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        <name>CONNECTICUT ST HSG FIN AUTH HS</name>
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        <name>ALLENTOWN PA CITY SCH DIST</name>
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        <name>IOWA ST FIN AUTH SF MTGE REVEN</name>
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          <isin value="US462467H616"/>
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        <debtSec>
          <maturityDt>2047-01-01</maturityDt>
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        <name>PALM BEACH CNTY FL HLTH FACS A</name>
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        <name>SOUTHEAST ENERGY AUTH AL COMMO</name>
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        <name>PHILADELPHIA PA ARPT REVENUE</name>
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          <isin value="US717817TP51"/>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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      <invstOrSec>
        <name>TEXAS ST TRANSPRTN COMMISSION</name>
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        <name>UNIV OF NORTH DAKOTA COPS</name>
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        <name>PUBLIC FIN AUTH WI HOSP REVENU</name>
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        <name>COOK CNTY IL SALES TAX REVENUE</name>
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        <name>SAN FRANCISCO CALIF CITY &amp;CNTY</name>
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          <maturityDt>2043-12-01</maturityDt>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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          <isin value="US249189DF55"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-01</maturityDt>
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        <name>SAINT LOUIS CNTY MO INDL DEV A</name>
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        <name>CONNECTICUT ST HSG FIN AUTH HS</name>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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          <isin value="US018444BB44"/>
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        <name>MARYLAND ST ECON DEV CORP STUD</name>
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        <name>NORTHERN IL UNIV REVENUES</name>
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        <title>Northern Illinois University</title>
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        <name>NORTHERN IL UNIV REVENUES</name>
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        <name>CHICAGO IL TRANSIT AUTH SALES</name>
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        <name>NEW MEXICO ST MTGE FIN AUTH</name>
        <lei>N/A</lei>
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          <isin value="US647201R616"/>
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      <invstOrSec>
        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US64613CEH79"/>
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          <maturityDt>2041-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>LOWER COLORADO RIVER TX AUTH T</name>
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          <isin value="US54811BXU06"/>
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          <maturityDt>2046-05-15</maturityDt>
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        <name>TARRANT CNTY TX CULTURAL EDU F</name>
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          <isin value="US87638TJK07"/>
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          <maturityDt>2049-10-01</maturityDt>
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        <name>NEW JERSEY ST HLTH CARE FACS F</name>
        <lei>N/A</lei>
        <title>New Jersey Health Care Facilities Financing Authority</title>
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          <isin value="US645790QD11"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2051-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <title>County of Jefferson AL Sewer Revenue</title>
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          <isin value="US472682ZR71"/>
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        <curCd>USD</curCd>
        <valUSD>4892148.90000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON ST CONVENTION CENTE</name>
        <lei>N/A</lei>
        <title>Washington State Convention Center Public Facilities District</title>
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          <isin value="US93976AEL26"/>
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        <balance>3400000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2058-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CANONSBURG-HOUSTON PA JT AUTH</name>
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        <title>Canonsburg-Houston Joint Authority/The</title>
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          <isin value="US138015FY30"/>
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        <curCd>USD</curCd>
        <valUSD>2022342.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MONTGOMERY CNTY PA INDL DEV AU</name>
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          <isin value="US613609F920"/>
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        <valUSD>1006629.00000000</valUSD>
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          <maturityDt>2048-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>TEXAS ST DEPT OF HSG &amp; CMNTY A</name>
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          <isin value="US88275FSG53"/>
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          <maturityDt>2051-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <name>CHICAGO IL PARK DIST</name>
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        <name>WASHINGTON ST CONVENTION CENTE</name>
        <lei>N/A</lei>
        <title>Washington State Convention Center Public Facilities District</title>
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          <isin value="US93976ACE01"/>
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        <name>NEW ORLEANS LA AVIATION BRD SP</name>
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        <name>NEW YORK NY</name>
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        <name>MET GOVT NASHVILLE &amp; DAVIDSONC</name>
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        <name>MISSION TX ECON DEV CORP REVEN</name>
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        <title>Omaha Public Power District</title>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
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          <maturityDt>2043-12-31</maturityDt>
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        <name>PENNSYLVANIA ST HGR EDUCTNL FA</name>
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          <isin value="US70917SXS75"/>
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        <name>NEW YORK ST DORM AUTH REVENUES</name>
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        <name>DALLAS TX AREA RAPID TRANSIT S</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PORT OF PORTLAND OR ARPT REVEN</name>
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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="US04052FCT03"/>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>California Housing Finance Agency</title>
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        <name>GRANT CNTY WA PUBLIC UTILITY D</name>
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        <name>AUBURN UNIV AL GEN FEE REVENUE</name>
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        <name>ARIZONA ST INDL DEV AUTH NATIO</name>
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        <name>TOBACCO SETTLEMENT AUTH IA TOB</name>
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        <lei>549300C8XO7EXTX2XU71</lei>
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        <name>ILLINOIS ST TOLL HIGHWAY AUTH</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
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        <name>WILLIAMSBURG VA ECON DEV AUTH</name>
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          <isin value="US969671AT35"/>
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        <name>CHICAGO IL BRD OF EDU DEDICATE</name>
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        <name>MINNEAPOLIS-SAINT PAUL MN MET</name>
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          <isin value="US603827N445"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>PHILADELPHIA PA AUTH FOR INDL</name>
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        <title>Philadelphia Authority for Industrial Development</title>
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        <name>KNOX CNTY TN HLTH EDUCTNL &amp; HS</name>
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        <name>NEW YORK ST DORM AUTH ST PERSO</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>PHILADELPHIA PA GAS WKS REVENU</name>
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        <name>NEW YORK CITY NY MUNI WTR FIN</name>
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        <title>New York City Municipal Water Finance Authority</title>
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        <name>INDIANA ST HLTH FAC FING AUTH</name>
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        <title>Indiana Health Facility Financing Authority</title>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <name>GLENDALE AZ INDL DEV AUTH SENI</name>
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        <name>UTAH ST CHRT SCH FIN AUTH CHRT</name>
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        <name>NEW ORLEANS LA AVIATION BRD</name>
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          <isin value="US64763HEW16"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>COLORADO ST HLTH FACS AUTH REV</name>
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          <isin value="US19648FVJ01"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-05-15</maturityDt>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <cusip>20775DMR0</cusip>
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          <isin value="US20775DMR07"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-06-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isin value="US613603A585"/>
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        <name>WISCONSIN ST HLTH &amp; EDUCTNL FA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-07-01</maturityDt>
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        <title>Illinois Finance Authority</title>
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          <isin value="US452017AS51"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-10-01</maturityDt>
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        <name>CALIFORNIA ST MUNI FIN AUTH ST</name>
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          <isin value="US13049YEX58"/>
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        <balance>350000.00000000</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>2026-05-15</maturityDt>
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          <isin value="US04110FAB13"/>
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          <maturityDt>2034-07-01</maturityDt>
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        <name>MICHIGAN ST FIN AUTH REVENUE</name>
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        <name>GEISINGER PA AUTH HLTH SYS REV</name>
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      <invstOrSec>
        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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          <isin value="US709225GL46"/>
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        <valUSD>1102964.00000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-12-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTMORELAND CNTY PA MUNI AUTH</name>
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        <title>Westmoreland County Municipal Authority</title>
        <cusip>961017QS2</cusip>
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          <isin value="US961017QS20"/>
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        <curCd>USD</curCd>
        <valUSD>1007646.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>442349DE3</cusip>
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          <isin value="US442349DE39"/>
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        <curCd>USD</curCd>
        <valUSD>4197446.80000000</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>2039-07-01</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>
        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
        <cusip>57584YL56</cusip>
        <identifiers>
          <isin value="US57584YL564"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>422820.60000000</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>2046-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MANSFIELD TX INDEP SCH DIST</name>
        <lei>N/A</lei>
        <title>Mansfield Independent School District</title>
        <cusip>564386UE8</cusip>
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          <isin value="US564386UE82"/>
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        <curCd>USD</curCd>
        <valUSD>8456230.10000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2054-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <cusip>20774Y2C0</cusip>
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          <isin value="US20774Y2C01"/>
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        <curCd>USD</curCd>
        <valUSD>2033507.20000000</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>2042-07-01</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>California Housing Finance Age</name>
        <lei>549300BOPCVLBA552Z14</lei>
        <title>California Housing Finance Agency</title>
        <cusip>13033DAJ4</cusip>
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          <isin value="US13033DAJ46"/>
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        <curCd>USD</curCd>
        <valUSD>1804610.71000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>MASSACHUSETTS DEV FIN AGY NATI</name>
        <lei>549300UZSVMFXJK08K70</lei>
        <title>Massachusetts Development Finance Agency</title>
        <cusip>57563UAA0</cusip>
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          <isin value="US57563UAA07"/>
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        <balance>2265000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2275053.66000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>IOWA ST FIN AUTH MIDWSTRN DISA</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246SAU9</cusip>
        <identifiers>
          <isin value="US46246SAU96"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5780976.50000000</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>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOUSTON TX ARPT SYS REVENUE</name>
        <lei>N/A</lei>
        <title>City of Houston TX Airport System Revenue</title>
        <cusip>442349HT6</cusip>
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          <isin value="US442349HT61"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5343545.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>CHICAGO IL O'HARE INTERNATIONA</name>
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        <title>Chicago O'Hare International Airport</title>
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          <isin value="US167593Y489"/>
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        <valUSD>2151424.80000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <title>Port of Seattle WA</title>
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          <isin value="US735389J338"/>
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          <maturityDt>2044-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>ENERGY S E AL A COOPERATIVE DI</name>
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        <title>Energy Southeast A Cooperative District</title>
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          <isin value="US292723BN27"/>
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        <valUSD>1908386.20000000</valUSD>
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        <debtSec>
          <maturityDt>2054-07-01</maturityDt>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <valUSD>5190.53000000</valUSD>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
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        <title>Virginia Small Business Financing Authority</title>
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          <isin value="US928104QK70"/>
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        <name>PHOENIX AZ CIVIC IMPT CORP ARP</name>
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        <title>City of Phoenix Civic Improvement Corp</title>
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        <name>NEVADA ST HIGHWAY IMPT REVENUE</name>
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          <isCashCollateral>N</isCashCollateral>
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        <name>NEW YORK NY</name>
        <lei>549300ABYZD2SFD5JB29</lei>
        <title>City of New York NY</title>
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        <balance>7210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7161142.88000000</valUSD>
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        <name>TEXAS ST PUBLIC FIN AUTH LEASE</name>
        <lei>N/A</lei>
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          <isin value="US882669BL72"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-01</maturityDt>
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        <name>ILLINOIS ST HSG DEV AUTH REVEN</name>
        <lei>54930053Z6M9JVHBQZ16</lei>
        <title>Illinois Housing Development Authority</title>
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          <isin value="US45201Y8H39"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <name>HILLSBOROUGH CNTY FLA INDL DEV</name>
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          <isin value="US43233KAV61"/>
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        <curCd>USD</curCd>
        <valUSD>4995551.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-11-15</maturityDt>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
        <lei>N/A</lei>
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          <isin value="US650116EQ58"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1890246.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>ENERGY N W WA ELEC REVENUE</name>
        <lei>N/A</lei>
        <title>Energy Northwest</title>
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          <isin value="US29270C4J16"/>
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        <curCd>USD</curCd>
        <valUSD>3033362.48000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>MASSACHUSETTS ST MUNI WHOLESAL</name>
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        <title>Massachusetts Municipal Wholesale Electric Co</title>
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          <isin value="US575766AV24"/>
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        <valUSD>980590.10000000</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>2051-07-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARYLAND ST HLTH &amp; HGR EDUCTNL</name>
        <lei>N/A</lei>
        <title>Maryland Health &amp; Higher Educational Facilities Authority</title>
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          <isin value="US574218VC45"/>
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        <valUSD>5011989.50000000</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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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GTR NEW HAVEN CT WTR POLL CONT</name>
        <lei>N/A</lei>
        <title>Greater New Haven Water Pollution Control Authority</title>
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          <isin value="US39222PDC59"/>
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        <curCd>USD</curCd>
        <valUSD>25014.30000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-15</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>FLORIDA ST MID-BAY BRIDGE AUTH</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
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        <name>PONTIAC CITY MI CITY SCH DIST</name>
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        <name>SOUTH DAKOTA ST HSG DEV AUTH</name>
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        <title>South Dakota Housing Development Authority</title>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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          <isin value="US650116DA16"/>
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        <name>HARTFORD CNTY CT MET DIST</name>
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        <name>JEFFERSON CNTY AL SWR REVENUE</name>
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        <name>WASHINGTON ST HSG FIN COMMISSI</name>
        <lei>549300YL1HU59NREG764</lei>
        <title>Washington State Housing Finance Commission</title>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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          <isin value="US442349GW00"/>
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          <maturityDt>2053-07-01</maturityDt>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <name>CORPUS CHRISTI TX UTILITY SYSR</name>
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        <name>NEW YORK CITY NY HSG DEV CORP</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP N</name>
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          <isin value="US888808HM74"/>
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        <valUSD>5208821.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-06-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEFFERSON CNTY AL</name>
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          <isin value="US472628RB43"/>
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        <invCountry>US</invCountry>
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          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAN FRANCISCO CITY &amp; CNTY CA P</name>
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        <title>San Francisco City &amp; County Public Utilities Commission Power Revenue</title>
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          <isin value="US79771KDG85"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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          <isin value="US20774YC622"/>
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        <curCd>USD</curCd>
        <valUSD>203832.40000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JEA FL ELEC SYS REVENUE</name>
        <lei>N/A</lei>
        <title>JEA Electric System Revenue</title>
        <cusip>46613SQL7</cusip>
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          <isin value="US46613SQL78"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
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          <isin value="US708692BQ00"/>
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        <curCd>USD</curCd>
        <valUSD>716393.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MASSACHUSETTS ST HSG FIN AGY H</name>
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        <title>Massachusetts Housing Finance Agency</title>
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          <isin value="US57586P7M22"/>
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        <curCd>USD</curCd>
        <valUSD>2499937.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LUZERNE CNTY PA INDL DEV AUTH</name>
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        <title>Luzerne County Industrial Development Authority</title>
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          <isin value="US550728AF65"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.45000000</annualizedRt>
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        <name>PENNSYLVANIA ST TURNPIKE COMMI</name>
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        <title>Pennsylvania Turnpike Commission</title>
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          <isin value="US709225DA18"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>NEW JERSEY ST TRANSPRTN TRUST</name>
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          <isin value="US64613CDQ87"/>
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        <name>PORTLAND OR SWR SYS REVENUE</name>
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        <title>City of Portland OR Sewer System Revenue</title>
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          <isin value="US736742C548"/>
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          <maturityDt>2036-03-01</maturityDt>
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        <name>PUBLIC PWR GENERATION AGY NE R</name>
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          <isin value="US744434EN73"/>
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        <name>PHILADELPHIA PA SCH DIST</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <title>Massachusetts Development Finance Agency</title>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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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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        <name>NEW YORK CITY NY TRANSITIONAL</name>
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        <name>NEW ORLEANS LA AVIATION BRD GU</name>
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        <name>NATIONAL FIN AUTH NH REVENUE</name>
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          <isin value="US63607YAB65"/>
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          <maturityDt>2042-11-01</maturityDt>
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          <isin value="US45204E7J18"/>
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          <maturityDt>2030-11-01</maturityDt>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>MET NASHVILLE TN ARPT AUTH ARP</name>
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        <invCountry>US</invCountry>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>CONNECTICUT ST HSG FIN AUTH HS</name>
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        <name>NEW YORK ST TRANSPRTN DEV CORP</name>
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        <name>LOWELL MA COLLEGIATE CHRT SCH</name>
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        <name>LANSING MICH BRD WTR &amp; LT UTIL</name>
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          <maturityDt>2048-07-01</maturityDt>
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          <isin value="US13080SVJ04"/>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>KITSAP CNTY WA SCH DIST #100-C</name>
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        <name>RICHMOND IN HOSP AUTH REVENUE</name>
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          <isin value="US764791BA68"/>
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        <name>MASSACHUSETTS ST PORT AUTH</name>
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        <name>WASHINGTON DC MET AREA TRANSIT</name>
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        <name>W HARRIS CNTY TX REGL WTR AUTH</name>
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        <name>NATIONAL FIN AUTH LEASE REVENU</name>
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        <name>MET WASHINGTON DC ARPTS AUTH A</name>
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        <name>PEFA INC IA GAS PROJ REVENUE</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
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        <name>DENVER CO CONVENTION CENTER HO</name>
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        <name>LAMAR TX CONSOL INDEP SCH DIST</name>
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        <name>W HARRIS CNTY TX REGL WTR AUTH</name>
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        <name>COOK CNTY IL SALES TAX REVENUE</name>
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        <name>GEISINGER PA AUTH HLTH SYS REV</name>
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        <name>CONNECTICUT ST HGR EDU SUPPLEM</name>
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        <name>BUCKEYE OH TOBACCO SETTLEMENT</name>
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        <name>Washington State Housing Finan</name>
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        <title>Michigan Finance Authority</title>
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          <isin value="US59447T3T81"/>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>N TX TOLLWAY AUTH REVENUE</name>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <name>MASSACHUSETTS ST DEV FIN AGY R</name>
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        <name>DANVILLE VA INDL DEV AUTH HOSP</name>
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        <name>LA PAZ CNTY AZ INDL DEV AUTH E</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CALIFORNIA CNTY CA TOBACCO SEC</name>
        <lei>N/A</lei>
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          <isin value="US13016NEB64"/>
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        <balance>5090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5091477.12000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>GRAND PARKWAY TRANSPRTN CORP T</name>
        <lei>N/A</lei>
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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>2049-10-01</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>VIRGINIA ST CLG BLDG AUTH EDUC</name>
        <lei>N/A</lei>
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        <cusip>92778VJQ2</cusip>
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          <isin value="US92778VJQ23"/>
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        <balance>4015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4153160.57000000</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>2036-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST TURNPIKE AUTH TU</name>
        <lei>5493005YN67D71KSMI84</lei>
        <title>New Jersey Turnpike Authority</title>
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          <isin value="US646140FY48"/>
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        <balance>1300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1318252.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PENNSYLVANIA ST ECON DEV FING</name>
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        <title>Pennsylvania Economic Development Financing Authority</title>
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          <isin value="US70869PNH63"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1770419.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</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>
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      <invstOrSec>
        <name>CHICAGO IL</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>City of Chicago IL</title>
        <cusip>167486S83</cusip>
        <identifiers>
          <isin value="US167486S835"/>
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        <balance>2130000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2201172.25000000</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>2043-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>NEW JERSEY ST HGR EDU ASSISTAN</name>
        <lei>5493007OOYUHTF8GSL63</lei>
        <title>New Jersey Higher Education Student Assistance Authority</title>
        <cusip>646080WV9</cusip>
        <identifiers>
          <isin value="US646080WV91"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2128596.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</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>CONNECTICUT ST SPL TAX OBLIG R</name>
        <lei>N/A</lei>
        <title>State of Connecticut Special Tax Revenue</title>
        <cusip>207758VX8</cusip>
        <identifiers>
          <isin value="US207758VX84"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5019817.50000000</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>2035-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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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>20775DST0</cusip>
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          <isin value="US20775DST09"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1981814.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-01</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>MONTGOMERY CNTY PA INDL DEV AU</name>
        <lei>N/A</lei>
        <title>Montgomery County Industrial Development Authority/PA</title>
        <cusip>61360PCK4</cusip>
        <identifiers>
          <isin value="US61360PCK49"/>
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        <balance>8200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8388014.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</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>
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      <invstOrSec>
        <name>IOWA ST FIN AUTH REVENUE</name>
        <lei>549300NQVL49BTHOW391</lei>
        <title>Iowa Finance Authority</title>
        <cusip>46246K5E8</cusip>
        <identifiers>
          <isin value="US46246K5E87"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7000000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DENVER CO CONVENTION CENTER HO</name>
        <lei>N/A</lei>
        <title>Denver Convention Center Hotel Authority</title>
        <cusip>249189DK4</cusip>
        <identifiers>
          <isin value="US249189DK41"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1532251.80000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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>20774YK55</cusip>
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          <isin value="US20774YK559"/>
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        <balance>2270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2148603.12000000</valUSD>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>4.00000000</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>
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          <isin value="US167736Z424"/>
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        <balance>6730000.00000000</balance>
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        <valUSD>7581982.33000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HAMILTON CNTY OH SWR SYS REVEN</name>
        <lei>N/A</lei>
        <title>County of Hamilton OH Sewer System Revenue</title>
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        <identifiers>
          <isin value="US407288G863"/>
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        <balance>3750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4103389.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>COOK CNTY IL SALES TAX REVENUE</name>
        <lei>N/A</lei>
        <title>County of Cook IL Sales Tax Revenue</title>
        <cusip>213248CF2</cusip>
        <identifiers>
          <isin value="US213248CF28"/>
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        <balance>1250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1388358.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</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>WINCHESTER VA ECON DEV AUTH HO</name>
        <lei>N/A</lei>
        <title>Winchester Economic Development Authority</title>
        <cusip>973121BR6</cusip>
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        <name>RENO NV SALES TAX REVENUE</name>
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      <invstOrSec>
        <name>CHICAGO IL WSTWTR TRANSMISSION</name>
        <lei>N/A</lei>
        <title>City of Chicago IL Wastewater Transmission Revenue</title>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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          <maturityDt>2046-07-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>MET WASHINGTON DC ARPTS AUTH D</name>
        <lei>N/A</lei>
        <title>Metropolitan Washington Airports Authority Dulles Toll Road Revenue</title>
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          <isin value="US592643CS70"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>UNIV OF MASSACHUSETTS MA BLDGA</name>
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        <title>University of Massachusetts Building Authority</title>
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          <isin value="US914440UF74"/>
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        <valUSD>2219802.61000000</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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="US57584XMU27"/>
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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>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BERKS CNTY PA INDL DEV AUTH HL</name>
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        <cusip>08452RAD8</cusip>
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          <isin value="US08452RAD89"/>
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        <valUSD>602455.26000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KAREGNONDI WTR AUTH MI</name>
        <lei>N/A</lei>
        <title>Karegnondi Water Authority</title>
        <cusip>48563UBZ3</cusip>
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          <isin value="US48563UBZ30"/>
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        <valUSD>2702211.15000000</valUSD>
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        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>TRIBOROUGH NY BRIDGE &amp; TUNNEL</name>
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        <title>Triborough Bridge &amp; Tunnel Authority Sales Tax Revenue</title>
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          <isin value="US896035DG41"/>
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        <balance>4000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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        <name>MASSACHUSETTS ST</name>
        <lei>5493001N1YCXNI1O7K10</lei>
        <title>Commonwealth of Massachusetts</title>
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          <isin value="US57582RMY98"/>
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        <balance>3250000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>PUBLIC FIN AUTH WI POLL CONTRO</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74447HAC2</cusip>
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          <isin value="US74447HAC25"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-10-01</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>LANCASTER CNTY PA HOSP AUTH</name>
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          <isin value="US514045F406"/>
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          <maturityDt>2035-11-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>DELAWARE CNTY PA AUTH</name>
        <lei>N/A</lei>
        <title>Delaware County Authority</title>
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          <isin value="US245913LU08"/>
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        <name>FLORIDA ST DEPT TRANSPRTN SUNS</name>
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        <name>NEW YORK ST URBAN DEV CORP REV</name>
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        <name>CENTRL TX REGL MOBILITY AUTH R</name>
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        <name>GREAT LAKES MI WTR AUTH WTR SP</name>
        <lei>N/A</lei>
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          <isin value="US39081JGQ58"/>
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        <invCountry>US</invCountry>
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          <isin value="US74440DEC48"/>
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        <name>NEW YORK ST LIBERTY DEV CORP L</name>
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          <isin value="US649519DA03"/>
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          <maturityDt>2044-11-15</maturityDt>
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          <isin value="US837151A254"/>
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          <maturityDt>2055-12-01</maturityDt>
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        <name>MET WASHINGTON DC ARPTS AUTH D</name>
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          <isin value="US592643DF41"/>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
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        <name>BERKS CNTY PA INDL DEV AUTH HL</name>
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        <name>KENTUCKY ST PUBLIC ENERGY AUTH</name>
        <lei>549300XEJZWHYSY4SL55</lei>
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        <name>INDIANAPOLIS IN LOCAL PUBLIC I</name>
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        <name>CUMBERLAND CNTY PA MUNI AUTH</name>
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        <name>NORTH CAROLINA ST MED CARE COM</name>
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        <name>MAIN STREET NATURAL GAS INC GA</name>
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        <title>Philadelphia Gas Works Co</title>
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        <name>ALLENTOWN PA NEIGHBORHOOD IMPT</name>
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        <title>Ohio Housing Finance Agency</title>
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        <name>CHICAGO IL BRD OF EDU</name>
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        <name>PORT OF SEATTLE WA REVENUE</name>
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        <name>MET TRANSPRTN AUTH NY REVENUE</name>
        <lei>5493000TKYODLXADQD60</lei>
        <title>Metropolitan Transportation Authority</title>
        <cusip>59261AG43</cusip>
        <identifiers>
          <isin value="US59261AG435"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5202233.00000000</valUSD>
        <pctVal>0.263944181806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</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>ARIZONA ST INDL DEV AUTH NATIO</name>
        <lei>N/A</lei>
        <title>Arizona Industrial Development Authority</title>
        <cusip>04052FCM5</cusip>
        <identifiers>
          <isin value="US04052FCM59"/>
        </identifiers>
        <balance>4885000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4996112.74000000</valUSD>
        <pctVal>0.253486318158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIRGINIA ST SMALL BUSINESS FIN</name>
        <lei>N/A</lei>
        <title>Virginia Small Business Financing Authority</title>
        <cusip>928104PX0</cusip>
        <identifiers>
          <isin value="US928104PX01"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1395705.75000000</valUSD>
        <pctVal>0.070813516470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MAIN STREET NATURAL GAS INC GA</name>
        <lei>549300NY5M0QVZ6X4U26</lei>
        <title>Main Street Natural Gas Inc</title>
        <cusip>56035DEE8</cusip>
        <identifiers>
          <isin value="US56035DEE85"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2121569.80000000</valUSD>
        <pctVal>0.107641469539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Variable</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>CONNECTICUT ST HLTH &amp; EDUCTNL</name>
        <lei>549300ZOQJ5U8YBS5Q35</lei>
        <title>Connecticut State Health &amp; Educational Facilities Authority</title>
        <cusip>20774YJ32</cusip>
        <identifiers>
          <isin value="US20774YJ320"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>998607.20000000</valUSD>
        <pctVal>0.050666042899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MARYLAND ST ECON DEV CORP PRIV</name>
        <lei>549300JJ16DDBSZWSN94</lei>
        <title>Maryland Economic Development Corp</title>
        <cusip>57422JCA4</cusip>
        <identifiers>
          <isin value="US57422JCA43"/>
        </identifiers>
        <balance>9175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9600451.17000000</valUSD>
        <pctVal>0.487095297161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PUBLIC FIN AUTH WI LEASE DEV R</name>
        <lei>5493004S6D3NA627K012</lei>
        <title>Public Finance Authority</title>
        <cusip>74444YAW4</cusip>
        <identifiers>
          <isin value="US74444YAW49"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5056835.00000000</valUSD>
        <pctVal>0.256567165793</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-01</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>MUNI ELEC AUTH OF GA</name>
        <lei>JA0WNILDDF2KUPS83B16</lei>
        <title>Municipal Electric Authority of Georgia</title>
        <cusip>62620HJZ6</cusip>
        <identifiers>
          <isin value="US62620HJZ64"/>
        </identifiers>
        <balance>5755000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6298110.28000000</valUSD>
        <pctVal>0.319545388448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOBACCO SETTLEMENT FING CORP N</name>
        <lei>N/A</lei>
        <title>Tobacco Settlement Financing Corp</title>
        <cusip>888808HP0</cusip>
        <identifiers>
          <isin value="US888808HP06"/>
        </identifiers>
        <balance>5000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5199218.00000000</valUSD>
        <pctVal>0.263791210629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-01</maturityDt>
          <couponKind>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 THRUWAY AUTH GEN R</name>
        <lei>N/A</lei>
        <title>New York State Thruway Authority</title>
        <cusip>650010CM1</cusip>
        <identifiers>
          <isin value="US650010CM10"/>
        </identifiers>
        <balance>7665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7640955.66000000</valUSD>
        <pctVal>0.387676943708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIEDMONT SC MUNI PWR AGY ELEC</name>
        <lei>549300C7VOBGIG4OD375</lei>
        <title>Piedmont Municipal Power Agency</title>
        <cusip>720175ZJ0</cusip>
        <identifiers>
          <isin value="US720175ZJ02"/>
        </identifiers>
        <balance>3180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3271134.98000000</valUSD>
        <pctVal>0.165966623539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS ST MUNI GAS ACQUISITION&amp;</name>
        <lei>549300PTUE847QDBBW22</lei>
        <title>Texas Municipal Gas Acquisition &amp; Supply Corp IV</title>
        <cusip>88256PAT7</cusip>
        <identifiers>
          <isin value="US88256PAT75"/>
        </identifiers>
        <balance>16285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18346369.96000000</valUSD>
        <pctVal>0.930834433639</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDEN ST TOBACCO SECURITIZATI</name>
        <lei>N/A</lei>
        <title>Golden State Tobacco Securitization Corp</title>
        <cusip>38122ND90</cusip>
        <identifiers>
          <isin value="US38122ND906"/>
        </identifiers>
        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6329334.60000000</valUSD>
        <pctVal>0.321129607685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-06-01</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>TARRANT CNTY TX CULTURAL EDU F</name>
        <lei>549300ROY505NVTMMI25</lei>
        <title>Tarrant County Cultural Education Facilities Finance Corp</title>
        <cusip>87638QPP8</cusip>
        <identifiers>
          <isin value="US87638QPP80"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3039350.10000000</valUSD>
        <pctVal>0.154206621535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>ARIZONA BRD OF RGTS UNIV ARIZO</name>
        <lei>N/A</lei>
        <title>University of Arizona/The</title>
        <cusip>040484WW3</cusip>
        <identifiers>
          <isin value="US040484WW31"/>
        </identifiers>
        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3264269.10000000</valUSD>
        <pctVal>0.165618271383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-01</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>CUMBERLAND CNTY PA MUNI AUTH</name>
        <lei>N/A</lei>
        <title>Cumberland County Municipal Authority</title>
        <cusip>230614SL4</cusip>
        <identifiers>
          <isin value="US230614SL48"/>
        </identifiers>
        <balance>495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>495177.41000000</valUSD>
        <pctVal>0.025123672148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</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>CONNECTICUT ST ARPT AUTH CUSTO</name>
        <lei>N/A</lei>
        <title>State of Connecticut Bradley International Airport CFC Revenue</title>
        <cusip>20773CAA4</cusip>
        <identifiers>
          <isin value="US20773CAA45"/>
        </identifiers>
        <balance>2500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2550634.75000000</valUSD>
        <pctVal>0.129410813044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>2025-01-27</ncom:dateSigned>
      <ncom:nameOfApplicant>BNY MELLON MUNICIPAL FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>James Windels</ncom:signature>
      <ncom:signerName>James Windels</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
