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      <invstOrSec>
        <name>PUERTO RICO HIGHWAY &amp; TRANSPRT</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DUBLIN CA SPL TAX</name>
        <lei>N/A</lei>
        <title>City of Dublin CA</title>
        <cusip>26362DAS7</cusip>
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          <isin value="US26362DAS71"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <title>County of Jefferson AL Sewer Revenue</title>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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      <invstOrSec>
        <name>SAINT LOUIS MO LAND CLEARANCE</name>
        <lei>N/A</lei>
        <title>St Louis Land Clearance for Redevelopment Authority</title>
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          <isin value="US85233SBP20"/>
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        <curCd>USD</curCd>
        <valUSD>103452.32000000</valUSD>
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          <maturityDt>2048-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CELEBRATION FL CDD</name>
        <lei>N/A</lei>
        <title>Celebration Community Development District</title>
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          <isin value="US151001ED27"/>
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        <curCd>USD</curCd>
        <valUSD>189546.63000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <name>SEMINOLE FL IMPT DIST UTILS RE</name>
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          <isin value="US816751AB72"/>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <title>Commonwealth of Puerto Rico</title>
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        <name>STONEWATER CMNTY DEV DIST FL S</name>
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          <isin value="US861886AB50"/>
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          <couponKind>Fixed</couponKind>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59259YZK80"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>TALIS PARK CMNTY DEV DIST FL C</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>SIX MILE CREEK FL CDD CAPITAL</name>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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          <isin value="US777870T970"/>
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        <name>SOMERSET FL CDD CAPITAL IMPT R</name>
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        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
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        <name>ASTONIA CMNTY DEV DIST FL SPL</name>
        <lei>N/A</lei>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <maturityDt>2056-11-15</maturityDt>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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      <invstOrSec>
        <name>FATE TX SPL ASSESSMENT REVENUE</name>
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        <name>INDIANA ST FIN AUTH POLL CONTR</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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      <invstOrSec>
        <name>DULUTH MN ECON DEV AUTH HLTH C</name>
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        <name>PALM DESERT CA SPL TAX</name>
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          <maturityDt>2036-09-01</maturityDt>
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      <invstOrSec>
        <name>VILLA PORTOFINO FL E DEV DIST</name>
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          <isin value="US92703PAH47"/>
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          <maturityDt>2037-05-01</maturityDt>
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        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
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          <isin value="US072024XT43"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-01</maturityDt>
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      <invstOrSec>
        <name>JOPLIN MO INDL DEV AUTH SALES</name>
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          <maturityDt>2040-11-01</maturityDt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INDIANA ST FIN AUTH HOSP REVEN</name>
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          <isin value="US45471ATB88"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-11-01</maturityDt>
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          <annualizedRt>2.10000000</annualizedRt>
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        <name>SALT LAKE CITY UT PUBLIC UTILS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-02-01</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <name>HOUSTON CNTY AL HLTH CARE AUTH</name>
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        <title>Houston County Health Care Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>DIST OF COLUMBIA INCOME TAX SE</name>
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        <name>NEW JERSEY ST HLTH CARE FACS F</name>
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        <name>DULUTH MN ECON DEV AUTH HLTH C</name>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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        <title>Public Finance Authority</title>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>FLOW WAY FL CMNTY DEV DIST SPL</name>
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      <invstOrSec>
        <name>BRIDGEWALK CDD FL SPL ASSMNT</name>
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      <invstOrSec>
        <name>LAS VEGAS NV CONVENTION &amp; VISI</name>
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          <isin value="US51771FAU03"/>
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          <maturityDt>2049-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CITADEL ON COLFAX BUSINESS IMP</name>
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          <isin value="US17288AAA25"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-07-01</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59259Y6C86"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US646136WG29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>AMERICAN SAMOA AS ECON DEV AUT</name>
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          <isin value="US02936TAJ07"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.47000000</annualizedRt>
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        <name>K-BAR RANCH II CDD FL SPL ASSM</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>CROSSINGS CDD FL SPL ASSMNT</name>
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          <annualizedRt>4.25000000</annualizedRt>
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        <name>SAINT JOHNS CNTY FL INDL DEV A</name>
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          <isin value="US79041LAM00"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DETROIT MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>HUTTO TX SPL ASSMNT REVENUE</name>
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          <isin value="US448529AL16"/>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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          <isin value="US04052BLH59"/>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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          <isin value="US742400BN39"/>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <title>California Pollution Control Financing Authority</title>
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          <maturityDt>2040-07-01</maturityDt>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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          <isin value="US742400BW38"/>
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        <balance>75000.00000000</balance>
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          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
        <lei>549300F49UWS7X0OGQ59</lei>
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          <isin value="US13013FAL85"/>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116CY01"/>
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      <invstOrSec>
        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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          <isin value="US16772PBF27"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-01</maturityDt>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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          <isin value="US592643DG24"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-10-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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          <isin value="US40065FDD33"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>CREEKVIEW CDD FL SPL ASSMNT RE</name>
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          <isin value="US225514AA67"/>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116CK07"/>
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        <name>WILLOW WALK FL CMNTY DEV DIST</name>
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          <isin value="US97122RAC34"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-01</maturityDt>
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        <name>PRESTON COVE CDD FL SPL ASSMNT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TOWER HEALTH</name>
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          <maturityDt>2050-02-01</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>PORTICO FL CDD SPL ASSMNT REVE</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <name>WEST PORT CDD FL SPL ASSMNT</name>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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        <title>Mississippi Development Bank</title>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MISSISSIPPI ST BUSINESS FIN CO</name>
        <lei>549300DYV074JUDKBQ77</lei>
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        <cusip>605279MK1</cusip>
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          <isin value="US605279MK10"/>
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        <curCd>USD</curCd>
        <valUSD>121088.36000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
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          <isin value="US74529JQB43"/>
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        <curCd>USD</curCd>
        <valUSD>12010.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KFB9</cusip>
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          <isin value="US51265KFB98"/>
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        <curCd>USD</curCd>
        <valUSD>168148.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <title>Lakewood Ranch Stewardship District</title>
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          <isin value="US51265KDF21"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>52836.37000000</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>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WIND MEADOWS SOUTH CMNTY DEV D</name>
        <lei>N/A</lei>
        <title>Wind Meadows South Community Development District</title>
        <cusip>97316TAA9</cusip>
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          <isin value="US97316TAA97"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>44572.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AJ40</cusip>
        <identifiers>
          <isin value="US59261AJ405"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>103687.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>646136WU1</cusip>
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          <isin value="US646136WU13"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15641.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VLG FL CDD #13 SPL ASSMNT REVE</name>
        <lei>N/A</lei>
        <title>Village Community Development District No 13</title>
        <cusip>92708HAN4</cusip>
        <identifiers>
          <isin value="US92708HAN44"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>75197.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FOREST LAKE CMNTY DEV DIST FL</name>
        <lei>N/A</lei>
        <title>Forest Lake Community Development District</title>
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          <isin value="US34585PAF36"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>193490.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>YAMHILL CNTY OR HOSP AUTH</name>
        <lei>N/A</lei>
        <title>Yamhill County Hospital Authority</title>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>98860.80000000</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>2051-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
        <lei>5493003BRB67HF8ST418</lei>
        <title>Puerto Rico Electric Power Authority</title>
        <cusip>74526QYT3</cusip>
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          <isin value="US74526QYT39"/>
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        <curCd>USD</curCd>
        <valUSD>308137.50000000</valUSD>
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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>SIENA NORTH CDD FL SPL ASSMNT</name>
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        <title>Siena North Community Development District</title>
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          <isin value="US82622DAC11"/>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>GRACEWATER SARASOTA CDD CAPITA</name>
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          <maturityDt>2031-05-01</maturityDt>
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        <name>HILLS MINNEOLA CMNTY DEV DIST</name>
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        <name>SUFFOLK NY TOBACCO ASSET SECUR</name>
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          <isin value="US864809CC06"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <name>PUBLIC FIN AUTH WI HLTHCARE FA</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>24655.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPITAL TRUST AGY FL STUDENT H</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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        <name>KYLE TX SPL ASSMNT REVENUE</name>
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        <name>STAR INTERNATIONAL ACADEMY MI</name>
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      <invstOrSec>
        <name>EAGLE HAMMOCK CDD FL SPL ASSMN</name>
        <lei>N/A</lei>
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          <isin value="US26959AAB98"/>
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      <invstOrSec>
        <name>MARYLAND ST STADIUM AUTH REVEN</name>
        <lei>549300VA283TTQRDNF71</lei>
        <title>Maryland Stadium Authority</title>
        <cusip>574296DR7</cusip>
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          <isin value="US574296DR78"/>
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        <valUSD>164875.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WILLOWS CMNTY DEV DIST FL SPL</name>
        <lei>N/A</lei>
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          <isin value="US971264AF30"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>ROSEVILLE CA SPL TAX</name>
        <lei>549300OH100KESVPND17</lei>
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          <isin value="US777870T715"/>
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        <curCd>USD</curCd>
        <valUSD>107283.81000000</valUSD>
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          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45204FHT57"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2041-05-15</maturityDt>
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      <invstOrSec>
        <name>YAMHILL CNTY OR HOSP AUTH</name>
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        <title>Yamhill County Hospital Authority</title>
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          <isin value="US98464UBB17"/>
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        <curCd>USD</curCd>
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          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ARLINGTON TX HGR EDU FIN CORP</name>
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          <isin value="US041806K668"/>
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        <curCd>USD</curCd>
        <valUSD>25170.73000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>LAWSON DUNES CDD FL SPL ASSMNT</name>
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        <title>Lawson Dunes Community Development District</title>
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          <isin value="US520719AC96"/>
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        <curCd>USD</curCd>
        <valUSD>45845.81000000</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>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CUYAHOGA CNTY OH HLTH CARE &amp; I</name>
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          <isin value="US23226MAJ09"/>
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        <balance>310000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297113.77000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>BUCKHEAD TRAILS CDD FL SPL ASS</name>
        <lei>N/A</lei>
        <title>Buckhead Trails Community Development District</title>
        <cusip>11836UAA8</cusip>
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          <isin value="US11836UAA88"/>
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        <curCd>USD</curCd>
        <valUSD>53761.25000000</valUSD>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US59261AH912"/>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>PORT BEAUMONT TX NAV DIST DOCK</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
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          <isin value="US45204EJ339"/>
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        <name>FLORIDA DEV FIN CORP SURFACE T</name>
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        <name>FLORIDA ST DEV FIN CORP SENIOR</name>
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        <name>BALTIMORE CNTY MD REVENUE</name>
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        <name>NEW HOPE CULTURAL EDU FACS FIN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DIST OF COLUMBIA REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WILKES-BARRE PA FIN AUTH REVEN</name>
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        <name>LAWSON DUNES CDD FL SPL ASSMNT</name>
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        <name>BROWARD CNTY FL PORT FACS REVE</name>
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      <invstOrSec>
        <name>CUYAHOGA CNTY OH HOSP REVENUE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DELAWARE ST ECON DEV AUTH CHRT</name>
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          <maturityDt>2032-06-01</maturityDt>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP SENIOR</name>
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          <isin value="US34061WBQ69"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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          <maturityDt>2037-01-01</maturityDt>
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          <isin value="US13049RBU95"/>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <maturityDt>2040-07-01</maturityDt>
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        <name>TOBACCO SETTLEMENT FING CORP N</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
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        <name>FRANKLIN CNTY OH CONVENTION FA</name>
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        <name>MIRADA CDD FL CAPITAL IMPT REV</name>
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        <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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          <maturityDt>2037-12-01</maturityDt>
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        <name>CONROE TX LOCAL GOVT CORP HOTE</name>
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          <maturityDt>2031-10-01</maturityDt>
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        <name>CORALVILLE IA</name>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
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        <name>DELAWARE ST ECON DEV AUTH CHRT</name>
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        <name>DETROIT MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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        <issuerCat>MUN</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US650116AV89"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2050-01-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <valUSD>94508.49000000</valUSD>
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          <maturityDt>2038-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
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          <isin value="US735389Q929"/>
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        <curCd>USD</curCd>
        <valUSD>606204.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US6461367N55"/>
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        <curCd>USD</curCd>
        <valUSD>49626.77000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-06-15</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>RANCHO CORDOVA CA CMNTY FACS D</name>
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        <title>City of Rancho Cordova CA</title>
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          <isin value="US75211RGY71"/>
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        <curCd>USD</curCd>
        <valUSD>103746.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>A H AT TPK SOUTH CMNTY DEV</name>
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          <isin value="US001277AK83"/>
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        <curCd>USD</curCd>
        <valUSD>390533.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>KINDRED FL CDD II SPL ASSMNT R</name>
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          <isin value="US494581AC57"/>
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        <curCd>USD</curCd>
        <valUSD>78010.98000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>JACKSONVILLE FL HLTH CARE FACS</name>
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          <isin value="US469400EJ08"/>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>128499.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <curCd>USD</curCd>
        <valUSD>191985.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW JERSEY ST ECON DEV AUTH MT</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64578JBC99"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRIPLE CREEK FL CDD SPL ASSMNT</name>
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          <isin value="US89677RAY18"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLUMBUS CNTY NC INDL FACS &amp; P</name>
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          <isin value="US199048AD17"/>
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          <maturityDt>2034-05-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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        <name>PORT OF GTR CINCINNATI DEV AUT</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>ILLINOIS ST</name>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
        <cusip>650116CW4</cusip>
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          <isin value="US650116CW45"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14676.91000000</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>2036-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ROSEVILLE CA SPL TAX</name>
        <lei>549300OH100KESVPND17</lei>
        <title>City of Roseville CA</title>
        <cusip>777870T63</cusip>
        <identifiers>
          <isin value="US777870T632"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16980.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>SANDMINE ROAD CDD FL SPL ASSMN</name>
        <lei>N/A</lei>
        <title>Sandmine Road Community Development District</title>
        <cusip>800063AA7</cusip>
        <identifiers>
          <isin value="US800063AA70"/>
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        <balance>55000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>51390.31000000</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>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO EDUCTNL &amp; CULTURAL AU</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>19645UKJ2</cusip>
        <identifiers>
          <isin value="US19645UKJ24"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72786.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST EDUCTNL FACS AUT</name>
        <lei>549300UTOO4X537XXG70</lei>
        <title>New Jersey Educational Facilities Authority</title>
        <cusip>6460666J4</cusip>
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          <isin value="US6460666J44"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97712.16000000</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>2045-07-01</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>DAYTON TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Dayton TX</title>
        <cusip>240094AA0</cusip>
        <identifiers>
          <isin value="US240094AA07"/>
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        <balance>428000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414650.08000000</valUSD>
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        <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>4.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GEORGETOWN TX SPL ASSMNT REVEN</name>
        <lei>549300BSO7ULYERIVM97</lei>
        <title>City of Georgetown TX</title>
        <cusip>373057AA6</cusip>
        <identifiers>
          <isin value="US373057AA68"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92200.21000000</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>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990FYF5</cusip>
        <identifiers>
          <isin value="US64990FYF51"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79605.46000000</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>2038-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY INDL DEV AGY</name>
        <lei>549300XR20ZR5DHL9534</lei>
        <title>New York City Industrial Development Agency</title>
        <cusip>64971PKJ3</cusip>
        <identifiers>
          <isin value="US64971PKJ39"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43727.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIMESA CA SPL TAX</name>
        <lei>N/A</lei>
        <title>City of Calimesa CA</title>
        <cusip>13083UDN3</cusip>
        <identifiers>
          <isin value="US13083UDN37"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>171725.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <title>Louisville/Jefferson County Metropolitan Government</title>
        <cusip>546749AT9</cusip>
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          <isin value="US546749AT96"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>369468.95000000</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>2033-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH PARKWAY MUNI MGMT DIST #</name>
        <lei>N/A</lei>
        <title>North Parkway Municipal Management District No 1</title>
        <cusip>66144PAA0</cusip>
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          <isin value="US66144PAA03"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183078.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MEADOW VIEW AT TWIN CREEKS CDD</name>
        <lei>N/A</lei>
        <title>Meadow View at Twin Creeks Community Development District</title>
        <cusip>583188BC0</cusip>
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          <isin value="US583188BC04"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>116163.31000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY INDL DEV AGY</name>
        <lei>549300XR20ZR5DHL9534</lei>
        <title>New York City Industrial Development Agency</title>
        <cusip>64971PKL8</cusip>
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          <isin value="US64971PKL84"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42233.27000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STAR INTERNATIONAL ACADEMY MI</name>
        <lei>N/A</lei>
        <title>Star International Academy</title>
        <cusip>855138AN3</cusip>
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          <isin value="US855138AN39"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97369.94000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CROSSINGS CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Crossings Community Development District</title>
        <cusip>22766NAB3</cusip>
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          <isin value="US22766NAB38"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253979.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALVORD CA UNIF SCH DIST</name>
        <lei>549300Q9J0UCO75DL276</lei>
        <title>Alvord Unified School District</title>
        <cusip>022555UK0</cusip>
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          <isin value="US022555UK05"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102158.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONROE TX LOCAL GOVT CORP HOTE</name>
        <lei>N/A</lei>
        <title>Conroe Local Government Corp</title>
        <cusip>20841CAL8</cusip>
        <identifiers>
          <isin value="US20841CAL81"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43814.37000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-15</maturityDt>
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      <invstOrSec>
        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>VLG FL CDD #13 SPL ASSMNT REVE</name>
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        <title>Village Community Development District No 13</title>
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          <isin value="US92708HAG92"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>2.62500000</annualizedRt>
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        <name>CALIFORNIA ST MUNI FIN AUTH SP</name>
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          <isin value="US13050RAA05"/>
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        <curCd>USD</curCd>
        <valUSD>229662.03000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <isin value="US64990FK862"/>
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        <curCd>USD</curCd>
        <valUSD>933459.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>UNIVERSITY PARK RECREATION DIS</name>
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          <isin value="US914793BA18"/>
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        <curCd>USD</curCd>
        <valUSD>66043.31000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <name>BALTIMORE MD SPL OBLIG</name>
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          <isin value="US05923TDA43"/>
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        <curCd>USD</curCd>
        <valUSD>93279.94000000</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>2042-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRIPLE CREEK FL CDD SPL ASSMNT</name>
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        <title>Triple Creek Community Development District</title>
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          <isin value="US89677RBC88"/>
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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>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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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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        <curCd>USD</curCd>
        <valUSD>469287.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-01</maturityDt>
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          <annualizedRt>6.03800000</annualizedRt>
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        <name>ILLINOIS ST</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <name>SPARTANBURG SC REGL HLTH SVCS</name>
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        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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        <name>VILLAMAR CDD FL SPL ASSMNT</name>
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        <name>SANDMINE ROAD CDD FL SPL ASSMN</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BLACK BELT ENERGY GAS DIST AL</name>
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        <title>Black Belt Energy Gas District</title>
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        <balance>750000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-07-01</maturityDt>
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        <name>NEW JERSEY ST ECON DEV AUTH SP</name>
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          <maturityDt>2030-11-15</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <maturityDt>2023-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isin value="US12008ERX66"/>
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        <curCd>USD</curCd>
        <valUSD>90459.49000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ALACHUA CNTY FL HLTH FACS AUTH</name>
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          <isin value="US010684BK31"/>
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        <curCd>USD</curCd>
        <valUSD>193981.03000000</valUSD>
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          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MIDCITY IMPT DIST AL SPL ASSMN</name>
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          <isin value="US59564KAA79"/>
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        <curCd>USD</curCd>
        <valUSD>87040.31000000</valUSD>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isin value="US018444BS78"/>
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        <name>DETROIT MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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          <isin value="US2510935L09"/>
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          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.71100000</annualizedRt>
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        <name>FRANKLIN CNTY OH HLTH CARE FAC</name>
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        <name>GUAM GOVT BUSINESS PRIVILEGE T</name>
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        <name>OCALA PRESERVE CMNTY DEV DIST</name>
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        <name>PALOMAR POMERADO HLTH CA</name>
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        <name>WEST VIRGINIA ST ECON DEV AUTH</name>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
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        <name>DULUTH MN ECON DEV AUTH HLTH C</name>
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          <isin value="US26444CKE11"/>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>SENAC SOUTH MET DIST #1 CO</name>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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      <invstOrSec>
        <name>ANNA TX SPL ASSMNT REVENUE</name>
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          <isin value="US035713AJ52"/>
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          <maturityDt>2031-09-15</maturityDt>
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        <name>FLORIDA DEV FIN CORP SURFACE T</name>
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          <isin value="US34061YAD22"/>
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        <curCd>USD</curCd>
        <valUSD>340291.24000000</valUSD>
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          <maturityDt>2049-01-01</maturityDt>
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        <name>WINROCK TOWN CENTER NM TAX INC</name>
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        <name>MISSOURI ST ENVRNMNTL IMPT &amp; E</name>
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          <maturityDt>2038-05-01</maturityDt>
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        <name>LAKESHORE VLGS LA MASTER CDD S</name>
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          <maturityDt>2032-06-01</maturityDt>
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        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
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        <name>WIND MEADOWS SOUTH CMNTY DEV D</name>
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        <name>PILOT POINT TX SPL ASSMNT REVE</name>
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          <maturityDt>2041-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DETROIT MI</name>
        <lei>549300BQRJP7MKKHOY28</lei>
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          <isin value="US2510934X55"/>
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          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>STEEL POINT INFRASTRUCTURE IMP</name>
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          <isin value="US85814YAC66"/>
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          <maturityDt>2041-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PLANO TX SPL ASSMNT REVENUE</name>
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          <isin value="US727220AB17"/>
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        <curCd>USD</curCd>
        <valUSD>96904.01000000</valUSD>
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          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SENIOR LI</name>
        <lei>N/A</lei>
        <title>New Hampshire Business Finance Authority</title>
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          <isin value="US63608SAL60"/>
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        <curCd>USD</curCd>
        <valUSD>186200.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
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          <isin value="US74514L3F25"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.37500000</annualizedRt>
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      <invstOrSec>
        <name>UNIVERSAL ACADEMY MI PUBLIC SC</name>
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        <title>Universal Academy</title>
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          <isin value="US913359AF20"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <title>County of Jefferson AL Sewer Revenue</title>
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          <isin value="US472682RM76"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>FATE TX SPL ASSESSMENT REVENUE</name>
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        <title>City of Fate TX</title>
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          <isin value="US31189RCE62"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST SCH FIN AUTH CHR</name>
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        <title>California School Finance Authority</title>
        <cusip>13058TQA1</cusip>
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          <isin value="US13058TQA15"/>
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        <curCd>USD</curCd>
        <valUSD>95979.03000000</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>2042-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CAPITAL TRUST AGY FL STUDENT H</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56035DDH26"/>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052BQG22"/>
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        <name>DAUPHIN CNTY PA GEN AUTH UNIV</name>
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        <name>BERKS CNTY PA MUNI AUTH UNIV R</name>
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        <name>PUBLIC FIN AUTH WI HOTEL REVEN</name>
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          <isin value="US74447DAB38"/>
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        <name>E-470 CO PUBLIC HIGHWAY AUTH</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</maturityDt>
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        <name>FARMINGTON NM POLL CONTROL REV</name>
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      <invstOrSec>
        <name>GRAND OAKS CDD FL SPL ASSMNT R</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US6461364E83"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
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        <title>California County Tobacco Securitization Agency</title>
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          <isin value="US13016NHB38"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>STHRN OH PORT EXEMPT FAC REVEN</name>
        <lei>N/A</lei>
        <title>Southern Ohio Port Authority</title>
        <cusip>84355AAB8</cusip>
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          <isin value="US84355AAB89"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88494.21000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CALIFORNIA ST MUNI FIN AUTH CH</name>
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        <title>California Municipal Finance Authority</title>
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          <isin value="US13048DDE58"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83882.11000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QYY24"/>
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        <balance>340000.00000000</balance>
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        <valUSD>252450.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <title>Kentucky Public Energy Authority</title>
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          <isin value="US74440DDS09"/>
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        <balance>955000.00000000</balance>
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        <valUSD>908366.78000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA DEV FIN CORP SURFACE T</name>
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        <title>Florida Development Finance Corp</title>
        <cusip>34061YAC4</cusip>
        <identifiers>
          <isin value="US34061YAC49"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91447.08000000</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>2049-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL SPL ASSMNT</name>
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        <title>City of Chicago IL Special Assessment Revenue</title>
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          <isin value="US167686AK04"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>237063.51000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.04000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TH97</cusip>
        <identifiers>
          <isin value="US59447TH974"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262185.07000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.26700000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MISSOURI ST HLTH &amp; EDUCTNL FAC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>EDINBURG TX ECON DEV CORP SALE</name>
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        <name>ARIZONA ST INDL DEV AUTH EDU R</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052BMT88"/>
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        <balance>25000.00000000</balance>
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          <maturityDt>2051-12-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
        <lei>549300122LOI8CB50V38</lei>
        <title>Mississippi Development Bank</title>
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          <isin value="US60534XLV63"/>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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        <name>CHICAGO IL BRD OF EDU</name>
        <lei>54930099NR6T9V7LVB43</lei>
        <title>Chicago Board of Education</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>LIVE OAK LAKE FL CMNTY DEV DIS</name>
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        <title>Live Oak Lake Community Development District</title>
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          <isin value="US538092AE77"/>
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        <balance>110000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2025-05-01</maturityDt>
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        <name>BELLAGIO CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
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          <isin value="US07821BAA52"/>
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        <balance>40000.00000000</balance>
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        <valUSD>41780.80000000</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>2027-11-01</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
        <lei>N/A</lei>
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        <name>TOBACCO SETTLEMENT FING CORP V</name>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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        <name>NEW YORK CNTYS NY TOBACCO TRUS</name>
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        <name>FRANKLIN CNTY OH CONVENTION FA</name>
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        <name>PORT BEAUMONT TX INDL DEV AUTH</name>
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        <name>ESCAMBIA CNTY FL HLTH FACS AUT</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>AUSTIN CONVENTION ENTERPRISES</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROYSE CITY TX SPL ASSMNT REVEN</name>
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          <maturityDt>2030-09-15</maturityDt>
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      <invstOrSec>
        <name>WAXAHACHIE TX SPL ASSMNT</name>
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          <isin value="US94411PAG54"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
        <title>New York Transportation Development Corp</title>
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          <isin value="US650116EP75"/>
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        <curCd>USD</curCd>
        <valUSD>25264.11000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isin value="US12008ESY31"/>
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        <curCd>USD</curCd>
        <valUSD>14311.90000000</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>2042-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
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          <isin value="US735389H845"/>
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        <curCd>USD</curCd>
        <valUSD>203248.92000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA STWD CMNTYS DEV AUT</name>
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        <title>California Statewide Communities Development Authority</title>
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          <isin value="US13080SXV14"/>
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        <curCd>USD</curCd>
        <valUSD>130561.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
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          <isin value="US74529JQF56"/>
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        <balance>608000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>341697.70000000</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>2033-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QUAIL ROOST CDD SPL ASSMNT</name>
        <lei>N/A</lei>
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        <cusip>74737QAE7</cusip>
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          <isin value="US74737QAE70"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43766.29000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA ST MUNI PWR AGY</name>
        <lei>AX0ZCCVOQ71Z4RXBL233</lei>
        <title>Indiana Municipal Power Agency</title>
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          <isin value="US454898TX53"/>
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        <curCd>USD</curCd>
        <valUSD>163840.98000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
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          <isin value="US70869PNJ20"/>
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        <balance>55000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>LOUISIANA PUB FACS AUTH REVENU</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>546399PG5</cusip>
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          <isin value="US546399PG55"/>
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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>2037-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990GLX8</cusip>
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          <isin value="US64990GLX87"/>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>BENLOCH RANCH IMPROV</name>
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        <title>Benloch Ranch Improvement Association No 1</title>
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          <isin value="US082148AA58"/>
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        <valUSD>71868.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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        <name>DENVER CO HLTH &amp; HOSP AUTH HLT</name>
        <lei>549300WFV5S7GIR4OS67</lei>
        <title>Denver Health &amp; Hospital Authority</title>
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          <isin value="US24918EEG17"/>
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        <name>ZEPHYR LAKES CDD FL CAPITAL IM</name>
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        <name>DETROIT MI DOWNTOWN DEV AUTH T</name>
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        <title>Detroit Downtown Development Authority</title>
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        <name>ALTA LAKES CMNTY DEV DIST FL S</name>
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      <invstOrSec>
        <name>DETROIT MI</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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          <isin value="US742400BE30"/>
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        <curCd>USD</curCd>
        <valUSD>18344.46000000</valUSD>
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          <maturityDt>2041-09-01</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>RICHLAND CNTY SC ASSMNT REVENU</name>
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          <isin value="US76363RAC51"/>
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        <valUSD>81417.13000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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        <name>VIRGINIA ST HSG DEV AUTH</name>
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          <isin value="US92812VYP56"/>
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        <curCd>USD</curCd>
        <valUSD>190627.65000000</valUSD>
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        <debtSec>
          <maturityDt>2045-12-01</maturityDt>
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          <annualizedRt>3.10000000</annualizedRt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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          <isin value="US56035DDX75"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI EXEMPT FACS</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74443QAD43"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186562.31000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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      <invstOrSec>
        <name>ALLEGHENY CNTY PA ARPT AUTH AR</name>
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          <isin value="US01728LFE74"/>
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        <curCd>USD</curCd>
        <valUSD>111138.23000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CALIFORNIA ST SCH FIN AUTH CHR</name>
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        <title>California School Finance Authority</title>
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          <isin value="US13058TME72"/>
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        <curCd>USD</curCd>
        <valUSD>240821.75000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>DW BAYVIEW CMNTY DEV DIST FL S</name>
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          <isin value="US23342SAF48"/>
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        <curCd>USD</curCd>
        <valUSD>170318.07000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</annualizedRt>
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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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          <isin value="US928104QJ08"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>EAST 547 CMNTY DEV DIST FL SPL</name>
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          <isin value="US27042KAC27"/>
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          <annualizedRt>3.30000000</annualizedRt>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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          <isin value="US018444BK43"/>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506ECC5</cusip>
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          <isin value="US45506ECC57"/>
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          <annualizedRt>3.26000000</annualizedRt>
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        <name>EDEN HILLS CMNTY DEV DIST FL S</name>
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          <isin value="US279449AC62"/>
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        <name>CALIFORNIA ST ENTERPRISE DEV A</name>
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        <title>California Enterprise Development Authority</title>
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        <name>ILLINOIS ST</name>
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        <title>State of Illinois</title>
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        <balance>1000000.00000000</balance>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>OHIO ST AIR QUALITY DEV AUTH</name>
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        <name>PUBLIC FIN AUTH WI CHRT SCH RE</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CFM FL CDD REVENUE</name>
        <lei>N/A</lei>
        <title>CFM Community Development District</title>
        <cusip>15721RAH9</cusip>
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          <isin value="US15721RAH93"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>73785.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.35000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STELLAR NORTH CMNTY DEV DIST F</name>
        <lei>N/A</lei>
        <title>Stellar North Community Development District</title>
        <cusip>85857KAB6</cusip>
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          <isin value="US85857KAB61"/>
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        <balance>470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>382776.08000000</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>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LAKEWOOD RANCH FL STEWARDSHIP</name>
        <lei>N/A</lei>
        <title>Lakewood Ranch Stewardship District</title>
        <cusip>51265KCR7</cusip>
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          <isin value="US51265KCR77"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110344.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
        <lei>N/A</lei>
        <title>California County Tobacco Securitization Agency</title>
        <cusip>13016NJA3</cusip>
        <identifiers>
          <isin value="US13016NJA37"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29430.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
        <cusip>97712JEG4</cusip>
        <identifiers>
          <isin value="US97712JEG40"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>170380.09000000</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>2054-08-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.64000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KINDRED FL CDD II SPL ASSMNT R</name>
        <lei>N/A</lei>
        <title>Kindred Community Development District II</title>
        <cusip>494581AF8</cusip>
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          <isin value="US494581AF88"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80850.56000000</valUSD>
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        <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>2.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOOVER AL INDL DEV BRD ENVNMNT</name>
        <lei>N/A</lei>
        <title>Hoover Industrial Development Board</title>
        <cusip>439241AA8</cusip>
        <identifiers>
          <isin value="US439241AA80"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>203564.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74439YDV0</cusip>
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          <isin value="US74439YDV02"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39059.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA AUTH FOR INDL</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>Philadelphia Authority for Industrial Development</title>
        <cusip>71780CBP4</cusip>
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          <isin value="US71780CBP41"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90172.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEEDLES CA UNIF SCH DIST</name>
        <lei>N/A</lei>
        <title>Needles Unified School District</title>
        <cusip>640023EF0</cusip>
        <identifiers>
          <isin value="US640023EF05"/>
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        <balance>865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>611461.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABBOTT SQUARE CDD FL SPL ASSMN</name>
        <lei>N/A</lei>
        <title>Abbott Square Community Development District</title>
        <cusip>00284AAB0</cusip>
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          <isin value="US00284AAB08"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195480.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
        <cusip>56681NGW1</cusip>
        <identifiers>
          <isin value="US56681NGW11"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148690.50000000</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>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HASLET TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Haslet TX</title>
        <cusip>418304AE1</cusip>
        <identifiers>
          <isin value="US418304AE19"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88642.02000000</valUSD>
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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>
          <annualizedRt>2.62500000</annualizedRt>
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      <invstOrSec>
        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority/PA</title>
        <cusip>61360PCM0</cusip>
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          <isin value="US61360PCM05"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99452.04000000</valUSD>
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        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PRIV CLGS &amp; UNIVS AUTH GA</name>
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        <title>Private Colleges &amp; Universities Authority</title>
        <cusip>74265LV62</cusip>
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          <isin value="US74265LV623"/>
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        <valUSD>125189.75000000</valUSD>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2045-06-01</maturityDt>
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      <invstOrSec>
        <name>SAWYERS LANDING CDD FL SPL ASS</name>
        <lei>N/A</lei>
        <title>Sawyers Landing Community Development District</title>
        <cusip>805517AB5</cusip>
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          <isin value="US805517AB54"/>
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        <balance>100000.00000000</balance>
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        <valUSD>88271.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>SAN DIEGO CNTY CA REGL ARPT AU</name>
        <lei>N/A</lei>
        <title>San Diego County Regional Airport Authority</title>
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          <isin value="US79739GNS11"/>
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        <balance>590000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTA FE TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Santa Fe TX</title>
        <cusip>802208AB4</cusip>
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          <maturityDt>2041-11-01</maturityDt>
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        <name>MAINE HLTH &amp; HGR EDUCTNL FACS</name>
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        <name>VERANDAH E CDD FL SPL ASSMNT R</name>
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        <name>CALIFORNIA ST SCH FIN AUTH CHR</name>
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        <name>JOPLIN MO INDL DEV AUTH SALES</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>CUYAHOGA CNTY OH HOSP REVENUE</name>
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        <name>RAMPART RANGE CO MET DIST #5</name>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
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        <name>RHODINE ROAD NORTH CDD FL SPL</name>
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          <maturityDt>2042-05-01</maturityDt>
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          <annualizedRt>3.30000000</annualizedRt>
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          <isin value="US60463WAD56"/>
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          <maturityDt>2051-05-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
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        <title>Ohio Higher Educational Facility Commission</title>
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          <isin value="US67756DXM37"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO HIGHWAY &amp; TRANSPRT</name>
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          <isin value="US745190M886"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
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        <name>STOREY PARK FL CDD SPL ASSMNT</name>
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        <title>Storey Park Community Development District</title>
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          <isin value="US86216RAP47"/>
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          <maturityDt>2031-06-15</maturityDt>
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        <name>TWO RIVERS NORTH CDD FL SPL AS</name>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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        <name>NORTH CAROLINA ST TURNPIKE AUT</name>
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        <name>FIDDLERS CREEK FL CDD #2 SPL A</name>
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        <name>KENTWOOD MI ECON DEV CORP</name>
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        <name>ROLLING HILLS FL CDD CAPITAL I</name>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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          <isin value="US74442PMV49"/>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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          <isin value="US650116DF03"/>
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        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
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          <isin value="US207758H485"/>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US646136XK22"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VLG FL CDD #13 SPL ASSMNT REVE</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PORT AUTH OF NEW YORK &amp; NEW JE</name>
        <lei>54930006MR4KZ4W74Z83</lei>
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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>2051-07-15</maturityDt>
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      <invstOrSec>
        <name>GRANDE PINES CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Grande Pines Community Development District</title>
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          <isin value="US38656NAC02"/>
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        <curCd>USD</curCd>
        <valUSD>549028.23000000</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>2041-05-01</maturityDt>
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          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>MIDLOTHIAN TX SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
        <title>City of Midlothian TX</title>
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          <isin value="US59785RAC16"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77885.10000000</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>2041-09-15</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
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          <isin value="US74442PRH00"/>
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        <curCd>USD</curCd>
        <valUSD>116126.27000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>DUTCHESS CNTY NY LOCAL DEV COR</name>
        <lei>N/A</lei>
        <title>Dutchess County Local Development Corp</title>
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          <isin value="US267045NH16"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>93086.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOUISIANA PUB FACS AUTH REVENU</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>546399NF9</cusip>
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          <isin value="US546399NF90"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79444.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PALM GLADES FL CDD</name>
        <lei>N/A</lei>
        <title>Palm Glades Community Development District</title>
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          <isin value="US696638BQ79"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>29208.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GTR ORLANDO FL AVIATION AUTH A</name>
        <lei>549300CP6PUG5S184F61</lei>
        <title>Greater Orlando Aviation Authority</title>
        <cusip>392274F84</cusip>
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          <isin value="US392274F847"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>48091.02000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CREEKVIEW CDD FL SPL ASSMNT RE</name>
        <lei>N/A</lei>
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          <isin value="US225514AC24"/>
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        <balance>270000.00000000</balance>
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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>2042-05-01</maturityDt>
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          <annualizedRt>4.62500000</annualizedRt>
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        <name>WINDWARD AT LAKEWOOD RANCH CDD</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>ARIZONA ST HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Arizona Health Facilities Authority</title>
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          <isin value="US040507HN83"/>
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          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
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          <isin value="US45506EBZ51"/>
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        <name>ARIZONA ST INDL DEV AUTH SENIO</name>
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          <isin value="US04052TAW53"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TUCKERS POINTE CDD FL SPL ASSM</name>
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          <isin value="US898691AC49"/>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
        <lei>549300RQIPT5S4P4M065</lei>
        <title>Louisiana Public Facilities Authority</title>
        <cusip>546399LL8</cusip>
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          <isin value="US546399LL86"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-01</maturityDt>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
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          <isin value="US452152P213"/>
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        <balance>400000.00000000</balance>
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        <valUSD>407244.60000000</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>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>HOMESTEAD FL 50 CDD SPL ASSMNT</name>
        <lei>N/A</lei>
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          <isin value="US437694AJ12"/>
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        <curCd>USD</curCd>
        <valUSD>92338.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-01</maturityDt>
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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>414009NJ5</cusip>
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          <isin value="US414009NJ57"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
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      <invstOrSec>
        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
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          <isin value="US167501XG55"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>64990FL93</cusip>
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          <isin value="US64990FL936"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>887268.10000000</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>
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          <maturityDt>2047-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
        <lei>N/A</lei>
        <title>Northern Tobacco Securitization Corp</title>
        <cusip>66585VBZ7</cusip>
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          <isin value="US66585VBZ76"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4914.95000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
        <cusip>97712JDQ3</cusip>
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          <isin value="US97712JDQ31"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40499.93000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
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          <isin value="US74529JRL16"/>
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        <balance>15000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2058-07-01</maturityDt>
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          <annualizedRt>4.78400000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <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>1200000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.61500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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          <isin value="US74526QYE69"/>
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        <curCd>USD</curCd>
        <valUSD>74250.00000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONROE TX LOCAL GOVT CORP HOTE</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
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        <name>SOUTH JERSEY NJ PORT CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CREEKVIEW CDD FL SPL ASSMNT RE</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <title>Illinois Finance Authority</title>
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          <isin value="US45204FKR54"/>
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        <name>DETROIT MI</name>
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        <name>IOWA ST HGR EDU LOAN AUTH REVE</name>
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        <title>Iowa Higher Education Loan Authority</title>
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          <isin value="US46247DAA54"/>
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        <name>GAITHERSBURG MD ECON DEV REVEN</name>
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        <name>WASHINGTON ST</name>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <title>Michigan Finance Authority</title>
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      <invstOrSec>
        <name>MIDCITY IMPT DIST AL SPL ASSMN</name>
        <lei>N/A</lei>
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          <maturityDt>2032-11-01</maturityDt>
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      <invstOrSec>
        <name>WEST PORT CDD FL SPL ASSMNT</name>
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          <maturityDt>2026-05-01</maturityDt>
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          <annualizedRt>2.40000000</annualizedRt>
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        <name>GRAND OAKS CDD FL SPL ASSMNT R</name>
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          <isin value="US38611CAD65"/>
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        <curCd>USD</curCd>
        <valUSD>47201.58000000</valUSD>
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          <maturityDt>2039-11-01</maturityDt>
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        <name>VLG FL CDD #13 SPL ASSMNT REVE</name>
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          <isin value="US92708HAA23"/>
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        <curCd>USD</curCd>
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          <maturityDt>2024-05-01</maturityDt>
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        <name>CALIFORNIA ST STWD CMNTYS DEVA</name>
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          <isin value="US13078HAY80"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-01</maturityDt>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
        <lei>7HERAVJJLN8J1DZ6AZ19</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
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          <isin value="US59261AK551"/>
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        <valUSD>204724.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ONTARIO CA CMNTY FACS DIST #43</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-09-01</maturityDt>
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          <annualizedRt>3.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>W VLGS FL IMPT DIST</name>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>DAUPHIN CNTY PA GEN AUTH UNIV</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648FVQ44"/>
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        <name>UPLAND IN ECON DEV REVENUE</name>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
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          <isin value="US546399NL68"/>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US6461365P22"/>
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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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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MISSION TX ECON DEV CORP REVEN</name>
        <lei>N/A</lei>
        <title>Mission Economic Development Corp</title>
        <cusip>605156AC2</cusip>
        <identifiers>
          <isin value="US605156AC20"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98447.02000000</valUSD>
        <pctVal>0.054105098854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>FLORIDA ST DEV FIN CORP EDUCTN</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061UKZ0</cusip>
        <identifiers>
          <isin value="US34061UKZ02"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>118774.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>BLACK CREEK FL CDD SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Black Creek Community Development District</title>
        <cusip>09186FAE3</cusip>
        <identifiers>
          <isin value="US09186FAE34"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>247397.38000000</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>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</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>CALIFORNIA STWD CMNTYS DEV AUT</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>13080SML5</cusip>
        <identifiers>
          <isin value="US13080SML50"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>231244.55000000</valUSD>
        <pctVal>0.127088755325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</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>
      <invstOrSec>
        <name>TREVESTA CDD FL SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Trevesta Community Development District</title>
        <cusip>89532FAL0</cusip>
        <identifiers>
          <isin value="US89532FAL04"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85225.72000000</valUSD>
        <pctVal>0.046838858154</pctVal>
        <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>3.25000000</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>
      <invstOrSec>
        <name>CALIFORNIA ST STWD CMNTYS DEV</name>
        <lei>549300KTNI2GCJNX2U48</lei>
        <title>California Statewide Communities Development Authority</title>
        <cusip>13077ELR9</cusip>
        <identifiers>
          <isin value="US13077ELR98"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47691.50000000</valUSD>
        <pctVal>0.026210578258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>MINNESOTA MUNI GAS AGY COMMODI</name>
        <lei>549300SISI6N1C6S3136</lei>
        <title>Minnesota Municipal Gas Agency</title>
        <cusip>60406UAJ6</cusip>
        <identifiers>
          <isin value="US60406UAJ60"/>
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        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>327077.19000000</valUSD>
        <pctVal>0.179757027667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>W VLGS FL IMPT DIST</name>
        <lei>N/A</lei>
        <title>West Villages Improvement District</title>
        <cusip>956454BJ0</cusip>
        <identifiers>
          <isin value="US956454BJ02"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47484.41000000</valUSD>
        <pctVal>0.026096764504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>HERONS GLEN FL RECREATION DIST</name>
        <lei>N/A</lei>
        <title>Herons Glen Recreation District</title>
        <cusip>427747BS8</cusip>
        <identifiers>
          <isin value="US427747BS83"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49739.24000000</valUSD>
        <pctVal>0.027335987388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>CHAPEL CREEK FL CDD</name>
        <lei>N/A</lei>
        <title>Chapel Creek Community Development District</title>
        <cusip>15942MAF7</cusip>
        <identifiers>
          <isin value="US15942MAF77"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74878.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</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>GUAM GOVT HOTEL OCCUPANCY TAX</name>
        <lei>N/A</lei>
        <title>Territory of Guam</title>
        <cusip>40065KAU7</cusip>
        <identifiers>
          <isin value="US40065KAU79"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>47470.48000000</valUSD>
        <pctVal>0.026089108771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>48618TAV1</cusip>
        <identifiers>
          <isin value="US48618TAV17"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253694.05000000</valUSD>
        <pctVal>0.139426685073</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
        <cusip>15114CDP6</cusip>
        <identifiers>
          <isin value="US15114CDP68"/>
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        <balance>55000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44669.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PRINCETON TX SPL ASSMNT REVENU</name>
        <lei>N/A</lei>
        <title>City of Princeton TX</title>
        <cusip>742400AU8</cusip>
        <identifiers>
          <isin value="US742400AU80"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>140315.07000000</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>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</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>E-470 CO PUBLIC HIGHWAY AUTH</name>
        <lei>549300164ZV2301BC703</lei>
        <title>E-470 Public Highway Authority</title>
        <cusip>26822LDW1</cusip>
        <identifiers>
          <isin value="US26822LDW19"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>78431.16000000</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>2030-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
        <cusip>56681NGX9</cusip>
        <identifiers>
          <isin value="US56681NGX93"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148662.00000000</valUSD>
        <pctVal>0.081702546261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>MONONGALIA CNTY WV COMMISSION</name>
        <lei>N/A</lei>
        <title>Monongalia County Commission Excise Tax District</title>
        <cusip>61022CAG4</cusip>
        <identifiers>
          <isin value="US61022CAG42"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>85012.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>45506ECB7</cusip>
        <identifiers>
          <isin value="US45506ECB74"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>43056.22000000</valUSD>
        <pctVal>0.023663093503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.21000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MANGROVE POINT &amp; MANGROVE MANO</name>
        <lei>N/A</lei>
        <title>Mangrove Point &amp; Mangrove Manor Community Development District</title>
        <cusip>56271TAC4</cusip>
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          <isin value="US56271TAC45"/>
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        <balance>75000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66199.01000000</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>2042-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI EDUCTNL FAC</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74443DGE5</cusip>
        <identifiers>
          <isin value="US74443DGE58"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>228132.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COPPER OAKS FL CDD</name>
        <lei>N/A</lei>
        <title>Copper Oaks Community Development District</title>
        <cusip>21751PAH4</cusip>
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          <isin value="US21751PAH47"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144288.04000000</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>3.00000000</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>
      <invstOrSec>
        <name>FATE TX SPL ASSESSMENT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Fate TX</title>
        <cusip>31189RCJ5</cusip>
        <identifiers>
          <isin value="US31189RCJ59"/>
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        <balance>317000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>303975.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>INDIANA ST FIN AUTH ENVRNMNTL</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>455054BE5</cusip>
        <identifiers>
          <isin value="US455054BE53"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>241864.18000000</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>4.12500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BENLOCH RANCH IMPROV</name>
        <lei>N/A</lei>
        <title>Benloch Ranch Improvement Association No 1</title>
        <cusip>082148AB3</cusip>
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          <isin value="US082148AB32"/>
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        <balance>76099.51000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71868.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
        <lei>5493006JS6QWDVU4R678</lei>
        <title>New Jersey Economic Development Authority</title>
        <cusip>64577BTQ7</cusip>
        <identifiers>
          <isin value="US64577BTQ76"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325614.93000000</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>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>PUERTO RICO HIGHWAY &amp; TRANSPRT</name>
        <lei>549300J6QBXVWJXB7Y41</lei>
        <title>Puerto Rico Highway &amp; Transportation Authority</title>
        <cusip>745181C54</cusip>
        <identifiers>
          <isin value="US745181C548"/>
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        <balance>115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113580.42000000</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>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KENTUCKY BOND DEV CORP EDUCTNL</name>
        <lei>N/A</lei>
        <title>Kentucky Bond Development Corp</title>
        <cusip>49120AAW9</cusip>
        <identifiers>
          <isin value="US49120AAW99"/>
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        <balance>90000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72136.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SILVER PALMS W CDD FL SPL ASSM</name>
        <lei>N/A</lei>
        <title>Silver Palms West Community Development District</title>
        <cusip>82807YAB4</cusip>
        <identifiers>
          <isin value="US82807YAB48"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>80938.68000000</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>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BERKS CNTY PA MUNI AUTH</name>
        <lei>N/A</lei>
        <title>Berks County Municipal Authority/The</title>
        <cusip>084538GV3</cusip>
        <identifiers>
          <isin value="US084538GV36"/>
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        <balance>290000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206278.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SIX MILE CREEK FL CDD CAPITAL</name>
        <lei>N/A</lei>
        <title>Six Mile Creek Community Development District</title>
        <cusip>83005TBA4</cusip>
        <identifiers>
          <isin value="US83005TBA43"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149438.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CUYAHOGA CNTY OH HOSP REVENUE</name>
        <lei>549300GHDK9DGLUNJU89</lei>
        <title>County of Cuyahoga OH</title>
        <cusip>2322655V6</cusip>
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          <isin value="US2322655V62"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20196.20000000</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>2057-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>EDINBURG TX ECON DEV CORP SALE</name>
        <lei>N/A</lei>
        <title>Edinburg Economic Development Corp</title>
        <cusip>28078PBB7</cusip>
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          <isin value="US28078PBB76"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50722.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>592250CZ5</cusip>
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          <isin value="US592250CZ59"/>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5260.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-12-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PRESERVE AT S BRANCH CDD FL SP</name>
        <lei>N/A</lei>
        <title>Preserve at South Branch Community Development District</title>
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          <isin value="US74082PAK66"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>208095.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLUB MUNI MGMT DIST #1 TX SPL</name>
        <lei>N/A</lei>
        <title>Club Municipal Management District No 1</title>
        <cusip>18948PAF8</cusip>
        <identifiers>
          <isin value="US18948PAF80"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>35947.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US650116CF12"/>
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        <curCd>USD</curCd>
        <valUSD>150629.69000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SARASOTA CNTY FL PUBLIC HOSP D</name>
        <lei>549300JY4SF4DU1YDF85</lei>
        <title>Sarasota County Public Hospital District</title>
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          <isin value="US803301DK30"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212102.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NTHRN AK TOBACCO SECURITIZATIO</name>
        <lei>N/A</lei>
        <title>Northern Tobacco Securitization Corp</title>
        <cusip>66585VCA1</cusip>
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          <isin value="US66585VCA17"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>89071.61000000</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>2050-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TSR CDD FL SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>TSR Community Development District</title>
        <cusip>89854CAX1</cusip>
        <identifiers>
          <isin value="US89854CAX11"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>86790.77000000</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>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
        <lei>549300HC854CNBLMWC48</lei>
        <title>Florida Development Finance Corp</title>
        <cusip>34061UFE3</cusip>
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          <isin value="US34061UFE38"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90488.11000000</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>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FONTANA CA SPL TAX</name>
        <lei>N/A</lei>
        <title>City of Fontana CA</title>
        <cusip>344630YZ5</cusip>
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          <isin value="US344630YZ50"/>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21483.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DIST OF COLUMBIA WTR &amp; SWR AUT</name>
        <lei>549300OT2FIJQJ5PSH71</lei>
        <title>District of Columbia Water &amp; Sewer Authority</title>
        <cusip>254845TJ9</cusip>
        <identifiers>
          <isin value="US254845TJ91"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145095.80000000</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>2057-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UPPER DAUPHIN PA INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Upper Dauphin Industrial Development Authority</title>
        <cusip>915691AD1</cusip>
        <identifiers>
          <isin value="US915691AD16"/>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28486.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ERIE CNTY NY TOBACCO ASSET SEC</name>
        <lei>N/A</lei>
        <title>Erie Tobacco Asset Securitization Corp</title>
        <cusip>295095BM4</cusip>
        <identifiers>
          <isin value="US295095BM47"/>
          <other otherDesc="SEDOL" value="BH3MD68"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38095.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BROOKHAVEN NY LOCAL DEV CORP R</name>
        <lei>549300384JET720NAQ98</lei>
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        <cusip>113168BM9</cusip>
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          <isin value="US113168BM93"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91855.04000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>WILLIAM S HART CA UNION HIGH S</name>
        <lei>N/A</lei>
        <title>William S Hart Union High School District</title>
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          <isin value="US969281HQ09"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH AQUEDUCT &amp;</name>
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        <title>Puerto Rico Commonwealth Aqueduct &amp; Sewer Authority</title>
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          <isin value="US745160SH56"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US646136XD88"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>PARRISH PLANTATION CMNTY DEV D</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>BATESVILLE AR PUBLIC FACS BRD</name>
        <lei>N/A</lei>
        <title>Batesville Public Facilities Board</title>
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          <isin value="US070668AG32"/>
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        <assetCat>DBT</assetCat>
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        <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="US74529JQD09"/>
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        <balance>91000.00000000</balance>
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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>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PPD1</cusip>
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          <isin value="US74442PPD14"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>91856.96000000</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>2040-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
        <cusip>14054CEM7</cusip>
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          <isin value="US14054CEM73"/>
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        <balance>100000.00000000</balance>
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        <name>VENUS TX SPL ASSMNT REVENUE</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>RIVER ISLANDS CA PUBLIC FING A</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>BLACK DESERT PUB INFRASTRUCTUR</name>
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        <name>DW BAYVIEW CMNTY DEV DIST FL S</name>
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        <name>KYLE TX SPL ASSMNT REVENUE</name>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <name>ANNA TX SPL ASSMNT REVENUE</name>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
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        <name>CMFA SPL FIN AGY VIII CA ESSEN</name>
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      <invstOrSec>
        <name>SACHSE TX SPL ASSMNT REVENUE</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116EQ58"/>
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        <name>BABCOCK RANCH CMNTY INDEP SPL</name>
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          <isin value="US05616KBL35"/>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>LITTLE ELM TX SPL ASSMNT REVEN</name>
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          <isin value="US537098BP95"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-09-01</maturityDt>
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      <invstOrSec>
        <name>CORAL KEYS HOMES CMNTY DEV</name>
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          <isin value="US217898AB10"/>
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          <maturityDt>2030-05-01</maturityDt>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH LEASE</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052HBK68"/>
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        <balance>485000.00000000</balance>
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        <valUSD>441935.88000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isin value="US12008ETD84"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-15</maturityDt>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
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          <isin value="US514045V593"/>
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        <name>PALM GLADES FL CDD</name>
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      <invstOrSec>
        <name>FLOWER MOUND TX SPL ASSMNT REV</name>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-09-01</maturityDt>
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      <invstOrSec>
        <name>NASSAU CNTY NY TOBACCO SETTLEM</name>
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        <title>Nassau County Tobacco Settlement Corp</title>
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          <isin value="US63166MCE75"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-06-01</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>SOUTH CREEK CMNTY DEV DIST FL</name>
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          <isin value="US837512AC69"/>
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        <curCd>USD</curCd>
        <valUSD>18328.92000000</valUSD>
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        <debtSec>
          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MIAMI-DADE CNTY FL INDL DEV AU</name>
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          <isin value="US59334GAK31"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90024.40000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116FV35"/>
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          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>DUBLIN CA SPL TAX</name>
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        <curCd>USD</curCd>
        <valUSD>40964.18000000</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>2045-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <curCd>USD</curCd>
        <valUSD>418305.02000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>SANTA MONICA-MALIBU CA UNIF SC</name>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90294.97000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <title>New York Transportation Development Corp</title>
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          <isin value="US650116DA16"/>
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        <balance>845000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-10-01</maturityDt>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
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        <name>BENLOCH RANCH IMPROV</name>
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        <name>BRIDGEVILLE DE SPL OBLIG</name>
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        <name>GUAM GOVT BUSINESS PRIVILEGE T</name>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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      <invstOrSec>
        <name>WESTSIDE HAINES CITY CDD SPL A</name>
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      <invstOrSec>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <name>SAMPSON CREEK FL CDD CAPITAL I</name>
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        <name>COPPERSPRING CDD SPL ASSMNT</name>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
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        <name>WIND MEADOWS SOUTH CMNTY DEV D</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>FIDDLERS CO BUSINESS IMPT DIST</name>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>LOUISIANA PUB FACS AUTH REVENU</name>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
        <lei>N/A</lei>
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        <name>MASSACHUSETTS ST</name>
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        <name>W VLGS FL IMPT DIST</name>
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          <maturityDt>2041-05-01</maturityDt>
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        <name>SAN GORGONIO CA MEMORIAL HLTHC</name>
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        <name>MIDLOTHIAN TX SPL ASSMNT REVEN</name>
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        <name>PINE RIDGE PLANTATION FL CDD C</name>
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        <name>CITADEL ON COLFAX BUSINESS IMP</name>
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        <name>VLGS GLEN CREEK FL CDD CAPITAL</name>
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        <name>TIBURON CA IMPT BOND ACT 1915</name>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>DULUTH MN INDEP SCH DIST #709</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US4423487W28"/>
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      <invstOrSec>
        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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          <isin value="US74442PRJ65"/>
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          <maturityDt>2031-07-01</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="US13048VBX55"/>
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          <maturityDt>2038-12-31</maturityDt>
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      <invstOrSec>
        <name>TEJON RANCH CA PUBLIC FACS FIN</name>
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          <isin value="US879083FA67"/>
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          <maturityDt>2050-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>BERKS CNTY PA INDL DEV AUTH HL</name>
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          <isin value="US08451PAW14"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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          <isin value="US12008ESR89"/>
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        <curCd>USD</curCd>
        <valUSD>101173.27000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <name>ILLINOIS ST</name>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <name>PRESERVE AT S BRANCH CDD FL SP</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>NORTH POWERLINE ROAD CDD FL SP</name>
        <lei>N/A</lei>
        <title>North Powerline Road Community Development District</title>
        <cusip>66173PAE6</cusip>
        <identifiers>
          <isin value="US66173PAE60"/>
        </identifiers>
        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>273471.88000000</valUSD>
        <pctVal>0.150296302531</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>4.75000000</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>CAPITAL TRUST AGY FL STUDENT H</name>
        <lei>549300F49UWS7X0OGQ59</lei>
        <title>Capital Trust Agency Inc</title>
        <cusip>140536AA1</cusip>
        <identifiers>
          <isin value="US140536AA13"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>91122.30000000</valUSD>
        <pctVal>0.050079535666</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>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>PORT BEAUMONT TX NAV DIST DOCK</name>
        <lei>549300G8PKBXALUKJY33</lei>
        <title>Port Beaumont Navigation District</title>
        <cusip>73360CAJ3</cusip>
        <identifiers>
          <isin value="US73360CAJ36"/>
        </identifiers>
        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120826.89000000</valUSD>
        <pctVal>0.066404760933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>CROSS CREEK N CDD FL SPL ASSMN</name>
        <lei>N/A</lei>
        <title>Cross Creek North Community Development District</title>
        <cusip>227521AG6</cusip>
        <identifiers>
          <isin value="US227521AG68"/>
        </identifiers>
        <balance>340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>294087.11000000</valUSD>
        <pctVal>0.161626143262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-05-01</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>BRIXTON PARK ASSOC NO 1</name>
        <lei>N/A</lei>
        <title>Brixton Park Improvement Association No 1</title>
        <cusip>11121HAB9</cusip>
        <identifiers>
          <isin value="US11121HAB96"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>868100.00000000</valUSD>
        <pctVal>0.477095561809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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>ESTRELLA MOUNTAIN RANCH AZ CMN</name>
        <lei>N/A</lei>
        <title>Estrella Mountain Ranch Community Facilities District</title>
        <cusip>29758RBZ5</cusip>
        <identifiers>
          <isin value="US29758RBZ55"/>
        </identifiers>
        <balance>99000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82200.79000000</valUSD>
        <pctVal>0.045176399131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>CALIFORNIA CMNTY CHOICE FING A</name>
        <lei>549300X8VKJ215S2R571</lei>
        <title>California Community Choice Financing Authority</title>
        <cusip>13013JBJ4</cusip>
        <identifiers>
          <isin value="US13013JBJ43"/>
        </identifiers>
        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>562001.90000000</valUSD>
        <pctVal>0.308868347216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Variable</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>UTAH ST CHRT SCH FIN AUTH CHRT</name>
        <lei>N/A</lei>
        <title>Utah Charter School Finance Authority</title>
        <cusip>91754TN74</cusip>
        <identifiers>
          <isin value="US91754TN740"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>79981.35000000</valUSD>
        <pctVal>0.043956626094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>NEW JERSEY ST TRANSPRTN TRUST</name>
        <lei>549300YUVD5TEXR6L889</lei>
        <title>New Jersey Transportation Trust Fund Authority</title>
        <cusip>6461364D0</cusip>
        <identifiers>
          <isin value="US6461364D01"/>
        </identifiers>
        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143297.32000000</valUSD>
        <pctVal>0.078754193515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-15</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>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
        <lei>N/A</lei>
        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
        <cusip>57421CCJ1</cusip>
        <identifiers>
          <isin value="US57421CCJ18"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>81601.06000000</valUSD>
        <pctVal>0.044846795950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</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>VIRIDIAN TX MUNI MGMT DIST ASS</name>
        <lei>N/A</lei>
        <title>Viridian Municipal Management District</title>
        <cusip>92823UAP0</cusip>
        <identifiers>
          <isin value="US92823UAP03"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40901.48000000</valUSD>
        <pctVal>0.022478878676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</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>MARYLAND ST STADIUM AUTH REVEN</name>
        <lei>549300VA283TTQRDNF71</lei>
        <title>Maryland Stadium Authority</title>
        <cusip>574296DS5</cusip>
        <identifiers>
          <isin value="US574296DS51"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>155425.27000000</valUSD>
        <pctVal>0.085419544418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>PUERTO RICO SALES TAX FING COR</name>
        <lei>N/A</lei>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
        <cusip>74529JQC2</cusip>
        <identifiers>
          <isin value="US74529JQC26"/>
        </identifiers>
        <balance>27000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21521.97000000</valUSD>
        <pctVal>0.011828172293</pctVal>
        <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>None</couponKind>
          <annualizedRt>0.00000000</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>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
        <lei>54930055TIDYHNDP4F84</lei>
        <title>San Francisco City &amp; County Airport Comm-San Francisco International Airport</title>
        <cusip>79766DMD8</cusip>
        <identifiers>
          <isin value="US79766DMD83"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411071.92000000</valUSD>
        <pctVal>0.225919351015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-01</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>2022-11-18</ncom:dateSigned>
      <ncom:nameOfApplicant>Goldman Sachs Trust</ncom:nameOfApplicant>
      <ncom:signature>Peter Fortner</ncom:signature>
      <ncom:signerName>Peter Fortner</ncom:signerName>
      <ncom:title>Vice President Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
