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      <invstOrSec>
        <name>HOWELL MI PUBLIC SCHS</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>WASHINGTON ST UNIV REVENUES</name>
        <lei>N/A</lei>
        <title>Washington State University</title>
        <cusip>940094FL4</cusip>
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          <isin value="US940094FL46"/>
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        <valUSD>2216160.00000000</valUSD>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FYZ16"/>
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        <curCd>USD</curCd>
        <valUSD>872042.41000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AUSTIN TX AFFORDABLE PUBLIC FA</name>
        <lei>529900LKLIWOHOEBOF89</lei>
        <title>Austin Affordable Pfc Inc</title>
        <cusip>05217TAS3</cusip>
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          <isin value="US05217TAS33"/>
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        <curCd>USD</curCd>
        <valUSD>1106878.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>4521522L4</cusip>
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          <isin value="US4521522L45"/>
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        <balance>6490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6819632.94000000</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>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CANYONS MET DIST #5 CO</name>
        <lei>N/A</lei>
        <title>Canyons Metropolitan District No 5</title>
        <cusip>139071AK0</cusip>
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          <isin value="US139071AK06"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>215397.12000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois</title>
        <cusip>452152A35</cusip>
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          <isin value="US452152A355"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY NV PASSENGER FAC CH</name>
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          <isin value="US181006HW07"/>
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        <curCd>USD</curCd>
        <valUSD>908763.46000000</valUSD>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
        <cusip>15114CHT4</cusip>
        <identifiers>
          <isin value="US15114CHT45"/>
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        <curCd>USD</curCd>
        <valUSD>663319.18000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>WSTRN MN MUNI PWR AGY</name>
        <lei>549300LFJK9CQSN2NJ11</lei>
        <title>Western Minnesota Municipal Power Agency</title>
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          <isin value="US958697LG71"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ALAMEDA CA CORRIDOR TRANSPRTN</name>
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          <isin value="US010869AV77"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-01</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>NEW JERSEY ST ECON DEV AUTH WT</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US645780FT91"/>
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          <maturityDt>2034-11-01</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OKLAHOMA ST CAPITOL IMPT AUTH</name>
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        <title>Oklahoma Capitol Improvement Authority</title>
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          <isin value="US679088MX94"/>
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          <maturityDt>2026-07-01</maturityDt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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          <isin value="US56035DDS80"/>
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        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
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          <isin value="US514350AC10"/>
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        <name>UNIV OF TEXAS TX UNIV REVENUES</name>
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        <name>MESQUITE TX HSG FIN CORP</name>
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          <isin value="US590746AB97"/>
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        <name>S FORK FL E CDD CAPITAL IMPT R</name>
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          <isin value="US83786RBC97"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <name>DELAWARE ST HLTH FACS AUTH REV</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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          <isin value="US187145TQ00"/>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
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          <isin value="US13063DPC64"/>
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        <valUSD>2390920.55000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>DALLAS-FORT WORTH TX INTERNATI</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport</title>
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          <isin value="US23503CCL90"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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          <isin value="US74514L3T29"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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      <invstOrSec>
        <name>IRVINE CA UNIF SCH DIST SPL TA</name>
        <lei>549300BNIP4XNVC0X742</lei>
        <title>Irvine Unified School District</title>
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          <isin value="US463612KG59"/>
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        <curCd>USD</curCd>
        <valUSD>433927.64000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>COLUMBUS OH REGL ARPT AUTH REV</name>
        <lei>N/A</lei>
        <title>Columbus Regional Airport Authority</title>
        <cusip>199546CN0</cusip>
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          <isin value="US199546CN02"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PINE RIDGE PLANTATION FL CDD C</name>
        <lei>N/A</lei>
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          <isin value="US722768AR91"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST PUBLIC FIN AUTH REVEN</name>
        <lei>N/A</lei>
        <title>Texas Public Finance Authority</title>
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          <isin value="US88277PAP09"/>
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        <balance>640000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57585BEC81"/>
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        <valUSD>372835.55000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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          <isin value="US65000B4E50"/>
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          <maturityDt>2027-05-01</maturityDt>
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        <name>BIRMINGHAM MI PUBLIC SCHS</name>
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          <isin value="US091212HV58"/>
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      <invstOrSec>
        <name>COLUMBUS OH REGL ARPT AUTH REV</name>
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        <title>Columbus Regional Airport Authority</title>
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          <isin value="US199546CM29"/>
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        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
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          <isin value="US514350AD92"/>
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        <name>BURKE CNTY GA DEV AUTH POLL CO</name>
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        <name>KYLE TX SPL ASSMNT REVENUE</name>
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          <isin value="US50156CBG42"/>
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        <name>ISLE OF WIGHT CNTY VA ECON DEV</name>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <title>Perris Joint Powers Authority</title>
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      <invstOrSec>
        <name>GRAND FORKS ND HLTH CARE SYS R</name>
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          <isin value="US38546WCW82"/>
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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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IRVINE CA UNIF SCH DIST SPL TA</name>
        <lei>549300BNIP4XNVC0X742</lei>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST</name>
        <lei>549300X9CH74QB747L76</lei>
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          <isin value="US8827236A26"/>
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        <balance>4275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4371647.49000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BEAUMONT CA SPL TAX</name>
        <lei>N/A</lei>
        <title>City of Beaumont CA</title>
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          <isin value="US074434BF78"/>
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        <curCd>USD</curCd>
        <valUSD>232113.54000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
        <lei>N/A</lei>
        <title>Guam Government Waterworks Authority</title>
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          <isin value="US40065FDP62"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>735001.89000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
        <lei>1R46U5SYJ63KQXF39168</lei>
        <title>Long Island Power Authority</title>
        <cusip>542691EX4</cusip>
        <identifiers>
          <isin value="US542691EX44"/>
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        <balance>15000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14662843.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FLORIDA ST HSG FIN CORP MF MTG</name>
        <lei>549300W0PCIJCI0JCF10</lei>
        <title>Florida Housing Finance Corp</title>
        <cusip>34074HHJ4</cusip>
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          <isin value="US34074HHJ41"/>
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        <balance>1375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1380051.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DALLAS TX HSG FIN CORP</name>
        <lei>N/A</lei>
        <title>City of Dallas Housing Finance Corp</title>
        <cusip>235298BV7</cusip>
        <identifiers>
          <isin value="US235298BV70"/>
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        <balance>515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>525224.71000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA ST TRANSPRTN BRD HIGHW</name>
        <lei>N/A</lei>
        <title>Arizona Department of Transportation State Highway Fund Revenue</title>
        <cusip>040654YH2</cusip>
        <identifiers>
          <isin value="US040654YH24"/>
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        <balance>3800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3982763.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SEATTLE WA</name>
        <lei>N/A</lei>
        <title>City of Seattle WA</title>
        <cusip>8126263Y3</cusip>
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          <isin value="US8126263Y39"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5006856.50000000</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>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Jefferson AL Sewer Revenue</title>
        <cusip>472682YX5</cusip>
        <identifiers>
          <isin value="US472682YX58"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1059948.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CALIFORNIA ST HLTH FACS FING A</name>
        <lei>5493007RI8BUDOGHZ546</lei>
        <title>California Health Facilities Financing Authority</title>
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          <isin value="US13032UT733"/>
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        <balance>3125000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FPC22"/>
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        <balance>500000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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          <maturityDt>2026-07-01</maturityDt>
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        <name>CROWLEY TX INDEP SCH DIST</name>
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        <title>Crowley Independent School District</title>
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          <isin value="US228130DX57"/>
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          <maturityDt>2039-08-01</maturityDt>
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      <invstOrSec>
        <name>KYLE TX SPL ASSMNT REVENUE</name>
        <lei>549300K0SYODYQ0ANN48</lei>
        <title>City of Kyle TX</title>
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          <isin value="US50156CBZ23"/>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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        <invCountry>US</invCountry>
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          <maturityDt>2048-05-01</maturityDt>
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      <invstOrSec>
        <name>PUERTO RICO SALES TAX FING COR</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>GUAM INTERNATIONAL ARPT AUTH</name>
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        <name>BAYTOWN MUNI DEV DIST TX</name>
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        <name>KING CNTY WA SCH DIST #411 ISS</name>
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        <name>CROSSWINDS AT SOUTH LAKE SPL I</name>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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          <isin value="US88276REX61"/>
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        <name>FARMINGTON NM POLL CONTROL REV</name>
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          <isin value="US311450GC89"/>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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          <isin value="US45204FHM05"/>
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        <debtSec>
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        <name>CALIFORNIA SCH FIN AUTH SCH FA</name>
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          <isin value="US13059TGM53"/>
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        <name>COLUMBIA CNTY WI</name>
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        <name>BOYD TX SPL ASSMNT REVENUE</name>
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          <isin value="US103341AA16"/>
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        <name>CHINO CA PUBLIC FING AUTH REVE</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
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        <name>SAINT JOHN THE BAPTIST PARISH</name>
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        <name>NEW YORK ST THRUWAY AUTH PERSO</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>COLUMBUS OH REGL ARPT AUTH REV</name>
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          <isin value="US199546CP59"/>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <name>NORFOLK VA REDEV &amp; HSG AUTH MF</name>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>PUBLIC FIN AUTH WI STUDENT HSG</name>
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        <name>LAKES BY THE BAY S FL CDD ASSM</name>
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        <name>PINELLAS CNTY FL HSG FIN AUTHM</name>
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          <isin value="US72317BAQ59"/>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <name>ORANGE CNTY CA CMNTY FACS DIST</name>
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        <name>NEW HAMPSHIRE ST HLTH &amp; EDU FA</name>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>MONROE CNTY GA DEV AUTH POLL C</name>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
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        <name>KNOX CNTY TN HLTH EDUCTNL &amp; HS</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>ROSEVILLE CA SPL TAX</name>
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        <name>NEW YORK NY CITY TRANSITIONAL</name>
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        <name>HONOLULU CITY &amp; CNTY HI MF REV</name>
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        <name>CHICAGO IL PARK DIST</name>
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        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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          <isin value="US44244CS406"/>
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          <maturityDt>2044-03-01</maturityDt>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <name>TEXAS WTR DEV BRD REVENUE</name>
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          <isin value="US88285AAG31"/>
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        <name>INDIANA ST HSG &amp; CMNTY DEV AUT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
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        <name>PHOENIX AZ CIVIC IMPT CORP DIS</name>
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        <name>LAKE FRANCES FL CDD SPL ASSMNT</name>
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        <name>BRYAN TX RURAL ELEC SYS REVENU</name>
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        <name>UNIV OF N TEXAS UNIV REVENUE</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <name>STC MET DIST #2 CO</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>MARICOPA CNTY AZ ELEM SCH DIST</name>
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        <name>CENTURY PK SQUARE CDD FL SPL A</name>
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      <invstOrSec>
        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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        <name>ARLINGTON CNTY VA INDL DEV AUT</name>
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        <name>COLUMBUS-FRANKLIN CNTY OH FIN</name>
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          <maturityDt>2028-12-01</maturityDt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US646136EN71"/>
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        <debtSec>
          <maturityDt>2025-12-15</maturityDt>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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          <maturityDt>2026-08-15</maturityDt>
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        <name>BABCOCK RANCH CMNTY INDEP SPL</name>
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          <isin value="US05616KBL35"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>S VLG FL CDD CAPITAL IMPT REVE</name>
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          <isin value="US84060HAM51"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <balance>747000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-01</maturityDt>
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          <annualizedRt>4.78400000</annualizedRt>
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      <invstOrSec>
        <name>TRAILS AT MONTEREY FL CDD SPL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <name>NORTHSIDE TX INDEP SCH DIST</name>
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        <name>OKLAHOMA CNTY OK FIN AUTH EDUC</name>
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        <title>Oklahoma County Finance Authority</title>
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        <name>NEW JERSEY ST ECON DEV AUTH RE</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US64577BTQ76"/>
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        <name>SOUTH SLOANS LAKE MET DIST #2</name>
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        <name>NEW JERSEY ST ECON DEV AUTH WT</name>
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        <title>New Jersey Economic Development Authority</title>
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          <isin value="US645780FS19"/>
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        <name>DETROIT MI REGL CONVENTION FAC</name>
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        <name>SOUTH SLOANS LAKE MET DIST #2</name>
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        <name>BELLALAGO FL EDUCTNL FACS BENE</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>STAR INTERNATIONAL ACADEMY MI</name>
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        <name>LEE CNTY FL INDL DEV AUTH HLTH</name>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>LITTLE ELM TX SPL ASSMNT REVEN</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <name>TRAILS AT CROWFOOT MET DIST #3</name>
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        <name>VIRGINIA ST PORT AUTH PORT FAC</name>
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        <name>KLICKITAT CNTY WA PUBLIC UTILI</name>
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        <name>PIMA CNTY AZ SWR REVENUE</name>
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        <name>BROWARD CNTY FL HSG FIN AUTH M</name>
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        <name>CANADIAN CNTY OK INDEP SCH DIS</name>
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      <invstOrSec>
        <name>RIVER HALL FL CDD CAPITAL IMPT</name>
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      <invstOrSec>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <name>RIVERSIDE CA UNIF SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>POTTSBORO TX INDEP SCH DIST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW ORLEANS LA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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        <name>INDIANA ST FIN AUTH ENVRNMNTL</name>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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        <name>LOUISIANA ST LOCAL GOVT ENVRNM</name>
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        <title>Louisiana Local Government Environmental Facilities &amp; Community Development Auth</title>
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        <name>KENTUCKY ST ASSET/LIABILITY CO</name>
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        <name>AKRON BATH COPLEY JT TWP OH HO</name>
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          <maturityDt>2030-11-15</maturityDt>
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        <name>NEW HAVEN CT</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>WASHINGTON ST CONVENTION CENTE</name>
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        <name>ECTOR CNTY TX HOSP DIST</name>
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        <name>FORSYTH MT POLL CONTROL REVENU</name>
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        <name>TRANSBAY JT POWERS AUTH CA</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>KLICKITAT CNTY WA PUBLIC UTILI</name>
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        <title>Klickitat County Public Utility District No 1</title>
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        <name>LONG BEACH CA MARINA REVENUE</name>
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        <name>BRYAN TX RURAL ELEC SYS REVENU</name>
        <lei>N/A</lei>
        <title>City of Bryan TX Rural Electric System Revenue</title>
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          <isin value="US117610GB54"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>276198.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EL PASO CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>El Paso County Hospital District</title>
        <cusip>283590JF5</cusip>
        <identifiers>
          <isin value="US283590JF51"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2796387.36000000</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>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINO CA CMNTY FACS DIST SPL T</name>
        <lei>N/A</lei>
        <title>Chino Community Facilities District</title>
        <cusip>169511XS6</cusip>
        <identifiers>
          <isin value="US169511XS63"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354505.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ATLANTA GA DEV AUTH</name>
        <lei>N/A</lei>
        <title>Atlanta Development Authority/The</title>
        <cusip>04780NJK4</cusip>
        <identifiers>
          <isin value="US04780NJK46"/>
          <other otherDesc="SEDOL" value="BY2Z958"/>
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        <balance>3450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3452611.31000000</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>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
        <cusip>400653KP5</cusip>
        <identifiers>
          <isin value="US400653KP50"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>527957.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <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>REUNION E FL CDD SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Reunion East Community Development District</title>
        <cusip>761311AS8</cusip>
        <identifiers>
          <isin value="US761311AS82"/>
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        <balance>6820000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6825616.95000000</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>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <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>48618TBG3</cusip>
        <identifiers>
          <isin value="US48618TBG31"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>212411.59000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B4G0</cusip>
        <identifiers>
          <isin value="US65000B4G09"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>369625.69000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FJJ4</cusip>
        <identifiers>
          <isin value="US19648FJJ49"/>
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        <balance>7700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7758587.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLEGANY CNTY NY CAPITAL RESOU</name>
        <lei>N/A</lei>
        <title>Allegany County Capital Resource Corp</title>
        <cusip>017095AM2</cusip>
        <identifiers>
          <isin value="US017095AM20"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>352432.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FWB6</cusip>
        <identifiers>
          <isin value="US19648FWB65"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130433.85000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALASKA ST</name>
        <lei>N/A</lei>
        <title>State of Alaska</title>
        <cusip>0117706D1</cusip>
        <identifiers>
          <isin value="US0117706D10"/>
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        <balance>2130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2277153.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</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>
        <title>Puerto Rico Sales Tax Financing Corp Sales Tax Revenue</title>
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        <identifiers>
          <isin value="US74529JQE81"/>
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        <balance>23267000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18153220.52000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH SLOANS LAKE MET DIST #2</name>
        <lei>N/A</lei>
        <title>South Sloan's Lake Metropolitan District No 2</title>
        <cusip>84039TAH8</cusip>
        <identifiers>
          <isin value="US84039TAH86"/>
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        <balance>235000.00000000</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>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX UTILITY SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Combined Utility System Revenue</title>
        <cusip>44244CS57</cusip>
        <identifiers>
          <isin value="US44244CS570"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1089302.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
        <lei>N/A</lei>
        <title>Lancaster Municipal Authority</title>
        <cusip>514350AF4</cusip>
        <identifiers>
          <isin value="US514350AF41"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206598.15000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <title>City &amp; County of Denver CO Airport System Revenue</title>
        <cusip>249182SU1</cusip>
        <identifiers>
          <isin value="US249182SU15"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3853866.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIANA ST FIN AUTH ENVRNMNTL</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
        <cusip>455059AJ4</cusip>
        <identifiers>
          <isin value="US455059AJ47"/>
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        <balance>4525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4428154.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
        <lei>N/A</lei>
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        <cusip>249182RZ1</cusip>
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          <isin value="US249182RZ11"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILL CNTY IL FOREST PRESERVE D</name>
        <lei>N/A</lei>
        <title>Will County Forest Preserve District</title>
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          <isin value="US968661JC39"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251025.91000000</valUSD>
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        <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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FISHHAWK RANCH CDD FL SPL ASSM</name>
        <lei>N/A</lei>
        <title>Fishhawk Ranch Community Development District</title>
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          <isin value="US33804YAE41"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>272637.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
        <cusip>40064RFJ3</cusip>
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          <isin value="US40064RFJ32"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>206309.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST AIR QUALITY DEV AUTH</name>
        <lei>549300DZUU80AYOR6M80</lei>
        <title>Ohio Air Quality Development Authority</title>
        <cusip>677525WV5</cusip>
        <identifiers>
          <isin value="US677525WV57"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3789583.13000000</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>2039-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WASHINGTON ST UNIV REVENUES</name>
        <lei>N/A</lei>
        <title>Washington State University</title>
        <cusip>940094FM2</cusip>
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          <isin value="US940094FM29"/>
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        <balance>2080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2326619.78000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FYW84"/>
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        <balance>1060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1065882.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MILWAUKEE WI</name>
        <lei>N/A</lei>
        <title>City of Milwaukee WI</title>
        <cusip>602366N36</cusip>
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          <isin value="US602366N361"/>
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        <balance>2110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2141471.92000000</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>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
        <lei>N/A</lei>
        <title>Lancaster Municipal Authority</title>
        <cusip>514350AG2</cusip>
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          <isin value="US514350AG24"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>218571.18000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WATERFORD MI SCH DIST</name>
        <lei>N/A</lei>
        <title>Waterford School District/MI</title>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>743171.17000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PORT OF SEATTLE WA REVENUE</name>
        <lei>549300T9UCDUJ3GZL429</lei>
        <title>Port of Seattle WA</title>
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        <balance>3565000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>MICHIGAN ST FIN AUTH LTD OBLIG</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US594479HM27"/>
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        <balance>95000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <title>Perris Joint Powers Authority</title>
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        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
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        <title>City of Laguna Beach CA</title>
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          <isin value="US507177AS25"/>
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        <name>UTAH ST HSG CORP MF REVENUE</name>
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        <title>Utah Housing Corp</title>
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          <maturityDt>2043-08-01</maturityDt>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
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        <name>CALIFORNIA ST INFRASTRUCTURE &amp;</name>
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        <name>MISSOURI ST ENVRNMNTL IMPT &amp; E</name>
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        <name>COLORADO ST COPS</name>
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        <name>NEW MEXICO ST MTGE FIN AUTH MF</name>
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        <name>DELAWARE VLY PA REGL FIN AUTH</name>
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        <name>LANCASTER PA MUNI AUTH HLTHCAR</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>PORTLAND OR SWR SYS REVENUE</name>
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      <invstOrSec>
        <name>LOUISIANA ST OFFSHORE TERMINAL</name>
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        <name>SACRAMENTO CNTY CA WTR FING AU</name>
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        <name>EL PASO TX INDEP SCH DIST</name>
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          <isin value="US283770PC33"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isin value="US88283LKX37"/>
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          <maturityDt>2026-04-01</maturityDt>
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        <name>S FORK FL E CDD CAPITAL IMPT R</name>
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          <maturityDt>2027-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US6461367Q86"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DALLAS TX HSG FIN CORP</name>
        <lei>N/A</lei>
        <title>City of Dallas Housing Finance Corp</title>
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          <isin value="US235298BT25"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>847408.84000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
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          <isin value="US507177AN38"/>
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        <curCd>USD</curCd>
        <valUSD>258096.24000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>HLTH CARE AUTH FOR BAPTIST HLT</name>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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        <name>SHELBY CNTY TN HLTH EDUCTNL &amp;H</name>
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        <name>TAPESTRY CDD SPL ASSMNT REVENU</name>
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          <isin value="US876029AB56"/>
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        <name>INDIANA ST FIN AUTH HLTH FAC R</name>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
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        <name>FARMINGTON NM POLL CONTROL REV</name>
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        <name>WISE CNTY VA INDL DEV AUTH SOL</name>
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        <name>KEYS EDGE CDD FL SPL ASSMNT</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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        <name>CANYONS MET DIST #5 CO</name>
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        <name>WASHINGTON ST UNIV REVENUES</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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        <name>STC MET DIST #2 CO</name>
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        <name>DALLAS TX HSG FIN CORP</name>
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        <name>SALES TAX SECURITIZATION CORP</name>
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        <name>ONTARIO CA CMNTY FACS DIST #43</name>
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        <name>ARIZONA ST INDL DEV AUTH SENIO</name>
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        <name>KANSAS CITY MO SPL OBLG</name>
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        <name>TRADITION CDD #9 FL SPL ASSMNT</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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        <name>MILWAUKEE WI</name>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <name>TWO LAKES CDD FL SPL ASSMNT</name>
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          <maturityDt>2029-05-01</maturityDt>
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        <name>HOUSTON TX UTILITY SYS REVENUE</name>
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          <isin value="US44244CS240"/>
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        <name>GRAYSON CNTY TX JNR CLG DIST</name>
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        <name>WATERGRASS FL CDD II SPL ASSMN</name>
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        <name>MASSACHUSETTS ST</name>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <name>INDIANA ST FIN AUTH REVENUE</name>
        <lei>549300PS0PAS7NDSSI20</lei>
        <title>Indiana Finance Authority</title>
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          <maturityDt>2029-05-01</maturityDt>
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        <name>UNIV OF TEXAS TX UNIV REVENUES</name>
        <lei>TEHUYFNKZR6XVWLGEU86</lei>
        <title>Board of Regents of the University of Texas System</title>
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          <maturityDt>2026-08-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ROCKPORT IN POLL CONTROL REVEN</name>
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        <title>City of Rockport IN</title>
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          <maturityDt>2025-07-01</maturityDt>
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        <name>BEXLEY CDD FL SPL ASSMNT REVEN</name>
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        <title>Bexley Community Development District</title>
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          <isin value="US088570AB28"/>
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        <name>AUSTIN TX AFFORDABLE PUBLIC FA</name>
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        <title>Austin Affordable Pfc Inc</title>
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        <name>STC MET DIST #2 CO</name>
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        <name>GALVESTON TX WHARVES &amp; TERMINA</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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      <invstOrSec>
        <name>LAWRENCEVILLE GA HSG AUTH</name>
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      <invstOrSec>
        <name>REUNION W FL CDD SPL ASSMNT</name>
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      <invstOrSec>
        <name>CENTURY GARDENS FL CDD SPL ASS</name>
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          <isin value="US15652RAL33"/>
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      <invstOrSec>
        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
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          <isin value="US61361TAB70"/>
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        <valUSD>5965678.40000000</valUSD>
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      <invstOrSec>
        <name>S FORK FL E CDD CAPITAL IMPT R</name>
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          <isin value="US83786RBE53"/>
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        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KING &amp; SNOHOMISH CNTYS WA SCHD</name>
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          <isin value="US494656Y702"/>
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        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>WESTMORELAND CNTY PA INDL DEV</name>
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        <title>Westmoreland County Industrial Development Authority/PA</title>
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          <isin value="US960875AG74"/>
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        <debtSec>
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      <invstOrSec>
        <name>MIRABELLA CDD FL CAPITAL IMPT</name>
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          <isin value="US60458GAH83"/>
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      <invstOrSec>
        <name>FRANKLIN CNTY OH CONVENTION FA</name>
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          <isin value="US353174KL89"/>
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          <couponKind>Fixed</couponKind>
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        <name>DALLAS TX WTRWKS &amp; SWR SYS REV</name>
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          <isin value="US2354166M19"/>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <name>PIMA CNTY AZ UNIF SCH DIST #1T</name>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
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        <name>PR GO SER A (2017) CUSTODIAL T</name>
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        <name>HAMPTON ROADS VA TRANSPRTN ACC</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP N</name>
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      <invstOrSec>
        <name>TRAILS AT CROWFOOT MET DIST #3</name>
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        <name>VIRGIN ISLANDS TRANSPRTN &amp; INF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TEXAS ST PUBLIC FIN AUTH REVEN</name>
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          <isin value="US88277PAN50"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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          <isin value="US742400BC73"/>
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          <couponKind>Fixed</couponKind>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLARK CNTY NV PASSENGER FAC CH</name>
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        <name>WEST VIRGINIA ST ECON DEV AUTH</name>
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          <isin value="US95648VBP31"/>
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        <name>VIRGINIA ST CMWLTH TRANSPRTN B</name>
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        <name>CYPRESS SHADOWS CMNTY DEV DIST</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>SUMMERVILLE FL CDD SPL ASSMNT</name>
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        <name>PHILADELPHIA PA REDEV AUTH</name>
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        <name>HARTFORD CT SPL OBLIG</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>BASELINE MET DIST #1 CO SPL RE</name>
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        <name>ARLINGTON TX HGR EDU FIN CORP</name>
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        <name>BOERNE TX INDEP SCH DIST</name>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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        <name>OHIO ST AIR QUALITY DEV AUTH</name>
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        <name>CALIFORNIA HSG FIN AGY LTD OBL</name>
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        <name>DELAWARE RIVER PORT AUTH PA &amp;</name>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NTHRN AZ UNIV COPS</name>
        <lei>N/A</lei>
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          <isin value="US664751DP69"/>
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          <maturityDt>2026-09-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>KENTUCKY ST INTERLOCAL SCH TRA</name>
        <lei>N/A</lei>
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        <name>CHICAGO IL</name>
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          <maturityDt>2028-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>ILLINOIS ST</name>
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          <isin value="US452152H202"/>
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      <invstOrSec>
        <name>LONG BEACH CA MARINA REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Marina System Revenue</title>
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          <isin value="US542426DF56"/>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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      <invstOrSec>
        <name>NATIONAL FIN AUTH NH SENIOR LI</name>
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          <isin value="US63608SAF92"/>
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        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
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        <name>SMHA FIN PUBLIC FAC CORP TX MF</name>
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          <maturityDt>2028-07-01</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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          <isin value="US45204FQ570"/>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>PONDER TX INDEP SCH DIST</name>
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        <title>Ponder Independent School District</title>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <name>VLG FL CDD #8 SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
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        <name>HARRIS CNTY TX CULTURAL EDU FA</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
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        <name>WEST VIRGINIA ST ECON DEV AUTH</name>
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        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
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        <name>GRANT CNTY WA PUBLIC UTILITY D</name>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GUAM PWR AUTH REVENUE</name>
        <lei>549300IPOV320QCKW060</lei>
        <title>Guam Power Authority</title>
        <cusip>400653JU6</cusip>
        <identifiers>
          <isin value="US400653JU64"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1387313.07000000</valUSD>
        <pctVal>0.028682062038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N TX TOLLWAY AUTH REVENUE</name>
        <lei>PQGZGRE0F2WPMYQQ1B78</lei>
        <title>North Texas Tollway Authority</title>
        <cusip>66285WS56</cusip>
        <identifiers>
          <isin value="US66285WS566"/>
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        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5532505.00000000</valUSD>
        <pctVal>0.114382005814</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
        <cusip>708692BU1</cusip>
        <identifiers>
          <isin value="US708692BU12"/>
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        <balance>7700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7427882.00000000</valUSD>
        <pctVal>0.153568056804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.10000000</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>LANCASTER PA MUNI AUTH HLTHCAR</name>
        <lei>N/A</lei>
        <title>Lancaster Municipal Authority</title>
        <cusip>514350AB3</cusip>
        <identifiers>
          <isin value="US514350AB37"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>161736.82000000</valUSD>
        <pctVal>0.003343834643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
        <lei>5493007MQT6NGNN6BR81</lei>
        <title>Ohio Higher Educational Facility Commission</title>
        <cusip>67756DR40</cusip>
        <identifiers>
          <isin value="US67756DR401"/>
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        <balance>630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>683694.59000000</valUSD>
        <pctVal>0.014135072371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEBRASKA ST INVESTMENT FIN AUT</name>
        <lei>549300OIIXIM3SRZWK33</lei>
        <title>Nebraska Investment Finance Authority</title>
        <cusip>63967MFW5</cusip>
        <identifiers>
          <isin value="US63967MFW55"/>
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        <balance>7000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6963597.20000000</valUSD>
        <pctVal>0.143969181305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-01</maturityDt>
          <couponKind>Variable</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>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
        <cusip>40064RFK0</cusip>
        <identifiers>
          <isin value="US40064RFK05"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>519090.50000000</valUSD>
        <pctVal>0.010731958233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>TRANSBAY JT POWERS AUTH CA</name>
        <lei>549300WC0UP8WU8GYU95</lei>
        <title>Transbay Joint Powers Authority</title>
        <cusip>89356CAD8</cusip>
        <identifiers>
          <isin value="US89356CAD83"/>
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        <balance>1260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1301345.01000000</valUSD>
        <pctVal>0.026904711789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</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>TULSA CNTY OK INDL AUTH EDUCTN</name>
        <lei>549300WEYXBXLGN1E271</lei>
        <title>Tulsa County Industrial Authority</title>
        <cusip>89952PHK4</cusip>
        <identifiers>
          <isin value="US89952PHK49"/>
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        <balance>640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>718115.71000000</valUSD>
        <pctVal>0.014846713254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLORIDA INSURANCE ASSISTANCE I</name>
        <lei>N/A</lei>
        <title>Florida Insurance Assistance Interlocal Agency Inc</title>
        <cusip>34074EAB5</cusip>
        <identifiers>
          <isin value="US34074EAB56"/>
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        <balance>6425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6451182.52000000</valUSD>
        <pctVal>0.133375242590</pctVal>
        <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>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TULSA CNTY OK INDL AUTH EDUCTN</name>
        <lei>549300WEYXBXLGN1E271</lei>
        <title>Tulsa County Industrial Authority</title>
        <cusip>89952PHL2</cusip>
        <identifiers>
          <isin value="US89952PHL22"/>
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        <balance>1055000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1188026.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-01</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>REGL TRANSPRTN DIST CO SALES T</name>
        <lei>N/A</lei>
        <title>Regional Transportation District Sales Tax Revenue</title>
        <cusip>759136TJ3</cusip>
        <identifiers>
          <isin value="US759136TJ30"/>
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        <balance>19445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>19479125.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>ANAHEIM CA CMNTY FACS DIST SPL</name>
        <lei>N/A</lei>
        <title>Anaheim Community Facilities District</title>
        <cusip>03254EFH4</cusip>
        <identifiers>
          <isin value="US03254EFH45"/>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373061.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL MF HSG REVENUE</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
        <cusip>167570TW0</cusip>
        <identifiers>
          <isin value="US167570TW08"/>
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        <balance>4600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4611734.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B4J4</cusip>
        <identifiers>
          <isin value="US65000B4J48"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>429154.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOS RANCHOS DE ALBUQUERQUE NM</name>
        <lei>N/A</lei>
        <title>Village of Los Ranchos de Albuquerque NM</title>
        <cusip>545610AX5</cusip>
        <identifiers>
          <isin value="US545610AX56"/>
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        <balance>175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>181824.13000000</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>2027-09-01</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>INDIANAPOLIS IN LOCAL PUBLIC I</name>
        <lei>549300LX8ESJHDSESB87</lei>
        <title>Indianapolis Local Public Improvement Bond Bank</title>
        <cusip>45528VED7</cusip>
        <identifiers>
          <isin value="US45528VED73"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2859256.66000000</valUSD>
        <pctVal>0.059113821299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</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>GUAM PWR AUTH REVENUE</name>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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      <invstOrSec>
        <name>NEW HAVEN CT</name>
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      <invstOrSec>
        <name>COLQUITT CNTY GA SCH DIST</name>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452153AE93"/>
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        <name>GRAND FORKS ND HLTH CARE SYS R</name>
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        <name>LOUISIANA ST HSG CORP MF HSG R</name>
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        <title>Louisiana Housing Corp</title>
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          <isin value="US54627CCA99"/>
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        <name>ILLINOIS ST HSG DEV AUTH MF HS</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>Illinois Housing Development Authority</title>
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          <isin value="US45203LEM19"/>
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      <invstOrSec>
        <name>LONG BEACH CA MARINA REVENUE</name>
        <lei>N/A</lei>
        <title>City of Long Beach CA Marina System Revenue</title>
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          <isin value="US542426DE81"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FORT LAUDERDAL FL SPL ASSMNT</name>
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        <name>CANADIAN CNTY OK INDEP SCH DIS</name>
        <lei>N/A</lei>
        <title>Canadian County Independent School District No 69 Mustang</title>
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        <name>WAGONER CNTY OK DEV AUTH SALES</name>
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        <name>HIDALGO CNTY TX DRAIN DIST #1</name>
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        <name>CELEBRATION FL CDD</name>
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        <name>SARPY CNTY NE SCH DIST #37</name>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>OHIO ST HGR EDUCTNL FAC COMMIS</name>
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        <name>CHICAGO IL</name>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <name>MAIKER HSG PARTNERS CO MF HSG</name>
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        <name>CALIFORNIA PUBLIC FIN AUTH REV</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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        <name>CALIFORNIA CMNTY CHOICE FING A</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>NORTHERN IL UNIV REVENUES</name>
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        <name>LOUISIANA ST HSG CORP MF HSG R</name>
        <lei>549300VL35TBE7RSJH61</lei>
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        <name>GUAM PWR AUTH REVENUE</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTHR</name>
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      <invstOrSec>
        <name>BIRMINGHAM MI PUBLIC SCHS</name>
        <lei>N/A</lei>
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          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <title>City of Chicago IL Wastewater Transmission Revenue</title>
        <cusip>167727K47</cusip>
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          <isin value="US167727K474"/>
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        <curCd>USD</curCd>
        <valUSD>1951067.52000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
        <lei>N/A</lei>
        <title>Westside 211 Special Improvement District</title>
        <cusip>96145JBA9</cusip>
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          <isin value="US96145JBA97"/>
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        <curCd>USD</curCd>
        <valUSD>92316.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHICAGO IL WTRWKS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Chicago IL Waterworks Revenue</title>
        <cusip>167736Y43</cusip>
        <identifiers>
          <isin value="US167736Y435"/>
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        <balance>2650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2902687.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TALIS PARK CMNTY DEV DIST FL C</name>
        <lei>N/A</lei>
        <title>Talis Park Community Development District</title>
        <cusip>874249BB0</cusip>
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          <isin value="US874249BB05"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>109443.08000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
        <lei>N/A</lei>
        <title>Westside 211 Special Improvement District</title>
        <cusip>96145JAY8</cusip>
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          <isin value="US96145JAY82"/>
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        <curCd>USD</curCd>
        <valUSD>85102.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SPRINGFIELD IL ELEC REVENUE</name>
        <lei>N/A</lei>
        <title>City of Springfield IL Electric Revenue</title>
        <cusip>850578UA1</cusip>
        <identifiers>
          <isin value="US850578UA12"/>
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        <balance>4900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5304944.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
        <cusip>40064RFN4</cusip>
        <identifiers>
          <isin value="US40064RFN44"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>366247.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RANCHO CORDOVA CA CMNTY FACS D</name>
        <lei>N/A</lei>
        <title>City of Rancho Cordova CA</title>
        <cusip>75211RGS0</cusip>
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          <isin value="US75211RGS04"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>504038.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CYPRESS MILL CDD FL SPL ASSMNT</name>
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        <title>Cypress Mill Community Development District</title>
        <cusip>23283YAJ4</cusip>
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          <isin value="US23283YAJ47"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-01</maturityDt>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
        <cusip>65000B7Z5</cusip>
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        <balance>650000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIVER GLEN FL CDD CAPITAL IMPT</name>
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        <title>River Glen Community Development District</title>
        <cusip>76830AAH6</cusip>
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          <isin value="US76830AAH68"/>
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        <balance>148000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-01</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
        <cusip>57585BJJ8</cusip>
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          <isin value="US57585BJJ89"/>
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        <name>PENNSYLVANIA ST ECON DEV FING</name>
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          <isin value="US70870JGZ57"/>
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      <invstOrSec>
        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport</title>
        <cusip>167562SY4</cusip>
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          <isin value="US167562SY49"/>
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          <maturityDt>2027-01-01</maturityDt>
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      <invstOrSec>
        <name>HOWELL MI PUBLIC SCHS</name>
        <lei>N/A</lei>
        <title>Howell Public Schools</title>
        <cusip>443114WC3</cusip>
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          <isin value="US443114WC39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
        <title>Illinois Finance Authority</title>
        <cusip>45204FWS0</cusip>
        <identifiers>
          <isin value="US45204FWS00"/>
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        <balance>2400000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182NCB4</cusip>
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        <name>NEW JERSEY ST EDUCTNL FACS AUT</name>
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        <name>AUSTIN TX AFFORDABLE PUBLIC FA</name>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
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        <name>ILLINOIS ST HSG DEV AUTH MF HS</name>
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        <name>ERIE PA HGR EDU BLDG AUTH</name>
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        <name>WAGONER CNTY OK DEV AUTH SALES</name>
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        <name>GTR ORLANDO FL AVIATION AUTH A</name>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <title>Guam Government Waterworks Authority</title>
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        <name>ARIZONA ST INDL DEV AUTH MF HS</name>
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        <name>NEW YORK NY CITY TRANSITIONAL</name>
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        <name>FORSYTH MT POLL CONTROL REVENU</name>
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        <name>CO HIGH PERFORMANCE TRANSPRTN</name>
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        <name>SAN ANTONIO TX WTR REVENUE</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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          <maturityDt>2025-12-01</maturityDt>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>NORTH SLOPE BORO AK</name>
        <lei>N/A</lei>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>HERONS GLEN FL RECREATION DIST</name>
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        <name>NEW JERSEY ST HSG &amp; MTGE FIN A</name>
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        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
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          <isin value="US944514TB46"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648FZB39"/>
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          <maturityDt>2030-12-01</maturityDt>
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        <name>TOUCHSTONE CMNTY DEV DIST FL S</name>
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        <name>SANTA FE NM PUBLIC SCH DIST</name>
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        <name>CHARLESTON SC EDUCTNL EXCELLEN</name>
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        <name>OWEN CNTY KY WTR FACS REVENUE</name>
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        <name>GOOSE CREEK TX CONSOL INDEP SC</name>
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        <name>VAUXMONT MET DIST CO</name>
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        <name>CONNECTICUT ST HSG FIN AUTH HS</name>
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        <title>Connecticut Housing Finance Authority</title>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
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        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
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        <name>CO HIGH PERFORMANCE TRANSPRTN</name>
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        <name>STAR INTERNATIONAL ACADEMY MI</name>
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        <name>ISLE OF WIGHT CNTY VA ECON DEV</name>
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        <name>CHATOM AL INDL DEV BRD GULF OP</name>
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        <name>CHARLOTTE-MECKLENBURG NC HOSP</name>
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        <name>ABERDEEN FL CDD SPL ASSMNT</name>
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        <name>CHICAGO IL WTRWKS REVENUE</name>
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        <name>HLTH CARE AUTH FOR BAPTIST HLT</name>
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        <name>WESTPOINTE SPL IMPT DIST TX</name>
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        <name>DETROIT MI REGL CONVENTION FAC</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>CHELTENHAM TWP PA INDL DEV AUT</name>
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          <maturityDt>2027-06-01</maturityDt>
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          <maturityDt>2026-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>KINDRED FL CDD II SPL ASSMNT R</name>
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          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>OKLAHOMA ST TURNPIKE AUTH</name>
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        <name>CALIFORNIA ST MUNI FIN AUTH RE</name>
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        <name>ADAMS CNTY PA GEN AUTH CLG REV</name>
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      <invstOrSec>
        <name>COPPER OAKS FL CDD</name>
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        <title>Copper Oaks Community Development District</title>
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          <isin value="US21751PAH47"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2031-05-01</maturityDt>
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      <invstOrSec>
        <name>SALES TAX SECURITIZATION CORP</name>
        <lei>N/A</lei>
        <title>Sales Tax Securitization Corp</title>
        <cusip>79467BEC5</cusip>
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          <isin value="US79467BEC54"/>
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        <balance>5235000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTMORELAND CNTY PA INDL DEV</name>
        <lei>N/A</lei>
        <title>Westmoreland County Industrial Development Authority/PA</title>
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          <isin value="US960875AF91"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST SCH BLDG AUTH</name>
        <lei>N/A</lei>
        <title>Massachusetts School Building Authority</title>
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          <isin value="US576000UN16"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
        <lei>N/A</lei>
        <title>Pennsylvania Economic Development Financing Authority</title>
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          <isin value="US70870FAN69"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>616070.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW MEXICO ST HOSP EQUIPMENT L</name>
        <lei>N/A</lei>
        <title>New Mexico Hospital Equipment Loan Council</title>
        <cusip>647370JT3</cusip>
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          <isin value="US647370JT32"/>
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        <balance>7680000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HENDERSON NV LOCAL IMPT DISTS</name>
        <lei>N/A</lei>
        <title>Henderson Local Improvement Districts</title>
        <cusip>425208UC7</cusip>
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          <isin value="US425208UC76"/>
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        <balance>1060000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1059652.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON DC MET AREA TRANSIT</name>
        <lei>N/A</lei>
        <title>Washington Metropolitan Area Transit Authority Dedicated Revenue</title>
        <cusip>93878YCW7</cusip>
        <identifiers>
          <isin value="US93878YCW75"/>
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        <balance>625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>639888.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <title>Chicago Board of Education</title>
        <cusip>167501VF9</cusip>
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          <isin value="US167501VF90"/>
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        <balance>685000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>600584.03000000</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>None</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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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="US31189RBK32"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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        <title>New Jersey Transportation Trust Fund Authority</title>
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          <isin value="US646136XG10"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
          <couponKind>None</couponKind>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>KANSAS CITY MO PLANNED INDL EX</name>
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        <title>Kansas City Planned Industrial Expansion Authority</title>
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        <balance>5000000.00000000</balance>
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        <name>DENVER CITY &amp; CNTY CO ARPT REV</name>
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        <name>ATLANTA GA</name>
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        <title>City of Atlanta GA</title>
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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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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <title>Michigan Finance Authority</title>
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        <name>STC MET DIST #2 CO</name>
        <lei>N/A</lei>
        <title>STC Metropolitan District No 2</title>
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      <invstOrSec>
        <name>ROCKLIN CA SPL TAX</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>WESTPOINTE SPL IMPT DIST TX</name>
        <lei>N/A</lei>
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          <isin value="US96124RAH21"/>
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        <curCd>USD</curCd>
        <valUSD>281816.26000000</valUSD>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>RHODE ISLAND ST</name>
        <lei>N/A</lei>
        <title>State of Rhode Island</title>
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          <isin value="US762223ND30"/>
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        <curCd>USD</curCd>
        <valUSD>2264451.09000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>BOONE CNTY KY POLL CONTROL REV</name>
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          <isin value="US098792AQ71"/>
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        <curCd>USD</curCd>
        <valUSD>5069063.16000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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        <name>E BATON ROUGE PARISH LA SWR CO</name>
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          <isin value="US270618GE50"/>
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        <curCd>USD</curCd>
        <valUSD>1114000.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHESAPEAKE VA REDEV &amp; HSG AUTH</name>
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        <balance>3450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3502075.34000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>VIRGIN ISLANDS TRANSPRTN &amp; INF</name>
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          <isin value="US927686AF24"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>649105.80000000</valUSD>
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        <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>5.00000000</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="US75211RGR21"/>
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        <curCd>USD</curCd>
        <valUSD>307682.87000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>KING CNTY WA SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of King WA Sewer Revenue</title>
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          <isin value="US495290EF18"/>
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        <balance>11250000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>NEW JERSEY ST HLTH CARE FACS F</name>
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          <isin value="US645790MC73"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MILWAUKEE CNTY WI</name>
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        <title>County of Milwaukee WI</title>
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          <isin value="US602246AR14"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>UNIV OF WASHINGTON WA UNIV REV</name>
        <lei>T8YS5W0N70BYCTHPA429</lei>
        <title>University of Washington</title>
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        <name>PUERTO RICO CMWLTH</name>
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        <title>Commonwealth of Puerto Rico</title>
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        <name>NEW YORK ST ENVRNMNTL FACS COR</name>
        <lei>549300QJ33JJW73OQO60</lei>
        <title>New York State Environmental Facilities Corp</title>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
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          <isin value="US59447TBS15"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNION CNTY NJ UTILITIES AUTH R</name>
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          <isin value="US906363AB22"/>
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          <maturityDt>2031-12-01</maturityDt>
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      <invstOrSec>
        <name>MCLENDON-CHISHOLM TX SPL ASSMN</name>
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          <isin value="US582153AR35"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
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        <name>ILLINOIS ST</name>
        <lei>54930048FV8RWPR02D67</lei>
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          <isin value="US452152S696"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>OHIO ST HSG FIN AGY MF HSG REV</name>
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        <title>Ohio Housing Finance Agency</title>
        <cusip>676900XP3</cusip>
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          <isin value="US676900XP36"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1509506.25000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
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          <annualizedRt>3.70000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57585BED64"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DULUTH MN ECON DEV AUTH HLTH C</name>
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          <isin value="US26444CJU71"/>
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        <balance>460000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2028-06-15</maturityDt>
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      <invstOrSec>
        <name>RIVER GLEN FL CDD CAPITAL IMPT</name>
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        <cusip>76830AAF0</cusip>
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          <isin value="US76830AAF03"/>
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        <balance>143000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BASELINE MET DIST #1 CO SPL RE</name>
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          <isin value="US069826AK11"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>813656.78000000</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>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>GUAM GOVT WTRWKS AUTH WTR &amp; WS</name>
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        <title>Guam Government Waterworks Authority</title>
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          <isin value="US40065FEN06"/>
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        <balance>1175000.00000000</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>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
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          <isin value="US40064RFM60"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
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        <name>ALTA LAKES CMNTY DEV DIST FL S</name>
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          <isin value="US021304AB63"/>
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        <name>WAYNE CNTY MI ARPT AUTH REVENU</name>
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        <name>SPOTSYLVANIA CNTY VA ECON DEVA</name>
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        <name>GUAM PWR AUTH REVENUE</name>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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        <name>TRAILS AT CROWFOOT MET DIST #3</name>
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      <invstOrSec>
        <name>LAGUNA BEACH CA LIMITED OBLIG</name>
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      <invstOrSec>
        <name>KLEIN TX INDEP SCH DIST</name>
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          <isin value="US498531HM76"/>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEW JERSEY ST HSG &amp; MTGE FIN A</name>
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          <isin value="US646108VD92"/>
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        <curCd>USD</curCd>
        <valUSD>1824769.49000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
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          <annualizedRt>2.85000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CANYONS MET DIST #5 CO</name>
        <lei>N/A</lei>
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          <isin value="US139071AL88"/>
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        <curCd>USD</curCd>
        <valUSD>216953.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IOWA ST FIN AUTH MIDWSTRN DISA</name>
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        <title>Iowa Finance Authority</title>
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          <isin value="US46246SAV79"/>
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        <balance>3170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3591722.54000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>DULUTH MN ECON DEV AUTH HLTH C</name>
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          <isin value="US26444CJT09"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>OKLAHOMA HSG FIN AGY COLLATERA</name>
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          <isin value="US67886UAU51"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-01</maturityDt>
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          <annualizedRt>3.40000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST</name>
        <lei>N/A</lei>
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        <cusip>574193SD1</cusip>
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          <isin value="US574193SD14"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5203579.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLEAR CREEK TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Clear Creek Independent School District</title>
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          <isin value="US184541HM54"/>
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        <balance>3410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3815397.51000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-02-01</maturityDt>
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        <name>FAIRFAX CNTY VA REDEV &amp; HSG AU</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK ST HSG FIN AGY AFFORD</name>
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        <title>New York State Housing Finance Agency</title>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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          <isin value="US018444BQ13"/>
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        <name>FORT WORTH TX SPL ASSMNT REVEN</name>
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        <name>S MIAMI FL HLTH FACS AUTH</name>
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        <name>PASCO CNTY FL CAPITAL IMPT CIG</name>
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      <invstOrSec>
        <name>ENERGY N W WA ELEC REVENUE</name>
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          <isin value="US29270C6C45"/>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>VENETIAN PARC CDD FL SPL ASSMN</name>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>COMAL TX INDEP SCH DIST</name>
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          <isin value="US1998204B45"/>
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        <valUSD>1619589.76000000</valUSD>
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          <maturityDt>2026-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>TEXAS ST DEPT OF HSG &amp; CMNTY A</name>
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          <isin value="US88275AES50"/>
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        <curCd>USD</curCd>
        <valUSD>10039860.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
        <lei>549300C8XO7EXTX2XU71</lei>
        <title>New York State Dormitory Authority</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>JACKSONVILLE FL SPL REVENUE</name>
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        <curCd>USD</curCd>
        <valUSD>703259.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FZE77"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1085909.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PORTLAND OR SWR SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Portland OR Sewer System Revenue</title>
        <cusip>736742J32</cusip>
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          <isin value="US736742J329"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2848983.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445A585"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>761425.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20775DZS4</cusip>
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        <curCd>USD</curCd>
        <valUSD>24056183.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>FIDDLERS CREEK FL CDD #2 SPL A</name>
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        <title>Fiddlers Creek Community Development District No 2</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MINNEAPOLIS MN</name>
        <lei>54930069TEI1INHRHS55</lei>
        <title>City of Minneapolis MN</title>
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          <isin value="US60375BJH06"/>
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        <balance>5730000.00000000</balance>
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        <valUSD>5303739.00000000</valUSD>
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          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <name>HARTFORD CT SPL OBLIG</name>
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          <isin value="US416464AQ80"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MIAMI-DADE CNTY FL HSG FIN AUT</name>
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        <name>LAREDO TX INDEP SCH DIST</name>
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        <title>Laredo Independent School District</title>
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          <isin value="US516840B613"/>
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        <name>PRINCETON TX SPL ASSMNT REVENU</name>
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        <title>City of Princeton TX</title>
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          <isin value="US742400AY03"/>
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        <balance>34000.00000000</balance>
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          <maturityDt>2025-09-01</maturityDt>
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      <invstOrSec>
        <name>CYPRESS-FAIRBANKS TX INDEP SCH</name>
        <lei>N/A</lei>
        <title>Cypress-Fairbanks Independent School District</title>
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          <isin value="US232769QD49"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2033-02-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGANY CNTY NY CAPITAL RESOU</name>
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        <name>SACRAMENTO CNTY CA WTR FING AU</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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          <maturityDt>2027-10-01</maturityDt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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          <maturityDt>2028-05-15</maturityDt>
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          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>SANDMINE ROAD CDD FL SPL ASSMN</name>
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        <name>STC MET DIST #2 CO</name>
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        <name>CHICAGO IL</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-01-01</maturityDt>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>ORANGE CNTY CA CMNTY FACS DIST</name>
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        <name>COLUMBIA CNTY WI</name>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <name>NEW HOPE CULTURAL ED FACS FIN</name>
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          <maturityDt>2029-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOWER COLORADO RIVER TX AUTH R</name>
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          <maturityDt>2028-01-01</maturityDt>
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        <name>ILLINOIS ST</name>
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          <maturityDt>2030-05-01</maturityDt>
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        <name>SAINT CLOUD MN HLTH CARE REVEN</name>
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        <name>LOS ANGELES CNTY CA DEV AUTH M</name>
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        <name>TARRANT CNTY TX HSG FIN CORP</name>
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        <name>WESTSIDE 211 SPL IMPT DIST TX</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>WISCONSIN ST HSG &amp; ECON DEV AU</name>
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        <name>ILLINOIS ST</name>
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        <name>LONG ISLAND NY PWR AUTH ELEC S</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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      <invstOrSec>
        <name>TEXAS ST PRIV ACTIVITY BOND SU</name>
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          <isin value="US882667AR95"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>GENESEE CNTY NY FUNDING CORP</name>
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          <isin value="US371669AE27"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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          <isin value="US57585BLF30"/>
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        <name>MISSOURI ST ENVRNMNTL IMPT &amp; E</name>
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        <title>Missouri State Environmental Improvement &amp; Energy Resources Authority</title>
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          <isin value="US606907BJ14"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
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          <isin value="US40064RGE36"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>GUAM INTERNATIONAL ARPT AUTH</name>
        <lei>N/A</lei>
        <title>Antonio B Won Pat International Airport Authority</title>
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          <isin value="US40064RFL87"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>LOUISIANA ST OFFSHORE TERMINAL</name>
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          <isin value="US546510FS24"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
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        <name>CAPITAL TRUST AGY FL EDUCTNL F</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>GALVESTON TX WHARVES &amp; TERMINA</name>
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          <maturityDt>2026-08-01</maturityDt>
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        <name>ALLEGANY CNTY NY CAPITAL RESOU</name>
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        <name>MIAMI-DADE CNTY FL AVIATION RE</name>
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        <name>CELINA TX SPL ASSESSMENT REVEN</name>
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        <name>REGL CO TRANSPRTN DIST PRIV AC</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
        <cusip>68450LHW8</cusip>
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          <isin value="US68450LHW81"/>
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        <curCd>USD</curCd>
        <valUSD>1604063.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DALLAS-FORT WORTH TX INTERNATI</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport</title>
        <cusip>23503CCK1</cusip>
        <identifiers>
          <isin value="US23503CCK18"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2011680.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COLORADO ST HLTH FACS AUTH REV</name>
        <lei>5493002JB6DRFRZPEQ21</lei>
        <title>Colorado Health Facilities Authority</title>
        <cusip>19648FYY4</cusip>
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          <isin value="US19648FYY41"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>829906.16000000</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>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO IL MIDWAY ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>Chicago Midway International Airport</title>
        <cusip>167562SL2</cusip>
        <identifiers>
          <isin value="US167562SL28"/>
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        <balance>2345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2425587.10000000</valUSD>
        <pctVal>0.050147901859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>OKLAHOMA ST CAPITOL IMPT AUTH</name>
        <lei>549300LYHYBINTZ5AY71</lei>
        <title>Oklahoma Capitol Improvement Authority</title>
        <cusip>679088MY7</cusip>
        <identifiers>
          <isin value="US679088MY77"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>261325.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <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>DALLAS TX HSG FIN CORP</name>
        <lei>N/A</lei>
        <title>City of Dallas Housing Finance Corp</title>
        <cusip>235298BS4</cusip>
        <identifiers>
          <isin value="US235298BS42"/>
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        <balance>1130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1137503.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RICHMOND CNTY GA BRD OF EDU</name>
        <lei>N/A</lei>
        <title>Richmond County Board of Education</title>
        <cusip>764581KP8</cusip>
        <identifiers>
          <isin value="US764581KP80"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>683507.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</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>S MIAMI FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>City Of South Miami Health Facilities Authority Inc</title>
        <cusip>838810DQ9</cusip>
        <identifiers>
          <isin value="US838810DQ91"/>
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        <balance>7170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7474839.72000000</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>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CANYONS MET DIST #5 CO</name>
        <lei>N/A</lei>
        <title>Canyons Metropolitan District No 5</title>
        <cusip>139071AG9</cusip>
        <identifiers>
          <isin value="US139071AG93"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259947.00000000</valUSD>
        <pctVal>0.005374285114</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-01</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>GALVESTON TX WHARVES &amp; TERMINA</name>
        <lei>N/A</lei>
        <title>City of Galveston TX Wharves &amp; Terminal Revenue</title>
        <cusip>364568KH7</cusip>
        <identifiers>
          <isin value="US364568KH78"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>570345.38000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS WTR DEV BRD REVENUE</name>
        <lei>N/A</lei>
        <title>Texas Water Development Board</title>
        <cusip>88285AAH1</cusip>
        <identifiers>
          <isin value="US88285AAH14"/>
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        <balance>1850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1906613.15000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW HOPE CULTURAL ED FACS FIN</name>
        <lei>N/A</lei>
        <title>New Hope Cultural Education Facilities Finance Corp</title>
        <cusip>64542UGP3</cusip>
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          <isin value="US64542UGP30"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>270933.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IOWA ST FIN AUTH REVENUE</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46247SBG8</cusip>
        <identifiers>
          <isin value="US46247SBG84"/>
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        <balance>2105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2103920.98000000</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>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DULUTH MN INDEP SCH DIST #709</name>
        <lei>N/A</lei>
        <title>Duluth Independent School District No 709</title>
        <cusip>264474JD0</cusip>
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          <isin value="US264474JD05"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>704129.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>VIRGIN ISLANDS TRANSPRTN &amp; INF</name>
        <lei>N/A</lei>
        <title>Virgin Islands Transportation &amp; Infrastructure Corp</title>
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          <isin value="US927686AA37"/>
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        <balance>2650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2657074.97000000</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>2025-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>NTHRN AZ UNIV COPS</name>
        <lei>N/A</lei>
        <title>Northern Arizona University</title>
        <cusip>664751DQ4</cusip>
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          <isin value="US664751DQ43"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>FLORIDA INSURANCE ASSISTANCE I</name>
        <lei>N/A</lei>
        <title>Florida Insurance Assistance Interlocal Agency Inc</title>
        <cusip>34074EAD1</cusip>
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          <isin value="US34074EAD13"/>
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        <balance>4020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4113990.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>AKRON BATH COPLEY JT TWP OH HO</name>
        <lei>N/A</lei>
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          <isin value="US009730PG11"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125596.03000000</valUSD>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HONOLULU CITY &amp; CNTY HI WSTWTR</name>
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        <cusip>4387014R2</cusip>
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          <isin value="US4387014R24"/>
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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>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
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        <cusip>20775DXK3</cusip>
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          <isin value="US20775DXK35"/>
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        <curCd>USD</curCd>
        <valUSD>5508071.28000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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      <invstOrSec>
        <name>HAWAII ST ARPTS SYS REVENUE</name>
        <lei>N/A</lei>
        <title>State of Hawaii Airports System Revenue</title>
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          <isin value="US419794ZY11"/>
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        <curCd>USD</curCd>
        <valUSD>2347663.59000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CHANDLER AZ INDL DEV AUTH INDL</name>
        <lei>N/A</lei>
        <title>Chandler Industrial Development Authority</title>
        <cusip>158862CB6</cusip>
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          <isin value="US158862CB65"/>
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        <balance>41135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41866236.33000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CALIFORNIA ST</name>
        <lei>N/A</lei>
        <title>State of California</title>
        <cusip>13063DPF9</cusip>
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          <isin value="US13063DPF95"/>
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        <balance>2350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2449649.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
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        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445A742"/>
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        <balance>3150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3299698.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20775DDL3</cusip>
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          <isin value="US20775DDL38"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST AFFORDABLE HSG CORP M</name>
        <lei>N/A</lei>
        <title>Texas State Affordable Housing Corp</title>
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          <isin value="US88271FFR91"/>
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        <balance>2200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2217295.96000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARICOPA CNTY AZ POLL CONTROLC</name>
        <lei>549300QPXP6T4Y6I1D83</lei>
        <title>Maricopa County Pollution Control Corp</title>
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          <isin value="US566854EL57"/>
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        <balance>1790000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1725620.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PUERTO RICO ELEC PWR AUTH PWRR</name>
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        <title>Puerto Rico Electric Power Authority</title>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>141535.86000000</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>2035-07-01</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
        <lei>N/A</lei>
        <title>County of Jefferson AL Sewer Revenue</title>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PIMA CNTY AZ SWR REVENUE</name>
        <lei>N/A</lei>
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          <isin value="US721876VF42"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUERTO RICO CMWLTH</name>
        <lei>549300X44HXPLJU48U63</lei>
        <title>Commonwealth of Puerto Rico</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <name>CHATOM AL INDL DEV BRD GULF OP</name>
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        <title>Chatom Industrial Development Board</title>
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          <isin value="US16229PAT21"/>
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        <name>HARRIS CNTY TX</name>
        <lei>549300G9BRP25M0W1S40</lei>
        <title>County of Harris TX</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DELAWARE ST ECON DEV AUTH REVE</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CALIFORNIA ST POLL CONTROL FIN</name>
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        <name>ROCKLIN CA SPL TAX</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <name>MISSISSIPPI DEV BK SPL OBLIG</name>
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      <invstOrSec>
        <name>HLTH CARE AUTH FOR BAPTIST HLT</name>
        <lei>N/A</lei>
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          <isin value="US42219UBW18"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ADAMS CNTY PA GEN AUTH CLG REV</name>
        <lei>N/A</lei>
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          <isin value="US00611PAY16"/>
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        <curCd>USD</curCd>
        <valUSD>692969.49000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
        <lei>N/A</lei>
        <title>City of Phoenix Civic Improvement Corp</title>
        <cusip>71883MPH1</cusip>
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          <isin value="US71883MPH15"/>
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        <curCd>USD</curCd>
        <valUSD>1215000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRAVIS CNTY TX DEV AUTH CONTRA</name>
        <lei>N/A</lei>
        <title>Travis County Development Authority</title>
        <cusip>89441AAA5</cusip>
        <identifiers>
          <isin value="US89441AAA51"/>
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        <balance>159000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>159260.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PHILADELPHIA PA ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Philadelphia PA Airport Revenue</title>
        <cusip>717817TX8</cusip>
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          <isin value="US717817TX85"/>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1150000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OHIO ST HOSP REVENUE</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio</title>
        <cusip>67756CEL8</cusip>
        <identifiers>
          <isin value="US67756CEL81"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281168.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CONNECTICUT ST SPL TAX OBLIG R</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax Revenue</title>
        <cusip>207758M42</cusip>
        <identifiers>
          <isin value="US207758M428"/>
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        <balance>2150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2249116.29000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VLG FL CDD #8 SPL ASSMNT REVEN</name>
        <lei>N/A</lei>
        <title>Village Community Development District No 8</title>
        <cusip>92707XBN9</cusip>
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          <isin value="US92707XBN93"/>
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        <balance>655000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ISLE OF WIGHT CNTY VA ECON DEV</name>
        <lei>N/A</lei>
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          <isin value="US464637AC13"/>
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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>2028-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ORANGE CNTY FL HLTH FACS AUTH</name>
        <lei>N/A</lei>
        <title>Orange County Health Facilities Authority</title>
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          <isin value="US68450LHV09"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MET PIER &amp; EXPOSITION AUTH IL</name>
        <lei>254900I3VDCQ58UGBR15</lei>
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          <isin value="US592250FJ80"/>
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        <balance>4435000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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="US45204FYZ25"/>
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          <maturityDt>2028-09-01</maturityDt>
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        <name>FLORIDA ST DEV FIN CORP EDUCTN</name>
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          <isin value="US34061UMN53"/>
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        <name>OKLAHOMA HSG FIN AGY COLLATERA</name>
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          <isin value="US67886UAT88"/>
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          <maturityDt>2028-05-01</maturityDt>
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        <name>WASHINGTON ST HLTH CARE FACS A</name>
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          <isin value="US60637AQU96"/>
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        <name>LOUISVILLE &amp; JEFFERSON CNTY KY</name>
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        <name>PERRIS CA JT PWRS AUTH LOCAL A</name>
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        <name>PUERTO RICO SALES TAX FING COR</name>
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        <name>OHIO ST WTR DEV AUTH REVENUE</name>
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      <invstOrSec>
        <name>WESTPOINTE SPL IMPT DIST TX</name>
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          <maturityDt>2029-08-15</maturityDt>
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        <name>BRISTOL VA</name>
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          <maturityDt>2027-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CHATOM AL INDL DEV BRD GULF OP</name>
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          <isin value="US16229PAX33"/>
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          <maturityDt>2029-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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          <isin value="US56035DDL38"/>
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        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isin value="US88271FFQ19"/>
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        <debtSec>
          <maturityDt>2043-04-01</maturityDt>
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        <name>BAY AREA CA TOLL AUTH TOLL BRI</name>
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          <isin value="US072024ST08"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.17000000</annualizedRt>
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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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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</maturityDt>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
        <lei>549300ZG6UBPNNNRN315</lei>
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          <isin value="US45204FZC21"/>
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          <maturityDt>2031-09-01</maturityDt>
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        <name>SAINT JOHN THE BAPTIST PARISH</name>
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        <name>WISE CNTY TX</name>
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        <name>KING CNTY WA SCH DIST #216 ENU</name>
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        <name>NEW HAMPSHIRE ST HLTH &amp; EDU FA</name>
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        <name>ARIZONA ST INDL DEV AUTH MF HS</name>
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        <name>ILLINOIS ST FIN AUTH REVENUE</name>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN ANTONIO TX HSG TRUST PUBLI</name>
        <lei>N/A</lei>
        <title>San Antonio Housing Trust Public Facility Corp</title>
        <cusip>79626VAK5</cusip>
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          <isin value="US79626VAK52"/>
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        <curCd>USD</curCd>
        <valUSD>2011169.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.19000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority</title>
        <cusip>74440DES9</cusip>
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          <isin value="US74440DES99"/>
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        <balance>575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>595800.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CMNTY DEV ADMIN MD MF DEV REVE</name>
        <lei>N/A</lei>
        <title>Maryland Community Development Administration</title>
        <cusip>20364NCK1</cusip>
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          <isin value="US20364NCK19"/>
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        <balance>1625000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1633025.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
        <cusip>15114CCU6</cusip>
        <identifiers>
          <isin value="US15114CCU62"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>323332.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OKLAHOMA ST CAPITOL IMPT AUTH</name>
        <lei>549300LYHYBINTZ5AY71</lei>
        <title>Oklahoma Capitol Improvement Authority</title>
        <cusip>679088MR2</cusip>
        <identifiers>
          <isin value="US679088MR27"/>
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        <balance>1725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1763504.93000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTH SLOANS LAKE MET DIST #2</name>
        <lei>N/A</lei>
        <title>South Sloan's Lake Metropolitan District No 2</title>
        <cusip>84039TAK1</cusip>
        <identifiers>
          <isin value="US84039TAK16"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>309268.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLEVELAND OH ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Cleveland OH Airport System Revenue</title>
        <cusip>186352RM4</cusip>
        <identifiers>
          <isin value="US186352RM48"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2018557.20000000</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>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION</name>
        <lei>8E22IH4TQD26WYDGHB25</lei>
        <title>Texas Municipal Gas Acquisition and Supply Corp II</title>
        <cusip>88255QAE9</cusip>
        <identifiers>
          <isin value="US88255QAE98"/>
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        <balance>5080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5047269.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.47000000</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>BEACH RD GOLF ESTATES CMNTY DE</name>
        <lei>N/A</lei>
        <title>Beach Road Golf Estates Community Development District</title>
        <cusip>073459AC3</cusip>
        <identifiers>
          <isin value="US073459AC33"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2506470.75000000</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>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CELINA TX SPL ASSESSMENT REVEN</name>
        <lei>N/A</lei>
        <title>City of Celina TX</title>
        <cusip>15114CHR8</cusip>
        <identifiers>
          <isin value="US15114CHR88"/>
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        <balance>579000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>580470.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SANTA FE NM PUBLIC SCH DIST</name>
        <lei>54930082JUO16DJWGD91</lei>
        <title>Santa Fe Public School District</title>
        <cusip>802088RS5</cusip>
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          <isin value="US802088RS52"/>
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        <balance>1075000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1123175.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
        <lei>549300ISNGXS0VHGVD41</lei>
        <title>Wisconsin Health &amp; Educational Facilities Authority</title>
        <cusip>97712JKF9</cusip>
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          <isin value="US97712JKF92"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10594376.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SACHSE TX SPL ASSMNT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Sachse TX</title>
        <cusip>785756AK3</cusip>
        <identifiers>
          <isin value="US785756AK32"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152120.28000000</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>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
        <cusip>709225FR2</cusip>
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          <isin value="US709225FR25"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>156315.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>STOREY PARK FL CDD SPL ASSMNT</name>
        <lei>N/A</lei>
        <title>Storey Park Community Development District</title>
        <cusip>86216RAK5</cusip>
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          <isin value="US86216RAK59"/>
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        <balance>375000.00000000</balance>
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        <valUSD>374012.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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          <maturityDt>2029-06-15</maturityDt>
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        <name>HARTFORD CNTY CT MET DIST</name>
        <lei>549300CEZQKAR15IFS62</lei>
        <title>Metropolitan District/The</title>
        <cusip>416489TZ5</cusip>
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          <isin value="US416489TZ55"/>
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        <balance>5540000.00000000</balance>
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        <valUSD>5705337.42000000</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>2026-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROCKLIN CA SPL TAX</name>
        <lei>N/A</lei>
        <title>City of Rocklin CA</title>
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          <isin value="US773747EZ96"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>95325.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLUMBUS-FRANKLIN CNTY OH FIN</name>
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        <name>DUVAL CNTY FL SCH BRD COPS</name>
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          <isin value="US45204FZB48"/>
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        <name>PROVIDENCE RI PUBLIC BLDGS AUT</name>
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          <maturityDt>2027-09-15</maturityDt>
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        <name>GTR ASHEVILLE REGL ARPT AUTH N</name>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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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="US67756DZJ89"/>
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        <fairValLevel>2</fairValLevel>
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        <name>VERANDAH E CDD FL SPL ASSMNT R</name>
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        <name>BASELINE MET DIST #1 CO SPL RE</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>NEW ORLEANS LA</name>
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        <name>MIRABELLA CDD FL CAPITAL IMPT</name>
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        <name>LEHIGH CNTY PA GEN PURPOSE AUT</name>
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        <name>RANCHO CORDOVA CA CMNTY FACS D</name>
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        <name>BUILD NYC RESOURCE CORP NY REV</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-15</maturityDt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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          <isin value="US19648FZQ08"/>
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        <balance>4025000.00000000</balance>
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        <name>MONTGOMERY TX INDEP SCH DIST</name>
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        <title>Montgomery Independent School District</title>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <name>MOODY RIVER ESTATES FL CDD SPL</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <name>ALASKA ST MUNI BOND BANK AUTH</name>
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        <name>SPRING BRANCH TX INDEP SCH DIS</name>
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        <name>CLARK CNTY NV PASSENGER FAC CH</name>
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        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
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        <name>DENVER CO HLTH &amp; HOSP AUTH HLT</name>
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        <name>BURKE CNTY GA DEV AUTH POLL CO</name>
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        <curCd>USD</curCd>
        <valUSD>2016419.35000000</valUSD>
        <pctVal>0.041688546113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.37500000</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>SALT LAKE CITY UT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
        <cusip>795576JK4</cusip>
        <identifiers>
          <isin value="US795576JK48"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2580792.00000000</valUSD>
        <pctVal>0.053356692049</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>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>AMERICAN MUNI PWR-OHIO INC OH</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power Inc</title>
        <cusip>02765URN6</cusip>
        <identifiers>
          <isin value="US02765URN62"/>
        </identifiers>
        <balance>2750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2846161.18000000</valUSD>
        <pctVal>0.058843078250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK ST URBAN DEV CORP REV</name>
        <lei>54930039Y2EMGXN6LM88</lei>
        <title>Empire State Development Corp</title>
        <cusip>650036FA9</cusip>
        <identifiers>
          <isin value="US650036FA94"/>
        </identifiers>
        <balance>21000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22642340.70000000</valUSD>
        <pctVal>0.468120018977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</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>LOWER COLORADO RIVER TX AUTH T</name>
        <lei>549300QJFPW2NNBYR215</lei>
        <title>Lower Colorado River Authority</title>
        <cusip>54811BSL6</cusip>
        <identifiers>
          <isin value="US54811BSL61"/>
        </identifiers>
        <balance>4400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4561145.60000000</valUSD>
        <pctVal>0.094299595307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</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>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-08-25</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>
  <documents>XXXX</documents>
</edgarSubmission>
