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        <lei>549300J8LLBYEYEXZJ24</lei>
        <title>Pennsylvania Turnpike Commission</title>
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      <invstOrSec>
        <name>PROSPER TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Prosper Independent School District</title>
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          <isin value="US7436002T44"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MINNESOTA ST</name>
        <lei>N/A</lei>
        <title>State of Minnesota</title>
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          <isin value="US60412AWT68"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT ST</name>
        <lei>N/A</lei>
        <title>State of Connecticut</title>
        <cusip>20772KLZ0</cusip>
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          <isin value="US20772KLZ02"/>
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        <balance>2900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2637865.52000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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      <invstOrSec>
        <name>SAGINAW MI CITY SCH DIST</name>
        <lei>N/A</lei>
        <title>Saginaw City School District</title>
        <cusip>786743PW8</cusip>
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          <isin value="US786743PW84"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002623.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MET GOVT NASHVILLE &amp; DAVIDSON</name>
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        <title>Metropolitan Government of Nashville &amp; Davidson County TN</title>
        <cusip>592112VX1</cusip>
        <identifiers>
          <isin value="US592112VX15"/>
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        <balance>1515000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1508417.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLACK BELT ENERGY GAS DIST AL</name>
        <lei>549300I8V0Z68JQCB679</lei>
        <title>Black Belt Energy Gas District</title>
        <cusip>09182TEC7</cusip>
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          <isin value="US09182TEC71"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2081118.60000000</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>2055-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
        <lei>N/A</lei>
        <title>Central Texas Turnpike System</title>
        <cusip>88283KCD8</cusip>
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          <isin value="US88283KCD81"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3222268.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DALLAS-FORT WORTH TX INTERNATI</name>
        <lei>N/A</lei>
        <title>Dallas Fort Worth International Airport</title>
        <cusip>23503CCY1</cusip>
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          <isin value="US23503CCY12"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1078183.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH CAROLINA ST MUNI PWR AGY</name>
        <lei>549300N3Q65G1ODRFX75</lei>
        <title>North Carolina Municipal Power Agency No 1</title>
        <cusip>6582035L4</cusip>
        <identifiers>
          <isin value="US6582035L45"/>
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        <balance>4250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4540974.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DEN8</cusip>
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          <isin value="US56035DEN84"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3104908.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>LAKELAND FL HOSP SYS REVENUE</name>
        <lei>XRPK4ZALF4437WO3JQ94</lei>
        <title>City of Lakeland FL</title>
        <cusip>511665KN0</cusip>
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          <isin value="US511665KN03"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2064000.20000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-11-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>PHILADELPHIA PA HOSPS &amp; HGR ED</name>
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        <title>Hospitals &amp; Higher Education Facilities Authority of Philadelphia/The</title>
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          <isin value="US717825PY39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TEXAS ST</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas</title>
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          <maturityDt>2029-08-01</maturityDt>
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        <name>MONTGOMERY CNTY OH HOSP REVENU</name>
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        <name>LA PAZ CNTY AZ INDL DEV AUTH E</name>
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        <title>La Paz County Industrial Development Authority</title>
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        <name>TEXAS ST</name>
        <lei>549300X9CH74QB747L76</lei>
        <title>State of Texas</title>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <title>Kentucky Public Energy Authority</title>
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        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-01</maturityDt>
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        <name>KAUFMAN CNTY TX MUNI UTILITY D</name>
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          <maturityDt>2035-12-01</maturityDt>
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          <maturityDt>2044-12-01</maturityDt>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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        <title>Arizona Industrial Development Authority</title>
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          <isin value="US04052FAG00"/>
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          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ROYAL TX INDEP SCH DIST</name>
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          <isin value="US780699TF13"/>
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        <debtSec>
          <maturityDt>2048-02-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PHILADELPHIA PA ARPT REVENUE</name>
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          <isin value="US717817UC20"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI REVENUE</name>
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          <isin value="US74442PXA82"/>
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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>2031-07-01</maturityDt>
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        <name>CHICAGO IL</name>
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          <maturityDt>2044-01-01</maturityDt>
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        <name>SOUTHEAST ENERGY AUTH COOPERAT</name>
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        <name>DAVIE FL EDUCTNL FACS REVENUE</name>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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      <invstOrSec>
        <name>SOUTH CAROLINA ST PUBLIC SVC A</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
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        <cusip>8371515D7</cusip>
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          <isin value="US8371515D73"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ILLINOIS ST SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>State of Illinois Sales Tax Revenue</title>
        <cusip>452227US8</cusip>
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          <isin value="US452227US87"/>
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        <curCd>USD</curCd>
        <valUSD>3133063.50000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>GAINESVILLE &amp; HALL CNTY GA HOS</name>
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        <title>Gainesville &amp; Hall County Hospital Authority</title>
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          <isin value="US362762RA68"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MARTIN CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>Martin County Hospital District</title>
        <cusip>57325VAS8</cusip>
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          <isin value="US57325VAS88"/>
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        <balance>495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499249.48000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PUBLIC FIN AUTH WI REVENUE</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74442PWZ4</cusip>
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          <isin value="US74442PWZ43"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>502015.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CLARK CNTY WA SCH DIST #114 EV</name>
        <lei>N/A</lei>
        <title>Clark County School District No 114 Evergreen</title>
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          <isin value="US181234R981"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3044851.80000000</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>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW YORK CITY NY TRANSITIONAL</name>
        <lei>N/A</lei>
        <title>New York City Transitional Finance Authority Future Tax Secured Revenue</title>
        <cusip>64971XXR4</cusip>
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          <isin value="US64971XXR42"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2457639.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CENTRL PUGET SOUND WA REGL TRA</name>
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        <title>Central Puget Sound Regional Transit Authority</title>
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          <isin value="US155048BB69"/>
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        <balance>3990000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4002596.43000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>GERALD R FORD INTERNATIONAL AR</name>
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        <title>Gerald R Ford International Airport Authority</title>
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          <isin value="US373695CA15"/>
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        <curCd>USD</curCd>
        <valUSD>518458.70000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <name>ARLINGTON TX HGR EDU FIN CORP</name>
        <lei>N/A</lei>
        <title>Arlington Higher Education Finance Corp</title>
        <cusip>041807FA1</cusip>
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          <isin value="US041807FA10"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>534820.20000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
        <lei>54930034DVH6W22T1E86</lei>
        <title>Pittsburgh Water &amp; Sewer Authority</title>
        <cusip>725304VE6</cusip>
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          <isin value="US725304VE61"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>381037.46000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>KALAMAZOO MI PUBLIC SCHS</name>
        <lei>N/A</lei>
        <title>Kalamazoo Public Schools</title>
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          <isin value="US483270HP21"/>
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          <couponKind>Fixed</couponKind>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
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        <name>FLORIDA ST HGR EDUCTNL FACS FI</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
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        <balance>3000000.00000000</balance>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>549300XEJZWHYSY4SL55</lei>
        <title>Kentucky Public Energy Authority</title>
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        <name>MARICOPA CNTY AZ INDL DEV AUTH</name>
        <lei>N/A</lei>
        <title>Maricopa County Industrial Development Authority</title>
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          <isin value="US56678PBG19"/>
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        <balance>725000.00000000</balance>
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        <invCountry>US</invCountry>
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          <annualizedRt>5.00000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SALT LAKE CNTY UT HOSP REVENUE</name>
        <lei>5493006VYRFL1AI6GT29</lei>
        <title>County of Salt Lake UT</title>
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          <isin value="US795677AG82"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>GEORGIA ST LOCAL GOVT COPS</name>
        <lei>N/A</lei>
        <title>Georgia Local Government</title>
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          <isin value="US373271AA35"/>
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        <curCd>USD</curCd>
        <valUSD>4434462.57000000</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>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>MICHIGAN ST FIN AUTH REVENUE</name>
        <lei>54930022O46HOX5J1D14</lei>
        <title>Michigan Finance Authority</title>
        <cusip>59447TFF5</cusip>
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          <isin value="US59447TFF57"/>
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        <balance>1450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1452341.32000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GARDEN ST PRESERVATION TRUST N</name>
        <lei>N/A</lei>
        <title>Garden State Preservation Trust</title>
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          <isin value="US365418BX94"/>
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        <balance>2470000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2588734.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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="US2350365L09"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002531.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LOS ANGELES CA DEPT OF ARPTS A</name>
        <lei>N/A</lei>
        <title>City of Los Angeles Department of Airports</title>
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          <isin value="US544445YA18"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>485517.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>AMERICAN MUNI PWR-OHIO INC OH</name>
        <lei>EARKGGZJJEMVD66XQ486</lei>
        <title>American Municipal Power Inc</title>
        <cusip>02765UQM9</cusip>
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          <isin value="US02765UQM98"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3185367.60000000</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>2032-02-15</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>
        <name>COLORADO ST EDUCTNL &amp; CULTURAL</name>
        <lei>549300BJRX2FHSSZP042</lei>
        <title>Colorado Educational &amp; Cultural Facilities Authority</title>
        <cusip>1964584T7</cusip>
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          <isin value="US1964584T70"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2180611.60000000</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>2035-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052FAN5</cusip>
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          <isin value="US04052FAN50"/>
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        <balance>865000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>898227.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>ALLEGHENY CNTY PA ARPT AUTH AR</name>
        <lei>N/A</lei>
        <title>Allegheny County Airport Authority</title>
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          <isin value="US01728LES79"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1547304.90000000</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>2028-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>MARTIN CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>Martin County Hospital District</title>
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          <isin value="US57325VAP40"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101412.62000000</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>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>DENVER CITY &amp; CNTY CO BRD OF W</name>
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        <title>Board of Water Commissioners City &amp; County of Denver/The</title>
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        <valUSD>1795635.45000000</valUSD>
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        <invCountry>US</invCountry>
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        <name>NEW JERSEY ST EDUCTNL FACS AUT</name>
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          <isin value="US646066L245"/>
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        <name>SALT LAKE CNTY UT HOSP REVENUE</name>
        <lei>5493006VYRFL1AI6GT29</lei>
        <title>County of Salt Lake UT</title>
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          <isin value="US795677AF00"/>
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        <name>LACKAWANNA CNTY PA INDL DEV AU</name>
        <lei>N/A</lei>
        <title>Lackawanna County Industrial Development Authority</title>
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          <isin value="US505493AQ93"/>
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      <invstOrSec>
        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <title>Chicago O'Hare International Airport</title>
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          <isin value="US167593F231"/>
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        <invCountry>US</invCountry>
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        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
        <lei>54930034DVH6W22T1E86</lei>
        <title>Pittsburgh Water &amp; Sewer Authority</title>
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          <isin value="US725304YP81"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1351154.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ALLEGHENY CNTY PA ARPT AUTH AR</name>
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      <invstOrSec>
        <name>NEW YORK ST DORM AUTH ST PERSO</name>
        <lei>549300C8XO7EXTX2XU71</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
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        <name>ILLINOIS ST</name>
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          <isin value="US4521522R15"/>
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          <maturityDt>2033-10-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>SALT LAKE CITY UT ARPT REVENUE</name>
        <lei>N/A</lei>
        <title>City of Salt Lake City UT Airport Revenue</title>
        <cusip>795576HC4</cusip>
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          <isin value="US795576HC40"/>
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        <curCd>USD</curCd>
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          <maturityDt>2032-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MARTIN CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>Martin County Hospital District</title>
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          <isin value="US57325VAM19"/>
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        <balance>535000.00000000</balance>
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        <curCd>USD</curCd>
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          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>COLORADO ST HSG FIN AUTH MF HS</name>
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        <title>Colorado Housing and Finance Authority</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>GEORGIA ST PORTS AUTH</name>
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        <title>Georgia Ports Authority</title>
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          <isin value="US373586GK60"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>OHIO ST HOSP FAC REVENUE</name>
        <lei>5493005LEB5E170OMX59</lei>
        <title>State of Ohio</title>
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          <isin value="US677561KL58"/>
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        <curCd>USD</curCd>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>MARYLAND ST DEPT OF TRANSPRTN</name>
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          <isin value="US57421FAP27"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PITTSBURGH PA WTR &amp; SWR AUTH</name>
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        <title>Pittsburgh Water &amp; Sewer Authority</title>
        <cusip>725304YQ6</cusip>
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        <curCd>USD</curCd>
        <valUSD>1073328.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-09-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
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          <maturityDt>2037-08-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>MONTGOMERY CNTY PA HGR EDU &amp; H</name>
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        <name>MARTIN CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
        <title>Martin County Hospital District</title>
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          <maturityDt>2029-04-01</maturityDt>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
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        <title>Washington Metropolitan Area Transit Authority</title>
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        <name>SALT LAKE CITY UT ARPT REVENUE</name>
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        <name>DALLAS TX HOTEL OCCUPANCY TAX</name>
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        <name>WASHINGTON DC CONVENTION &amp; SPO</name>
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      <invstOrSec>
        <name>CMWLTH FING AUTH PA TOBACCO MA</name>
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        <name>CLARK CNTY NV SCH DIST</name>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <name>PIEDMONT SC MUNI PWR AGY ELEC</name>
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        <name>VanEck High Yield Muni ETF</name>
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          <ticker value="HYD"/>
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        <name>GRAND RIVER OK DAM AUTH REVENU</name>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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        <title>Colorado Health Facilities Authority</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-01</maturityDt>
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        <name>MARYLAND ST DEPT OF TRANSPRTN</name>
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        <name>MARTIN CNTY TX HOSP DIST</name>
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        <name>WATERLOO IA CMNTY SCH DIST SCH</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <name>MEMPHIS-SHELBY CNTY TN ARPT AU</name>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>MARTIN CNTY TX HOSP DIST</name>
        <lei>N/A</lei>
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        <name>WASHINGTON DC CONVENTION &amp; SPO</name>
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        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
        <lei>N/A</lei>
        <title>Pennsylvania Higher Educational Facilities Authority</title>
        <cusip>70917TER8</cusip>
        <identifiers>
          <isin value="US70917TER86"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354722.55000000</valUSD>
        <pctVal>0.105633439490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-06-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Wilmington Funds</ncom:nameOfApplicant>
      <ncom:signature>John C. McDonnell</ncom:signature>
      <ncom:signerName>John C. McDonnell</ncom:signerName>
      <ncom:title>Chief Operations Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
