP</name>
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        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>NEW YORK STATE THRUWAY AUTHORITY</name>
        <lei>N/A</lei>
        <title>NEW YORK ST THRUWAY AUTH PERSO NYSTRN 03/53 FIXED 5</title>
        <cusip>650028ZN6</cusip>
        <identifiers>
          <isin value="US650028ZN61"/>
        </identifiers>
        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5414677.000000</valUSD>
        <pctVal>0.169907</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>PUBLIC FINANCE AUTHORITY</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBGEN 01/35 FIXED 4.5</title>
        <cusip>74442PPT6</cusip>
        <identifiers>
          <isin value="US74442PPT65"/>
        </identifiers>
        <balance>2365000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2392334.910000</valUSD>
        <pctVal>0.0750692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</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>FINANCE AUTHORITY OF MAINE</name>
        <lei>N/A</lei>
        <title>MAINE ST FIN AUTH LOAN REVENUE MESGEN 12/34 FIXED 4</title>
        <cusip>56042TDC9</cusip>
        <identifiers>
          <isin value="US56042TDC99"/>
        </identifiers>
        <balance>1580000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1569148.090000</valUSD>
        <pctVal>0.0492384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>DALLAS FORT WORTH INTERNATIONAL AIRPORT</name>
        <lei>N/A</lei>
        <title>DALLAS FORT WORTH TX INTERNATI DALAPT 11/39 FIXED 5</title>
        <cusip>23503CBH9</cusip>
        <identifiers>
          <isin value="US23503CBH97"/>
        </identifiers>
        <balance>6000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6711919.800000</valUSD>
        <pctVal>0.210614</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY TRANSITIONAL NYCGEN 05/45 FIXED 4</title>
        <cusip>64971XUH9</cusip>
        <identifiers>
          <isin value="US64971XUH96"/>
        </identifiers>
        <balance>8250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8274839.930000</valUSD>
        <pctVal>0.259657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED OID 5</title>
        <cusip>74529JPX7</cusip>
        <identifiers>
          <isin value="US74529JPX71"/>
        </identifiers>
        <balance>9000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9093192.300000</valUSD>
        <pctVal>0.285336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>LOWER ALABAMA GAS DISTRICT/THE</name>
        <lei>549300YTI1NTDG2OVU42</lei>
        <title>LOWER AL GAS DIST GAS PROJ REV LWRUTL 09/46 FIXED 5</title>
        <cusip>547804AE4</cusip>
        <identifiers>
          <isin value="US547804AE44"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1141083.000000</valUSD>
        <pctVal>0.0358061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY DEDICATED REVENUE</name>
        <lei>N/A</lei>
        <title>WASHINGTON DC MET AREA TRANSIT DCTTRN 07/48 FIXED 5</title>
        <cusip>93878YDS5</cusip>
        <identifiers>
          <isin value="US93878YDS54"/>
        </identifiers>
        <balance>5025000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5505394.020000</valUSD>
        <pctVal>0.172754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/48 FIXED 4</title>
        <cusip>118217CX4</cusip>
        <identifiers>
          <isin value="US118217CX40"/>
        </identifiers>
        <balance>7570000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7078467.030000</valUSD>
        <pctVal>0.222115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN PIER &amp; EXPOSITION</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>MET PIER EXPOSITION AUTH IL MPNFAC 12/37 ZEROCPNOID 0</title>
        <cusip>592247L32</cusip>
        <identifiers>
          <isin value="US592247L328"/>
        </identifiers>
        <balance>4500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2743785.000000</valUSD>
        <pctVal>0.0860974</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>ST JOHN BAPTIST PARISH LA REV</name>
        <lei>N/A</lei>
        <title>SAINT JOHN THE BAPTIST PARISH SJBCTF 06/37 ADJUSTABLE VAR</title>
        <cusip>79020FBA3</cusip>
        <identifiers>
          <isin value="US79020FBA30"/>
        </identifiers>
        <balance>4015000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3946221.040000</valUSD>
        <pctVal>0.123829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.375</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>VIRGINIA SMALL BUSINESS FING AUTH HOSP R</name>
        <lei>N/A</lei>
        <title>VIRGINIA ST SMALL BUSINESS FIN VASMED 12/49 FIXED 4</title>
        <cusip>928105BZ7</cusip>
        <identifiers>
          <isin value="US928105BZ79"/>
        </identifiers>
        <balance>3250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3163681.630000</valUSD>
        <pctVal>0.0992733</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>CITY OF DETROIT MI SEWAGE DISPOSAL SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>DETROIT MI SWR DISP SYS REVENU DETUTL 07/32 FLOATING VAR</title>
        <cusip>251237W66</cusip>
        <identifiers>
          <isin value="US251237W666"/>
        </identifiers>
        <balance>3750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3673633.880000</valUSD>
        <pctVal>0.115275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.853</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>SOUTHEAST ALABAMA GAS SUPPLY DISTRICT/THE</name>
        <lei>549300BL04JIB2GJZ178</lei>
        <title>S E ALABAMA ST GAS SPLY DIST G SOUUTL 06/49 ADJUSTABLE VAR</title>
        <cusip>84131TBT8</cusip>
        <identifiers>
          <isin value="US84131TBT88"/>
        </identifiers>
        <balance>8200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9016510.900000</valUSD>
        <pctVal>0.28293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</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>CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>CALIFORNIA ST INFRASTRUCTURE CASDEV 01/56 FIXED 5</title>
        <cusip>13034AQ86</cusip>
        <identifiers>
          <isin value="US13034AQ869"/>
        </identifiers>
        <balance>1250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1262597.130000</valUSD>
        <pctVal>0.0396191</pctVal>
        <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>5</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>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CALIFORNIA ST POLL CONTROL FIN CASPOL 11/40 ADJUSTABLE VAR</title>
        <cusip>130536QW8</cusip>
        <identifiers>
          <isin value="US130536QW85"/>
        </identifiers>
        <balance>1400000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1396929.240000</valUSD>
        <pctVal>0.0438343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.125</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>ARLINGTON HIGHER EDUCATION FINANCE CORPORATION</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX HGR EDU FIN CORP ARLEDU 06/59 FIXED OID 4.25</title>
        <cusip>041807KZ0</cusip>
        <identifiers>
          <isin value="US041807KZ06"/>
        </identifiers>
        <balance>850000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>844834.470000</valUSD>
        <pctVal>0.0265101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>MEDFORD ORE HOSP FACS AUTH REV</name>
        <lei>N/A</lei>
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          <isin value="US584283GY54"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>OKLAHOMA DEVELOPMENT FINANCE AUTHORITY</name>
        <lei>549300PXGPHUWC32DJ91</lei>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
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          <isin value="US118217DA38"/>
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        <curCd>USD</curCd>
        <valUSD>8399952.000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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      <invstOrSec>
        <name>MEMPHIS-SHELBY COUNTY INDUSTRIAL DEVELOPMENT BOARD</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>174553.100000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>PUBLIC FINANCE AUTHORITY</name>
        <lei>5493004S6D3NA627K012</lei>
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        <cusip>74444VAV2</cusip>
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          <isin value="US74444VAV27"/>
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        <balance>1825000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1833447.200000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW HAMPSHIRE HOUSING FINANCE AUTHORITY</name>
        <lei>N/A</lei>
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          <isin value="US64469D5S65"/>
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        <balance>10000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11553732.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADVENTIST HEALTH SYSTEM OF WEST</name>
        <lei>5493008YM33UCY5QPW83</lei>
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        <identifiers>
          <isin value="US007944AG63"/>
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        <balance>5000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3767819.500000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>FARMINGTON N.M. POLLUTION CONTROL</name>
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        <balance>8000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7359211.200000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.8</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MINNESOTA HOUSING FINANCE AGENCY</name>
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        <balance>10000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11543210.000000</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>Fixed</couponKind>
          <annualizedRt>6.5</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CITY &amp; COUNTY OF DENVER CO AIRPORT SYSTEM REVENUE</name>
        <lei>N/A</lei>
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        <identifiers>
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        <balance>4905000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5188800.360000</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>2053-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>DENTON INDEPENDENT SCHOOL DISTRICT</name>
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        <curCd>USD</curCd>
        <valUSD>5485864.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>MINNEAPOLIS-ST PAUL METROPOLITAN AIRPORTS COMMISSION</name>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>FHLMC PASS THRU POOLS</name>
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        <name>MULTNOMAH COUNTY SCHOOL DISTRICT NO 40</name>
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          <couponKind>None</couponKind>
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        <name>NEW YORK CITY HOUSING DEVELOPMENT CORP</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS WATER DEVELOPMENT BOARD</name>
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        <curCd>USD</curCd>
        <valUSD>14109225.200000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY ML CERTIFICATES</name>
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      <invstOrSec>
        <name>CITY OF FORT WORTH TX WATER &amp; SEWER SYSTEM REVENUE</name>
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        <name>FHLMC PASS THRU POOLS</name>
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        <name>TEXAS WATER DEVELOPMENT BOARD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2</annualizedRt>
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      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>INDIANA FINANCE AUTHORITY</name>
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        <valUSD>2088435.780000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHATTANOOGA HEALTH EDUCATIONAL &amp; HOUSING FACILITY BOARD</name>
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        <title>CHATTANOOGA TN HLTH EDUCTNL CHAMED 12/49 FIXED 5.25</title>
        <cusip>162409AN6</cusip>
        <identifiers>
          <isin value="US162409AN65"/>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2208303.600000</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>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSON CNTY TENN</name>
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        <title>MET GOVT NASHVILLE   DAVIDSON METHSG 10/38 FIXED OID 4.875</title>
        <cusip>592113CG7</cusip>
        <identifiers>
          <isin value="US592113CG75"/>
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        <balance>6780000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7115786.960000</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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          <annualizedRt>4.875</annualizedRt>
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      <invstOrSec>
        <name>SALES TAX SECURITIZATION CORPORATION</name>
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          <isin value="US79467BBL80"/>
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        <balance>2500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2428166.250000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <name>DETROIT DOWNTOWN DEVELOPMENT AUTHORITY</name>
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        <title>DETROIT MI DOWNTOWN DEV AUTH T DETDEV 07/48 FIXED 5</title>
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        <identifiers>
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        <balance>5000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5331713.500000</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>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSON CNTY TENN</name>
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        <title>METROPOLITAN GOVERNMENT NASHVI 10/46 1</title>
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        <assetCat>DBT</assetCat>
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          <annualizedRt>3.25</annualizedRt>
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      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY M CERTIFICATES M-070</name>
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        <curCd>USD</curCd>
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        <name>VIRGINIA SMALL BUSINESS FING AUTH HOSP R</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
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          <isin value="US650116GZ30"/>
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        <balance>8550000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8936581.410000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2060-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLACKAMAS CNTY ORE HOSP FAC AUTH REV</name>
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          <isin value="US179027WR46"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
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        <cusip>452152G70</cusip>
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          <isin value="US452152G709"/>
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        <balance>3790000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3896442.910000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WASHINGTON HEALTH CARE FACILITIES AUTHORITY</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
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        <cusip>93978HVT9</cusip>
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          <isin value="US93978HVT93"/>
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        <balance>1000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>974324.400000</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>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BATTERY PARK CITY AUTHORITY</name>
        <lei>549300RF3SFDOWRHVM56</lei>
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        <cusip>07133AHW5</cusip>
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          <isin value="US07133AHW53"/>
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        <balance>3750000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4120098.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ST CLOUD MINN HEALTH CARE REV</name>
        <lei>549300IOO80ICGIWAU74</lei>
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        <cusip>78916VEU0</cusip>
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          <isin value="US78916VEU08"/>
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        <balance>2750000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2981396.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WESTMORELAND COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>WESTMORELAND CNTY PA INDL DEV WESMEC 07/30 FIXED 5</title>
        <cusip>960875AL6</cusip>
        <identifiers>
          <isin value="US960875AL69"/>
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        <balance>700000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>735548.590000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PASUTL 01/30 FIXED 4</title>
        <cusip>70870FAS5</cusip>
        <identifiers>
          <isin value="US70870FAS56"/>
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        <balance>800000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>806867.040000</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>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BUILD NYC RESOURCE CORPORATION</name>
        <lei>549300GROJFKMNLWEK84</lei>
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        <cusip>12008EPK6</cusip>
        <identifiers>
          <isin value="US12008EPK63"/>
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        <balance>3255000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3030571.010000</valUSD>
        <pctVal>0.0950964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTON CNTY KY ARPT BRD ARPT REV</name>
        <lei>N/A</lei>
        <title>KENTON CNTY KY ARPT BRD KENAPT 01/44 FIXED 5.25</title>
        <cusip>491026WH9</cusip>
        <identifiers>
          <isin value="US491026WH97"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2193915.600000</valUSD>
        <pctVal>0.068843</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>SAN ANTONIO MUNICIPAL FACILITIES CORP</name>
        <lei>N/A</lei>
        <title>SAN ANTONIO TX MUNI FACS CORP SANFAC 08/48 FIXED 4</title>
        <cusip>796312DE3</cusip>
        <identifiers>
          <isin value="US796312DE31"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4917735.500000</valUSD>
        <pctVal>0.154314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED 4.784</title>
        <cusip>74529JRL1</cusip>
        <identifiers>
          <isin value="US74529JRL16"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5013341.000000</valUSD>
        <pctVal>0.157314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.784</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK POWER AUTHORITY</name>
        <lei>I5P1GEYFGGMMDOFX2L30</lei>
        <title>NEW YORK ST PWR AUTH REVENUE NYSPWR 11/45 FIXED 4</title>
        <cusip>64989KLD6</cusip>
        <identifiers>
          <isin value="US64989KLD62"/>
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        <balance>6600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6602012.340000</valUSD>
        <pctVal>0.207165</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>MUNI ELEC AUTH OF GEORGIA MELPWR 01/46 FIXED 4</title>
        <cusip>6262077G3</cusip>
        <identifiers>
          <isin value="US6262077G32"/>
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        <balance>345000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>336063.260000</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>2046-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>VIRGINIA HOUSING DEVELOPMENT AUTHORITY</name>
        <lei>549300LW3QBOVLQBP895</lei>
        <title>VIRGINIA ST HSG DEV AUTH VASHSG 10/53 FIXED 5.15</title>
        <cusip>92812WLP7</cusip>
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          <isin value="US92812WLP76"/>
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        <balance>2345000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2475026.260000</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>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STATE OF CONNECTICUT</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST CTS 06/37 FIXED 4</title>
        <cusip>20772KCW7</cusip>
        <identifiers>
          <isin value="US20772KCW71"/>
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        <balance>1875000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1900290.560000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>TOWN OF HEMPSTEAD NY</name>
        <lei>N/A</lei>
        <title>HEMPSTEAD TOWN NY HMT 05/47 FIXED 4</title>
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        <balance>3020000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3073977.370000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DETROIT CITY SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>DETROIT MI CITY SCH DIST DETSCD 05/29 FIXED 6</title>
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        <identifiers>
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        <balance>9130000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9851816.890000</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>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING COR PRCGEN 07/34 FIXED OID 4.5</title>
        <cusip>74529JPU3</cusip>
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          <isin value="US74529JPU33"/>
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        <balance>2456000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2460847.160000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/55 FIXED 5</title>
        <cusip>118217CZ9</cusip>
        <identifiers>
          <isin value="US118217CZ97"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2356113.250000</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>2055-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <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>ALAMEDA CORRIDOR TRANSPORTATION AUTHORITY</name>
        <lei>N/A</lei>
        <title>ALAMEDA CA CORRIDOR TRANSPRTN ALATRN 10/48 INT APROID VAR</title>
        <cusip>010869JN6</cusip>
        <identifiers>
          <isin value="US010869JN60"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3002021.000000</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>2048-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MANSFIELD INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>MANSFIELD TX INDEP SCH DIST MNFSCD 02/49 FIXED OID 4</title>
        <cusip>564386UD0</cusip>
        <identifiers>
          <isin value="US564386UD00"/>
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        <balance>6000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5917188.600000</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>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CYPRESS-FAIRBANKS INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>CYPRESS FAIRBANKS TX INDEP SCH CYSSCD 02/43 FIXED 4</title>
        <cusip>232769DZ9</cusip>
        <identifiers>
          <isin value="US232769DZ97"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2515997.250000</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>2043-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE5057 FR 01/40 FIXED 3.85</title>
        <cusip>3132YATN8</cusip>
        <identifiers>
          <isin value="US3132YATN88"/>
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        <balance>7700000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7745470.120000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85</annualizedRt>
          <isDefault>N</isDefault>
          <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>PUERTO RICO ELECTRIC POWER AUTHORITY</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>PUERTO RICO ELEC PWR AUTH PWRR PRCPWR 07/29 FLOATING VAR</title>
        <cusip>74526QLY6</cusip>
        <identifiers>
          <isin value="US74526QLY60"/>
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        <balance>7985000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7691770.840000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.772</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>STATE OF ILLINOIS SALES TAX REVENUE</name>
        <lei>N/A</lei>
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        <cusip>452227KE0</cusip>
        <identifiers>
          <isin value="US452227KE02"/>
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        <balance>1000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>948016.200000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3</annualizedRt>
          <isDefault>N</isDefault>
          <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>MET GOVT NASHVILLE &amp; DAVIDSON CNTY TENN</name>
        <lei>N/A</lei>
        <title>MET GOVT NASHVILLE   DAVIDSON METHSG 10/45 ADJUSTABLE VAR</title>
        <cusip>592113CM4</cusip>
        <identifiers>
          <isin value="US592113CM44"/>
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        <balance>10200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10197940.620000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COUNTY OF MIAMI-DADE FL WATER &amp; SEWER SYSTEM REVENUE</name>
        <lei>N/A</lei>
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        <cusip>59334DNX8</cusip>
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          <isin value="US59334DNX83"/>
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        <balance>10000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11161173.000000</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>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST ILS 10/33 FIXED 5</title>
        <cusip>4521522R1</cusip>
        <identifiers>
          <isin value="US4521522R15"/>
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        <balance>1610000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1707277.490000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PASDEV 07/26 FIXED 4</title>
        <cusip>70869PNF0</cusip>
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        <balance>1500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1510528.650000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP RHODE ISLAN</name>
        <lei>N/A</lei>
        <title>TOBACCO SETTLEMENT FING CORP R TOBGEN 06/50 FIXED 5</title>
        <cusip>888809BG4</cusip>
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          <isin value="US888809BG44"/>
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        <balance>13800000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01</name>
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        <title>AFFORDABLE HSG OPPORTUNITIES T TENGEN 12/39 FIXED 7.12</title>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>PUERTO RICO GOVT</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>PUERTO RICO CMWLTH PRC 07/27 FIXED 5.625</title>
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          <isin value="US74514L3G08"/>
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        <balance>1724925.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1801638.110000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.625</annualizedRt>
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        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
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        <title>CALIFORNIA ST MUNI FIN AUTH RE CASFIN 09/50 FIXED 4</title>
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        <curCd>USD</curCd>
        <valUSD>904620.780000</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>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <title>CALIFORNIA ST HLTH FACS FING A CASMED 06/50 FIXED 4</title>
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        <curCd>USD</curCd>
        <valUSD>2400795.750000</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>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PASDEV 06/53 FIXED OID 5.25</title>
        <cusip>70868YAW9</cusip>
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        <balance>4560000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4825418.900000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA TURNPIKE COMMISSION</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
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        <cusip>709225GJ9</cusip>
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        <balance>1275000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1426755.470000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CMFA SPECIAL FINANCE AGENCY</name>
        <lei>N/A</lei>
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        <cusip>12574WAB6</cusip>
        <identifiers>
          <isin value="US12574WAB63"/>
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        <balance>2730000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2443539.740000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE5056 FR 03/41 FIXED 4.6</title>
        <cusip>3132YATM0</cusip>
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          <isin value="US3132YATM06"/>
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        <balance>4700000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5102016.470000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.6</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI WORLD CENTER COMMUNITY DEVELOPMENT DISTRICT</name>
        <lei>N/A</lei>
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        <cusip>593856AB3</cusip>
        <identifiers>
          <isin value="US593856AB30"/>
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        <balance>1645000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1678110.890000</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>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORTH CAROLINA HOUSING FINANCE AGENCY</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
        <title>NORTH CAROLINA ST HSG FIN AGY NC HSG FIN 54 A REV</title>
        <cusip>6582077Q2</cusip>
        <identifiers>
          <isin value="US6582077Q23"/>
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        <balance>3600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4107233.880000</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>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK POWER AUTHORITY</name>
        <lei>I5P1GEYFGGMMDOFX2L30</lei>
        <title>NEW YORK ST PWR AUTH GREEN TRA NYSPWR 11/48 FIXED OID 5</title>
        <cusip>65000XBT6</cusip>
        <identifiers>
          <isin value="US65000XBT63"/>
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        <balance>7500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8367880.500000</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>2048-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <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>MET GOVT NASHVILLE &amp; DAVIDSON CNTY TENN</name>
        <lei>N/A</lei>
        <title>MET GOVT NASHVILLE   DAVIDSONC METHGR 11/55 FIXED OID 4</title>
        <cusip>592041YV3</cusip>
        <identifiers>
          <isin value="US592041YV36"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>828007.600000</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>2055-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>ILLINOIS FINANCE AUTHORITY</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILSGEN 02/29 FIXED 5</title>
        <cusip>45204EEV6</cusip>
        <identifiers>
          <isin value="US45204EEV65"/>
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        <balance>4500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4750584.300000</valUSD>
        <pctVal>0.149069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <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>DALLAS AREA RAPID TRANSIT</name>
        <lei>75YWM81F2R6UQGJIEW47</lei>
        <title>DALLAS TX AREA RAPID TRANSIT S DALTRN 12/51 FIXED 4</title>
        <cusip>235241WS1</cusip>
        <identifiers>
          <isin value="US235241WS11"/>
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        <balance>3180000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3111740.030000</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>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>HIGHLANDS COUNTY HEALTH FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>HIGHLANDS CNTY FL HLTH FACS AU HIGMED 11/59 ADJUSTABLE VAR</title>
        <cusip>431022UL4</cusip>
        <identifiers>
          <isin value="US431022UL44"/>
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        <balance>7000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7899332.700000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY</name>
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        <balance>1250000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1380215.130000</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>2052-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE6100 FR 08/38 FIXED 4.25</title>
        <cusip>3132YBX50</cusip>
        <identifiers>
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        <balance>7239398.560000</balance>
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        <curCd>USD</curCd>
        <valUSD>7540861.960000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <cusip>87638THF3</cusip>
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          <isin value="US87638THF30"/>
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        <curCd>USD</curCd>
        <valUSD>11331343.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY</name>
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        <cusip>97712JKP7</cusip>
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          <isin value="US97712JKP74"/>
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        <balance>2500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2721023.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>CITY OF COLUMBIA SC WATERWORKS &amp; SEWER SYSTEM REVENUE</name>
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        <cusip>198504K43</cusip>
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          <isin value="US198504K439"/>
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        <balance>675000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>703305.050000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MONROE COUNTY INDUSTRIAL DEVELOPMENT CORP/NY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY NY INDL DEV CORP R MONDEV 07/53 FIXED 5</title>
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          <isin value="US61075TWT14"/>
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        <curCd>USD</curCd>
        <valUSD>5492493.500000</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>Fixed</couponKind>
          <annualizedRt>5</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>BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/36 FIXED 5</title>
        <cusip>118217CS5</cusip>
        <identifiers>
          <isin value="US118217CS54"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2147640.800000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/49 FIXED OID 4.5</title>
        <cusip>04052TAW5</cusip>
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          <isin value="US04052TAW53"/>
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        <balance>390000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>238758.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</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>CITY OF ATLANTIC CITY NJ</name>
        <lei>N/A</lei>
        <title>ATLANTIC CITY NJ ATC 03/37 FIXED 5</title>
        <cusip>048339VJ1</cusip>
        <identifiers>
          <isin value="US048339VJ13"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1040363.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HLTH   EDUCTNL FA WISMED 10/36 FIXED 4</title>
        <cusip>97712JBR3</cusip>
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          <isin value="US97712JBR32"/>
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        <balance>2375000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2434731.250000</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>2036-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE OF CONNECTICUT</name>
        <lei>N/A</lei>
        <title>CONNECTICUT ST CTS 04/38 FIXED 4</title>
        <cusip>20772KGG8</cusip>
        <identifiers>
          <isin value="US20772KGG85"/>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2036741.400000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRIMBLE COUNTY OF</name>
        <lei>N/A</lei>
        <title>TRIMBLE CNTY KY ENVRNMNTL FACS TRMENV 06/54 ADJUSTABLE VAR</title>
        <cusip>896221AF5</cusip>
        <identifiers>
          <isin value="US896221AF56"/>
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        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7074204.200000</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>2054-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.7</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GREAT LAKES WATER AUTHORITY WATER SUPPLY SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>GREAT LAKES MI WTR AUTH WTR SP GRTWTR 07/53 FIXED 5.25</title>
        <cusip>39081JGQ5</cusip>
        <identifiers>
          <isin value="US39081JGQ58"/>
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        <balance>3000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3343164.300000</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>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>COUNTY OF MIAMI-DADE FL WATER &amp; SEWER SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>MIAMI DADE CNTY FL WTR   SWR R MIAUTL 10/49 FIXED 4</title>
        <cusip>59334DLV4</cusip>
        <identifiers>
          <isin value="US59334DLV46"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2453541.750000</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>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY BUILDING AID REVENUE</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY TRANSITIONAL NYCFAC 07/36 FIXED 4</title>
        <cusip>64972H5W8</cusip>
        <identifiers>
          <isin value="US64972H5W89"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5251586.500000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF EDUCATION</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>CHICAGO IL BRD OF EDU CHIEDU 12/36 FIXED 4</title>
        <cusip>167505YM2</cusip>
        <identifiers>
          <isin value="US167505YM29"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1990379.000000</valUSD>
        <pctVal>0.0624562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH REVENUES NYSHGR 07/50 FIXED 5</title>
        <cusip>64990GB43</cusip>
        <identifiers>
          <isin value="US64990GB430"/>
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        <balance>3500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3743255.950000</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>2050-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>PENNSYLVANIA TURNPIKE COMMISSION</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/49 FIXED 4</title>
        <cusip>709224P60</cusip>
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          <isin value="US709224P609"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2460424.250000</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>2049-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PASDEV 06/39 FIXED 5.5</title>
        <cusip>70868YAQ2</cusip>
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          <isin value="US70868YAQ26"/>
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        <balance>5500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6156191.250000</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>2039-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITY OF SALT LAKE CITY UT AIRPORT REVENUE</name>
        <lei>N/A</lei>
        <title>SALT LAKE CITY UT ARPT REVENUE SALAPT 07/42 FIXED 5</title>
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        <balance>3000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3071976.900000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
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        <title>NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/38 FIXED 4</title>
        <cusip>6461367C9</cusip>
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        <curCd>USD</curCd>
        <valUSD>2050550.600000</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>2038-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>DOUGLAS COUNTY HOSPITAL AUTHORITY NO 2</name>
        <lei>N/A</lei>
        <title>DOUGLAS CNTY NE HOSP AUTH  2 DOUMED 11/50 FIXED 4</title>
        <cusip>259230PH7</cusip>
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        <curCd>USD</curCd>
        <valUSD>963875.700000</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>2050-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP NYTTRN 12/33 FIXED 5</title>
        <cusip>650116FH4</cusip>
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        <balance>8000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8708004.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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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        <name>FREDDIE MAC GOLD POOL</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FED HM LN PC POOL WE6072 FR 07/39 FIXED 3.85</title>
        <cusip>3132YBW93</cusip>
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          <isin value="US3132YBW930"/>
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        <balance>5429652.420000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5374740.770000</valUSD>
        <pctVal>0.168654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEVADA DEPARTMENT OF BUSINESS AND INDUSTRY</name>
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        <cusip>25459JAF8</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY DEDICATED REVENUE</name>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TURNPIKE SYSTEM REVENUE</name>
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        <cusip>343137TF2</cusip>
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          <isin value="US343137TF28"/>
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        <curCd>USD</curCd>
        <valUSD>4945445.500000</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>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
        <lei>N/A</lei>
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          <isin value="US650116GV26"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARYLAND ST HEALTH &amp; HIGHER EDL FACS AUTH REV</name>
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        <title>MARYLAND ST HLTH   HGR EDUCTNL MDSMED 07/40 FIXED 3.052</title>
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          <isin value="US57421CAV63"/>
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        <balance>4500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3561630.300000</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>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.052</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NORTH CAROLINA HOUSING FINANCE AGENCY</name>
        <lei>EC4EE0PS5OP5O69B5C39</lei>
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          <isin value="US65820BBA35"/>
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        <balance>6500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7334966.600000</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>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WASHINGTON STATE HOUSING FINANCE COMMISSION</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>WASHINGTON ST HSG FIN COMMISSI WA ST HSG FIN COMM 1</title>
        <cusip>93978UAA4</cusip>
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          <isin value="US93978UAA43"/>
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        <balance>8900000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8850718.030000</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>2040-03-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.084</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>COUNTY OF MIAMI-DADE FL AVIATION REVENUE</name>
        <lei>N/A</lei>
        <title>MIAMI DADE CNTY FL AVIATION RE MIATRN 10/34 FIXED 5</title>
        <cusip>59333P7L6</cusip>
        <identifiers>
          <isin value="US59333P7L69"/>
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        <balance>11600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12949675.080000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>LANCASTER COUNTY HOSPITAL AUTHORITY</name>
        <lei>N/A</lei>
        <title>LANCASTER CNTY PA HOSP AUTH LANMED 11/46 FIXED 5</title>
        <cusip>514045W58</cusip>
        <identifiers>
          <isin value="US514045W583"/>
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        <balance>6205000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6497264.810000</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>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>COUNTY OF HARRIS TX TOLL ROAD REVENUE</name>
        <lei>N/A</lei>
        <title>HARRIS CNTY TX TOLL ROAD REVEN HARTRN 08/41 FIXED OID 4</title>
        <cusip>41423PDU8</cusip>
        <identifiers>
          <isin value="US41423PDU84"/>
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        <balance>6735000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6850454.740000</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>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</name>
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        <balance>2500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2529522.000000</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>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RHODE ISLAND HEALTH &amp; EDL BLDG CORP</name>
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        <issuerCat>MUN</issuerCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>WAYNE COUNTY AIRPORT AUTHORITY</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
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          <couponKind>Fixed</couponKind>
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        <name>TENNERGY CORP</name>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>NEW YORK CITY OF</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <assetCat>DBT</assetCat>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>WAYNE COUNTY AIRPORT AUTHORITY</name>
        <lei>N/A</lei>
        <title>WAYNE CNTY MI ARPT AUTH REVENU WAYAPT 12/32 FIXED 5</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA ST MUNI FIN AUTH MF CASMFH 12/42 FIXED 4.45</title>
        <cusip>130483GQ7</cusip>
        <identifiers>
          <isin value="US130483GQ70"/>
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        <balance>2100000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2160728.220000</valUSD>
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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>Fixed</couponKind>
          <annualizedRt>4.45</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>NEW JERSEY ST ECON DEV AUTH EC NJSDEV 04/31 FIXED 6.5</title>
        <cusip>64577HMN8</cusip>
        <identifiers>
          <isin value="US64577HMN88"/>
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        <balance>335000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>341320.310000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>COLLIER CNTY FL INDL DEV AUTH COLDEV 10/49 FIXED 5</title>
        <cusip>194641BB1</cusip>
        <identifiers>
          <isin value="US194641BB10"/>
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        <balance>1500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1651239.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH ST PERSO NYSHGR 02/47 FIXED 4</title>
        <cusip>64990FPV0</cusip>
        <identifiers>
          <isin value="US64990FPV03"/>
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        <balance>3710000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3683794.790000</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>2047-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY ML CERTIFICATES</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FRETE 2023 ML19 TRUST FEDMFH 12/36 ADJUSTABLE VAR</title>
        <cusip>3137HB2V5</cusip>
        <identifiers>
          <isin value="US3137HB2V56"/>
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        <balance>16287461.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16746270.630000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.033</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>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE6089 FR 06/39 FIXED 5.36</title>
        <cusip>3132YBXS0</cusip>
        <identifiers>
          <isin value="US3132YBXS03"/>
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        <balance>7460015.100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8544579.320000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.36</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK STATE HOUSING FINANCE AGENCY</name>
        <lei>5493000LS7KCDB02O506</lei>
        <title>NEW YORK ST HSG FIN AGY NYSHSG 11/54 FIXED 4.2</title>
        <cusip>64987DY57</cusip>
        <identifiers>
          <isin value="US64987DY575"/>
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        <balance>2600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2529079.020000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.2</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COUNTY OF MIAMI-DADE SEAPORT DEPARTMENT</name>
        <lei>N/A</lei>
        <title>MIAMI DADE CNTY FL SEAPORT REV MDCTRN 10/52 FIXED 5.25</title>
        <cusip>59335KFB8</cusip>
        <identifiers>
          <isin value="US59335KFB89"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5363484.500000</valUSD>
        <pctVal>0.168301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OHIO AIR QUALITY DEVELOPMENT AUTHORITY</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>OHIO ST AIR QUALITY DEV AUTH E OHSDEV 07/49 FIXED 5</title>
        <cusip>67754AAF1</cusip>
        <identifiers>
          <isin value="US67754AAF12"/>
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        <balance>14275000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14285847.570000</valUSD>
        <pctVal>0.448276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY SOUTHEAST A COOPERATIVE DISTRICT</name>
        <lei>2549001SMMZ81MXBXZ89</lei>
        <title>ENERGY S E AL A COOPERATIVE DI ESDPWR 04/54 ADJUSTABLE VAR</title>
        <cusip>292723AY9</cusip>
        <identifiers>
          <isin value="US292723AY90"/>
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        <balance>3000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3410017.500000</valUSD>
        <pctVal>0.107003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.75</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>MAIN STREET NATURAL GAS INC GA MAIUTL 07/52 ADJUSTABLE VAR</title>
        <cusip>56035DDH2</cusip>
        <identifiers>
          <isin value="US56035DDH26"/>
        </identifiers>
        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7087968.300000</valUSD>
        <pctVal>0.222414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS FINANCE AUTHORITY</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/35 FIXED 5</title>
        <cusip>45204E6D5</cusip>
        <identifiers>
          <isin value="US45204E6D56"/>
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        <balance>2800000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1978593.400000</valUSD>
        <pctVal>0.0620864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC STRUCTURED PASS-THROUGH CERTIFICATES</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FREDDIE MAC STRUCTURED PASS TH FMPGEN 10/40 ADJUSTABLE VAR</title>
        <cusip>3137HCXR8</cusip>
        <identifiers>
          <isin value="US3137HCXR82"/>
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        <balance>12069081.470000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13151919.460000</valUSD>
        <pctVal>0.412695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.683</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALABAMA HOUSING FINANCE AUTHORITY</name>
        <lei>549300VFN7EHPOFS7D76</lei>
        <title>ALABAMA ST HSG FIN AUTH MF HSG AL HSG FIN AUTH A</title>
        <cusip>01030PGY6</cusip>
        <identifiers>
          <isin value="US01030PGY60"/>
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        <balance>2750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2863943.500000</valUSD>
        <pctVal>0.0898678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE</name>
        <lei>N/A</lei>
        <title>NEW YORK CITY NY TRANSITIONAL NYCGEN 11/44 ADJUSTABLE VAR</title>
        <cusip>64971XKS6</cusip>
        <identifiers>
          <isin value="US64971XKS61"/>
        </identifiers>
        <balance>20000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20000000.000000</valUSD>
        <pctVal>0.627581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.9</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE OF ILLINOIS SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>ILLINOIS ST SALES TAX REVENUE ILSGEN 06/26 FIXED 5</title>
        <cusip>452227HA2</cusip>
        <identifiers>
          <isin value="US452227HA27"/>
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        <balance>3685000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3691248.290000</valUSD>
        <pctVal>0.115828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>TEXAS TRANSPORTATION COMMISSION STATE HIGHWAY 249 SYSTEM</name>
        <lei>N/A</lei>
        <title>TEXAS ST TRANSPRTN COMMISSION TXSTRN 08/57 FIXED 5</title>
        <cusip>88283NAZ5</cusip>
        <identifiers>
          <isin value="US88283NAZ50"/>
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        <balance>4500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4615284.600000</valUSD>
        <pctVal>0.144823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>TAMPA HEALTH SYSTEMS</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALABAMA ECONOMIC SETTLEMENT AUTHORITY</name>
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        <name>LUZERNE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
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        <name>CITY OF RENO NV</name>
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        <name>NEW YORK CITY OF</name>
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        <name>COLORADO HEALTH FACILITIES AUTHORITY</name>
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        <name>ILLINOIS FINANCE AUTHORITY</name>
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        <name>COUNTY OF WASHOE NV</name>
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        <name>TEXAS WATER DEVELOPMENT BOARD</name>
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          <couponKind>Fixed</couponKind>
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        <name>STATE OF CONNECTICUT</name>
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        <name>DULUTH HOUSING &amp; REDEVELOPMENT</name>
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        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <name>ILLINOIS FINANCE AUTHORITY</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/41 FIXED 4</title>
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          <couponKind>Fixed</couponKind>
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        <name>OKLAHOMA DEVELOPMENT FINANCE AUTHORITY</name>
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        <name>CITY OF ATLANTA GA DEPARTMENT OF AVIATION</name>
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        <name>ORANGE COUNTY SCHOOL BOARD</name>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NORTH TEXAS TOLLWAY AUTHORITY</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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        <cusip>66285WS56</cusip>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROOKHAVEN DEVELOPMENT AUTHORITY</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHICAGO OHARE INTERNATIONAL AIRPORT</name>
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        <curCd>USD</curCd>
        <valUSD>5290488.500000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <name>HARRIS CNTY TEX CULTURAL ED</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>MIDLAND COUNTY HOSPITAL DISTRICT</name>
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        <name>EMPIRE STATE DEVELOPMENT CORPORATION</name>
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        <name>THE DEVELOPMENT AUTHORITY OF BURKE COUNTY</name>
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        <name>WASHINGTON &amp; MULTNOMAH COUNTIES SCHOOL DISTRICT NO 48J BEAVERTON</name>
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        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
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        <name>NEW YORK CITY OF</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <name>VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 13</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>NORTH CAROLINA MEDICAL CARE COMMISSION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTH JERSEY TRANSPORTATION AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>SAN DIEGO UNIFIED SCHOOL DISTRICT</name>
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          <isin value="US797356MV18"/>
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        <balance>3565000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3573864.730000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN FINANCE AUTHORITY</name>
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        <cusip>59447TM26</cusip>
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          <isin value="US59447TM263"/>
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        <balance>26500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3120491.600000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2065-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
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        <title>NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/32 ZEROCPNOID 0</title>
        <cusip>646136XK2</cusip>
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        <balance>4550000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>PUBLIC FINANCE AUTHORITY</name>
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        <cusip>74445MAA7</cusip>
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        <balance>1500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1479253.200000</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>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.625</annualizedRt>
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      <invstOrSec>
        <name>WASHINGTON STATE HOUSING FINANCE COMMISSION</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>WASHINGTON ST HSG FIN COMMISSI WASHSG 04/37 FIXED 3.375</title>
        <cusip>93978T4M8</cusip>
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          <isin value="US93978T4M89"/>
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        <balance>9928874.700000</balance>
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        <curCd>USD</curCd>
        <valUSD>9199145.100000</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>2037-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CENTRAL TEXAS TURNPIKE SYSTEM</name>
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        <cusip>88283KCF3</cusip>
        <identifiers>
          <isin value="US88283KCF30"/>
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        <balance>1500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1680791.250000</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>2040-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO MIDWAY INTERNATIONAL AIRPORT</name>
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        <balance>3500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3828137.950000</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>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY</name>
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        <title>NEW YORK CITY NY INDL DEV AGY NYCDEV 03/26 CPI LINKED VAR</title>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2006188.200000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>PORT OF PORTLAND OR AIRPORT REVENUE</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <name>EMPIRE STATE DEVELOPMENT CORPORATION</name>
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        <title>NEW YORK ST URBAN DEV CORP REV NYSDEV 03/39 FIXED 5</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>EMPIRE STATE DEVELOPMENT CORPORATION</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NEW YORK ST URBAN DEV CORP REV NYSDEV 03/44 FIXED 5</title>
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        <curCd>USD</curCd>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
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          <couponKind>Fixed</couponKind>
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        <name>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>E-470 PUBLIC HIGHWAY AUTHORITY</name>
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        <balance>1250000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1388008.380000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>ARKANSAS DEVELOPMENT FINANCE AUTHORITY</name>
        <lei>N/A</lei>
        <title>ARKANSAS ST DEV FIN AUTH INDL ARSDEV 07/48 ADJ CNVFIX 7.375</title>
        <cusip>04108WCF7</cusip>
        <identifiers>
          <isin value="US04108WCF77"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5571851.000000</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>2048-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.375</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>COMMONWEALTH FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>CMWLTH FING AUTH PA TOBACCO MA CMNGEN 06/39 FIXED OID 4</title>
        <cusip>20282EAS5</cusip>
        <identifiers>
          <isin value="US20282EAS54"/>
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        <balance>7500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7557156.750000</valUSD>
        <pctVal>0.237136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>NEW YORK CITY OF</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK NY NYC 04/54 FIXED 5.25</title>
        <cusip>64966SCS3</cusip>
        <identifiers>
          <isin value="US64966SCS32"/>
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        <balance>5750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6407959.280000</valUSD>
        <pctVal>0.201076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PASDEV 06/61 FIXED 6</title>
        <cusip>70868YAY5</cusip>
        <identifiers>
          <isin value="US70868YAY59"/>
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        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7916731.900000</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>2061-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS STATE</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST MAS 10/52 FIXED 5</title>
        <cusip>57582RY59</cusip>
        <identifiers>
          <isin value="US57582RY599"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5427883.500000</valUSD>
        <pctVal>0.170322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL TEXAS TURNPIKE SYSTEM</name>
        <lei>N/A</lei>
        <title>TEXAS ST TRANSPRTN COMMISSION TXSTRN 08/42 FIXED 5</title>
        <cusip>88283KAZ1</cusip>
        <identifiers>
          <isin value="US88283KAZ12"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001429.400000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OHIO AIR QUALITY DEVELOPMENT AUTHORITY</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>OHIO ST AIR QUALITY DEV AUTH OHSDEV 04/28 ADJUSTABLE VAR</title>
        <cusip>677525WL7</cusip>
        <identifiers>
          <isin value="US677525WL75"/>
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        <balance>4085000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4085000.000000</valUSD>
        <pctVal>0.128183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.1</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY OF ROWLETT</name>
        <lei>549300XN25SMDVQJM820</lei>
        <title>ROWLETT TX SPL ASSMNT REVENUE ROWGEN 09/36 FIXED 5.75</title>
        <cusip>779719AA1</cusip>
        <identifiers>
          <isin value="US779719AA17"/>
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        <balance>100000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100528.260000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TAMPA HEALTH SYSTEMS</name>
        <lei>N/A</lei>
        <title>TAMPA FL CAPITAL IMPT CIGARETT TAMGEN 09/37 ZEROCPNOID 0</title>
        <cusip>875146AV4</cusip>
        <identifiers>
          <isin value="US875146AV45"/>
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        <balance>800000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>475231.360000</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>2037-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEBRASKA INVESTMENT FINANCE AUTHORITY</name>
        <lei>549300OIIXIM3SRZWK33</lei>
        <title>NEBRASKA ST INVESTMENT FIN AUT NESSFH 03/49 FIXED 5</title>
        <cusip>63968M7F0</cusip>
        <identifiers>
          <isin value="US63968M7F04"/>
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        <balance>2250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2398201.430000</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>2049-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <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>GREATER ORLANDO AVIATION AUTHORITY</name>
        <lei>549300CP6PUG5S184F61</lei>
        <title>GTR ORLANDO FL AVIATION AUTH A GREAPT 10/33 FIXED 5</title>
        <cusip>392275AZ6</cusip>
        <identifiers>
          <isin value="US392275AZ65"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2195803.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRAL TEXAS REGIONAL MOBILITY AUTHORITY</name>
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        <cusip>155498LU0</cusip>
        <identifiers>
          <isin value="US155498LU02"/>
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        <balance>800000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>811813.680000</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>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>GRAND PARKWAY TRANSPORTATION CORPORATION</name>
        <lei>N/A</lei>
        <title>GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/49 FIXED 4</title>
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          <isin value="US38611TCC99"/>
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        <balance>2580000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2496811.250000</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>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>MUNI ELEC AUTH OF GA MELPWR 01/43 FIXED 5</title>
        <cusip>62620HJW3</cusip>
        <identifiers>
          <isin value="US62620HJW34"/>
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        <balance>1050000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1158471.720000</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>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE6111 FR 01/40 FIXED 3.8</title>
        <cusip>3132YBYG5</cusip>
        <identifiers>
          <isin value="US3132YBYG55"/>
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        <balance>9951797.700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9996866.800000</valUSD>
        <pctVal>0.313692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.8</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IOWA FINANCE AUTHORITY</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 ADJUSTABLE VAR</title>
        <cusip>46246SAV7</cusip>
        <identifiers>
          <isin value="US46246SAV79"/>
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        <balance>1700000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1992836.220000</valUSD>
        <pctVal>0.0625333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA TURNPIKE COMMISSION OIL FRANCHISE TAX REVENUE</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/51 FIXED 4</title>
        <cusip>709221VZ5</cusip>
        <identifiers>
          <isin value="US709221VZ52"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2462405.000000</valUSD>
        <pctVal>0.0772679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JEA ELECTRIC SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>JEA FL ELEC SYS REVENUE JACPWR 10/36 FIXED 5</title>
        <cusip>46613SSN1</cusip>
        <identifiers>
          <isin value="US46613SSN17"/>
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        <balance>10000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11663468.000000</valUSD>
        <pctVal>0.365988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE6090 FR 08/40 FIXED 5.21</title>
        <cusip>3132YBXT8</cusip>
        <identifiers>
          <isin value="US3132YBXT85"/>
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        <balance>12028441.570000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13683800.990000</valUSD>
        <pctVal>0.429385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.21</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITY OF PHILADELPHIA PA WATER &amp; WASTEWATER REVENUE</name>
        <lei>N/A</lei>
        <title>PHILADELPHIA PA WTR   WSTWTR R PHIUTL 09/42 FIXED 5</title>
        <cusip>7178932V2</cusip>
        <identifiers>
          <isin value="US7178932V27"/>
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        <balance>3000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3373335.900000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANA FINANCE AUTHORITY</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 3</title>
        <cusip>45470CAE9</cusip>
        <identifiers>
          <isin value="US45470CAE93"/>
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        <balance>4385000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4267089.980000</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>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE</name>
        <lei>N/A</lei>
        <title>MET WASHINGTON DC ARPTS AUTH A METAPT 10/45 FIXED 5.25</title>
        <cusip>592647ND9</cusip>
        <identifiers>
          <isin value="US592647ND96"/>
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        <balance>4375000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4817226.310000</valUSD>
        <pctVal>0.15116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LITTLE ELM INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>LITTLE ELM TX INDEP SCH DIST LTESCD 08/53 FIXED OID 4.25</title>
        <cusip>5370966V6</cusip>
        <identifiers>
          <isin value="US5370966V62"/>
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        <balance>1250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1250761.750000</valUSD>
        <pctVal>0.0392477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WISCONSIN CENTER DISTRICT</name>
        <lei>N/A</lei>
        <title>WISCONSIN CENTER DIST WI TAX R WISGEN 12/37 ZEROCPNOID 0</title>
        <cusip>976595FQ6</cusip>
        <identifiers>
          <isin value="US976595FQ64"/>
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        <balance>3200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1913584.320000</valUSD>
        <pctVal>0.0600464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COUNTY OF WARRICK IN</name>
        <lei>N/A</lei>
        <title>WARRICK CNTY IN ENVRNMNTL IMPT WARFAC 09/55 ADJUSTABLE VAR</title>
        <cusip>936195AJ5</cusip>
        <identifiers>
          <isin value="US936195AJ58"/>
        </identifiers>
        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2044713.800000</valUSD>
        <pctVal>0.0641612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHANDLER INDUSTRIAL DEVELOPMEN</name>
        <lei>N/A</lei>
        <title>CHANDLER AZ INDL DEV AUTH INDL CHADEV 06/49 ADJUSTABLE VAR</title>
        <cusip>158862CE0</cusip>
        <identifiers>
          <isin value="US158862CE05"/>
        </identifiers>
        <balance>14200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14390657.720000</valUSD>
        <pctVal>0.451565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANNA INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>ANNA TX INDEP SCH DIST ANNSCD 02/53 FIXED OID 4.125</title>
        <cusip>035707H84</cusip>
        <identifiers>
          <isin value="US035707H845"/>
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        <balance>1750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1749644.230000</valUSD>
        <pctVal>0.0549022</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORPORATION I</name>
        <lei>6AZ7FRSNC3ZFPM0Z8L86</lei>
        <title>TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FLOATING VAR</title>
        <cusip>88256CAX7</cusip>
        <identifiers>
          <isin value="US88256CAX74"/>
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        <balance>4000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3999941.200000</valUSD>
        <pctVal>0.125514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.94</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MELISSA INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>MELISSA TX INDEP SCH DIST MELISSA ISD</title>
        <cusip>585488ZP7</cusip>
        <identifiers>
          <isin value="US585488ZP78"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4943854.000000</valUSD>
        <pctVal>0.155133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SALES TAX SECURITIZATION CORPORATION</name>
        <lei>N/A</lei>
        <title>SALES TAX SECURITIZATION CORP STSGEN 01/30 FIXED 5</title>
        <cusip>79467BCV5</cusip>
        <identifiers>
          <isin value="US79467BCV53"/>
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        <balance>2250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2491526.700000</valUSD>
        <pctVal>0.0781817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MONROE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>MONROE CNTY NY INDL DEV AGY MF MONMFH 01/44 FIXED 4.72</title>
        <cusip>610758AB0</cusip>
        <identifiers>
          <isin value="US610758AB07"/>
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        <balance>3600000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3784361.040000</valUSD>
        <pctVal>0.11875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.72</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REGIONAL TRANSPORTATION DISTRICT</name>
        <lei>N/A</lei>
        <title>REGL CO TRANSPRTN DIST PRIV AC REGTRN 07/40 FIXED 4</title>
        <cusip>759151BW2</cusip>
        <identifiers>
          <isin value="US759151BW25"/>
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        <balance>1300000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1313307.840000</valUSD>
        <pctVal>0.0412103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BURBANK-GLENDALE-PASADENA AIRPORT AUTHORITY BRICK CAMPAIGN</name>
        <lei>N/A</lei>
        <title>BURBANK GLENDALE PASADENA CA A BURAPT 07/49 FIXED OID 4.375</title>
        <cusip>120827EE6</cusip>
        <identifiers>
          <isin value="US120827EE64"/>
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        <balance>5250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5318496.750000</valUSD>
        <pctVal>0.166889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROANOKE VA INDL DEV AUTH HOSP REV</name>
        <lei>549300P5QQORJY0U4T83</lei>
        <title>ROANOKE VA ECON DEV AUTH HOSPR ROADEV 07/51 FIXED 4</title>
        <cusip>770082CA1</cusip>
        <identifiers>
          <isin value="US770082CA13"/>
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        <balance>10725000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10509311.670000</valUSD>
        <pctVal>0.329772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DISTRICT</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 02/53 ADJUSTABLE VAR</title>
        <cusip>09182TCG0</cusip>
        <identifiers>
          <isin value="US09182TCG04"/>
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        <balance>2750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2950774.480000</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>2053-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.25</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>COLUMBIA COUNTY HOSPITAL AUTHORITY/GA</name>
        <lei>N/A</lei>
        <title>COLUMBIA CNTY GA HOSP AUTH CLHMED 04/48 FIXED OID 5.125</title>
        <cusip>197479AA6</cusip>
        <identifiers>
          <isin value="US197479AA61"/>
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        <balance>10000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10930511.000000</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>2048-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/54 FIXED 5</title>
        <cusip>04052TAX3</cusip>
        <identifiers>
          <isin value="US04052TAX37"/>
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        <balance>8000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5004080.000000</valUSD>
        <pctVal>0.157023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WAXAHACHIE INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>WAXAHACHIE TX INDEP SCH DIST WAXSCD 02/53 FIXED OID 4</title>
        <cusip>944097A79</cusip>
        <identifiers>
          <isin value="US944097A796"/>
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        <balance>5535000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5355842.010000</valUSD>
        <pctVal>0.168061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>CALIFORNIA ST STWD CMNTYS DEV 11/59 1</title>
        <cusip>13079PXY4</cusip>
        <identifiers>
          <isin value="US13079PXY41"/>
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        <balance>5460000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4916292.110000</valUSD>
        <pctVal>0.154269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25</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>OKLAHOMA TURNPIKE AUTHORITY</name>
        <lei>549300J83EP2PBDYH615</lei>
        <title>OKLAHOMA ST TURNPIKE AUTH OKSTRN 01/53 FIXED 5.5</title>
        <cusip>679111D27</cusip>
        <identifiers>
          <isin value="US679111D279"/>
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        <balance>6300000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7011952.920000</valUSD>
        <pctVal>0.220028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT AUTH OF NEW YORK   NEW JE PORTRN 07/37 FIXED 5</title>
        <cusip>73358XHX3</cusip>
        <identifiers>
          <isin value="US73358XHX30"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5535716.500000</valUSD>
        <pctVal>0.173706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY</name>
        <lei>N/A</lei>
        <title>SAN DIEGO CNTY CA REGL ARPT AU SDGAPT 07/34 FIXED 5</title>
        <cusip>79739GNL6</cusip>
        <identifiers>
          <isin value="US79739GNL67"/>
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        <balance>6385000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7038997.670000</valUSD>
        <pctVal>0.220877</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CITY HOUSING DEVELOPMENT CORP</name>
        <lei>549300SQWVHKBRF8D702</lei>
        <title>NEW YORK CITY NY HSG DEV CORP NYCMFH 04/35 ADJUSTABLE VAR</title>
        <cusip>64970HDM3</cusip>
        <identifiers>
          <isin value="US64970HDM34"/>
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        <balance>15500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15500000.000000</valUSD>
        <pctVal>0.486375</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.87</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>N/A</lei>
        <title>MARYLAND ST MDS 06/35 FIXED 5</title>
        <cusip>574193VM7</cusip>
        <identifiers>
          <isin value="US574193VM75"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5788055.500000</valUSD>
        <pctVal>0.181624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST ILS 05/39 FIXED 5</title>
        <cusip>452153JW0</cusip>
        <identifiers>
          <isin value="US452153JW01"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5582347.000000</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>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE</name>
        <lei>N/A</lei>
        <title>MET WASHINGTON DC ARPTS AUTH A METAPT 10/39 FIXED 5</title>
        <cusip>592647MX6</cusip>
        <identifiers>
          <isin value="US592647MX69"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2733994.750000</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>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OHIO AIR QUALITY DEVELOPMENT AUTHORITY</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>OHIO ST AIR QUALITY DEV AUTH OHSDEV 12/38 ADJUSTABLE VAR</title>
        <cusip>677525WG8</cusip>
        <identifiers>
          <isin value="US677525WG80"/>
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        <balance>4715000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4460304.660000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</name>
        <lei>N/A</lei>
        <title>NATIONAL FINANCE AUTHORITY NFA 2023 2 A</title>
        <cusip>63607WAN4</cusip>
        <identifiers>
          <isin value="US63607WAN48"/>
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        <balance>9870288.430000</balance>
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        <curCd>USD</curCd>
        <valUSD>9734773.320000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.875</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>CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY</name>
        <lei>N/A</lei>
        <title>CHESTER CNTY PA HLTH   EDU FAC CHEMED 10/52 FIXED 5</title>
        <cusip>16557HEC5</cusip>
        <identifiers>
          <isin value="US16557HEC51"/>
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        <balance>2500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2563487.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COUNTY OF MIAMI-DADE FL WATER &amp; SEWER SYSTEM REVENUE</name>
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        <cusip>59334DNW0</cusip>
        <identifiers>
          <isin value="US59334DNW01"/>
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        <balance>1300000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1297311.990000</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>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125</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>KENTUCKY ST PPTY &amp; BLDGS COMMN REVS</name>
        <lei>N/A</lei>
        <title>KENTUCKY ST PROPERTY   BLDGS C KYSFAC 11/35 FIXED 4</title>
        <cusip>49151FD23</cusip>
        <identifiers>
          <isin value="US49151FD239"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1016331.500000</valUSD>
        <pctVal>0.0318915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>
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        <lei>N/A</lei>
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          <isin value="US067167D941"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INDIANA FINANCE AUTHORITY</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MARTIN COUNTY HEALTH FACILITIES AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITY OF WHITING INDIANA</name>
        <lei>N/A</lei>
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          <isin value="US96634RAX08"/>
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        <balance>10500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10777061.400000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
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          <isin value="US74529JQG30"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
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        <name>ILLINOIS FINANCE AUTHORITY</name>
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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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          <annualizedRt>5</annualizedRt>
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        <name>PUERTO RICO GOVT</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
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        <name>CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY</name>
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        <name>FHLMC PASS THRU POOLS</name>
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        <name>COUNTY OF LEE FL AIRPORT REVENUE</name>
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        <name>OMAHA PUBLIC POWER DISTRICT</name>
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        <name>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
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        <debtSec>
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        <name>FREDDIE MAC STRUCTURED PASS-THROUGH CERTIFICATES</name>
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        <title>FREDDIE MAC MULTIFAMILY FRETE 2024 ML21 AUS</title>
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        <valUSD>13552828.600000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS STATE UNIVERSITY SYSTEM</name>
        <lei>N/A</lei>
        <title>TEXAS ST UNIV SYS FING REVENUE TXSHGR 03/43 FIXED 5</title>
        <cusip>88278PJ62</cusip>
        <identifiers>
          <isin value="US88278PJ626"/>
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        <balance>3750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4170400.880000</valUSD>
        <pctVal>0.130863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSITY OF CONNECTICUT</name>
        <lei>N/A</lei>
        <title>UNIV OF CONNECTICUT CT REVENUE UNVHGR 11/48 FIXED 5.25</title>
        <cusip>914225JQ1</cusip>
        <identifiers>
          <isin value="US914225JQ10"/>
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        <balance>1710000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1939856.150000</valUSD>
        <pctVal>0.0608708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOVE FIELD AIRPORT MODERNIZATION CORPORATION</name>
        <lei>N/A</lei>
        <title>LOVE FIELD TX ARPT MODERNIZATI LFLTRN 11/29 FIXED 5</title>
        <cusip>54714CBE6</cusip>
        <identifiers>
          <isin value="US54714CBE66"/>
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        <balance>1250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1291928.000000</valUSD>
        <pctVal>0.0405395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS</name>
        <lei>549300J3RRLLZZN4WP77</lei>
        <title>TEXAS ST DEPT OF HSG   CMNTY A TXSSFH 07/53 FIXED 5.5</title>
        <cusip>882750UA8</cusip>
        <identifiers>
          <isin value="US882750UA80"/>
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        <balance>2935000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3195463.640000</valUSD>
        <pctVal>0.100271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EMPIRE STATE DEVELOPMENT CORPORATION</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/43 FIXED 5</title>
        <cusip>64985TEK3</cusip>
        <identifiers>
          <isin value="US64985TEK34"/>
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        <balance>10000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11225420.000000</valUSD>
        <pctVal>0.352243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>CITY OF CORPUS CHRISTI TX UTILITY SYSTEM REVENUE</name>
        <lei>N/A</lei>
        <title>CORPUS CHRISTI TX UTILITY SYSR CRIUTL 07/52 FIXED 5</title>
        <cusip>220245V92</cusip>
        <identifiers>
          <isin value="US220245V925"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5383725.500000</valUSD>
        <pctVal>0.168936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0</title>
        <cusip>74529JQH1</cusip>
        <identifiers>
          <isin value="US74529JQH13"/>
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        <balance>71212000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17563421.470000</valUSD>
        <pctVal>0.551123</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>CITY OF MOUNT VERNON IN</name>
        <lei>N/A</lei>
        <title>MOUNT VERNON IN ENVRNMNTL IMPT MOUPOL 09/55 ADJUSTABLE VAR</title>
        <cusip>623455AC6</cusip>
        <identifiers>
          <isin value="US623455AC62"/>
        </identifiers>
        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2044713.800000</valUSD>
        <pctVal>0.0641612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25</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>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>TARRANT CNTY TX CULTURAL EDU F TAREDU 11/51 FIXED OID 5</title>
        <cusip>87638QSE0</cusip>
        <identifiers>
          <isin value="US87638QSE07"/>
        </identifiers>
        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5350252.500000</valUSD>
        <pctVal>0.167886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>KANSAS CITY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
        <lei>549300QWDXL46XQC8110</lei>
        <title>KANSAS CITY MO INDL DEV AUTH A KANDEV 03/32 FIXED 5</title>
        <cusip>48504NAE9</cusip>
        <identifiers>
          <isin value="US48504NAE94"/>
        </identifiers>
        <balance>4630000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4906385.540000</valUSD>
        <pctVal>0.153958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>FINANCE AUTHORITY OF MAINE</name>
        <lei>N/A</lei>
        <title>MAINE ST FIN AUTH LOAN REVENUE MESGEN 12/37 FIXED OID 4.25</title>
        <cusip>56042TDF2</cusip>
        <identifiers>
          <isin value="US56042TDF21"/>
        </identifiers>
        <balance>1440000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1430067.890000</valUSD>
        <pctVal>0.0448742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</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>MASSACHUSETTS DEVELOPMENT FINANCE AGENCY</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/49 FLOATING VAR</title>
        <cusip>57584YPF0</cusip>
        <identifiers>
          <isin value="US57584YPF06"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>999962.000000</valUSD>
        <pctVal>0.0313779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.6</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>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>CALIFORNIA ST MUNI FIN AUTH MF CASMFH 11/36 FIXED 4</title>
        <cusip>130483ES5</cusip>
        <identifiers>
          <isin value="US130483ES54"/>
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        <balance>2125000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2059497.510000</valUSD>
        <pctVal>0.0646251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE OF TEXAS</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>TEXAS ST TXS 12/50 ADJUSTABLE VAR</title>
        <cusip>882724QQ3</cusip>
        <identifiers>
          <isin value="US882724QQ32"/>
        </identifiers>
        <balance>33310000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33310000.000000</valUSD>
        <pctVal>1.04524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.9</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>MASSACHUSETTS STATE</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST MAS 10/51 FIXED 5</title>
        <cusip>57582R4D5</cusip>
        <identifiers>
          <isin value="US57582R4D54"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5489743.000000</valUSD>
        <pctVal>0.172263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>CENTRAL TEXAS TURNPIKE SYSTEM</name>
        <lei>N/A</lei>
        <title>TEXAS ST TRANSPRTN COMMISSION TXSTRN 08/37 ZEROCPNOID 0</title>
        <cusip>88283KAK4</cusip>
        <identifiers>
          <isin value="US88283KAK43"/>
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        <balance>10000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5729712.000000</valUSD>
        <pctVal>0.179793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>NEW YORK CITY OF</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>NEW YORK NY NYC 06/44 ADJUSTABLE VAR</title>
        <cusip>64966LU41</cusip>
        <identifiers>
          <isin value="US64966LU414"/>
        </identifiers>
        <balance>24155000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24155000.000000</valUSD>
        <pctVal>0.757961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.9</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>UTAH TRAN AUTH SALES TAX REV</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
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      <invstOrSec>
        <name>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK</name>
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        <name>CHICAGO OHARE INTERNATIONAL AIRPORT</name>
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          <annualizedRt>5</annualizedRt>
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        <securityLending>
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        <name>STATE OF CONNECTICUT SPECIAL TAX REVENUE</name>
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        <cusip>207758ZT3</cusip>
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        <balance>3500000.000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>FREDDIE MAC MULTIFAMILY VARIABLE RATE CERTIFICATE</name>
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        <title>FREDDIE MAC MULTIFAMILY FRETE 2022 ML13 ACA</title>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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          <maturityDt>2036-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.875</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CITY OF DETROIT</name>
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        <title>DETROIT MI DET 04/44 ADJUSTABLE VAR</title>
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        <identifiers>
          <isin value="US251093S844"/>
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        <balance>12700000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10140983.020000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FINANCING CORPORATION</name>
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        <cusip>888808HG0</cusip>
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        <balance>4260000.000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>WASHINGTON STATE</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <name>SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <name>ILLINOIS ST</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY</name>
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        <name>ALLEGHENY COUNTY SANITARY AUTHORITY</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>SALES TAX SECURITIZATION CORPORATION</name>
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        <balance>1150000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN STATE BUILDING AUTHORITY</name>
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        <title>MICHIGAN ST BLDG AUTH REVENUE MISFAC 10/47 FIXED OID 4</title>
        <cusip>594615LR5</cusip>
        <identifiers>
          <isin value="US594615LR54"/>
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        <balance>2185000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2168386.130000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANGELINA &amp; NECHES RIVER AUTHORITY</name>
        <lei>N/A</lei>
        <title>ANGELINA NECHES RIVER AUTH I ANGDEV 12/45 ADJUSTABLE VAR</title>
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          <isin value="US03469KAJ25"/>
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        <balance>6000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5996040.600000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>STATE OF ILLINOIS 02/36 5</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH STEWARDSHIP DISTRICT</name>
        <lei>N/A</lei>
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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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      <invstOrSec>
        <name>SOUTHWEST INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>9791004.000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4</annualizedRt>
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        <name>OKLAHOMA DEVELOPMENT FINANCE AUTHORITY</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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        <name>CALIFORNIA HOUSING FINANCE AGENCY</name>
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        <balance>15000000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALHOUN COUNTY NAVIGATION INDUSTRIAL DEVELOPMENT AUTHORITY</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <name>PATRIOTS ENERGY GROUP FINANCING AGENCY</name>
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        <balance>5500000.000000</balance>
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        <assetCat>DBT</assetCat>
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          <annualizedRt>5.25</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA STATE</name>
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        <curCd>USD</curCd>
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        <name>KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY</name>
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        <name>MISSOURI STATE HEALTH AND EDUCATION</name>
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        <name>GEISINGER AUTH PA HEALTH SYSTEM</name>
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        <name>FLORIDA DEVELOPMENT FINANCE CORPORATION</name>
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        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <name>MUNICIPALITY OF ANCHORAGE AK SOLID WASTE SERVICES REVENUE</name>
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        <name>INDIANA FINANCE AUTHORITY</name>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COUNTY OF CUYAHOGA OH</name>
        <lei>549300GHDK9DGLUNJU89</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>COLORADO SCH MINES AUX FACS REV</name>
        <lei>549300TQMFMDZTM5HY46</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452153KU26"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRAVIS COUNTY HOUSING FINANCE</name>
        <lei>N/A</lei>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-01</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>COUNTY OF MIAMI-DADE FL AVIATION REVENUE</name>
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        <cusip>59333P4D7</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>BOARD OF GOVERNORS OF COLORADO STATE UNIVERSITY SYSTEM</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MISSION ECONOMIC DEVELOPMENT CORPORATION</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE</name>
        <lei>N/A</lei>
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        <balance>8000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8183275.200000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEW YORK CITY OF</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <cusip>64966HXT2</cusip>
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        <balance>11150000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11150000.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>COLORADO HEALTH FACILITIES AUTHORITY</name>
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        <title>COLORADO ST HLTH FACS AUTH REV COSMED 05/61 FLOATING VAR</title>
        <cusip>19648FVM3</cusip>
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          <isin value="US19648FVM30"/>
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        <balance>7250000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7219253.480000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)</name>
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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>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FREDDIE MAC STRUCTURED PASS-THROUGH CERTIFICATES</name>
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        <balance>6298004.350000</balance>
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        <curCd>USD</curCd>
        <valUSD>6903104.010000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP RHODE ISLAN</name>
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        <cusip>888809BE9</cusip>
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        <curCd>USD</curCd>
        <valUSD>6815321.770000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>MISSOURI DEVELOPMENT FINANCE BOARD</name>
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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>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITY OF HOUSTON TX COMBINED UTILITY SYSTEM REVENUE</name>
        <lei>N/A</lei>
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        <cusip>44244CXG7</cusip>
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        <balance>1500000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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        <name>COLORADO HEALTH FACILITIES AUTHORITY</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO ST HLTH FACS AUTH REV COSMED 11/43 FIXED 4</title>
        <cusip>19648FJE5</cusip>
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        <balance>8195000.000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS STATE TOLL HIGHWAY AUTHORITY</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/40 FIXED 5</title>
        <cusip>452252KS7</cusip>
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        <balance>4280000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4327396.290000</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>2040-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>TEXAS PRIVATE ACTIVITY SURFACE TRANSPORTATION CORP</name>
        <lei>N/A</lei>
        <title>TEXAS ST PRIV ACTIVITY BOND SU TXSTRN 06/58 FIXED 5</title>
        <cusip>882667AN8</cusip>
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      <invstOrSec>
        <name>MICHIGAN FINANCE AUTHORITY</name>
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      <invstOrSec>
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      <invstOrSec>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>CITY OF COLUMBIA SC WATERWORKS &amp; SEWER SYSTEM REVENUE</name>
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        <cusip>198504K35</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</annualizedRt>
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      <invstOrSec>
        <name>WISCONSIN CENTER DISTRICT</name>
        <lei>N/A</lei>
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        <balance>15000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4616164.500000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
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        <balance>1525000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1534906.250000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <cusip>62620HJX1</cusip>
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        <curCd>USD</curCd>
        <valUSD>1239191.030000</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>2044-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <title>CALIFORNIA ST HLTH FACS FING A CASMED 04/35 FIXED 4</title>
        <cusip>13032UWW4</cusip>
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        <balance>1750000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <name>NEW YORK CITY HOUSING DEVELOPMENT CORP</name>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</annualizedRt>
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      <invstOrSec>
        <name>CROOK COUNTY OF</name>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>ILLINOIS FINANCE AUTHORITY</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/45 FIXED 4</title>
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        <balance>3830000.000000</balance>
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        <curCd>USD</curCd>
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        <name>TAMPA HEALTH SYSTEMS</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/28 FIXED 5</title>
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        <name>BLYTHE TOWNSHIP SOLID WASTE AUTHORITY</name>
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        <name>MICHIGAN FINANCE AUTHORITY</name>
        <lei>54930022O46HOX5J1D14</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>FERRIS ST UNIV MICH REV</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MARICOPA COUNTY INDUSTRIAL DEV</name>
        <lei>N/A</lei>
        <title>MARICOPA CNTY AZ INDL DEV AUTH MARDEV 01/41 FIXED 4</title>
        <cusip>56682HCK3</cusip>
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          <isin value="US56682HCK32"/>
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        <balance>5000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5013489.500000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>MUNI ELEC AUTH OF GA MELPWR 07/64 FIXED 5.5</title>
        <cusip>62620HHQ8</cusip>
        <identifiers>
          <isin value="US62620HHQ83"/>
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        <balance>4500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4825042.200000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDEN STATE TOBACCO SECURITIZATION</name>
        <lei>N/A</lei>
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        <cusip>38122NB84</cusip>
        <identifiers>
          <isin value="US38122NB843"/>
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        <balance>84700000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10118363.640000</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>2066-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEXAS PRIVATE ACTIVITY SURFACE TRANSPORTATION CORP</name>
        <lei>N/A</lei>
        <title>TEXAS ST PRIV ACTIVITY BOND SU TXSTRN 12/37 FIXED 4</title>
        <cusip>882667BQ0</cusip>
        <identifiers>
          <isin value="US882667BQ04"/>
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        <balance>1875000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1911820.880000</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>2037-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY</name>
        <lei>N/A</lei>
        <title>NATIONAL FIN AUTH NH MUNI CTFS NFADEV 09/34 FIXED OID 3.787</title>
        <cusip>63607WAK0</cusip>
        <identifiers>
          <isin value="US63607WAK09"/>
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        <balance>3903706.150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3777548.520000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.787</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VIRGINIA SMALL BUSINESS FING AUTH HOSP R</name>
        <lei>N/A</lei>
        <title>VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/44 FIXED OID 5.5</title>
        <cusip>92810PAW1</cusip>
        <identifiers>
          <isin value="US92810PAW14"/>
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        <balance>7375000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6681912.990000</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>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY OF LOS ANGELES DEPARTMENT OF AIRPORTS</name>
        <lei>N/A</lei>
        <title>LOS ANGELES CA DEPT OF ARPTS A LOSAPT 05/49 FIXED 4</title>
        <cusip>544445NV7</cusip>
        <identifiers>
          <isin value="US544445NV73"/>
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        <balance>4430000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4341523.150000</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>2049-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LYNCHBURG ECONOMIC DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>LYNCHBURG VA ECON DEV AUTH HOS LNCMED 01/55 FIXED 4</title>
        <cusip>55123TBS0</cusip>
        <identifiers>
          <isin value="US55123TBS06"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2396686.000000</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>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>NEW JERSEY TURNPIKE AUTHORITY</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>NEW JERSEY ST TURNPIKE AUTH TU NJSTRN 01/54 FIXED OID 4.125</title>
        <cusip>646140FY4</cusip>
        <identifiers>
          <isin value="US646140FY48"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5017694.000000</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>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INDIANA FINANCE AUTHORITY</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 4.25</title>
        <cusip>45470CAG4</cusip>
        <identifiers>
          <isin value="US45470CAG42"/>
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        <balance>15835000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16627177.550000</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>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25</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>PENNSYLVANIA TURNPIKE COMMISSION</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/43 FIXED 4</title>
        <cusip>709225CB0</cusip>
        <identifiers>
          <isin value="US709225CB00"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2019327.600000</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>2043-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>NIAGARA TOBACCO ASSET SECURITIZATION CORPORATION</name>
        <lei>N/A</lei>
        <title>NIAGARA CNTY NY TOBACCO ASSET NIAGEN 05/29 FIXED 4</title>
        <cusip>653364BM0</cusip>
        <identifiers>
          <isin value="US653364BM09"/>
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        <balance>1195000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1193957.000000</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>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANUTILLO INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>CANUTILLO TX INDEP SCH DIST CNUSCD 02/54 FIXED 5.25</title>
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          <isin value="US138735YW95"/>
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        <balance>4500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5016452.400000</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>2054-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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 STATE</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST MAS 10/47 FIXED 5.25</title>
        <cusip>57582RY34</cusip>
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          <isin value="US57582RY342"/>
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        <balance>9000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10131183.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <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>COLORADO BRIDGE &amp; TUNNEL ENTERPRISE</name>
        <lei>N/A</lei>
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          <isin value="US19633TAF84"/>
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        <balance>5750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6571036.750000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/30 FIXED OID 4</title>
        <cusip>650116CX2</cusip>
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          <isin value="US650116CX28"/>
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        <balance>8495000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8577501.740000</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>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST ILS 05/37 FIXED OID 4.625</title>
        <cusip>452152Y21</cusip>
        <identifiers>
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        <balance>890000.000000</balance>
        <units>PA</units>
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        <name>FHLMC PASS THRU POOLS</name>
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      <invstOrSec>
        <name>METROPOLITAN GOVERNMENT NASHVILLE &amp; DAVIDSON COUNTY SPORTS AUTHORITY</name>
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        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
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        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY</name>
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        <name>CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND</name>
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        <name>CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY</name>
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        <name>WESTMORELAND COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY</name>
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        <name>GEISINGER AUTH PA HEALTH SYSTEM</name>
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        <name>PERALTA COMMUNITY COLLEGE DISTRICT</name>
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        <name>CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE</name>
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        <name>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
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        <name>WAYNE COUNTY AIRPORT AUTHORITY</name>
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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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK LIBERTY DEVELOPMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/40 FIXED 5.375</title>
        <cusip>649519DC6</cusip>
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          <isin value="US649519DC68"/>
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        <curCd>USD</curCd>
        <valUSD>8014613.200000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA HOUSING FINANCE AGENCY</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>PENNSYLVANIA ST HSG FIN AGY SF PA HSG FIN AGY 146A</title>
        <cusip>70879QXV0</cusip>
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          <isin value="US70879QXV03"/>
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        <curCd>USD</curCd>
        <valUSD>2478338.720000</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>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IOWA FINANCE AUTHORITY</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IOWA ST FIN AUTH REVENUE IASGEN 08/34 FIXED 5</title>
        <cusip>46247SFR0</cusip>
        <identifiers>
          <isin value="US46247SFR04"/>
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        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8313910.500000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE6092 FR 01/39 FIXED 3.66</title>
        <cusip>3132YBXV3</cusip>
        <identifiers>
          <isin value="US3132YBXV32"/>
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        <balance>3408443.080000</balance>
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        <curCd>USD</curCd>
        <valUSD>3355765.460000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.66</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITY OF SALT LAKE CITY UT AIRPORT REVENUE</name>
        <lei>N/A</lei>
        <title>SALT LAKE CITY UT ARPT REVENUE SALAPT 07/48 FIXED 5</title>
        <cusip>795576HL4</cusip>
        <identifiers>
          <isin value="US795576HL49"/>
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        <balance>3430000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3522355.490000</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>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRIBOROUGH BRIDGE &amp; TUNNEL AUTHORITY SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>TRIBOROUGH NY BRIDGE   TUNNEL TRITRN 05/62 FIXED 5.25</title>
        <cusip>896035BG6</cusip>
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          <isin value="US896035BG68"/>
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        <balance>3750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4109339.630000</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>2062-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL TRUST AUTHORITY</name>
        <lei>N/A</lei>
        <title>CAPITAL TRUST AUTH FL EDUCTNL CTSEDU 06/43 FIXED OID 6</title>
        <cusip>14054WAK1</cusip>
        <identifiers>
          <isin value="US14054WAK18"/>
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        <balance>1250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1321433.000000</valUSD>
        <pctVal>0.0414653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MASSACHUSETTS PORT AUTHORITY</name>
        <lei>254900JRR8IDSSKWCL90</lei>
        <title>MASSACHUSETTS ST PORT AUTH MASTRN 07/35 FIXED 5</title>
        <cusip>575896YT6</cusip>
        <identifiers>
          <isin value="US575896YT64"/>
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        <balance>1350000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1500542.690000</valUSD>
        <pctVal>0.0470856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>THE DEVELOPMENT AUTHORITY OF MONROE COUNTY</name>
        <lei>N/A</lei>
        <title>MONROE CNTY GA DEV AUTH POLL C MONPOL 01/39 ADJUSTABLE VAR</title>
        <cusip>610530FE2</cusip>
        <identifiers>
          <isin value="US610530FE20"/>
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        <balance>1125000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1110586.160000</valUSD>
        <pctVal>0.0348491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.5</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>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST ILS 10/35 FIXED OID 4</title>
        <cusip>4521526Z9</cusip>
        <identifiers>
          <isin value="US4521526Z94"/>
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        <balance>8000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8154434.400000</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>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY</name>
        <lei>549300Q2EHQ6RJPQKP05</lei>
        <title>NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/50 ADJUSTABLE VAR</title>
        <cusip>64972GRG1</cusip>
        <identifiers>
          <isin value="US64972GRG19"/>
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        <balance>17750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17750000.000000</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>2050-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.9</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE</name>
        <lei>N/A</lei>
        <title>MET WASHINGTON DC ARPTS AUTH A METAPT 10/53 FIXED 5.25</title>
        <cusip>592647MD0</cusip>
        <identifiers>
          <isin value="US592647MD06"/>
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        <balance>4000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4301800.400000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>METROPOLITAN PIER &amp; EXPOSITION</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>MET PIER EXPOSITION AUTH IL MPNFAC 06/50 FIXED 4</title>
        <cusip>592250DN1</cusip>
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          <isin value="US592250DN11"/>
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        <balance>15480000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14788797.880000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH ST PERSO NYSHGR 03/39 FIXED 4</title>
        <cusip>64990FW83</cusip>
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          <isin value="US64990FW834"/>
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        <balance>2000000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2067223.600000</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>2039-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY</name>
        <lei>54930006MR4KZ4W74Z83</lei>
        <title>PORT AUTH OF NEW YORK   NEW JE PORTRN 12/38 FIXED 5</title>
        <cusip>73358XKF8</cusip>
        <identifiers>
          <isin value="US73358XKF86"/>
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        <balance>1400000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1549095.100000</valUSD>
        <pctVal>0.0486091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>TEXAS STATE UNIVERSITY SYSTEM</name>
        <lei>N/A</lei>
        <title>TEXAS ST UNIV SYS FING REVENUE TXSHGR 03/44 FIXED 5</title>
        <cusip>88278PJ70</cusip>
        <identifiers>
          <isin value="US88278PJ709"/>
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        <balance>3000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3322464.000000</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>2044-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>TEXAS WATER DEVELOPMENT BOARD</name>
        <lei>N/A</lei>
        <title>TEXAS WTR DEV BRD ST WTR IMPLE TXSWTR 10/52 FIXED 4.8</title>
        <cusip>88285ABJ6</cusip>
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          <isin value="US88285ABJ60"/>
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        <balance>7200000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7601289.840000</valUSD>
        <pctVal>0.238521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY</name>
        <lei>98450061A2F3FD36E493</lei>
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        <cusip>842039FN4</cusip>
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          <isin value="US842039FN40"/>
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        <curCd>USD</curCd>
        <valUSD>1128598.500000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN STATE TOBACCO SECURITIZATION</name>
        <lei>N/A</lei>
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        <cusip>38122ND82</cusip>
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          <isin value="US38122ND823"/>
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        <balance>4540000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4258830.540000</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>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85</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>COLORADO HEALTH FACILITIES AUTHORITY</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>COLORADO ST HLTH FACS AUTH REV COSMED 08/44 FIXED 4</title>
        <cusip>19648FKA1</cusip>
        <identifiers>
          <isin value="US19648FKA11"/>
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        <balance>4915000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4788804.430000</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>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>MASSACHUSETTS STATE</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>MASSACHUSETTS ST MAS 10/53 FIXED 5</title>
        <cusip>57582R4F0</cusip>
        <identifiers>
          <isin value="US57582R4F03"/>
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        <balance>16000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17486710.400000</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>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PASDEV 06/38 FIXED 5.5</title>
        <cusip>70868YAP4</cusip>
        <identifiers>
          <isin value="US70868YAP43"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2249414.000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>COUNTY OF WARREN KY</name>
        <lei>N/A</lei>
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        <cusip>934864CN7</cusip>
        <identifiers>
          <isin value="US934864CN71"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2759584.500000</valUSD>
        <pctVal>0.0865931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FHLMC PASS THRU POOLS</name>
        <lei>N/A</lei>
        <title>FED HM LN PC POOL WE5042 FR 06/43 FIXED 3.6</title>
        <cusip>3132YAS74</cusip>
        <identifiers>
          <isin value="US3132YAS740"/>
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        <balance>5581761.810000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5425636.190000</valUSD>
        <pctVal>0.170251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK LIBERTY DEVELOPMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/44 FIXED 5</title>
        <cusip>649519DA0</cusip>
        <identifiers>
          <isin value="US649519DA03"/>
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        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7004485.600000</valUSD>
        <pctVal>0.219794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>IOWA FINANCE AUTHORITY</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 ADJUSTABLE VAR</title>
        <cusip>46246SAW5</cusip>
        <identifiers>
          <isin value="US46246SAW52"/>
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        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7694639.400000</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>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>NEW YORK ST TRANSPRTN DEV CORP NYTTRN 04/35 FIXED 6</title>
        <cusip>650116GN0</cusip>
        <identifiers>
          <isin value="US650116GN00"/>
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        <balance>12300000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13919400.780000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <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>FREDDIE MAC GOLD POOL</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FED HM LN PC POOL WE6065 FR 07/40 FIXED 3.79</title>
        <cusip>3132YBW28</cusip>
        <identifiers>
          <isin value="US3132YBW286"/>
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        <balance>3944141.520000</balance>
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        <curCd>USD</curCd>
        <valUSD>3907127.800000</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>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.79</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE</name>
        <lei>N/A</lei>
        <title>OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/30 ZEROCPNOID 0</title>
        <cusip>688031EK5</cusip>
        <identifiers>
          <isin value="US688031EK56"/>
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        <balance>1200000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>952220.880000</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>2030-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
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        <cusip>74529JPW9</cusip>
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          <isin value="US74529JPW98"/>
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        <balance>11570000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROOKHAVEN DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>BROOKHAVEN DEV AUTH GA BRKDEV 07/37 FIXED 5</title>
        <cusip>113073AT7</cusip>
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          <isin value="US113073AT75"/>
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        <balance>500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>541077.650000</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>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COMMONSPIRIT HEALTH</name>
        <lei>4SXHN5XW08IBO0UG2V58</lei>
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        <curCd>USD</curCd>
        <valUSD>2557363.710000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.187</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHICAGO OHARE INTERNATIONAL AIRPORT</name>
        <lei>N/A</lei>
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        <cusip>1675934E9</cusip>
        <identifiers>
          <isin value="US1675934E92"/>
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        <balance>1470000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1652139.470000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>BLACK BELT ENERGY GAS DISTRICT</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 06/49 ADJUSTABLE VAR</title>
        <cusip>09182TCR6</cusip>
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          <isin value="US09182TCR68"/>
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        <balance>12860000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13919598.410000</valUSD>
        <pctVal>0.436784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>MUNI ELEC AUTH OF GEORGIA MELPWR 01/38 FIXED 5</title>
        <cusip>6262072P8</cusip>
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          <isin value="US6262072P85"/>
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        <curCd>USD</curCd>
        <valUSD>1565740.650000</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>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>MAIN STREET NATURAL GAS INC GA MAIUTL 06/53 ADJUSTABLE VAR</title>
        <cusip>56035DEN8</cusip>
        <identifiers>
          <isin value="US56035DEN84"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5341354.500000</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>2053-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY</name>
        <lei>549300XOH4JU704GMZ32</lei>
        <title>CHARLOTTE MECKLENBURG NC HOSP CHAMED 01/37 ADJUSTABLE VAR</title>
        <cusip>160853MS3</cusip>
        <identifiers>
          <isin value="US160853MS38"/>
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        <balance>10000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10000000.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.7</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MINNESOTA AGRICULTURAL &amp; ECONOMIC DEVELOPMENT BOARD</name>
        <lei>N/A</lei>
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        <cusip>6049203C0</cusip>
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          <isin value="US6049203C00"/>
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        <balance>8500000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9496379.350000</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>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INLAND EMPIRE TOBACCO SECURITIZATION CORPORATION</name>
        <lei>N/A</lei>
        <title>INLAND EMPIRE CA TOBACCO SECUR INEGEN 06/38 FIXED 3.678</title>
        <cusip>45734TAJ3</cusip>
        <identifiers>
          <isin value="US45734TAJ34"/>
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        <balance>900000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>844650.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.678</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON HEALTH CARE FACILITIES AUTHORITY</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>WASHINGTON ST HLTH CARE FACS A WASMED 01/47 FIXED 5</title>
        <cusip>93978HRK3</cusip>
        <identifiers>
          <isin value="US93978HRK31"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2106215.000000</valUSD>
        <pctVal>0.066091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>ARLINGTON HIGHER EDUCATION FINANCE CORPORATION</name>
        <lei>N/A</lei>
        <title>ARLINGTON TX HGR EDU FIN CORP ARLEDU 08/49 FIXED OID 4.125</title>
        <cusip>041807LQ9</cusip>
        <identifiers>
          <isin value="US041807LQ97"/>
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        <balance>3200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3168056.960000</valUSD>
        <pctVal>0.0994106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125</annualizedRt>
          <isDefault>N</isDefault>
          <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>PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.329</title>
        <cusip>74529JRH0</cusip>
        <identifiers>
          <isin value="US74529JRH04"/>
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        <balance>10800000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10794674.520000</valUSD>
        <pctVal>0.338727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>PR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.329</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>OHIO STATE</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>OHIO ST HOSP REVENUE OHSMED 11/36 FIXED 4</title>
        <cusip>67756CEX2</cusip>
        <identifiers>
          <isin value="US67756CEX20"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>973356.400000</valUSD>
        <pctVal>0.030543</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <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>EMPIRE STATE DEVELOPMENT CORPORATION</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>NEW YORK ST URBAN DEV CORP REV NYSDEV 03/51 FIXED OID 4</title>
        <cusip>650036JF4</cusip>
        <identifiers>
          <isin value="US650036JF46"/>
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        <balance>8550000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8421422.540000</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>2051-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLEGHENY COUNTY SANITARY AUTHORITY</name>
        <lei>N/A</lei>
        <title>ALLEGHENY CNTY PA SAN AUTH ALLUTL 12/55 FIXED 5.25</title>
        <cusip>017357S21</cusip>
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          <isin value="US017357S210"/>
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        <balance>2500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2740516.250000</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>2055-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STATE OF MICHIGAN TRUNK LINE REVENUE</name>
        <lei>N/A</lei>
        <title>MICHIGAN ST TRUNK LINE MISTRN 11/46 FIXED 5</title>
        <cusip>5946954P0</cusip>
        <identifiers>
          <isin value="US5946954P04"/>
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        <balance>12000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13409916.000000</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>2046-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS FINANCE AUTHORITY</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>ILLINOIS ST FIN AUTH REVENUE ILSGEN 07/55 ADJUSTABLE VAR</title>
        <cusip>45204FME2</cusip>
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        <balance>10300000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10300000.000000</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>2055-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.85</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>GRAND FORKS ND SALES TAX REV DIKE-SER D</name>
        <lei>N/A</lei>
        <title>GRAND FORKS ND HLTH CARE SYS R GRAMED 12/53 FIXED OID 5</title>
        <cusip>38546WEQ9</cusip>
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        <balance>2250000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2365928.330000</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>2053-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY</name>
        <lei>N/A</lei>
        <title>PENNSYLVANIA ST ECON DEV FING PASMED 02/41 FIXED 4</title>
        <cusip>70870JED6</cusip>
        <identifiers>
          <isin value="US70870JED63"/>
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        <balance>3575000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3598615.380000</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>2041-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>COUNTY OF MIAMI-DADE SEAPORT DEPARTMENT</name>
        <lei>N/A</lei>
        <title>MIAMI DADE CNTY FL SEAPORT REV MDCTRN 10/35 FIXED 5</title>
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        <identifiers>
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        <balance>1650000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1807348.130000</valUSD>
        <pctVal>0.0567129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>MISSOURI STATE HEALTH AND EDUCATION</name>
        <lei>549300IWTBCMX5JB3277</lei>
        <title>MISSOURI ST HLTH   EDUCTNL FAC MOSMED 10/33 FIXED 4</title>
        <cusip>60636ATF0</cusip>
        <identifiers>
          <isin value="US60636ATF02"/>
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        <balance>2440000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2503877.000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEHIGH CNTY PA</name>
        <lei>N/A</lei>
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        <cusip>52480GDC5</cusip>
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        <balance>3100000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3079233.720000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.1</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>ILLINOIS ST ILS 12/26 FIXED 5</title>
        <cusip>452152V65</cusip>
        <identifiers>
          <isin value="US452152V658"/>
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        <balance>5000000.000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOOSE CREEK CONSOLIDATED INDEPENDENT SCHOOL DISTRICT</name>
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        <cusip>3826043U8</cusip>
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        <curCd>USD</curCd>
        <valUSD>4100022.800000</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>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PIMCO FUNDS</name>
        <lei>LWVQWTQCFH3YG7CVH718</lei>
        <title>PIMCO PRV SHORT TERM FLT III MUTUAL FUND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="US72201W1541"/>
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        <balance>47669642.310000</balance>
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        <curCd>USD</curCd>
        <valUSD>464159307.160000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA STATE HOUSING FINANCE AND DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>MULTIFAMILY TAX EXEMPT MORTGAG MTEMS 2023 08FN PT</title>
        <cusip>83712LAE8</cusip>
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          <isin value="US83712LAE83"/>
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        <balance>4200000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4455868.620000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.8</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>WISCONSIN ST HLTH   EDUCTNL FA WISMED 04/48 ADJUSTABLE VAR</title>
        <cusip>97712D8W9</cusip>
        <identifiers>
          <isin value="US97712D8W94"/>
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        <balance>5100000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5100000.000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.15</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>NEW YORK STATE DORMITORY AUTHORITY</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>NEW YORK ST DORM AUTH REVENUES NYSHGR 05/41 FIXED OID 4</title>
        <cusip>65000BNE4</cusip>
        <identifiers>
          <isin value="US65000BNE47"/>
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        <balance>5350000.000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5302783.580000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>BLACK BELT ENERGY GAS DISTRICT</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>BLACK BELT ENERGY GAS DIST AL BBEUTL 10/52 FLOATING VAR</title>
        <cusip>09182TAN7</cusip>
        <identifiers>
          <isin value="US09182TAN72"/>
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        <balance>3500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3406688.250000</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>2052-10-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.35</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FINANCE AUTHORITY OF MAINE</name>
        <lei>N/A</lei>
        <title>MAINE ST FIN AUTH LOAN REVENUE MESGEN 12/33 FIXED OID 3.75</title>
        <cusip>56042TDB1</cusip>
        <identifiers>
          <isin value="US56042TDB17"/>
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        <balance>1560000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1538254.070000</valUSD>
        <pctVal>0.0482689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</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>EVERMAN INDEPENDENT SCHOOL DISTRICT</name>
        <lei>N/A</lei>
        <title>EVERMAN TX INDEP SCH DIST EVESCD 02/49 FIXED OID 4</title>
        <cusip>300371W56</cusip>
        <identifiers>
          <isin value="US300371W565"/>
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        <balance>9140000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9063671.860000</valUSD>
        <pctVal>0.284409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>COLORADO HSG FIN AUTH SGL FAML PROG</name>
        <lei>5493005GIROYQAWBMC18</lei>
        <title>COLORADO ST HSG FIN AUTH MF HS COSMFH 06/54 ADJUSTABLE VAR</title>
        <cusip>19647PDP5</cusip>
        <identifiers>
          <isin value="US19647PDP53"/>
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        <balance>7500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7768991.250000</valUSD>
        <pctVal>0.243783</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.35</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>RIO HONDO CALIF CMNTY COLLEGE DIST</name>
        <lei>N/A</lei>
        <title>RIO HONDO CA CMNTY CLG DIST RHDHGR 08/46 ZEROCPNOID 0</title>
        <cusip>767121EV4</cusip>
        <identifiers>
          <isin value="US767121EV49"/>
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        <balance>5000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1827344.500000</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>2046-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>NEW YORK NY CITY TRANSITIONAL NYCGEN 05/50 FIXED 5.25</title>
        <cusip>64972JCE6</cusip>
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          <isin value="US64972JCE64"/>
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        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2224512.000000</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>2050-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/35 FIXED 4</title>
        <cusip>6461367Z8</cusip>
        <identifiers>
          <isin value="US6461367Z85"/>
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        <balance>3250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3385513.630000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RHODE ISLAND HEALTH &amp; EDL BLDG CORP</name>
        <lei>N/A</lei>
        <title>RHODE ISLAND ST HLTH   EDUCTNL RISMED 05/38 FIXED 5</title>
        <cusip>762244MA6</cusip>
        <identifiers>
          <isin value="US762244MA62"/>
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        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1114421.400000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
          <isDefault>N</isDefault>
          <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>METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE</name>
        <lei>N/A</lei>
        <title>MET WASHINGTON DC ARPTS AUTH A METAPT 10/40 FIXED 5</title>
        <cusip>592647MY4</cusip>
        <identifiers>
          <isin value="US592647MY43"/>
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        <balance>1750000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1902956.650000</valUSD>
        <pctVal>0.059713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>DOMINION WATER &amp; SANITATION DISTRICT</name>
        <lei>N/A</lei>
        <title>DOMINION WTR   SANTN DIST CO R DOMWTR 12/52 FIXED 5.875</title>
        <cusip>25755AAE1</cusip>
        <identifiers>
          <isin value="US25755AAE10"/>
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        <balance>7000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7221944.100000</valUSD>
        <pctVal>0.226618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.875</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>NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>NEW JERSEY ST ECON DEV AUTH RE NJSDEV 06/41 FIXED 4</title>
        <cusip>64577XCS3</cusip>
        <identifiers>
          <isin value="US64577XCS36"/>
        </identifiers>
        <balance>1000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1008284.800000</valUSD>
        <pctVal>0.031639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>DALLAS FORT WORTH INTERNATIONAL AIRPORT</name>
        <lei>N/A</lei>
        <title>DALLAS FORT WORTH TX INTERNATI DALAPT 11/45 FIXED 4</title>
        <cusip>23503CAL1</cusip>
        <identifiers>
          <isin value="US23503CAL19"/>
        </identifiers>
        <balance>8855000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8833420.370000</valUSD>
        <pctVal>0.277184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>ILLINOIS STATE TOLL HIGHWAY AUTHORITY</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/45 FIXED 5</title>
        <cusip>452252PQ6</cusip>
        <identifiers>
          <isin value="US452252PQ68"/>
        </identifiers>
        <balance>2340000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2527391.650000</valUSD>
        <pctVal>0.0793071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY</name>
        <lei>5493003476LG35QAKM08</lei>
        <title>NEW YORK NY CITY TRANSITIONAL NYCGEN 02/53 FIXED 5.25</title>
        <cusip>64972JGW2</cusip>
        <identifiers>
          <isin value="US64972JGW27"/>
        </identifiers>
        <balance>2000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2223858.800000</valUSD>
        <pctVal>0.0697826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/54 ADJUSTABLE VAR</title>
        <cusip>13013JDD5</cusip>
        <identifiers>
          <isin value="US13013JDD54"/>
        </identifiers>
        <balance>3500000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3917926.250000</valUSD>
        <pctVal>0.122941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.5</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>CAPITAL TRUST AGENCY INC</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>CAPITAL TRUST AGY FL REVENUE CPTGEN 01/35 FIXED 4.5</title>
        <cusip>14052WDJ3</cusip>
        <identifiers>
          <isin value="US14052WDJ36"/>
        </identifiers>
        <balance>1250000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1264447.630000</valUSD>
        <pctVal>0.0396772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</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>PUBLIC FINANCE AUTHORITY</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBGEN 03/56 FIXED 4</title>
        <cusip>74442PTG0</cusip>
        <identifiers>
          <isin value="US74442PTG09"/>
        </identifiers>
        <balance>4690000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4095095.540000</valUSD>
        <pctVal>0.1285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE</name>
        <lei>N/A</lei>
        <title>OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/33 ZEROCPNOID 0</title>
        <cusip>688031EN9</cusip>
        <identifiers>
          <isin value="US688031EN95"/>
        </identifiers>
        <balance>1680000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1182174.340000</valUSD>
        <pctVal>0.0370955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01</name>
        <lei>N/A</lei>
        <title>AFFORDABLE HSG OPPORTUNITIES T TENGEN 12/39 FIXED 3.401</title>
        <cusip>00826SAL4</cusip>
        <identifiers>
          <isin value="US00826SAL43"/>
        </identifiers>
        <balance>8000000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7161943.200000</valUSD>
        <pctVal>0.224735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.402</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>THE METROPOLITAN NASHVILLE AIRPORT AUTHORITY</name>
        <lei>549300IC0HNF8TDXEE63</lei>
        <title>MET NASHVILLE TN ARPT AUTH ARP MNVAPT 07/32 FIXED 5.25</title>
        <cusip>592190QM7</cusip>
        <identifiers>
          <isin value="US592190QM77"/>
        </identifiers>
        <balance>1205000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1364130.250000</valUSD>
        <pctVal>0.0428051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>ORANGE CNTY FLA HEALTH FACS AUTH FEV</name>
        <lei>N/A</lei>
        <title>ORANGE CNTY FL HLTH FACS AUTH ORAMED 08/54 FIXED 5</title>
        <cusip>68450LJC0</cusip>
        <identifiers>
          <isin value="US68450LJC00"/>
        </identifiers>
        <balance>1650000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1743128.810000</valUSD>
        <pctVal>0.0546977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>PUBLIC FINANCE AUTHORITY</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>PUBLIC FIN AUTH WI REVENUE PUBGEN 09/51 FIXED 4</title>
        <cusip>74442PTF2</cusip>
        <identifiers>
          <isin value="US74442PTF26"/>
        </identifiers>
        <balance>1040000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>923483.390000</valUSD>
        <pctVal>0.028978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>INDIANAPOLIS IN LOCAL PUBLIC I INPGEN 03/38 FIXED OID 5.5</title>
        <cusip>45528U6V8</cusip>
        <identifiers>
          <isin value="US45528U6V86"/>
        </identifiers>
        <balance>2150000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2421413.420000</valUSD>
        <pctVal>0.0759816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.5</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>ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY</name>
        <lei>N/A</lei>
        <title>ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/43 FIXED 5</title>
        <cusip>04052TAV7</cusip>
        <identifiers>
          <isin value="US04052TAV70"/>
        </identifiers>
        <balance>6285000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4295106.150000</valUSD>
        <pctVal>0.134776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>TAMPA HEALTH SYSTEMS</name>
        <lei>N/A</lei>
        <title>TAMPA FL HOSP REVENUE TAMMED 07/39 FIXED 4</title>
        <cusip>875161DA6</cusip>
        <identifiers>
          <isin value="US875161DA62"/>
        </identifiers>
        <balance>1200000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1214168.040000</valUSD>
        <pctVal>0.0380994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>CITY OF DENTON TEXAS</name>
        <lei>549300UWEY8IKYK09T27</lei>
        <title>DENTON TX DENTON  CTFS OBLIG</title>
        <cusip>248867HB2</cusip>
        <identifiers>
          <isin value="US248867HB23"/>
        </identifiers>
        <balance>4190000.000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4182512.470000</valUSD>
        <pctVal>0.131243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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="Total returns do not deduct sales loads and redemption fees." noteItem="B.5.a"/>

      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.c.vi"/>
      <explntrNote note="A negative balance, which may be due to such circumstances as a net overdraft as of the reporting period-end, is reported as $0 in Item B.2.f - Cash and cash equivalents not reported in Parts C and D.  This is done in order to conform to the technical constraints of the XML type, which do not allow negative values in B.2.f." noteItem="B.2.f"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.d.iii"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.e.iii"/>
      <explntrNote note="The form requires the filer to report ISO country codes and certain supranational entities are not on the ISO country code list.  Instruments issued by or economic exposure to a supranational entity may be disclosed as N/A." noteItem="C.5.a"/>
      <explntrNote note="To the extent an instrument's maturity date, termination date, expiration date, or settlement date does not exist or is not available as of period end, and is required for reporting, the registrant will disclose 12/31/2500." noteItem="C.11.f.ii"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-11-25</ncom:dateSigned>
      <ncom:nameOfApplicant>PIMCO Funds</ncom:nameOfApplicant>
      <ncom:signature>/s/ Bijal Parikh</ncom:signature>
      <ncom:signerName>Bijal Parikh</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
