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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission Oil Franchise Tax Revenue</title>
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          <isin value="US709221VG71"/>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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          <isin value="US74440DCM48"/>
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          <maturityDt>2050-02-01</maturityDt>
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      <invstOrSec>
        <name>WALLER TX INDEP SCH DIST</name>
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        <title>Waller Consolidated Independent School District</title>
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          <isin value="US932493MD82"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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        <name>MARSHALL CREEK FL CDD SPL ASSM</name>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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          <isin value="US65820YTA46"/>
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      <invstOrSec>
        <name>GARDENS AT HAMMOCK BEACH CDD F</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>KAUAI CNTY HI CMNTY FACS DISTS</name>
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        <title>Kauai County Community Facilities District</title>
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          <isin value="US486121AU09"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-15</maturityDt>
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        <name>COLUMBIA CNTY WI</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <title>Virginia Small Business Financing Authority</title>
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        <name>HUDSON MA</name>
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        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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        <name>MASSACHUSETTS ST CLG BLDG AUTH</name>
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        <name>JACKSON CNTY OR SCH DIST #5 AS</name>
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        <name>COLUMBIA CNTY WI</name>
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        <name>MUSKOGEE CNTY OK PUBLIC SAFETY</name>
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        <name>ABBOTT SQUARE CDD FL SPL ASSMN</name>
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          <maturityDt>2027-05-01</maturityDt>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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          <isin value="US65820YTB29"/>
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        <name>CORAL KEYS HOMES CMNTY DEV</name>
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          <maturityDt>2030-05-01</maturityDt>
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          <maturityDt>2027-08-01</maturityDt>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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          <isin value="US96124RAD17"/>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>DETROIT MI DOWNTOWN DEV AUTH T</name>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>NATIONAL FIN AUTH NH UTL REV</name>
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        <name>QUAIL ROOST CDD SPL ASSMNT</name>
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        <name>REDMOND OR</name>
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        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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          <isin value="US13034AN486"/>
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        <name>LOVE FIELD TX ARPT MODERNIZATI</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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          <isin value="US592250FF68"/>
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        <curCd>USD</curCd>
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        <name>KLICKITAT CNTY WA PUBLIC UTILI</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>GRAYSON CNTY TX JNR CLG DIST</name>
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          <isin value="US389712HA15"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <name>OKLAHOMA CNTY OK INDEP SCH DIS</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPE CORAL FL WTR &amp; SWR REVENU</name>
        <lei>N/A</lei>
        <title>City of Cape Coral FL Water &amp; Sewer Revenue</title>
        <cusip>139372RL2</cusip>
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          <isin value="US139372RL28"/>
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        <balance>6140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6306923.27000000</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>2039-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST PWR AUTH GREEN TRA</name>
        <lei>I5P1GEYFGGMMDOFX2L30</lei>
        <title>New York Power Authority</title>
        <cusip>65000XBA7</cusip>
        <identifiers>
          <isin value="US65000XBA72"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525086.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64985SNR0</cusip>
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          <isin value="US64985SNR03"/>
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        <balance>2625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2625669.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.05000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BRYAN TX RURAL ELEC SYS REVENU</name>
        <lei>N/A</lei>
        <title>City of Bryan TX Rural Electric System Revenue</title>
        <cusip>117610GC3</cusip>
        <identifiers>
          <isin value="US117610GC38"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258278.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WEST VIRGINIA ST ECON DEV AUTH</name>
        <lei>549300WW88TKKF5H1220</lei>
        <title>West Virginia Economic Development Authority</title>
        <cusip>95648VBY4</cusip>
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          <isin value="US95648VBY48"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5037992.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TARRANT CNTY TX CULTURAL EDU F</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638QSF7</cusip>
        <identifiers>
          <isin value="US87638QSF71"/>
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        <balance>4045000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4064814.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HLTH CARE AUTH FOR BAPTIST HLT</name>
        <lei>N/A</lei>
        <title>Health Care Authority for Baptist Health/The</title>
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          <isin value="US42219UBY73"/>
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        <balance>1335000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1421465.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONROE CNTY GA DEV AUTH POLL C</name>
        <lei>N/A</lei>
        <title>Development Authority of Monroe County/The</title>
        <cusip>610530FX0</cusip>
        <identifiers>
          <isin value="US610530FX01"/>
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        <balance>1560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1562380.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PINELLAS CNTY FL HSG FIN AUTHM</name>
        <lei>N/A</lei>
        <title>Pinellas County Housing Finance Authority</title>
        <cusip>72317BAQ5</cusip>
        <identifiers>
          <isin value="US72317BAQ59"/>
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        <balance>4600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4629102.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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      <invstOrSec>
        <name>KLICKITAT CNTY WA PUBLIC UTILI</name>
        <lei>549300D4CB0RTDWA5V46</lei>
        <title>Klickitat County Public Utility District No 1</title>
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          <isin value="US498622LF46"/>
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        <balance>1500000.00000000</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>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL EXPRESSWAY</name>
        <lei>549300NSQPQSO55VM780</lei>
        <title>Miami-Dade County Expressway Authority</title>
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          <isin value="US59334KFW36"/>
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        <balance>1355000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1360932.60000000</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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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA ST</name>
        <lei>9845007J7054602FF597</lei>
        <title>State of California</title>
        <cusip>13063DB80</cusip>
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          <isin value="US13063DB807"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21525590.00000000</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>5.00000000</annualizedRt>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
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          <isin value="US795576JK48"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FZV92"/>
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        <balance>335000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TOLOMATO FL CDD</name>
        <lei>N/A</lei>
        <title>Tolomato Community Development District</title>
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          <isin value="US889560EC83"/>
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        <invCountry>US</invCountry>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>COCONINO CNTY AZ POLL CONTROLC</name>
        <lei>N/A</lei>
        <title>Coconino County Pollution Control Corp</title>
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          <isin value="US191855BN47"/>
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        <balance>1775000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1777891.30000000</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>2032-09-01</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526YGX7</cusip>
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          <isin value="US74526YGX76"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146477.68000000</valUSD>
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        <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>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182SW7</cusip>
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          <isin value="US249182SW70"/>
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        <curCd>USD</curCd>
        <valUSD>6984045.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
        <lei>N/A</lei>
        <title>County of Pasco FL</title>
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          <isin value="US70252AAD72"/>
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        <curCd>USD</curCd>
        <valUSD>318676.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DEN8</cusip>
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          <isin value="US56035DEN84"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7379819.30000000</valUSD>
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        <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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KLICKITAT CNTY WA PUBLIC UTILI</name>
        <lei>549300D4CB0RTDWA5V46</lei>
        <title>Klickitat County Public Utility District No 1</title>
        <cusip>498622LE7</cusip>
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          <isin value="US498622LE70"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>815748.32000000</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>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HLTH CARE AUTH FOR BAPTIST HLT</name>
        <lei>N/A</lei>
        <title>Health Care Authority for Baptist Health/The</title>
        <cusip>42219UBW1</cusip>
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          <isin value="US42219UBW18"/>
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        <balance>1480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1528322.74000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WS56</cusip>
        <identifiers>
          <isin value="US66285WS566"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5634782.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116AQ9</cusip>
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          <isin value="US650116AQ94"/>
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        <balance>5900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5900470.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FWT8</cusip>
        <identifiers>
          <isin value="US45204FWT82"/>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2837936.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WINCHESTER VA ECON DEV AUTH RE</name>
        <lei>N/A</lei>
        <title>Winchester Economic Development Authority</title>
        <cusip>973122AC8</cusip>
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          <isin value="US973122AC80"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>817663.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MONROE CNTY GA DEV AUTH POLL C</name>
        <lei>N/A</lei>
        <title>Development Authority of Monroe County/The</title>
        <cusip>610530FZ5</cusip>
        <identifiers>
          <isin value="US610530FZ58"/>
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        <balance>7500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7547818.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261A4R5</cusip>
        <identifiers>
          <isin value="US59261A4R53"/>
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        <balance>8050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9269976.70000000</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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          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461364V0</cusip>
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          <isin value="US6461364V09"/>
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        <balance>2695000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TOBACCO SETTLEMENT FING CORP N</name>
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        <title>Tobacco Settlement Financing Corp</title>
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          <isin value="US888808HC92"/>
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        <name>SPRINGFIELD IL ELEC REVENUE</name>
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        <title>City of Springfield IL Electric Revenue</title>
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          <isin value="US850578UA12"/>
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        <balance>4900000.00000000</balance>
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          <maturityDt>2030-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FZX58"/>
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        <balance>390000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>SACRAMENTO CNTY CA WTR FING AU</name>
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        <title>Sacramento County Water Financing Authority</title>
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          <isin value="US78615RCU59"/>
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        <balance>13935000.00000000</balance>
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        <valUSD>13644434.35000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2034-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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        <title>County of Pasco FL</title>
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          <isin value="US70252AAC99"/>
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        <balance>300000.00000000</balance>
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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>2027-09-01</maturityDt>
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      <invstOrSec>
        <name>ALABAMA FEDERAL AID HIGHWAY FI</name>
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          <maturityDt>2036-09-01</maturityDt>
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      <invstOrSec>
        <name>N TEXAS ST MUNI WTR DIST WTR S</name>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
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        <name>NEW JERSEY ST ECON DEV AUTH WT</name>
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        <name>ILLINOIS ST MUNI ELEC AGY PWR</name>
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        <name>CANADIAN CNTY OK INDEP SCH DIS</name>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>LAKE POWELL FL RSDL GOLF CDD S</name>
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        <name>FARMINGTON NM POLL CONTROL REV</name>
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          <isin value="US311450GE46"/>
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          <maturityDt>2040-06-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US65000B7G71"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH EAST TX REGL MOBILITY AU</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority</title>
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          <isin value="US659231CH52"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>619039.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGIN ISLANDS TRANSPRTN &amp; INF</name>
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          <isin value="US927686AB10"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>S ESTRN PA TRANSPRTN AUTH</name>
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          <isin value="US842039EX31"/>
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        <curCd>USD</curCd>
        <valUSD>516984.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>S MIAMI FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>City Of South Miami Health Facilities Authority Inc</title>
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          <isin value="US838810DP19"/>
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        <curCd>USD</curCd>
        <valUSD>3038292.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport</title>
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          <isin value="US167562SX65"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57585BED64"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>524012.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VOLUSIA CNTY FL EDUCTNL FAC AU</name>
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        <title>Volusia County Educational Facility Authority</title>
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          <isin value="US928836PB51"/>
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      <invstOrSec>
        <name>TEXAS ST WTR DEV BRD</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board</title>
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          <isin value="US8828542X91"/>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>LAKE POWELL FL RSDL GOLF CDD S</name>
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        <title>Lake Powell Residential Golf Community Development District</title>
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          <isin value="US510554AJ72"/>
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        <name>CHICAGO IL</name>
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        <name>LAKES BY THE BAY S FL CDD ASSM</name>
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        <name>ADAMS CNTY PA GEN AUTH REV</name>
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          <isin value="US006114AF94"/>
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        <name>WAGONER CNTY OK DEV AUTH SALES</name>
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        <name>FARMINGTON NM POLL CONTROL REV</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <name>CHICAGO IL</name>
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          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57585BEE48"/>
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        <name>WAGONER CNTY OK DEV AUTH SALES</name>
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        <name>ADAMS CNTY PA GEN AUTH REV</name>
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        <name>S MIAMI FL HLTH FACS AUTH</name>
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      <invstOrSec>
        <name>NORTH EAST TX REGL MOBILITY AU</name>
        <lei>N/A</lei>
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          <isin value="US659231CJ19"/>
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      <invstOrSec>
        <name>KYLE TX SPL ASSMNT REVENUE</name>
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      <invstOrSec>
        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
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        <title>Chicago Midway International Airport</title>
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          <isin value="US167562SY49"/>
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        <curCd>USD</curCd>
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          <maturityDt>2027-01-01</maturityDt>
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        <name>HONOLULU CITY &amp; CNTY HI WSTWTR</name>
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        <title>City &amp; County Honolulu HI Wastewater System Revenue</title>
        <cusip>4387014R2</cusip>
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          <isin value="US4387014R24"/>
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        <balance>3400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3897732.46000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CLIFTON TX HGR EDU FIN CORP ED</name>
        <lei>N/A</lei>
        <title>Clifton Higher Education Finance Corp</title>
        <cusip>187145TP2</cusip>
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          <isin value="US187145TP27"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</title>
        <cusip>54628C2X9</cusip>
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          <isin value="US54628C2X90"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
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        <title>Montgomery County Industrial Development Authority/PA</title>
        <cusip>61361TAB7</cusip>
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          <isin value="US61361TAB70"/>
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        <balance>5795000.00000000</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>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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          <isin value="US56035DGT37"/>
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        <balance>2800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3008259.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>INDIANA ST FIN AUTH HLTH FAC R</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
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          <isin value="US45471CCZ95"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ALLEGHENY CNTY PA HGR EDU BLDG</name>
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        <title>Allegheny County Higher Education Building Authority</title>
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          <isin value="US01729EKZ96"/>
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        <balance>5330000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-01</maturityDt>
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        <name>MONROEVILLE PA FIN AUTH UPMC R</name>
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        <name>PINE RIDGE PLANTATION FL CDD C</name>
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        <name>LONG BEACH CA MARINA REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Marina System Revenue</title>
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          <isin value="US542426DD09"/>
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        <name>MET GOVT NASHVILLE &amp; DAVIDSON</name>
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          <isin value="US592113CD45"/>
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        <name>HERONS GLEN FL RECREATION DIST</name>
        <lei>N/A</lei>
        <title>Herons Glen Recreation District</title>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
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        <name>HILLSDALE NJ SCH DIST</name>
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      <invstOrSec>
        <name>ALTA LAKES CMNTY DEV DIST FL S</name>
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      <invstOrSec>
        <name>HARRIS CNTY TX</name>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US646136EQ03"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>INDIANA ST FIN AUTH HLTH FAC R</name>
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          <isin value="US45471CCY21"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SACRAMENTO CNTY CA ARPT SYS RE</name>
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        <title>County of Sacramento CA Airport System Revenue</title>
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          <isin value="US786107WM04"/>
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        <curCd>USD</curCd>
        <valUSD>1113557.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PR GO SER A (2017) CUSTODIAL T</name>
        <lei>N/A</lei>
        <title>PR Custodial Trust</title>
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          <isin value="US69367SAA87"/>
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        <balance>1030000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-15</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority</title>
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          <isin value="US54811BYZ83"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1008692.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DETROIT MI REGL CONVENTION FAC</name>
        <lei>N/A</lei>
        <title>Detroit Regional Convention Facility Authority</title>
        <cusip>251220AJ8</cusip>
        <identifiers>
          <isin value="US251220AJ85"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635756.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG BEACH CA MARINA REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Marina System Revenue</title>
        <cusip>542426DC2</cusip>
        <identifiers>
          <isin value="US542426DC26"/>
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        <balance>1260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1300205.59000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADAMS CNTY PA GEN AUTH CLG REV</name>
        <lei>N/A</lei>
        <title>Adams County General Authority</title>
        <cusip>00611PAV7</cusip>
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          <isin value="US00611PAV76"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>566733.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI SENIOR LIVI</name>
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        <title>Public Finance Authority</title>
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          <isin value="US74443UBX00"/>
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        <curCd>USD</curCd>
        <valUSD>1720044.20000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>S MIAMI FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>City Of South Miami Health Facilities Authority Inc</title>
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          <isin value="US838810EM78"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ALLEGANY CNTY NY CAPITAL RESOU</name>
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        <title>Allegany County Capital Resource Corp</title>
        <cusip>017095AM2</cusip>
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          <isin value="US017095AM20"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>356184.38000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PHILADELPHIA PA REDEV AUTH</name>
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        <title>Redevelopment Authority of the City of Philadelphia</title>
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          <isin value="US717868JL89"/>
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        <balance>2340000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SAN FRANCISCO CA CITY &amp;CNTY AR</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport</title>
        <cusip>79766DSL4</cusip>
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          <isin value="US79766DSL46"/>
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        <balance>4000000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
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          <isin value="US20775DXK35"/>
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        <balance>5520000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2049-07-01</maturityDt>
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      <invstOrSec>
        <name>LONG BEACH CA MARINA REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Marina System Revenue</title>
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          <isin value="US542426DB43"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FZA55"/>
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        <name>MASSACHUSETTS ST SCH BLDG AUTH</name>
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        <name>INDIANA ST FIN AUTH HLTH FAC R</name>
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        <name>ADAMS CNTY PA GEN AUTH CLG REV</name>
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          <isin value="US88285AAJ79"/>
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        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>INDIANA ST FIN AUTH HLTH FAC R</name>
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        <title>Indiana Finance Authority</title>
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        <name>CHINO CA PUBLIC FING AUTH REVE</name>
        <lei>N/A</lei>
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          <isin value="US169548DZ40"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ONONDAGA NY CIVIC DEV CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COPPER OAKS FL CDD</name>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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        <name>USF FING CORP FL CAPITAL IMPT</name>
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        <name>LONG BEACH CA MARINA REVENUE</name>
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        <name>TULSA CNTY OK INDL AUTH EDUCTN</name>
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        <name>ALLEGANY CNTY NY CAPITAL RESOU</name>
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          <maturityDt>2032-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>SINTON TX INDEP SCH DIST</name>
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        <title>Sinton Independent School District</title>
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          <isin value="US829353JK85"/>
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        <curCd>USD</curCd>
        <valUSD>3626486.64000000</valUSD>
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        <debtSec>
          <maturityDt>2049-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LONG BEACH CA MARINA REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Marina System Revenue</title>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>CHESTER CNTY PA HLTH &amp; EDU FAC</name>
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        <name>MISSOURI ST HLTH &amp; EDUCTNL FAC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TEXAS WTR DEV BRD REVENUE</name>
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          <isin value="US88285AAH14"/>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLIFTON TX HGR EDU FIN CORP ED</name>
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        <name>S MIAMI FL HLTH FACS AUTH</name>
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        <name>MIAMI-DADE CNTY FL EDUCTNL FAC</name>
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        <name>WILL CNTY IL FOREST PRESERVE D</name>
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        <name>OAK POINT TX SPL ASSMNT REVENU</name>
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        <name>TULSA CNTY OK INDL AUTH EDUCTN</name>
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        <name>NTHRN CA TRANSMISSION AGY REVE</name>
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        <name>CALIFORNIA ST UNIV REVENUE</name>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
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          <maturityDt>2030-10-01</maturityDt>
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        <name>NEW YORK NY</name>
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          <maturityDt>2034-08-01</maturityDt>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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          <maturityDt>2029-08-15</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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          <maturityDt>2029-06-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>N TEXAS HGR EDU AUTH INC EDU L</name>
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        <name>FISHHAWK RANCH CDD FL SPL ASSM</name>
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        <name>SANTA FE NM PUBLIC SCH DIST</name>
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          <isin value="US802088RF32"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-01</maturityDt>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
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          <isin value="US45506ELW11"/>
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        <curCd>USD</curCd>
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          <maturityDt>2030-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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          <isin value="US5462825W00"/>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>FARMINGTON NM POLL CONTROL REV</name>
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          <maturityDt>2040-06-01</maturityDt>
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        <name>CONNECTICUT ST HSG FIN AUTH HS</name>
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        <title>Connecticut Housing Finance Authority</title>
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        <debtSec>
          <maturityDt>2064-11-15</maturityDt>
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        <name>PINE RIDGE PLANTATION FL CDD C</name>
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        <name>GUAM PORT AUTH PORT REVENUE</name>
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        <name>E BATON ROUGE PARISH LA SWR CO</name>
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        <name>FAIRFAX CNTY VA REDEV &amp; HSG AU</name>
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        <name>CHESTER CNTY PA HLTH &amp; EDU FAC</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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        <name>SAINT CLOUD MN HLTH CARE REVEN</name>
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        <name>LAREDO TX INDEP SCH DIST</name>
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      <invstOrSec>
        <name>DIST OF COLUMBIA HSG FIN AGY M</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLORIDA ST MUNI PWR AGY</name>
        <lei>549300M3I10QJUPNU131</lei>
        <title>Florida Municipal Power Agency</title>
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          <isin value="US342816H990"/>
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        <curCd>USD</curCd>
        <valUSD>2321654.83000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KYLE TX SPL ASSMNT REVENUE</name>
        <lei>549300K0SYODYQ0ANN48</lei>
        <title>City of Kyle TX</title>
        <cusip>50156CBZ2</cusip>
        <identifiers>
          <isin value="US50156CBZ23"/>
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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>
        <debtSec>
          <maturityDt>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTPOINTE SPL IMPT DIST TX</name>
        <lei>N/A</lei>
        <title>Westpointe Special Improvement District</title>
        <cusip>96124RAJ8</cusip>
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          <isin value="US96124RAJ86"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>294457.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B5G9</cusip>
        <identifiers>
          <isin value="US65000B5G99"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2707127.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST HSG DEV AUTH MF HS</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>Illinois Housing Development Authority</title>
        <cusip>45203LFT5</cusip>
        <identifiers>
          <isin value="US45203LFT52"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1501353.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
        <cusip>12008ESW7</cusip>
        <identifiers>
          <isin value="US12008ESW74"/>
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        <balance>130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129577.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHESTER CNTY PA HLTH &amp; EDU FAC</name>
        <lei>N/A</lei>
        <title>Chester County Health and Education Facilities Authority</title>
        <cusip>165579HF3</cusip>
        <identifiers>
          <isin value="US165579HF32"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>528275.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
        <lei>N/A</lei>
        <title>City of Chicago IL Wastewater Transmission Revenue</title>
        <cusip>167727K47</cusip>
        <identifiers>
          <isin value="US167727K474"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1952969.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OREGON ST FACS AUTH REVENUE</name>
        <lei>N/A</lei>
        <title>Oregon State Facilities Authority</title>
        <cusip>68608JYC9</cusip>
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          <isin value="US68608JYC97"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>126250.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FZE7</cusip>
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          <isin value="US19648FZE77"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1096606.10000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MILWAUKEE CNTY WI</name>
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        <title>County of Milwaukee WI</title>
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          <isin value="US602246AR14"/>
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        <balance>735000.00000000</balance>
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          <maturityDt>2030-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>HAMPTON ROADS VA SANTN DIST WS</name>
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        <title>Hampton Roads Sanitation District</title>
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        <name>FLORIDA ST MUNI PWR AGY</name>
        <lei>549300M3I10QJUPNU131</lei>
        <title>Florida Municipal Power Agency</title>
        <cusip>342816U52</cusip>
        <identifiers>
          <isin value="US342816U522"/>
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        <balance>4000000.00000000</balance>
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          <maturityDt>2031-10-01</maturityDt>
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      <invstOrSec>
        <name>JIM HOGG CNTY TX INDEP SCH DIS</name>
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        <title>Jim Hogg County Independent School District</title>
        <cusip>477448ES9</cusip>
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          <isin value="US477448ES95"/>
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      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
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          <isin value="US15114CCU62"/>
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        <balance>320000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <isin value="US51265KDG04"/>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2029-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N TEXAS HGR EDU AUTH INC EDU L</name>
        <lei>N/A</lei>
        <title>North Texas Higher Education Authority Inc</title>
        <cusip>66286UAG4</cusip>
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          <isin value="US66286UAG40"/>
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        <balance>800000.00000000</balance>
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        <name>NEW ORLEANS LA</name>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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        <name>N TEXAS HGR EDU AUTH INC EDU L</name>
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          <maturityDt>2031-06-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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          <maturityDt>2028-05-01</maturityDt>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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        <name>PUBLIC FIN AUTH WI SENIOR LIVI</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>DETROIT MI REGL CONVENTION FAC</name>
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        <name>BASELINE MET DIST #1 CO SPL RE</name>
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        <name>HOUSTON TX INDEP SCH DIST</name>
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      <invstOrSec>
        <name>PIMA CNTY AZ SWR REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US721876VG25"/>
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      </invstOrSec>
      <invstOrSec>
        <name>HARRIS CNTY TX CULTURAL EDU FA</name>
        <lei>N/A</lei>
        <title>Harris County Cultural Education Facilities Finance Corp</title>
        <cusip>414009TH3</cusip>
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          <isin value="US414009TH38"/>
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        <curCd>USD</curCd>
        <valUSD>14378448.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT LAKE CITY UT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
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        <identifiers>
          <isin value="US795576JL21"/>
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        <curCd>USD</curCd>
        <valUSD>7793159.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ISLE OF WIGHT CNTY VA ECON DEV</name>
        <lei>N/A</lei>
        <title>Isle Wight County Industrial Development Authority</title>
        <cusip>464637AA5</cusip>
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          <isin value="US464637AA56"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>505172.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEANDER TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Leander Independent School District</title>
        <cusip>521841F43</cusip>
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          <isin value="US521841F433"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1064957.27000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BASELINE MET DIST #1 CO SPL RE</name>
        <lei>N/A</lei>
        <title>Baseline Metropolitan District No 1</title>
        <cusip>069826AL9</cusip>
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          <isin value="US069826AL93"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1109550.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIRGINIA ST CLG BLDG AUTH EDUC</name>
        <lei>N/A</lei>
        <title>Virginia College Building Authority</title>
        <cusip>92778VEG9</cusip>
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          <isin value="US92778VEG95"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1190575.16000000</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>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PIMA CNTY AZ SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Pima AZ Sewer System Revenue</title>
        <cusip>721876VF4</cusip>
        <identifiers>
          <isin value="US721876VF42"/>
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        <balance>1905000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1927645.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUFFALO &amp; ERIE CNTY NY INDL LA</name>
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        <cusip>11943KEH1</cusip>
        <identifiers>
          <isin value="US11943KEH14"/>
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        <balance>1550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1678404.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX</name>
        <lei>549300G9BRP25M0W1S40</lei>
        <title>County of Harris TX</title>
        <cusip>4140052P2</cusip>
        <identifiers>
          <isin value="US4140052P22"/>
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        <balance>1445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1506482.29000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182RZ1</cusip>
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          <isin value="US249182RZ11"/>
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        <balance>1380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1475685.89000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BASELINE MET DIST #1 CO SPL RE</name>
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        <title>Baseline Metropolitan District No 1</title>
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          <isin value="US069826AM76"/>
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        <balance>1050000.00000000</balance>
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        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIST OF COLUMBIA</name>
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          <isin value="US25476FUH99"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5145383.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>VAUXMONT MET DIST CO</name>
        <lei>549300M7XL6MB0OW8D56</lei>
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          <isin value="US92242SAG84"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2027-12-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PORTLAND OR SWR SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Portland OR Sewer System Revenue</title>
        <cusip>736742H91</cusip>
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          <isin value="US736742H919"/>
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        <balance>2595000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>CONNECTICUT ST</name>
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        <title>State of Connecticut</title>
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        <name>NORTH SYRACUSE NY CENTRL SCH D</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LAVON TX SPL ASSMT REVENUE</name>
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          <isin value="US51946PCJ12"/>
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        <balance>842000.00000000</balance>
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        <valUSD>852894.89000000</valUSD>
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        <name>HARRIS CNTY TX</name>
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        <name>BARTOW CNTY GA DEV AUTH</name>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FYY5</cusip>
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          <isin value="US45204FYY59"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>503148.95000000</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>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INLAND EMPIRE CA TOBACCO SECUR</name>
        <lei>N/A</lei>
        <title>Inland Empire Tobacco Securitization Corp</title>
        <cusip>45734TAJ3</cusip>
        <identifiers>
          <isin value="US45734TAJ34"/>
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        <balance>1820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1764357.32000000</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>3.67800000</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>NEW YORK CITY NY INDL DEV AGY</name>
        <lei>549300XR20ZR5DHL9534</lei>
        <title>New York City Industrial Development Agency</title>
        <cusip>64971PKV6</cusip>
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          <isin value="US64971PKV66"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>715045.52000000</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>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528VFT1</cusip>
        <identifiers>
          <isin value="US45528VFT17"/>
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        <balance>6225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6471059.31000000</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>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
        <cusip>7353892A5</cusip>
        <identifiers>
          <isin value="US7353892A52"/>
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        <balance>2700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2880796.05000000</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>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH EAST TX REGL MOBILITY AU</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority</title>
        <cusip>659231BM5</cusip>
        <identifiers>
          <isin value="US659231BM56"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>590172.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MIAMI-DADE CNTY FL HSG FIN AUT</name>
        <lei>N/A</lei>
        <title>Miami-Dade County Housing Finance Authority</title>
        <cusip>593344CB8</cusip>
        <identifiers>
          <isin value="US593344CB87"/>
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        <balance>3150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3173218.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</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>CHICAGO IL WSTWTR TRANSMISSION</name>
        <lei>N/A</lei>
        <title>City of Chicago IL Wastewater Transmission Revenue</title>
        <cusip>167727G75</cusip>
        <identifiers>
          <isin value="US167727G753"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>613194.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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 ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FQ57</cusip>
        <identifiers>
          <isin value="US45204FQ570"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1075839.20000000</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>2054-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
        <cusip>64966SNW2</cusip>
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          <isin value="US64966SNW25"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5596852.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KENTON CNTY KY ARPT BRD</name>
        <lei>N/A</lei>
        <title>Kenton County Airport Board</title>
        <cusip>491026VS6</cusip>
        <identifiers>
          <isin value="US491026VS61"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1059037.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PASADENA TX INDEP SCH DIST</name>
        <lei>549300QY114RR4MXVU24</lei>
        <title>Pasadena Independent School District</title>
        <cusip>702334GF4</cusip>
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          <isin value="US702334GF47"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200582.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST COPS</name>
        <lei>N/A</lei>
        <title>State of Colorado</title>
        <cusip>196711VD4</cusip>
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          <isin value="US196711VD48"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>655508.41000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOS ANGELES CA HARBOR DEPT</name>
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        <title>Port of Los Angeles</title>
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          <isin value="US544552C261"/>
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        <valUSD>3334440.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority</title>
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          <isin value="US542691EX44"/>
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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>1.50000000</annualizedRt>
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      <invstOrSec>
        <name>EL PASO CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>El Paso County Hospital District</title>
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          <isin value="US283590HH36"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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          <isin value="US56035DFC11"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IOWA ST FIN AUTH MIDWSTRN DISA</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246SAW5</cusip>
        <identifiers>
          <isin value="US46246SAW52"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>532588.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BEXLEY CDD FL SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
        <title>Bexley Community Development District</title>
        <cusip>088570AB2</cusip>
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          <isin value="US088570AB28"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100071.68000000</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>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.10000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
        <lei>549300C1OG9RDIM8ET06</lei>
        <title>California Infrastructure &amp; Economic Development Bank</title>
        <cusip>13034A5B2</cusip>
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          <isin value="US13034A5B23"/>
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        <balance>6160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6211474.19000000</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>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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 ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>70870FAN6</cusip>
        <identifiers>
          <isin value="US70870FAN69"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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 ANTONIO TX HSG TRUST PUBLI</name>
        <lei>N/A</lei>
        <title>San Antonio Housing Trust Public Facility Corp</title>
        <cusip>79626VAK5</cusip>
        <identifiers>
          <isin value="US79626VAK52"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2012760.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.19000000</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>BURLINGTON CNTY NJ BRIDGE COMM</name>
        <lei>N/A</lei>
        <title>Burlington County Bridge Commission</title>
        <cusip>121651QV8</cusip>
        <identifiers>
          <isin value="US121651QV84"/>
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        <balance>1830000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1842824.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS ST TECH CLG SYS FING SYS</name>
        <lei>N/A</lei>
        <title>Texas State Technical College</title>
        <cusip>88276REX6</cusip>
        <identifiers>
          <isin value="US88276REX61"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1347172.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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 ST FIN AUTH MIDWSTRN DISA</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246SAV7</cusip>
        <identifiers>
          <isin value="US46246SAV79"/>
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        <balance>3170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3644806.72000000</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>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</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>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
        <cusip>544445A58</cusip>
        <identifiers>
          <isin value="US544445A585"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>756349.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>EL PASO CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>El Paso County Hospital District</title>
        <cusip>283590HK6</cusip>
        <identifiers>
          <isin value="US283590HK64"/>
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        <balance>1105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1163728.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PORTLAND OR WTR SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Portland OR Water System Revenue</title>
        <cusip>736754PC0</cusip>
        <identifiers>
          <isin value="US736754PC06"/>
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        <balance>7090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7101348.96000000</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
        <cusip>544445A74</cusip>
        <identifiers>
          <isin value="US544445A742"/>
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        <balance>3150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3305466.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PIKE CNTY GA SCH DIST</name>
        <lei>N/A</lei>
        <title>Pike County School District</title>
        <cusip>721115CS0</cusip>
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          <isin value="US721115CS09"/>
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        <balance>455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>506401.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EL PASO CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>El Paso County Hospital District</title>
        <cusip>283590HJ9</cusip>
        <identifiers>
          <isin value="US283590HJ91"/>
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        <balance>1225000.00000000</balance>
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        <valUSD>1265182.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45203HU26</cusip>
        <identifiers>
          <isin value="US45203HU265"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>540224.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHAUTAUQUA CNTY NY CAPITAL RES</name>
        <lei>N/A</lei>
        <title>Chautauqua County Capital Resource Corp</title>
        <cusip>16254PAB9</cusip>
        <identifiers>
          <isin value="US16254PAB94"/>
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        <balance>5185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5262174.58000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
        <lei>N/A</lei>
        <title>City of Chicago IL Wastewater Transmission Revenue</title>
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        <identifiers>
          <isin value="US167727G670"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B5F1</cusip>
        <identifiers>
          <isin value="US65000B5F17"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1871441.43000000</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>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
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          <isin value="US83712EHZ07"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2043-11-01</maturityDt>
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      <invstOrSec>
        <name>MODESTO CA IRR DIST FING AUTH</name>
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          <isin value="US607769EL61"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-09-01</maturityDt>
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          <annualizedRt>3.34600000</annualizedRt>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
        <cusip>452152S69</cusip>
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          <isin value="US452152S696"/>
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        <balance>3455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3591042.35000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
        <lei>549300GROJFKMNLWEK84</lei>
        <title>Build NYC Resource Corp</title>
        <cusip>12008EUF1</cusip>
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          <isin value="US12008EUF14"/>
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        <balance>955000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>950293.19000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
        <lei>N/A</lei>
        <title>Providence Public Building Authority</title>
        <cusip>74381MCV5</cusip>
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          <isin value="US74381MCV54"/>
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        <curCd>USD</curCd>
        <valUSD>422151.32000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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          <isin value="US56035DJZ69"/>
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        <balance>15925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17245061.47000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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          <isin value="US89602N5P56"/>
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        <valUSD>777589.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>HILLSBOROUGH CNTY FL HSG FIN A</name>
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        <title>Hillsborough County Housing Finance Authority</title>
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          <isin value="US43232EDF34"/>
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        <balance>4380000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4407188.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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        <name>OHIO CNTY WV CNTY COMMISSION S</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VOLUSIA CNTY FL EDUCTNL FAC AU</name>
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          <maturityDt>2029-06-01</maturityDt>
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        <name>TRAVIS CNTY TX DEV AUTH CONTRA</name>
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          <isin value="US89441AAA51"/>
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        <name>HARTFORD CT SPL OBLIG</name>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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        <name>TOUCHSTONE CMNTY DEV DIST FL S</name>
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        <issuerCat>MUN</issuerCat>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MAIKER HSG PARTNERS CO MF HSG</name>
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        <name>OHIO ST AIR QUALITY DEV AUTH</name>
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        <name>RHODE ISLAND ST HLTH &amp; EDUCTNL</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>ILLINOIS ST</name>
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        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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        <name>IDAHO ST HLTH FACS AUTH REVENU</name>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <name>UTAH ST HSG CORP MF REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp</title>
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          <isin value="US917434DF68"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OHIO ST AIR QUALITY DEV AUTH</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>Ohio Air Quality Development Authority</title>
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          <isin value="US677525WD59"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-01</maturityDt>
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      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DBG6</cusip>
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          <isin value="US56035DBG60"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH EAST TX REGL MOBILITY AU</name>
        <lei>N/A</lei>
        <title>North East Texas Regional Mobility Authority</title>
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          <isin value="US659231BL73"/>
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        <curCd>USD</curCd>
        <valUSD>667773.78000000</valUSD>
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        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NORTH CAROLINA ST MED CARE COM</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
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          <isin value="US65821DZV62"/>
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        <curCd>USD</curCd>
        <valUSD>1364044.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN MUNI PWR-OHIO INC OH</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power Inc</title>
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          <isin value="US02765URN62"/>
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        <balance>2750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2821583.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Building Aid Revenue</title>
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        <identifiers>
          <isin value="US64972LAZ67"/>
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        <balance>3025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3481827.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NAVARRO TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Navarro Independent School District</title>
        <cusip>639285SW6</cusip>
        <identifiers>
          <isin value="US639285SW60"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3080297.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <title>Guam Government Waterworks Authority</title>
        <cusip>40065FEM2</cusip>
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          <isin value="US40065FEM23"/>
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        <balance>985000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1047614.58000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>REUNION E FL CDD SPL ASSMNT</name>
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        <title>Reunion East Community Development District</title>
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          <isin value="US761311AS82"/>
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        <valUSD>7583974.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>SALES TAX SECURITIZATION CORP</name>
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        <title>Sales Tax Securitization Corp</title>
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          <isin value="US79467BCR42"/>
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        <balance>3480000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LOWER COLORADO RIVER TX AUTH R</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority</title>
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          <isin value="US54811GS350"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CLARK CNTY NV POLL CONTROL REV</name>
        <lei>N/A</lei>
        <title>County of Clark NV</title>
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          <isin value="US181008BE29"/>
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        <name>WASHINGTON ST HLTH CARE FACS A</name>
        <lei>549300ZVPWQIL3N5TL85</lei>
        <title>Washington Health Care Facilities Authority</title>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
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        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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          <isin value="US44244CS570"/>
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        <name>HARTFORD CT SPL OBLIG</name>
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          <maturityDt>2032-07-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAYTOWN MUNI DEV DIST TX</name>
        <lei>N/A</lei>
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          <isin value="US073201AS44"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>VLG FL CDD #8 SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
        <title>Village Community Development District No 8</title>
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          <isin value="US92707XBN93"/>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CROSSWINDS AT SOUTH LAKE SPL I</name>
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        <title>Crosswinds at South Lake Special Improvement District</title>
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          <isin value="US22769KBA79"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STATE PUBLIC SCH BLDG AUTH PA</name>
        <lei>5493006JN0UR7OGWTO86</lei>
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          <isin value="US85732GUF52"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <title>Guam Government Waterworks Authority</title>
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          <isin value="US40065FEL40"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Building Aid Revenue</title>
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          <isin value="US64972LAY92"/>
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        <valUSD>3397057.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>UTAH ST HSG CORP MF REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp</title>
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          <isin value="US917434DL37"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4981273.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2045-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>MONTGOMERY CNTY OH HLTH CARE F</name>
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          <isin value="US613518CS68"/>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PHILADELPHIA PA ARPT REVENUE</name>
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          <isin value="US717817XH89"/>
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        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TOUCHSTONE CMNTY DEV DIST FL S</name>
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          <isin value="US89154GAL59"/>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>EAST LYME CT</name>
        <lei>N/A</lei>
        <title>Town of East Lyme CT</title>
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          <isin value="US273587U787"/>
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          <maturityDt>2026-08-06</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
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          <isin value="US507177AS25"/>
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        <name>BALTIMORE MD SPL OBLIG</name>
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          <isin value="US05923TDC09"/>
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        <name>CITYPLACE FL CDD SPL ASSMNT RE</name>
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        <name>CAMDEN CNTY NJ IMPT AUTH MF RE</name>
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        <title>Camden County Improvement Authority/The</title>
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        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
        <lei>549300ROY505NVTMMI25</lei>
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        <invCountry>US</invCountry>
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        <debtSec>
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      <invstOrSec>
        <name>MONTGOMERY CNTY OH HLTH CARE F</name>
        <lei>N/A</lei>
        <title>County of Montgomery OH</title>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
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          <couponKind>Fixed</couponKind>
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        <name>CHICAGO IL</name>
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          <isin value="US167486ZV46"/>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2031-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TBS1</cusip>
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          <isin value="US59447TBS15"/>
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        <curCd>USD</curCd>
        <valUSD>1218969.65000000</valUSD>
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        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORANGE CNTY FL HLTH FACS AUTHR</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
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          <isin value="US68450LGT61"/>
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        <curCd>USD</curCd>
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        <debtSec>
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      <invstOrSec>
        <name>CLIFTON TX HGR EDU FIN CORP ED</name>
        <lei>N/A</lei>
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          <isin value="US187145SD06"/>
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        <valUSD>1013883.30000000</valUSD>
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        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261ASU24"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <title>Guam Government Waterworks Authority</title>
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          <isin value="US40065FEK66"/>
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        <curCd>USD</curCd>
        <valUSD>513956.90000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HACKBERRY TX SPL ASSMNT CONTRA</name>
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          <isin value="US404518AK88"/>
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          <couponKind>Fixed</couponKind>
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        <name>LAKE FRANCES FL CDD SPL ASSMNT</name>
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      <invstOrSec>
        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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          <isin value="US44244CS406"/>
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        <name>ARIZONA ST HLTH FACS AUTH</name>
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        <title>Arizona Health Facilities Authority</title>
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          <isin value="US040507HN83"/>
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        <name>ILLINOIS ST SALES TAX REVENUE</name>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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      <invstOrSec>
        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>BIRMINGHAM MI PUBLIC SCHS</name>
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          <isin value="US091212HV58"/>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KING CNTY WA SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of King WA Sewer Revenue</title>
        <cusip>495290EF1</cusip>
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          <isin value="US495290EF18"/>
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        <curCd>USD</curCd>
        <valUSD>11159388.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority</title>
        <cusip>40065FEJ9</cusip>
        <identifiers>
          <isin value="US40065FEJ93"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>605586.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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 ST HSG FIN AGY ST PER</name>
        <lei>5493000LS7KCDB02O506</lei>
        <title>New York State Housing Finance Agency</title>
        <cusip>649870NF5</cusip>
        <identifiers>
          <isin value="US649870NF58"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1009748.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.45000000</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>WSTRN MN MUNI PWR AGY</name>
        <lei>549300LFJK9CQSN2NJ11</lei>
        <title>Western Minnesota Municipal Power Agency</title>
        <cusip>958697LF9</cusip>
        <identifiers>
          <isin value="US958697LF98"/>
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        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>825000.00000000</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>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20775DZS4</cusip>
        <identifiers>
          <isin value="US20775DZS43"/>
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        <balance>22000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24263100.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GALVESTON TX WHARVES &amp; TERMINA</name>
        <lei>N/A</lei>
        <title>City of Galveston TX Wharves &amp; Terminal Revenue</title>
        <cusip>364568KG9</cusip>
        <identifiers>
          <isin value="US364568KG95"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>419960.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
        <lei>N/A</lei>
        <title>Arlington County Industrial Development Authority</title>
        <cusip>041438HF2</cusip>
        <identifiers>
          <isin value="US041438HF28"/>
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        <balance>4225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4566272.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORFOLK VA REDEV &amp; HSG AUTH MF</name>
        <lei>N/A</lei>
        <title>Norfolk Redevelopment &amp; Housing Authority</title>
        <cusip>655904BX7</cusip>
        <identifiers>
          <isin value="US655904BX73"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125769.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HILLSBOROUGH CNTY FL HSG FIN A</name>
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        <title>Hillsborough County Housing Finance Authority</title>
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          <isin value="US43232EDB20"/>
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        <balance>1755000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1758258.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LARIMER CNTY CO COPS</name>
        <lei>N/A</lei>
        <title>County of Larimer CO</title>
        <cusip>517132DQ6</cusip>
        <identifiers>
          <isin value="US517132DQ68"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1316302.65000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CO HIGH PERFORMANCE TRANSPRTN</name>
        <lei>N/A</lei>
        <title>Colorado High Performance Transportation Enterprise</title>
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        <identifiers>
          <isin value="US19648DAC39"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>991810.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>WICHITA KS MF HSG REVENUE</name>
        <lei>549300Y20JVN3VP2V718</lei>
        <title>City of Wichita KS</title>
        <cusip>967276GD2</cusip>
        <identifiers>
          <isin value="US967276GD22"/>
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        <balance>4250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4262324.58000000</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>2030-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
        <title>Metropolitan Pier &amp; Exposition Authority</title>
        <cusip>592247J35</cusip>
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          <isin value="US592247J355"/>
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        <balance>3520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3102280.54000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UTAH ST HSG CORP MF REVENUE</name>
        <lei>549300YXWQEI0S47WI02</lei>
        <title>Utah Housing Corp</title>
        <cusip>917434DJ8</cusip>
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          <isin value="US917434DJ80"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1258403.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DETROIT MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
        <title>City of Detroit MI</title>
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          <isin value="US2510933R96"/>
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        <balance>1100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
        <lei>N/A</lei>
        <title>City &amp; County of Denver CO Airport System Revenue</title>
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        <identifiers>
          <isin value="US249182RX62"/>
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        <balance>1260000.00000000</balance>
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        <name>MICHIGAN ST FIN AUTH LTD OBLIG</name>
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        <title>Michigan Finance Authority</title>
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          <isin value="US594479HM27"/>
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        <balance>95000.00000000</balance>
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          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOUCHSTONE CMNTY DEV DIST FL S</name>
        <lei>N/A</lei>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>CROSSWINDS AT SOUTH LAKE SPL I</name>
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        <name>KEYS EDGE CDD FL SPL ASSMNT</name>
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        <name>SAN ANTONIO TX WTR REVENUE</name>
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        <name>AUSTIN TX CMNTY CLG DIST PUBLI</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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        <name>HUTTO TX INDEP SCH DIST</name>
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          <maturityDt>2031-07-01</maturityDt>
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          <maturityDt>2032-09-01</maturityDt>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <title>Massachusetts Development Finance Agency</title>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>IRVINE CA UNIF SCH DIST SPL TA</name>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <name>PHOENIX AZ CIVIC IMPT CORP DIS</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>MUNI ELEC AUTH OF GA</name>
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        <name>VERANDAH E CDD FL SPL ASSMNT R</name>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <name>SOUTH SLOANS LAKE MET DIST #2</name>
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        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>BELLAGIO CDD FL SPL ASSMNT</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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          <annualizedRt>5.00000000</annualizedRt>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MICHIGAN ST HOSP FIN AUTH</name>
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        <title>Michigan State Hospital Finance Authority</title>
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          <maturityDt>2055-08-15</maturityDt>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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          <maturityDt>2028-08-15</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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        <name>ARIZONA ST INDL DEV AUTH SENIO</name>
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        <name>PASSAIC CNTY NJ IMPT AUTH CHRT</name>
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        <name>SOUTH SLOANS LAKE MET DIST #2</name>
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        <name>EL RANCHO CA UNIF SCH DIST</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WM60</cusip>
        <identifiers>
          <isin value="US66285WM601"/>
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        <balance>6500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6500000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>BIRMINGHAM MI PUBLIC SCHS</name>
        <lei>N/A</lei>
        <title>Birmingham City School District/MI</title>
        <cusip>091212HU7</cusip>
        <identifiers>
          <isin value="US091212HU75"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>377856.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>KAUFMAN CNTY TX FRESH WTR SPLY</name>
        <lei>N/A</lei>
        <title>Kaufman County Fresh Water Supply District No 1-D</title>
        <cusip>48618TBG3</cusip>
        <identifiers>
          <isin value="US48618TBG31"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>213198.67000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>CANYONS MET DIST #5 CO</name>
        <lei>N/A</lei>
        <title>Canyons Metropolitan District No 5</title>
        <cusip>139071AH7</cusip>
        <identifiers>
          <isin value="US139071AH76"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237481.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>ORANGE CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
        <cusip>68450LHT5</cusip>
        <identifiers>
          <isin value="US68450LHT52"/>
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        <balance>1295000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1348786.01000000</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>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
        <cusip>735389Z84</cusip>
        <identifiers>
          <isin value="US735389Z847"/>
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        <balance>4860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5006762.28000000</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>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
        <lei>N/A</lei>
        <title>City of Laguna Beach CA</title>
        <cusip>507177AM5</cusip>
        <identifiers>
          <isin value="US507177AM54"/>
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        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245618.43000000</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>2029-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B5D6</cusip>
        <identifiers>
          <isin value="US65000B5D68"/>
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        <balance>1375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1426583.54000000</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>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>FORT WORTH TX SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
        <title>City of Fort Worth TX</title>
        <cusip>349506AJ4</cusip>
        <identifiers>
          <isin value="US349506AJ41"/>
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        <balance>605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>629137.50000000</valUSD>
        <pctVal>0.012138379886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>NORTH CAROLINA ST MED CARE COM</name>
        <lei>549300FH6KOXGCHQYG81</lei>
        <title>North Carolina Medical Care Commission</title>
        <cusip>65820YVH6</cusip>
        <identifiers>
          <isin value="US65820YVH60"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1251459.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FZA6</cusip>
        <identifiers>
          <isin value="US45204FZA64"/>
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        <balance>815000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>857569.49000000</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>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANYONS MET DIST #5 CO</name>
        <lei>N/A</lei>
        <title>Canyons Metropolitan District No 5</title>
        <cusip>139071AG9</cusip>
        <identifiers>
          <isin value="US139071AG93"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259080.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CA CITY &amp; CNTY I</name>
        <lei>N/A</lei>
        <title>City &amp; County San Francisco CA Infrastructure &amp; Revitalization Fing Dist 1 Facs</title>
        <cusip>79773NAA6</cusip>
        <identifiers>
          <isin value="US79773NAA63"/>
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        <balance>100000.00000000</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>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KAUFMAN CNTY TX FRESH WTR SPLY</name>
        <lei>N/A</lei>
        <title>Kaufman County Fresh Water Supply District No 1-D</title>
        <cusip>48618TBH1</cusip>
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          <isin value="US48618TBH14"/>
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        <balance>260000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
        <cusip>400653KP5</cusip>
        <identifiers>
          <isin value="US400653KP50"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>527382.80000000</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>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
        <cusip>68450LHS7</cusip>
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          <isin value="US68450LHS79"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ORANGE CNTY NY FUNDING CORP</name>
        <lei>N/A</lei>
        <title>Orange County Funding Corp</title>
        <cusip>684594BN3</cusip>
        <identifiers>
          <isin value="US684594BN39"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1080309.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
        <lei>N/A</lei>
        <title>City of Laguna Beach CA</title>
        <cusip>507177AN3</cusip>
        <identifiers>
          <isin value="US507177AN38"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>LOUISIANA ST HSG CORP MF HSG R</name>
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        <name>LEE CNTY FL INDL DEV AUTH HLTH</name>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>SPRING BRANCH TX INDEP SCH DIS</name>
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        <name>MOBILE AL INDL DEV BRD POLL CO</name>
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        <name>WILL CNTY IL FOREST PRESERVE D</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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      <invstOrSec>
        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>MINNESOTA ST</name>
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          <isin value="US60412AF409"/>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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      <invstOrSec>
        <name>FIDDLERS CREEK FL CDD #2 SPL A</name>
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          <isin value="US31573QAV68"/>
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      <invstOrSec>
        <name>LAKESHORE VLGS LA MASTER CDD S</name>
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      <invstOrSec>
        <name>FORT WORTH TX SPL ASSMNT REVEN</name>
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          <isin value="US349506AH84"/>
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        <name>CANYONS MET DIST #5 CO</name>
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          <isin value="US139071AK06"/>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>SPRING BRANCH TX INDEP SCH DIS</name>
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        <name>WEST JEFFERSON AL INDL DEV BRD</name>
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        <name>ORANGE CNTY NY FUNDING CORP</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARRIS CNTY TX</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ABBOTT SQUARE CDD FL SPL ASSMN</name>
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          <isin value="US00284AAG94"/>
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      <invstOrSec>
        <name>NEW YORK ST ENVRNMNTL FACS COR</name>
        <lei>549300QJ33JJW73OQO60</lei>
        <title>New York State Environmental Facilities Corp</title>
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          <isin value="US64986DBP96"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGANY CNTY NY CAPITAL RESOU</name>
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          <isin value="US017095AL47"/>
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        <curCd>USD</curCd>
        <valUSD>304200.82000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
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          <isin value="US97712JKF92"/>
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        <curCd>USD</curCd>
        <valUSD>10594690.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <title>California Community Choice Financing Authority</title>
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          <isin value="US13013JBJ43"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK ST URBAN DEV CORP REV</name>
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          <isin value="US6500356U70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>GUAM PWR AUTH REVENUE</name>
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        <title>Guam Power Authority</title>
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          <isin value="US400653KN03"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LINCOLN CNTY OR SCH DIST</name>
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        <title>Lincoln County School District/OR</title>
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        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>LANSING MICH BRD WTR &amp; LT UTIL</name>
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        <name>JACKSBORO TX INDEP SCH DIST</name>
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        <name>HAWAII ST ARPTS SYS REVENUE</name>
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        <name>ABBOTT SQUARE CDD FL SPL ASSMN</name>
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        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
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      <invstOrSec>
        <name>CHANDLER AZ INDL DEV AUTH INDL</name>
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        <name>BLUEWATERS FL CDD SPL ASSMNT</name>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261AJ405"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>OAK RIDGE TN HSG AUTH MF HSG R</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>UNIV OF HOUSTON TX UNIV REVENU</name>
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          <isin value="US914302EY60"/>
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        <valUSD>10010344.00000000</valUSD>
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        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648FKC76"/>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>ILLINOIS ST</name>
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        <invCountry>US</invCountry>
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        <name>FRANKLIN CNTY OH HLTH CARE FAC</name>
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        <name>NEW YORK ST HSG FIN AGY AFFORD</name>
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        <title>New York State Housing Finance Agency</title>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>KING CNTY WA SCH DIST #216 ENU</name>
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        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <name>CHANDLER AZ INDL DEV AUTH INDL</name>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
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        <name>DENVER CO HLTH &amp; HOSP AUTH HLT</name>
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        <name>MINNEAPOLIS MN</name>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <name>BRANSON MO INDL DEV AUTH TAX I</name>
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      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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      <invstOrSec>
        <name>TEXAS TRANSPRTN COMMISSION ST</name>
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          <isin value="US88283LKX37"/>
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          <maturityDt>2026-04-01</maturityDt>
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      <invstOrSec>
        <name>CO HIGH PERFORMANCE TRANSPRTN</name>
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        <debtSec>
          <maturityDt>2047-12-31</maturityDt>
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        <name>JULINGTON CREEK PLANTATION FLC</name>
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          <isin value="US481367BN92"/>
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      <invstOrSec>
        <name>LOUISIANA ST OFFSHORE TERMINAL</name>
        <lei>N/A</lei>
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          <isin value="US546510FT07"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TRADITION CDD #9 FL SPL ASSMNT</name>
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        <title>Tradition Community Development District No 9</title>
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          <isin value="US89269NAB47"/>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.70000000</annualizedRt>
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      <invstOrSec>
        <name>EAGLE CNTY CO HSG &amp; DEV AUTH M</name>
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          <isin value="US26947XAA63"/>
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        <name>ILLINOIS ST</name>
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          <isin value="US452152G964"/>
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        <name>TEXAS ST DEPT OF HSG &amp; CMNTY A</name>
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        <name>BURLINGTON KS ENVRN IMPT REVEN</name>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
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      <invstOrSec>
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          <isin value="US65829QDX97"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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          <isin value="US45204FJ971"/>
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        <curCd>USD</curCd>
        <valUSD>335873.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>VIRGINIA CLG BLDG AUTH EDUCTNL</name>
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          <isin value="US92778FKM40"/>
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        <curCd>USD</curCd>
        <valUSD>320703.84000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>V-DANA CDD FL SPL ASSMNT</name>
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          <isin value="US91822RAF29"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>489514.35000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <isin value="US67886UAT88"/>
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        <balance>625000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY NY HSG DEV CORP</name>
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        <title>New York City Housing Development Corp</title>
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          <isin value="US64966TGW80"/>
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        <curCd>USD</curCd>
        <valUSD>1023759.50000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARTISAN LAKES EAST CDD FL CAPI</name>
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        <title>Artisan Lakes East Community Development District</title>
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          <isin value="US04316FAF45"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237091.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>YONKERS NY</name>
        <lei>N/A</lei>
        <title>City of Yonkers NY</title>
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          <isin value="US986082U860"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>209359.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>STHRN CA LOGISTICS ARPT AUTH</name>
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          <isin value="US842472EC22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <balance>3833000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-07-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>PIEDMONT SC MUNI PWR AGY ELEC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
          <couponKind>None</couponKind>
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        <name>EL CENTRO CA ELEM SCH DIST</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>OKLAHOMA HSG FIN AGY COLLATERA</name>
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        <name>S FORK FL E CDD CAPITAL IMPT R</name>
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        <name>KANSAS CITY MO SPL OBLG</name>
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        <name>MONROE CNTY NY INDL DEV AGY MF</name>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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        <title>County of Miami-Dade FL Aviation Revenue</title>
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          <isin value="US59333PR759"/>
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      <invstOrSec>
        <name>LEHIGH CNTY PA GEN PURPOSE HOS</name>
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          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF WTR &amp; P</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNLF</name>
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        <cusip>20775DZL9</cusip>
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          <isin value="US20775DZL99"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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        <name>MANOR TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Manor TX</title>
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          <isin value="US564099AZ22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NEBRASKA ST INVESTMENT FIN AUT</name>
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        <title>Nebraska Investment Finance Authority</title>
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          <isin value="US63967MFW55"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO CMWLTH</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
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        <name>TROPHY CLUB TX PUBLIC IMPT DIS</name>
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        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
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          <maturityDt>2041-11-15</maturityDt>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US13048VBF40"/>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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        <name>HIDALGO CNTY TX</name>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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        <name>OKLAHOMA HSG FIN AGY COLLATERA</name>
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        <name>SAN JOSE CA MF HSG REVENUE</name>
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        <title>City of San Jose CA</title>
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      </invstOrSec>
      <invstOrSec>
        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>NASH HLTH CARE SYS NC HLTH CAR</name>
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          <isin value="US631163BK75"/>
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        <curCd>USD</curCd>
        <valUSD>2768835.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>STHRN CA LOGISTICS ARPT AUTH</name>
        <lei>N/A</lei>
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          <isin value="US842472ED05"/>
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        <curCd>USD</curCd>
        <valUSD>347730.42000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL TRUST AUTH FL HLTH CAR</name>
        <lei>N/A</lei>
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        <cusip>14055GAA7</cusip>
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          <isin value="US14055GAA76"/>
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        <balance>4250000.00000000</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>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>S FORK FL E CDD CAPITAL IMPT R</name>
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          <isin value="US83786RBD70"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>56009.45000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FLOW WAY FL CMNTY DEV DIST SPL</name>
        <lei>N/A</lei>
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          <isin value="US34347VAU61"/>
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        <curCd>USD</curCd>
        <valUSD>812233.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HARTFORD CNTY CT MET DIST</name>
        <lei>549300CEZQKAR15IFS62</lei>
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        <cusip>416489TZ5</cusip>
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          <isin value="US416489TZ55"/>
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        <balance>5540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5668859.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONA</name>
        <lei>N/A</lei>
        <title>Chicago O'Hare International Airport</title>
        <cusip>1675935S7</cusip>
        <identifiers>
          <isin value="US1675935S79"/>
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        <balance>420000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>468218.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TROPHY CLUB TX PUBLIC IMPT DIS</name>
        <lei>N/A</lei>
        <title>Town of Trophy Club TX Public Improvement District No 1</title>
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          <isin value="US89706PAW41"/>
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        <balance>528000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>558537.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALBANY NY CAPITAL RESOURCE COR</name>
        <lei>N/A</lei>
        <title>Albany Capital Resource Corp</title>
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          <isin value="US012432DY34"/>
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        <balance>345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>346313.38000000</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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          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514L3J47"/>
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        <balance>478771.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525980.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
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          <annualizedRt>5.75000000</annualizedRt>
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        <name>LANDMARK AT DORAL FL CMNTY DIS</name>
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          <isin value="US51504NAW39"/>
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        <balance>575000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>TSR CDD FL SPL ASSMNT REVENUE</name>
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          <isin value="US89854CAJ27"/>
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        <name>S FORK FL E CDD CAPITAL IMPT R</name>
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        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
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          <isin value="US400653JU64"/>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
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          <isin value="US40064RFM60"/>
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        <name>LINCOLN CNTY OR SCH DIST</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
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        <name>E-470 CO PUBLIC HIGHWAY AUTH</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>TRAILS AT CROWFOOT MET DIST #3</name>
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        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
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        <name>CANYONS MET DIST #5 CO</name>
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        <name>TRAILS AT CROWFOOT MET DIST #3</name>
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        <name>SELMA AL INDL DEV BRD REVENUE</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-11-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN ANTONIO TX HSG TRUST PUBLI</name>
        <lei>N/A</lei>
        <title>San Antonio Housing Trust Public Facility Corp</title>
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          <isin value="US79626VAF67"/>
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        <curCd>USD</curCd>
        <valUSD>1072512.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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        <identifiers>
          <isin value="US452153AE93"/>
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        <curCd>USD</curCd>
        <valUSD>2759920.90000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FVH5</cusip>
        <identifiers>
          <isin value="US45204FVH53"/>
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        <balance>12575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12870839.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.69300000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST STWD CMNTYS DEV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>13077EEK2</cusip>
        <identifiers>
          <isin value="US13077EEK29"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>670915.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
        <cusip>15114CHS6</cusip>
        <identifiers>
          <isin value="US15114CHS61"/>
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        <balance>605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>613003.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ATLANTA GA URBAN RSDL FIN AUTH</name>
        <lei>N/A</lei>
        <title>Atlanta Urban Residential Finance Authority</title>
        <cusip>04785VCF9</cusip>
        <identifiers>
          <isin value="US04785VCF94"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1453181.16000000</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>2029-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000000</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>TRAILS AT MONTEREY FL CDD SPL</name>
        <lei>N/A</lei>
        <title>Trails at Monterey Community Development District</title>
        <cusip>892869AR9</cusip>
        <identifiers>
          <isin value="US892869AR90"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>145144.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AJ24</cusip>
        <identifiers>
          <isin value="US59261AJ249"/>
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        <balance>4250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4301635.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
        <lei>N/A</lei>
        <title>Lancaster Municipal Authority</title>
        <cusip>514350AE7</cusip>
        <identifiers>
          <isin value="US514350AE75"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>194393.84000000</valUSD>
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        <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>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SALES TAX SECURITIZATION CORP</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp</title>
        <cusip>79467BEC5</cusip>
        <identifiers>
          <isin value="US79467BEC54"/>
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        <balance>5235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5356832.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HONOLULU CITY &amp; CNTY HI MF REV</name>
        <lei>N/A</lei>
        <title>City &amp; County of Honolulu HI</title>
        <cusip>438697BQ6</cusip>
        <identifiers>
          <isin value="US438697BQ66"/>
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        <balance>7040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7094382.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLUEWATERS FL CDD SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Bluewaters Community Development District</title>
        <cusip>09624PAE1</cusip>
        <identifiers>
          <isin value="US09624PAE16"/>
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        <balance>1869000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2024445.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PONDER TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Ponder Independent School District</title>
        <cusip>732402JQ6</cusip>
        <identifiers>
          <isin value="US732402JQ60"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1833168.06000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2051-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
        <lei>N/A</lei>
        <title>Lancaster Municipal Authority</title>
        <cusip>514350AD9</cusip>
        <identifiers>
          <isin value="US514350AD92"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>222689.95000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST PUBLIC FIN AUTH REVEN</name>
        <lei>N/A</lei>
        <title>Texas Public Finance Authority</title>
        <cusip>88277PAN5</cusip>
        <identifiers>
          <isin value="US88277PAN50"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635763.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA ST TRANSPRTN BRD HIGHW</name>
        <lei>N/A</lei>
        <title>Arizona Department of Transportation State Highway Fund Revenue</title>
        <cusip>040654YH2</cusip>
        <identifiers>
          <isin value="US040654YH24"/>
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        <balance>3800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3943146.76000000</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>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
        <cusip>74514L3R6</cusip>
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          <isin value="US74514L3R62"/>
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        <balance>584255.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>422792.86000000</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>2033-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>HOUSTON TX WTR &amp; SWR SYS REVEN</name>
        <lei>N/A</lei>
        <title>City of Houston TX Combined Utility System Revenue</title>
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          <isin value="US4424365R87"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FOUNTAINBLEAU LAKES FL CDD ASS</name>
        <lei>N/A</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>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
        <lei>54930020ZN4LQF7K3456</lei>
        <title>Triborough Bridge &amp; Tunnel Authority</title>
        <cusip>89602HHY6</cusip>
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          <isin value="US89602HHY62"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
        <cusip>64542UGZ1</cusip>
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          <isin value="US64542UGZ12"/>
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        <valUSD>469308.06000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
        <lei>N/A</lei>
        <title>Lancaster Municipal Authority</title>
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          <isin value="US514350AF41"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRAILS AT CROWFOOT MET DIST #3</name>
        <lei>N/A</lei>
        <title>Trails at Crowfoot Metropolitan District No 3</title>
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          <isin value="US89286RAJ77"/>
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        <valUSD>116039.19000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BOONE CNTY KY POLL CONTROL REV</name>
        <lei>N/A</lei>
        <title>County of Boone KY</title>
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          <isin value="US098792AQ71"/>
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        <balance>5040000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5071917.82000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST PUBLIC FIN AUTH REVEN</name>
        <lei>N/A</lei>
        <title>Texas Public Finance Authority</title>
        <cusip>88277PAM7</cusip>
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          <isin value="US88277PAM77"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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          <isin value="US64542UGY47"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>E-470 CO PUBLIC HIGHWAY AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
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        <name>REUNION W FL CDD SPL ASSMNT</name>
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        <title>Reunion West Community Development District</title>
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        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>DETROIT MI SWR DISP SYS REVENU</name>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <name>TRAILS AT CROWFOOT MET DIST #3</name>
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          <isin value="US89286RAG39"/>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
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          <maturityDt>2042-08-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>CHINO CA CMNTY FACS DIST SPL T</name>
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          <maturityDt>2029-09-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US646136XE61"/>
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        <curCd>USD</curCd>
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        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>MIRABELLA CDD FL CAPITAL IMPT</name>
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          <isin value="US60458GAF28"/>
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          <maturityDt>2027-05-01</maturityDt>
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          <isin value="US34347VBA98"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GRAND BAY AT DORAL FL CDD</name>
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          <isin value="US38522UAV44"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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          <isin value="US018444BS78"/>
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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>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>KILGORE TX INDEP SCH DIST</name>
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        <name>REGL CO TRANSPRTN DIST PRIV AC</name>
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          <isin value="US759151AY99"/>
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        <name>ONTARIO CA CMNTY FACS DIST #43</name>
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        <name>SAINT JOHN THE BAPTIST PARISH</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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      <invstOrSec>
        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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      <invstOrSec>
        <name>ABERDEEN FL CDD SPL ASSMNT</name>
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        <name>REUNION W FL CDD SPL ASSMNT</name>
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          <isin value="US761316AZ13"/>
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        <curCd>USD</curCd>
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          <maturityDt>2027-05-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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          <isin value="US13032U4W54"/>
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        <curCd>USD</curCd>
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          <maturityDt>2032-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW HAVEN CT</name>
        <lei>549300U4OHEAZ124LQ06</lei>
        <title>City of New Haven CT</title>
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          <isin value="US645021CQ70"/>
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        <curCd>USD</curCd>
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          <maturityDt>2026-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ALABAMA FEDERAL AID HIGHWAY FI</name>
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          <isin value="US010268DY37"/>
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        <name>MASSACHUSETTS ST HLTH &amp; EDUCTN</name>
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          <maturityDt>2030-11-01</maturityDt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US646136XF37"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>ABBOTT SQUARE CDD FL SPL ASSMN</name>
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        <title>Abbott Square Community Development District</title>
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        <name>AUSTIN TX AFFORDABLE PUBLIC FA</name>
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        <title>City of Quincy MA</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <name>ILLINOIS ST</name>
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        <name>CHICAGO IL</name>
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        <name>NEW HAMPSHIRE ST HLTH &amp; EDU FA</name>
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        <name>GRAND BAY AT DORAL FL CDD</name>
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        <name>CALIFORNIA ST STWD CMNTYS DEV</name>
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        <title>California Statewide Communities Development Authority</title>
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        <balance>675000.00000000</balance>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <name>SPARKS NV TOURISM IMPT DIST #1</name>
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          <maturityDt>2028-06-15</maturityDt>
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        <name>LAREDO TX INDEP SCH DIST</name>
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        <name>CENTURY GARDENS FL CDD SPL ASS</name>
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          <isin value="US15652RAJ86"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ATLANTA GA URBAN RSDL FIN AUTH</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <name>SAINT JOHN THE BAPTIST PARISH</name>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <name>AKRON BATH COPLEY JT TWP OH HO</name>
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        <name>CENTURY GARDENS FL CDD SPL ASS</name>
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        <name>LOUISIANA ST HSG CORP MF HSG R</name>
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        <name>NORTH SLOPE BORO AK</name>
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        <name>STC MET DIST #2 CO</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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      <invstOrSec>
        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <name>INDIANA ST FIN AUTH ENVRNMNTL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS ST</name>
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        <name>ABERDEEN FL CDD SPL ASSMNT</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>TRANSBAY JT POWERS AUTH CA</name>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ POLL CONTROLC</name>
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          <isin value="US566854EL57"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-06-01</maturityDt>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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          <isin value="US97712JGW71"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REUNION W FL CDD SPL ASSMNT</name>
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        <title>Reunion West Community Development District</title>
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          <isin value="US761316BA52"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>393266.04000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
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          <isin value="US74529JPV16"/>
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        <balance>4802000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4803781.54000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B4G0</cusip>
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          <isin value="US65000B4G09"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>371074.66000000</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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          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>STAR INTERNATIONAL ACADEMY MI</name>
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        <title>Star International Academy</title>
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          <isin value="US855138AL72"/>
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        <curCd>USD</curCd>
        <valUSD>773984.44000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
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          <isin value="US64972JJJ88"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LEHIGH CNTY PA GEN PURPOSE AUT</name>
        <lei>N/A</lei>
        <title>Lehigh County General Purpose Authority</title>
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          <isin value="US52480RFM79"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>572488.11000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>MATAGORDA CNTY TX NAV DIST #1</name>
        <lei>N/A</lei>
        <title>Matagorda County Navigation District No 1</title>
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          <isin value="US576528DV28"/>
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        <fairValLevel>2</fairValLevel>
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        <name>VENETIAN PARC CDD FL SPL ASSMN</name>
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        <name>DETROIT MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.96000000</annualizedRt>
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        <name>TALIS PARK CMNTY DEV DIST FL C</name>
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          <isin value="US874249BA22"/>
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          <maturityDt>2029-05-01</maturityDt>
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        <name>WESTMORELAND CNTY PA INDL DEV</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <title>Washington State Housing Finance Commission</title>
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        <name>DULUTH MN INDEP SCH DIST #709</name>
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        <name>SAN MATEO CA UNION HIGH SCH DI</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WATERFORD MI SCH DIST</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSG OPTIONS INC TX MF REVENUE</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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          <isin value="US45204FVU64"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST HSG FIN CORP MF MTG</name>
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        <title>Florida Housing Finance Corp</title>
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          <isin value="US34074HHT23"/>
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        <balance>1875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1877986.13000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
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          <annualizedRt>3.15000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANDMINE ROAD CDD FL SPL ASSMN</name>
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        <cusip>800063AB5</cusip>
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          <isin value="US800063AB53"/>
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        <balance>400000.00000000</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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          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLUMBUS-FRANKLIN CNTY OH FIN</name>
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        <title>Columbus-Franklin County Finance Authority</title>
        <cusip>19910XAK2</cusip>
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        <balance>1200000.00000000</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>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.03000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B4F2</cusip>
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          <isin value="US65000B4F26"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260769.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>WASHINGTON ST UNIV REVENUES</name>
        <lei>N/A</lei>
        <title>Washington State University</title>
        <cusip>940094FM2</cusip>
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          <isin value="US940094FM29"/>
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        <balance>2080000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHELPS CNTY MO HOSP REVENUE</name>
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        <balance>430000.00000000</balance>
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        <valUSD>472620.87000000</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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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>SCRANTON-LACKAWANNA PA HLTH &amp;</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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        <name>ILLINOIS ST</name>
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        <name>STC MET DIST #2 CO</name>
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        <name>OAK CREEK FL CDD SPL ASSMNT</name>
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        <name>AVENTURA ISLES CMNTY DEV DISTF</name>
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      <invstOrSec>
        <name>DIST OF COLUMBIA INCOME TAX SE</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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          <maturityDt>2026-09-01</maturityDt>
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        <name>DALLAS TX WTRWKS &amp; SWR SYS REV</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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          <isin value="US74440DEN03"/>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GTR ASHEVILLE REGL ARPT AUTH N</name>
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        <name>SCRANTON-LACKAWANNA PA HLTH &amp;</name>
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        <name>CHARLOTTE-MECKLENBURG NC HOSP</name>
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        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
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        <name>STC MET DIST #2 CO</name>
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        <name>ERIE PA HGR EDU BLDG AUTH</name>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>REGL CO TRANSPRTN DIST PRIV AC</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>FRANKLIN CNTY OH CONVENTION FA</name>
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          <isin value="US353174KL89"/>
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        <name>EAGLE MOUNTAIN &amp; SAGINAW TX IN</name>
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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>SCRANTON-LACKAWANNA PA HLTH &amp;</name>
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        <name>GREENVILLE SC HSG AUTH MF HSG</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <title>City of Chicago IL Wastewater Transmission Revenue</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>STOREY PARK FL CDD SPL ASSMNT</name>
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          <isin value="US86216RAK59"/>
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        <name>RANCHO CORDOVA CA CMNTY FACS D</name>
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          <isin value="US75211RGS04"/>
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        <name>PORTLAND OR SWR SYS REVENUE</name>
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          <isin value="US736742J329"/>
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        <name>DULUTH MN INDEP SCH DIST #709</name>
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        <name>DELAWARE VLY PA REGL FIN AUTH</name>
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        <name>FORSYTH MT POLL CONTROL REVENU</name>
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        <name>OWEN CNTY KY WTR FACS REVENUE</name>
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        <name>LOUISIANA ST OFFSHORE TERMINAL</name>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SENIOR LI</name>
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        <name>OKLAHOMA ST CAPITOL IMPT AUTH</name>
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          <maturityDt>2027-10-01</maturityDt>
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          <maturityDt>2030-08-01</maturityDt>
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        <name>STC MET DIST #2 CO</name>
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        <name>CONROE TX INDEP SCH DIST</name>
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        <name>TALIS PARK CMNTY DEV DIST FL C</name>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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        <title>Long Island Power Authority</title>
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        <name>ALASKA ST</name>
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        <name>ALABAMA ST HSG FIN AUTH MF HSG</name>
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        <name>STC MET DIST #2 CO</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>GRAND BAY AT DORAL FL CDD</name>
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        <name>NATIONAL FIN AUTH NH SENIOR LI</name>
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          <maturityDt>2031-06-01</maturityDt>
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          <annualizedRt>1.10000000</annualizedRt>
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        <name>SCRANTON-LACKAWANNA PA HLTH &amp;</name>
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          <maturityDt>2027-11-01</maturityDt>
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        <name>STC MET DIST #2 CO</name>
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          <isin value="US85780TAQ67"/>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US65821BAM72"/>
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        <name>ALASKA ST</name>
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          <maturityDt>2027-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CLEVELAND OH ARPT SYS 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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          <maturityDt>2026-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>MISSOURI ST ENVRNMNTL IMPT &amp; E</name>
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        <name>CHICAGO IL PARK DIST</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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          <isin value="US13013JEP75"/>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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        <name>LEE CNTY FL HSG FIN AUTH MF HS</name>
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          <isin value="US13048V2B30"/>
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      <invstOrSec>
        <name>MIRABELLA CDD FL CAPITAL IMPT</name>
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        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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          <isin value="US207758J465"/>
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        <balance>1500000.00000000</balance>
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        <name>CORDOBA RANCH CMNTY DEV DIST F</name>
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          <isin value="US21853FAE07"/>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
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          <isin value="US57585BEB09"/>
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        <name>CHESAPEAKE VA REDEV &amp; HSG AUTH</name>
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          <isin value="US165328BA29"/>
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        <fairValLevel>2</fairValLevel>
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        <name>COLORADO ST HSG FIN AUTH MF HS</name>
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        <title>Colorado Housing and Finance Authority</title>
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          <isin value="US19647PDR10"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>IOWA ST FIN AUTH REVENUE</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46247SBG8</cusip>
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          <isin value="US46247SBG84"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KNOXVILLE TN CMNTY DEV CORP MF</name>
        <lei>N/A</lei>
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          <isin value="US499743CX88"/>
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        <name>SPOTSYLVANIA CNTY VA ECON DEVA</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57584YB409"/>
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        <name>VIZCAYA IN KENDALL FL CDD SPLA</name>
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        <name>NORTHERN IL UNIV REVENUES</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US13048V2C13"/>
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        <name>LEE CNTY FL HSG FIN AUTH MF HS</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>KING CNTY WA SCH DIST #216 ENU</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>DALLAS CNTY TX FLOOD CONTROL D</name>
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          <isin value="US234662DY76"/>
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          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>OKLAHOMA ST CAPITOL IMPT AUTH</name>
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        <title>Oklahoma Capitol Improvement Authority</title>
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          <isin value="US679088MY77"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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        <title>Mississippi Development Bank</title>
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          <isin value="US60534XWT98"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MONTANA ST BRD OF HSG SF MTGE</name>
        <lei>N/A</lei>
        <title>Montana Board of Housing</title>
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          <isin value="US61212WXU43"/>
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          <maturityDt>2026-12-01</maturityDt>
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        <name>EAST BATON ROUGE PARISH LA CAP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
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          <isin value="US57421CFL37"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
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        <title>Bay Area Toll Authority</title>
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          <isin value="US072024XA51"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>OKLAHOMA CNTY OK FIN AUTH EDUC</name>
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        <title>Oklahoma County Finance Authority</title>
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        <name>MAINE ST GOVTL FACS AUTH</name>
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        <name>MONTANA ST BRD OF HSG SF MTGE</name>
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        <name>DALLAS TX HSG FIN CORP</name>
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        <name>ILLINOIS ST HSG DEV AUTH MF HS</name>
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        <title>California Municipal Finance Authority</title>
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      <invstOrSec>
        <name>OKLAHOMA ST CAPITOL IMPT AUTH</name>
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          <maturityDt>2027-04-01</maturityDt>
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        <name>SACRAMENTO CNTY CA ARPT SYS RE</name>
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          <isin value="US786107VG45"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</title>
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          <isin value="US54628CDX74"/>
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        <curCd>USD</curCd>
        <valUSD>1477856.05000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OHIO ST WTR DEV AUTH REVENUE</name>
        <lei>549300QMBH1DMY67FZ74</lei>
        <title>Ohio Water Development Authority</title>
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          <isin value="US67765QDZ63"/>
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        <balance>4080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4114396.44000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-12-01</maturityDt>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048V2F4</cusip>
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          <isin value="US13048V2F44"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-01</maturityDt>
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        <name>BUFFALO MN</name>
        <lei>N/A</lei>
        <title>City of Buffalo MN</title>
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          <isin value="US119638P323"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW ORLEANS LA</name>
        <lei>54930084B6KHR5PR2651</lei>
        <title>City of New Orleans LA</title>
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          <isin value="US64763FD223"/>
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        <balance>1715000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1789598.90000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
        <lei>5493000UQOV6R4ZWS346</lei>
        <title>California Municipal Finance Authority</title>
        <cusip>13048VL89</cusip>
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          <isin value="US13048VL890"/>
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        <balance>575000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <name>COLORADO ST HSG FIN AUTH MF HS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MONTANA ST BRD OF HSG SF MTGE</name>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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        <title>New York Liberty Development Corp</title>
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          <isin value="US649519DB85"/>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US65000B8B75"/>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US13048V2E78"/>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US45203EAG44"/>
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          <isin value="US594698TD45"/>
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        <balance>5650000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>CHELTENHAM TWP PA INDL DEV AUT</name>
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        <name>S VLG FL CDD CAPITAL IMPT REVE</name>
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        <name>FORSYTH MT POLL CONTROL REVENU</name>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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        <name>RIVER HALL FL CDD CAPITAL IMPT</name>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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      <invstOrSec>
        <name>POTTSBORO TX INDEP SCH DIST</name>
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        <title>Pottsboro Independent School District/TX</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>CALIFORNIA ST MUNI FIN AUTH MF</name>
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          <isin value="US130483JB74"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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      <invstOrSec>
        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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          <isin value="US714376UP33"/>
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        <curCd>USD</curCd>
        <valUSD>1254572.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>KANSAS CITY MO PLANNED INDL EX</name>
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          <isin value="US48507MAC29"/>
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        <curCd>USD</curCd>
        <valUSD>5099013.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GENESEO TOWN NY</name>
        <lei>N/A</lei>
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          <isin value="US37182AAA79"/>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>CLEAR CREEK TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Clear Creek Independent School District</title>
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          <isin value="US184541HM54"/>
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        <balance>3410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3869748.82000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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        <title>City of Princeton TX</title>
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          <isin value="US742400BC73"/>
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        <balance>48000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47566.03000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>SAN MATEO CA UNION HIGH SCH DI</name>
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        <title>San Mateo Union High School District</title>
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          <isin value="US799017A246"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL SPL ASSMNT</name>
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        <title>City of Chicago IL Lakeshore East Special Assessment Area</title>
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        <curCd>USD</curCd>
        <valUSD>249329.03000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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        <name>EL PASO CNTY TX HOSP DIST</name>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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        <name>ILLINOIS ST</name>
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        <name>VIRGINIA ST CLG BLDG AUTH EDUC</name>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <name>NEW YORK CITY NY INDL DEV AGY</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
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      <invstOrSec>
        <name>WASHINGTON ST UNIV REVENUES</name>
        <lei>N/A</lei>
        <title>Washington State University</title>
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        <name>EL PASO CNTY TX HOSP DIST</name>
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        <name>AUSTIN TX AFFORDABLE PUBLIC FA</name>
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        <name>PORT SEATTLE WA INDL DEV CORP</name>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <name>LEHIGH CNTY PA INDL DEV AUTH</name>
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        <name>NORWALK CT HSG AUTH MF HSG REV</name>
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        <name>E BATON ROUGE PARISH LA SWR CO</name>
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        <name>NTHRN CA GAS AUTH #1 GAS PROJ</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709225FT80"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO ST HSG FIN AUTH MF HS</name>
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        <title>Colorado Housing and Finance Authority</title>
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          <isin value="US19647PDX87"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-07-01</maturityDt>
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      <invstOrSec>
        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority</title>
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          <isin value="US74440DES99"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DENTON TX INDEP SCH DIST</name>
        <lei>5493005I9W678SUI0Z07</lei>
        <title>Denton Independent School District</title>
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          <isin value="US249002NM42"/>
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        <curCd>USD</curCd>
        <valUSD>7831004.88000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64985SMD2</cusip>
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          <isin value="US64985SMD26"/>
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        <curCd>USD</curCd>
        <valUSD>807812.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PORT HOUSTON TX AUTH</name>
        <lei>N/A</lei>
        <title>Port Authority of Houston of Harris County Texas</title>
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          <isin value="US734262GB81"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>AUSTIN TX AFFORDABLE PUBLIC FA</name>
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        <title>Austin Affordable Pfc Inc</title>
        <cusip>05217TAU8</cusip>
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          <isin value="US05217TAU88"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>722921.36000000</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>2028-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VILLA PORTOFINO FL W CMNTY DIS</name>
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        <title>Villa Portofino West Community District</title>
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          <isin value="US927040AG08"/>
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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>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SACHSE TX SPL ASSMNT REVENUE</name>
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        <title>City of Sachse TX</title>
        <cusip>785756AK3</cusip>
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          <isin value="US785756AK32"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102525.60000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BENTON &amp; LINN CNTYS OR SCH DIS</name>
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        <name>HOUSTON TX ARPT SYS REVENUE</name>
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        <name>NEW JERSEY ST ECON DEV AUTH SP</name>
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        <name>EL PASO CNTY TX HOSP DIST</name>
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        <name>MIRADA CDD FL CAPITAL IMPT REV</name>
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        <name>KARNES CNTY TX HOSP DIST HOSP</name>
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        <name>WEST VIRGINIA ST ECON DEV AUTH</name>
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        <title>West Virginia Economic Development Authority</title>
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        <name>FLORIDA ST</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST HSG FIN AGY MF</name>
        <lei>549300JZVUPNWP77SP29</lei>
        <title>Pennsylvania Housing Finance Agency</title>
        <cusip>708797BM6</cusip>
        <identifiers>
          <isin value="US708797BM65"/>
        </identifiers>
        <balance>9000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9024461.10000000</valUSD>
        <pctVal>0.174115097417</pctVal>
        <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>Variable</couponKind>
          <annualizedRt>3.15000000</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>BEAUMONT CA SPL TAX</name>
        <lei>N/A</lei>
        <title>City of Beaumont CA</title>
        <cusip>074434BG5</cusip>
        <identifiers>
          <isin value="US074434BG51"/>
        </identifiers>
        <balance>235000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>238335.17000000</valUSD>
        <pctVal>0.004598363368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447T7E7</cusip>
        <identifiers>
          <isin value="US59447T7E76"/>
        </identifiers>
        <balance>7045000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7283907.22000000</valUSD>
        <pctVal>0.140533401511</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>3.75000000</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>OCALA PRESERVE CMNTY DEV DIST</name>
        <lei>N/A</lei>
        <title>Ocala Preserve Community Development District</title>
        <cusip>67457JAB1</cusip>
        <identifiers>
          <isin value="US67457JAB17"/>
        </identifiers>
        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>296372.16000000</valUSD>
        <pctVal>0.005718110692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</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>BELLALAGO FL EDUCTNL FACS BENE</name>
        <lei>N/A</lei>
        <title>Bellalago Educational Facilities Benefit District</title>
        <cusip>078302AR7</cusip>
        <identifiers>
          <isin value="US078302AR75"/>
        </identifiers>
        <balance>1070000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1068143.34000000</valUSD>
        <pctVal>0.020608419676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GRAND FORKS ND HLTH CARE SYS R</name>
        <lei>N/A</lei>
        <title>City of Grand Forks ND</title>
        <cusip>38546WCZ1</cusip>
        <identifiers>
          <isin value="US38546WCZ14"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2080012.40000000</valUSD>
        <pctVal>0.040131101197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FISHHAWK RANCH CDD FL SPL ASSM</name>
        <lei>N/A</lei>
        <title>Fishhawk Ranch Community Development District</title>
        <cusip>33804YAJ3</cusip>
        <identifiers>
          <isin value="US33804YAJ38"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>281160.21000000</valUSD>
        <pctVal>0.005424616141</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>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
        <lei>549300ISBFGI8MJJKM98</lei>
        <title>Illinois State Toll Highway Authority</title>
        <cusip>452252KR9</cusip>
        <identifiers>
          <isin value="US452252KR96"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001425.10000000</valUSD>
        <pctVal>0.019321179061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-20</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs Trust</ncom:nameOfApplicant>
      <ncom:signature>Allison Frachiolla</ncom:signature>
      <ncom:signerName>Allison Frachiolla</ncom:signerName>
      <ncom:title>Vice President Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
